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Coin Market Report
 courtesy of...
numismedia

Feb 22, 2010

Over the last couple of weeks, much of the trading on the dealer networks has been for bullion related material. Dealers are trying to keep up...[READ MORE]

Click Here for the Coin Market Report archive.





 


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02/22/2010 - Dealers Active with Modern Bullion Coins

Over the last couple of weeks, much of the trading on the dealer networks has been for bullion related material. Dealers are trying to keep up with investor demand as the metals are influencing much of today’s market. Gold Eagles, Spouse Gold, and Buffalo Gold top dealer buy lists, with some... [ READ MORE ]


02/02/2010 - Gold Rebounds as Long Beach Week Begins

Dealers have already begun to arrive in Southern California for this week’s Long Beach Convention and auctions. So far wholesaling appears to be better than the last show in September. This could be helpful because the last couple of weeks have seen some market weakness, mostly due to lower... [ READ MORE ]


01/11/2010 - Liberty Head Nickel Auction Closes at $3,737,500

The FUN Convention was full of good news this past week, not the least of which was the exceptional auction hosted by Heritage Galleries in Orlando. From Half Cents to $20 Gold, there was something for everyone. The show had great attendance by dealers and the public. Better yet, collectors... [ READ MORE ]


01/07/2010 - Florida Conventions Begin with Gold on the Rise

2010 is here and Gold has already advanced over $20, putting it above $1,116. Many of the nation's coin dealers are in Florida for FUN and higher Gold is sure to spur the market just in time for this headliner convention of the year. Bowers and Merena Auctions will host a Rarities Sale January... [ READ MORE ]


01/02/2010 - Have a Happy New Year and Healthy 2010

The last two weeks of the year are normally very quiet and this year is no exception. Dealers (and collectors) are spending most of their time with their families. The dealer teletype systems have been very quiet this past week even though Gold bullion surged back over the $1,100 mark. The... [ READ MORE ]


12/09/2009 - Rare Coin Market Stable as Year Winds Down

We all knew it had to happen eventually. After Gold topped $1,220 last week, profit taking began. As of this morning, the downturn has not ceased. Gold is currently at $1,142. Most analysts are still positive and believe this is a great opportunity to buy at lower levels. One thing is for... [ READ MORE ]


11/24/2009 - Silver and Gold on the Rise and in Demand

With Gold moving higher on a weekly basis (now over $1,170), it seems like the average investor’s focus has turned to Silver. Premiums are higher and bags of silver coins are becoming more difficult to acquire. Silver is quickly approaching $20 an ounce, currently over $18.50, and coin shops... [ READ MORE ]


11/09/2009 - Gold Breaks $1,100 Mark

The amount of activity on the dealer trading networks has increased over the last few weeks because of advancing metals. With Gold now over the $1,100 level, it is attracting more buyers. Further, every time Gold reaches a new milestone, the number of investors increases as well. Every major... [ READ MORE ]


10/27/2009 - Metals Leading Market Activity

The metals are experiencing profit taking as the week begins. We are never really sure if these are times of opportunity or a potential trend. The feeling is that Gold is leading this market and the short-term direction should be to higher levels. The wholesale trading systems are still loaded... [ READ MORE ]


10/21/2009 - Pressure Mounting on Gold and Other Metals

This past week dealers and collectors have been concentrating on bullion coins. The strength of the bullion market has attracted a completely new group of investors that has increased demand for modern bullion coins. The premiums for Proof Gold Eagles and Proof Buffalo Gold have increased with... [ READ MORE ]


09/28/2009 - Gold at $1,000 and Looking for Direction

The Whitman Coin and Currency Show exceeded most expectations. There were over 400 bourse tables for this first time show and the majority of dealers have already signed up for next year. There appeared to be a constant stream of collectors roaming the show all the way to closing. The public... [ READ MORE ]


09/26/2009 - Dealers to Compete for Gold in Philadelphia

The Whitman Coin and Currency Show could prove to be a winner in Philadelphia this week. This area of the country is capable of drawing attendance from many surrounding states. Bowers and Merena will host a pre show auction September 21-23 and Stack’s will host the official auction September... [ READ MORE ]


09/14/2009 - Buyers Focused on Gold at Long Beach

With fewer dealers and more public in attendance than the previous summer show, the Long Beach Expo was much better than most dealers expected. Dealers specializing in Gold, especially generic U.S. Gold or modern issues, were busy much of the show. It also helped that the price of Gold was up... [ READ MORE ]


08/31/2009 - End of the Summer Doldrums?

The Long Beach Coin Expo is upon us once again, September 10-12. This is normally the time of the year when the coin market begins to heat up, and dealers are looking forward to Long Beach because they always manage to do well whether the majority of their business is buying or selling.... [ READ MORE ]


08/24/2009 - Mercury Dimes Trading at New Price Levels

Buffalo Nickels and Mercury Dimes have both taken some serious losses in value over the past couple of months. The primary support for these two series has disappeared and supplies have increased.

 

In this week’s LD Wholesale Market Dealer Price Guide, there are numerous... [ READ MORE ]


08/17/2009 - Demand Continues for Modern Bullion Coins


The U.S. Mint recently increased the availability of the 2009 UHR from one coin per buyer to ten coins. This has increased the number of certified coins in the market and the premiums are beginning to fall. You can now monitor the FMV and Market prices of these new issues in the Modern... [ READ MORE ]


08/10/2009 - 2009 UHR Gold Headlines ANA Convention

The U. S. Mint may have had a better show than any of the dealers at the ANA in Los Angeles. The 2009 UHR has seen solid demand, even at the strong premiums that the Mint is charging. Modern Bullion was the most active area of the market. With considerable sales in generic U.S. Gold, primarily... [ READ MORE ]


08/03/2009 - Duckor Barber Quarters Amaze Bidders

ANA week begins on Tuesday with PNG Day at the Los Angeles Convention Center followed by the official ANA auction hosted by Bowers and Merena Galleries, August 5-8. There will be six sessions of this auction with nearly 5,000 lots of U.S. coins, colonials, paper money and foreign coins... [ READ MORE ]


07/27/2009 - Something for Everyone at World's Fair of Money

Next week the ANA World’s Fair of Money comes to the Los Angeles Convention Center, August 5-9. This is usually one of the most active shows of the year. The ANA website states, “The World's Fair of Money may be the most appropriately named coin show in America. It is the largest and best... [ READ MORE ]


07/20/2009 - Always a Demand for PQ Coins

The bulk of the coin market may be somewhat lethargic at current levels; however, there are still very specific coins that are in strong demand. Most dealers will purchase Premium Quality coins in most series prior to 1940 if they are priced at today’s levels. The obstacle here is that most... [ READ MORE ]


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