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NumisMedia Weekly
NumisMedia Weekly Market Report

Current News and Analysis of the

United States Rare Coin Market

February 26, 2007

Metals Climb Higher

The metals continue to lead the market as activity shifts to modern mint products. There are so many new collectors getting involved in these modern coins that many dealers have changed their focus to accommodate their wishes. Dealers will tend to reposition their businesses to where the most profits are realized. Gold has pushed higher from last week at this time, now at $683.20 and Silver has hiked to $14.51. Platinum moved to $1233.

With this switch in demand, we see many dealers offering tremendous deals of older U.S. Gold coins because the premiums have dropped so drastically. The common low grade (VF to MS60) issues tend to create great buying opportunities for collectors and investors during this cycle.

At the same time we are finding that the true collectors of classic coinage are still looking for coins that meet their expectations and will serve to grow their rare numismatic holdings. Early Type Coins continue in strong demand as long as the coins are original and problem free. Bust material is an area that seems to know no limits as collectors search for just the right coin.

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NumisMedia Weekly Archive
Current News and Analysis of the U.S.
Rare Coin Market

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