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NumisMedia Weekly Market Report

Current News and Analysis of the

United States Rare Coin Market

August 20, 2007

Lower Bullion Changes Focus to Rarity

     In the last few weeks, demand in the coin market has reverted back to rare coins. Dealers and collectors are purchasing high-ticket rarities and the near term looks very bright. The ANA show produced literally hundreds of coin sales that have an FMV of over one hundred thousand dollars.

     With bullion faltering, sales for Modern issue coins have weakened. As a result, wholesale and Fair Market Value levels have fallen dramatically this past week. Make sure you double check current bullion prices before making any commitments.

     Gold Indians appear to be on the radar once again. The $2 ˝, $5, and $10 coins are very active at higher wholesale levels. The better dates are attracting very competitive bids in major auctions. Dealers and collectors are mostly looking for grades in MS63 and higher.

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

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