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NumisMedia Weekly Market Report
March 17, 2008
Rarities Continue Advance
In the last six months, we have seen quite a rise in early type. For example, Draped Bust Dimes in MS60 had a wholesale market value of $14,250 in early February; this week they rose to $16,500 based on dealer buy prices. We are certain it would take even more to buy one wholesale. Astute collectors are learning what dealers have known for a long time: properly graded early coinage is rare and not easy to locate.
With early type coins becoming hard to find you can forget about the rare issues, they bring records every time they are offered for sale. A look at the recent sales in the Husak Collection of Large Cents has resulted in many changes in our price guides. Many of the prices of the higher grades have increased substantially and we were also able to list many new prices for grades that were previously unreported. The 1807 Large 7/6 is now listed at $45,000 in MS65.
The stock market continues to influence the coin market. With so many investors sitting on the sidelines with cash in hand, they are seeing opportunities in rare coins. This creates more demand for rare issues. The news that J P Morgan Chase & Co. is buying Bear Stearns & Co. with the help of the government could impact the coin business even more. As of 9:40 am PDT, Gold is $1011.50 and Silver is $20.49. Platinum is down dramatically at $1979.
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NumisMedia Weekly Dealer Price Guides
Weekly and Online Wholesale Prices
NumisMedia presents Wholesale Dealer Prices representing dealer trading levels for properly graded sight-seen coins.
Subscribers to the Dealer Price Guides will receive our Weekly Wholesale Market Dealer Price Guides and access to all of our Online and Mobile Price Guides: Market, FMV, PCGS, NGC, CAC, & Plus +.
Our Weekly NumisMedia Wholesale Market Dealer Price Guide package of 52 issues a year includes:
The Classic HD has grades from Fine through MS68 in every U.S. series in the higher denominations: Halves, Dollars, Gold, and Commemoratives.
The Classic LD has grades from Fine through MS68 in every U.S. series in the lower denominations: Half Cents through Quarters.
The Moderns Edition has grades from AU50 through MS70 in every Modern series.
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NumisMedia Weekly Extra
Weekly PDF Publication
Now included for all NumisMedia Dealer Subscribers and Members, the NumisMedia Weekly Extra Wholesale Dealer Prices, in PDF format only.
This comprehensive look into the coin market is our most complete publication yet, and it's got everything dealers have been asking for.
This easiest way to get your copy of the new Weekly Extra is with an Online-Only Dealer Subscription, for as little as $20/month.
All NumisMedia Dealer Subscribers and Members will receive the Weekly Extra, in PDF format, every Wednesday, via email, or download from numismedia.com/extra after post.
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