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NumisMedia Weekly Market Report
May 19, 2008
Market Strong as Long Beach Nears
The Long Beach Expo is just a week away and already dealers from out of town are in the Southern California area. Three times a year the Expo attracts an enormous number of dealers to Long Beach for trading at local coin shops and bidding at major auctions. Ira and Larry Goldberg will conduct their sale from May 25th - 28th; Superior Galleries will host an Elite Sale on May 26th & 27th; and the official Long Beach Sale will be conducted by Heritage Auction Galleries from May 28th - 30th. There are hundreds of great numismatic rarities in these sales that are sure to attract dealers and collectors in this sizzling market.
The market for Early Type Coins continues to move higher as evident in this week's Wholesale Market Price Guide. Bust Half Dimes and Dimes from 1794 to 1807 are attracting many buyers for just about any grades as long as the coins are problem free. Most recorded sales typically have been higher than the current Market price at the time of the sale. Much of the activity for Bust Half Dimes and Dimes from 1809 to 1837 has been for grades MS63 and higher. However, we are still finding steady demand for the lower grades at current levels.
Seated coins remain high on want lists in grades MS63 and higher. Collectors and dealers are looking for coins that previously were considered Type for the series. The census reports reveal fewer of these coins are available due to the number of coins certified in specific grades. For example, a Seated Dime may have had an original mintage of 3,000,000 coins but the census reports show that there are only a pool of 100 coins certified in MS65 and higher grades. Low census numbers are a strong indicator of collector demand.
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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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