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NumisMedia Weekly
NumisMedia Weekly Market Report

Current News and Analysis of the

United States Rare Coin Market

July 13, 2009

Bullion Coins Lead Energetic Market

     Vacations may have created a slow market for rare coins but bullion activity continues to keep most dealers very busy. Despite the fact that bullion levels have been down over the last few weeks, interest remains quite intense. Besides rare coins, collectors and investors feel that bullion coins are the best way to maintain liquidity and still possess potential profits in the future. Most analysts anticipate a rapid rise in bullion the last half of this year.

     Results from the Summer FUN Convention in Palm Beach were mixed, which is typical of most shows at this time of the year. A few dealers were active throughout the show while others felt they should have gone on vacation. Some dealers brought their families and used the show as a vacation.

     Most of the adjustments throughout this week’s LD Wholesale Market Dealer Price Guide were minor. Indian and Lincoln Cents remain active at present levels with collectors always looking for specific dates and grades. While the market for Buffalo Nickels and Mercury Dimes is down slightly, there are still sales at current Market with some higher priced coins discounted a bit. There is one major buyer for the 1824/2 Bust Quarter in most grades up to MS63, thus causing this rarity to rise in value.

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