|
NumisMedia Weekly Market Report
August 23, 2010
Activity Mounts for Quality Type Coins
After a strong ANA, dealers are reporting an onslaught of new business. With the market heating up after a somewhat dismal (except for bullion) summer, it looks like collectors and new investors are directing their assets into rare coins. Dealers are seeing additional new customers come into their stores looking to buy many of the essentials of numismatics. Gold coins, Silver Dollars, and Walkers seem to be of a high priority for most buyers. In many cases, buyers are trying to spread their assets among various series so they have a well-rounded portfolio of rare coins.
Results of the Heritage ANA Auction provided us with the opportunity to update many Market prices for coins that we have not seen trade in several years. The 1797 Draped Bust Half Dollar 15 Stars increased in AU58 to MS61. The Market prices for the MS61 is now $255,000. In Bust Dollars, the 1802 fell slightly in MS62 and MS63 to $35,250 and $55,000, respectively. In most cases where Market prices declined, the changes were minor. Most serious buyers are still very competitive but want to buy nice coins at just a little less than they had to pay when there were more buyers in the marketplace.
This week's HD Wholesale Market Dealer Price Guide shows many other changes as well. Bust Half Dollars indicates a lot of activity with changes both higher and lower depending on the date and the grade of the coin. Most importantly, the 1817/4 in VF20 increased to $172,500 Market. This is an extremely rare coin and seldom offered for sale. The highest grade we have listed is AU50 at $280,000. Barber Half Dollars lists a variety of increases in high grades because of the Duckor Collection. We continue to see declines for Proof Morgan Dollars in grades PR64 to PR67. However, most coins typically sell within 10% of the listed Market price. There is a lot of attention given to this series with many buyers still in pursuit of most dates.
|
|
|
|
|
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.
|
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.
|
|
|