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NumisMedia Weekly Market Report
April 16, 2012
Collectors Seek Quality Early Coinage
The coin market mirrors the current economy. Those with discretionary income are buying coins and bullion while those without the extra cash are either staying out or selling into a lackluster market. These two divisions show why the market is weak for coins under $1,000 and stable for higher value coins. In addition, the market for coins after the 1930's is comprised of more sellers than buyers at this time, especially if the coins are not relative to Gold and Silver.
The market for Early Type Coins remains steady as reported in this week's Wholesale Market Dealer Price Guide. Bust Half Dimes and Dimes from 1794 to 1807 attract buyers for just about any grades as long as the coins are problem free. Most sales lately have been around the current Market price. 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.
Bust Quarters are high on want lists in grades MS63 and higher. Collectors and dealers are looking for coins that may have been considered Type for the series in the past. The census reports reveal few of these coins are available due to the number of coins certified in specific grades. For example, the 1821 Bust Quarter had an original mintage of 216,851 coins but the census reports show that there are only 19 coins certified in MS65 and higher grades. These are the kinds of coins that long term collectors show interest in as they tend to have great potential in future major auctions. The MS65 Bust Quarter is up this week to $16,500 Market.
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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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