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NumisMedia Weekly Market Report
Better Date Morgan Dollars Still Active
July 22, 2013
1883-CC Morgan Dollar MS68 PCGS available in the Heritage U.S. Coins Signature Auction
August 8-10, 2013
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With Gold surpassing the $1,300 mark again, dealers are already reporting an increase in activity. Buy prices are climbing and customers are showing renewed interest. Not only have common Mint State MS60 to MS64 Twenty Gold coins (both Liberties and Saints) increased $30+, the MS65's are up at least $70, showing a restored confidence in short term direction. As long as Gold holds above $1,300, most dealers feel that trading will continue to rise and fuel a new bull market. Considering the fact that Gold was under $1,200 less than a month ago, a 10% increase in bullion has done wonders for the confidence of buyers and sellers.
Morgan Silver Dollars are one of the most widely collected coins in numismatics. Their design, size, and history of the old west captures the hearts of thousands of collectors. Over the past few weeks we have reported a drop in the value of the most common dates. The generic coins tend to follow the price of Silver and, with the metal falling under $20 an ounce, thousand dollar bags of VG Dollars have drifted to $26,550. Even the MS64's have fallen to $66 Market this past week.
However, activity for Morgan Silver Dollars has not slowed; buyers are taking advantage of this downturn and sales are brisk for dealers who participate in this market. Not only are the common dates trading, better to rare dates are extremely steady at current levels. Listed below are some of the Morgan Dollars that have advanced in the last couple of weeks.
| 1878 CC | MS66 | $3,650 |
| 1879 O | MS65 | $2,975 |
| 1881 CC | MS67 | $3,650 |
| 1887 S | MS65 | $2,075 |
| 1889 O | MS65 | $4,675 |
| 1892 CC | MS64 | $2,475 |
| 1894 O | MS64 | $7,450 |
| 1896 S | MS65 | $14,850 |
| 1903 S | MS65 | $9,550 |
This week's advances in the LD Wholesale Market Dealer Price Guide are led by Buffalo Nickels, along with Indian and Early Lincoln Cents.
Buffalo Nickels have been discounted for quite some time but it looks like collectors are now comfortable with current levels to get back in the market. The 1913 D TII in MS66 is up to $1,950 Market and the 1913 S TII in MS65 is higher at $3,075. Also listed higher is the 1923 S in MS64 at $1,150.
There are numerous increases for Indian Cents this week. The 1859 Copper Nickel in MS65 is at $2,775 Market, and the 1877 in MS64 BN is now at $4,800.
Early Lincoln Cents are very active in MS64 and higher, especially the coins from San Francisco and Denver. The 1909 S Red in MS66 jumped to $2,250 Market, while the 1912 D Red in MS64 advanced to $600.
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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
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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.
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![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_2.gif)
