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NumisMedia Weekly Market Report
Whitman and Stack's Bowers Host Next Major Events
September 16, 2013
The recent downward trend in the metals has buyers rather nervous, many are waiting to see if this market will continue to decline or bounce back. Gold was as high as $1,419.50 on August 28th and has fallen back to the current $1,317. For buyers, this may prove to be a good opportunity, especially for those heading toward the Whitman Philadelphia Expo this week; August 19 - 21. Most dealers are expecting a good show since the market has been a little slow after the recent ANA success in Chicago. Stack's Bowers Galleries will host the Philadelphia Sale with many fine rarities being offered. Below is a short list of potential highlights from this upcoming sale.
1867 Shield Nickel w/Rays PR65 PCGS
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| Date/Denomination | Grade | Current Market |
| 1867 Shield Nickel w/Rays | PR65 PCGS | $51,750 |
| 1806 Bust Quarter | MS64 NGC | $22,500 |
| 1895 S Morgan Dollar | MS65 PCGS | $20,550 |
| 1907 $10 Gold Indian | MS67 PCGS | $34,500 |
| 1884 CC $20 Gold | MS63 NGC | $23,500 |
| 1893 CC $20 Gold | MS62 NGC | $18,650 |
There are few changes to report this week in the Modern Cents through Presidential Dollars. The majority of prices remain firm at current trading levels. Many of the common coins from Lincoln Cents through Presidential Dollars are low priced and should remain steady at these levels.
In this week's Moderns Wholesale Market Dealer Price Guide, most price changes are in the bullion coin series. Most of the Gold Eagles are lower since last month with the one ounce coins down nearly $100. The same Gold Eagles in Ultra Cameo PR69 are now down to $1,525 for common dates and the PR70's are as low as $1,700 Market.
While the metals are lackluster, rarities seem to be doing rather well. Over the past month we have reported numerous increases throughout the charts for coins that have a history of demand and low populations for the grade. For example, the 1885 CC $20 Gold in MS61 has increased from $28,500 to the new Market of $34,500. This is a coin with a population of just 20 coins in MS61, with only 12 grading higher. The highest grade is MS63 with a Market of $52,500; we have no recent record of this coin trading so it is quite likely that it would bring an even higher price if it were to be auctioned.
Another coin that has shown a high return lately is the 1918 S Mercury Dime in MS66 FB. This coin increased $1,500, from $10,750 to $12,250 Market; there are only 23 coins certified in this grade by both PCGS and NGC combined. There are only two grading higher at MS67 FB.
A Classic rarity that has jumped of late is the 1876 CC Twenty Cent in MS63; while it shows only one certified in MS63 by PCGS, there are 17 in higher grades with the highest being MS66. The MS63 is now up to $240,000 Market, not because of a recent trade, but because a few dealers have made it known that they are actively trying to purchase any of these that may be available.
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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)
