|
NumisMedia Weekly Market Report
Heritage Auction Produces Solid Results for Rarities
March 3, 2014
Gold bullion broke through the $1,350 mark in morning trading, and with a solid Atlanta ANA now behind us, dealers and collectors are looking for even higher levels over the next few weeks. Gold is strengthening because of economic crises throughout the world, especially in the Ukraine. Without a quick fix, most analysts are sure the metals will remain actively sought. Many dealers reported steady sales through most of the ANA but buying nice material is still a problem. When fresh coins come on the market, sellers want strong premiums. This is problematic of a good market and has persisted for a long time, especially with more buyers in the market.
1909-S VDB 1C MS67 Red PCGS sold for $117,500 in the Heritage Auctions U.S. Coins Signature Auction at the ANA National Money Show in Atlanta, February 27, 28 & March 2, 2014
|
Heritage Auctions hosted the ANA Sale and the results were exceptional for truly rare coins. Leading the list of highlights for Lincoln Cents was the 1909 S VDB in MS67 Red. This was a PCGS coin and is the highest certified by either service. There are a total of 12 coins certified with PCGS grading 11 of them. This one brought $117,500 and there is already a dealer on teletype looking to purchase another coin for the under bidder. It just shows that coins of this nature could sell multiple times if available. The list below shows some of the many highlights from this sale.
Date/Denomination | Grade | Price Realized |
1867 Shield Nickel w/Rays | PCGS PR65 | $70,500 |
1836 Half Dime | NGC PR66 | $47,000 |
1865 S Seated Quarter | PCGS MS66+ CAC | $64,625 |
1845 $2 ½ Gold | NGC PR67 Ultra Cameo | $223,250 |
1826 $5 Gold | NGC MS65 | $235,000 |
1796 $10 Gold | NGC AU55 | $64,625 |
1864 S $10 Gold | PCGS XF45 | $117,500 |
1870 CC $10 Gold | PCGS AU50 | $73,438 |
1875 $10 Gold | PCGS AU50 | $211,500 |
1920 S $10 Gold Indian | NGC MS65 | $199,750 |
1887 $20 Gold | PCGS PR64 Cameo | $105,750 |
1931 $20 Gold Saint | PCGS MS63 | $58,750 |
With the metals moving higher, this week's Moderns Wholesale Market Dealer Price Guide posted numerous gains for related metals. The majority of Modern Eagles are higher in most grades with the Proof Gold Eagles advancing the most. One ounce Gold Eagles are up to $1,600 Market in PR69; with this morning's surge, they are even higher by about $20. Buffalo Gold is very active with buyers looking for original coins and certified in MS & PR69 and 70. Availability of Buffalo Gold is very thin with many more buyers than sellers.
|
|
|
|
|
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.
|
|
|