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NumisMedia Weekly Market Report
Early Lincoln Cents Appear Stronger
May 8, 2017
It has been a rough couple of weeks for the metals. After approaching the $1,300 mark, Gold has fallen back to the $1,230 level in morning trading. Coupled with the lower premiums on Proof Gold, one ounce Eagles trading is down to $1,320 in the original government package. Proof Silver Eagles have dropped as well and are down to the $35 level. Silver bullion is down to $16.25 this morning.
There has been some improvement in specific areas of the coin market of late where prices have gotten so low buyers are once again showing interest. In this week's LD Wholesale Market Dealer Price Guide early Lincoln Cents are showing a considerable number of increases for many better dates. For Lincoln Cents, it is all about the color; if it is bright Red and has a mint mark there are buyers waiting. The 1912 S in MS66 Red is up to $10,250 Market and the 1914 D MS66 RB is higher at $15,350; a Red 1914 D in this grade is nearly impossible to locate.
Buffalo Nickels are mixed depending on the date and quality; the strength of the strike is very important in this series. Anything mushy in the better dates requires a discount. However, when you find an early mint marked date with a full strike it will command a strong price. The 1913 S TII in MS66 is higher at $4,925 Market and the 1919 D in MS64 is up to $2,075. Even the 1916 in MS67 moved higher this week to $5,000.
While Barber Dimes are popular there are a lot of coins available in dealer inventories. Prices have slipped the last couple of years and it does not appear that they are about to turn around any time soon. Yet, when nice coins appear on the market there are enough buyers to command current level prices. The 1892 S in MS65 is higher at $3,150 and the 1909 D in MS66 is up to $3,850. The 1903 S in MS66 is down this week at $3,250.
There are numerous increases in Standing Liberty Quarters this week as buyers are looking for the rare dates with Full Head. Anything spectacular will command a premium, and the stronger the strike the better. The 1919 D MS64 FH jumped to $15,750 and the 1920 D in MS66 FH climbed to $13,750.
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NumisMedia Weekly Dealer Price Guides
Weekly and Online Wholesale Prices
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The Classic HD has grades from Fine through MS68 in every U.S. series in the higher denominations: Halves, Dollars, Gold, and Commemoratives.
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NumisMedia Weekly Extra
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