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NumisMedia Weekly Market Report

Advancing Metals Creating Widespread Sales

October 22, 2018

Gold has been on a solid run, holding above the $1,220 mark for the last 10 days. Dealers on the teletypes have been very active, buying and selling bullion related coins as collector and investor demand is on the rise. In morning trading Gold is currently at $1,222 and Silver is at $14.55. One ounce Proof Gold Eagles in the OGP are trading at $1,260 and Proof Silver Eagles are $36 each. Silver bags are wholesaling at $10,525 and circulated Silver Dollars are $20,650 for a VG+ bag of one thousand coins.
Stack's Bowers Galleries is hosting the official auction for this week's Whitman Baltimore Expo. One of the highlights of this sale is the 1891 $20 Gold in NGC PR66+ Ultra Cameo; quite rare in this grade but there are two certified higher by NGC in PR67. The last auction recorded for this date and grade is a 2004 Heritage sale when it brought $149,500.


1891 $20 Gold NGC PR66+ Ultra Cameo is available at the Stack's Bowers Galleries Rarities Night Auction in Baltimore, Maryland, October 25, 2018
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Another high-end rarity that will certainly interest Registry collectors is the 1907 S $10 Gold in PCGS MS66+ with the CAC sticker. This is the highest certified coin of this date that has the CAC approval, and the current CAC value is listed at $44,600. However, when you combine the + rating with CAC approval, bidders will predictably pay stronger premiums. Below are some of the other potential highlights from the Baltimore Stack's Bowers Sale.


1907 S $10 Gold PCGS MS66+ CAC is available at the Stack's Bowers Galleries Rarities Night Auction in Baltimore, Maryland, October 25, 2018
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| Date/Denomination | Grade | Current Market |
| 1840 Large Cent | PCGS MS65 RD | $9,650 |
| 1913 Buffalo Nickel TII | PCGS PR68 | $15,500 |
| 1800 Half Dime Draped Bust | NGC MS65 | $36,750 |
| 1916 D Mercury Dime | PCGS MS66+ CAC | $52,750 |
| 1807 Draped Bust Quarter | PCGS MS64 | $28,250 |
| 1859 O Seated Dollar | PCGS MS65 | $33,250 |
| 1892 S Morgan Dollar | PCGS MS61 | $41,500 |
| 1911 $2 ½ Gold Indian | NGC PR67 | $43,750 |
| 1879 $3 Gold | NGC PR65 UCAM | $42,500 |
| 1813 $5 Gold Capped Bust | PCGS MS64+ CAC | $42,500 |
| 1907 S $10 Gold | PCGS MS66+ CAC | $28,500 |
| 1871 CC $20 Gold | PCGS XF40 | $32,500 |
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The latest HD Wholesale Market Dealer Price Guide contains a long list of increases for Bust Half Dollars. Many are for high grades that are typically not seen very often. The 1807 Large Stars in MS65 is now up to $115,000 Market and the 1815/2 in MS64 is higher at $47,500. Also advancing is the 1809 III Edge in MS65 to $29,500, while the 1836 Reeded Edge in MS64 jumped to $28,500.

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