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NumisMedia Weekly
NumisMedia Weekly Market Report


Current News and Analysis of the

United States Rare Coin Market




March 26, 2007

New Products Slow Rare Coin Market


     It appears that the new mint products are having an objectionable influence on today’s rare coin market. More dealers are concentrating on these latest bullion coins and the public is spending millions of dollars on them. The overall result is that fewer numismatic coins are trading right now and it is beginning to show up in the FMV.

     The Baltimore Coin and Currency Convention displayed just how difficult this market has become. There are not enough new collections coming onto the market to be disbursed among active wholesalers. Without fresh material dealers wind up trading the same coins they have had for awhile, which only occurs when they discount them. Major auctions continue to realize tremendous prices realized and rare coins attract very competitive bidding. Yet, the more common coins are not easy sellers.

     This week’s Wholesale Market Price Guide shows strength in Seated Coinage where we find many increases in Half Dimes and Half Dollars. Dimes and Quarters are also being sought and we will continue to monitor these areas and update them as information is available. Due to the limited numbers of Seated Coins available in the market, many dealers feel this is an area that can blossom in the future. If you look at the Census Reports by grade, you will find that some of the more common coins are not readily available.

     The metals appear stronger as the week begins with Gold at $661.30 and Silver rising to $13.29. Platinum has increased $7 at this moment to $1233.







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NumisMedia Weekly Archive
Current News and Analysis of the U.S.
Rare Coin Market