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NumisMedia Weekly
NumisMedia Weekly Market Report


Current News and Analysis of the

United States Rare Coin Market




September 17, 2007

Metals Higher, Long Beach Nears


áááááGold and Silver are markedly higher this morning and rightly so. Concerns with the economy continue to cause investors to rethink venues for their money. This may prove even more beneficial for the coin business.

áááááThe Long Beach Expo begins next Wednesday for dealers and is open to collectors on Thursday. A large crowd is expected and dealers anticipate above average sales. There are major auctions prior to the show including the official show auction the Heritage Signature Sale.

áááááThe Wholesale Dealer Price Guide exhibits a large round of increases especially in the modern bullion coins. Even though dealers increased their prices for many of these high grade specimens, it seems like collectors are participating less in this market and shifting back toward earlier rare coinage.





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