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NumisMedia Weekly
NumisMedia Weekly Market Report


Current News and Analysis of the

United States Rare Coin Market




February 4, 2008

Demand Strong in Most Series


áááááThis year has begun with a separation of rarity (mintage and/or quality) away from common material. Most collectors are continuing to advance their skills, looking for more important features such as date and grade. They are not just trying to add more coins to an accumulation; these collectors want specific coins and we are seeing advances to FMV prices accordingly.

áááááThere are many positive areas in the market. U.S. Gold remains very active, even with the common dates moving in tandem with bullion. Early Buffalo Nickels, Mercury Dimes and especially Standing Liberty Quarters are steady to higher in MS63 and upper grades. Early Seated material remains very popular, while the scarce dates are becoming more difficult to locate.

áááááGold and Silver were being hammered early this morning as sellers seem to be taking profits from the last few weeks, however, they are recovering somewhat. Platinum is higher by $35, now at $1791. Gold fell to $896.50 this morning and Silver to $16.57.





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