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NumisMedia Weekly Market Report
April 7, 2008
Metals Stabilize; Move Higher
After a major correction in the metals this past week, the momentum has reversed and has begun to climb back upward. Buyers seized this opportunity and fresh demand forced prices to surge higher in the last few days. This morning, Gold is up over $12.00 at $926.00 and Silver is up nearly $.40 at $18.13. Platinum is above $2000 again, now at $2034. All prices are reported as of 9:57 am PDT.
Dealers do not see any let up in demand for collector coins. Nearly every series in the Lower Denomination Wholesale Price Guide displays advances this week. But what is most interesting is that most steady issues are still in strong demand. Buffalo Nickels, Mercury Dimes, Standing Liberty Quarters, are all very active at shows and auctions. Dealers know they must be very aggressive when these coins become available in the market.
The dealer teletypes continue to show an extreme amount of buying and selling activity. Nice coins, rare coins, they do not last long in inventory. In this seller's market you might expect dealers to hold out for the last buck. Surprisingly, dealers are not being greedy. Most are adding a reasonable profit and moving on to the next deal. By doing so, collectors are satisfied that they are in a legitimate two-way market.
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NumisMedia Weekly
Dealer Price Guides
Weekly and Online Wholesale Prices
NumisMedia presents Wholesale Dealer Prices representing dealer trading levels for properly graded sight-seen coins.
Subscribers to the Dealer Price Guides will receive our Weekly Wholesale Market Dealer Price Guides and access to all of our Online and Mobile Price Guides: Market, FMV, PCGS, NGC, CAC, & Plus +.
Our Weekly NumisMedia Wholesale Market Dealer Price Guide package of 52 issues a year includes:
The Classic HD has grades from Fine through MS68 in every U.S. series in the higher denominations: Halves, Dollars, Gold, and Commemoratives.
The Classic LD has grades from Fine through MS68 in every U.S. series in the lower denominations: Half Cents through Quarters.
The Moderns Edition has grades from AU50 through MS70 in every Modern series.
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NumisMedia Weekly Extra
Weekly PDF Publication
Now included for all NumisMedia Dealer Subscribers and Members, the NumisMedia Weekly Extra Wholesale Dealer Prices, in PDF format only.
This comprehensive look into the coin market is our most complete publication yet, and it's got everything dealers have been asking for.
This easiest way to get your copy of the new Weekly Extra is with an Online-Only Dealer Subscription, for as little as $20/month.
All NumisMedia Dealer Subscribers and Members will receive the Weekly Extra, in PDF format, every Wednesday, via email, or download from numismedia.com/extra after post.
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![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_2.gif)
