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NumisMedia Weekly Market Report

August 4, 2008

Baltimore ANA Reveals Strength


       This past week's Baltimore ANA was a tremendous success for the majority of the attending dealers. Wholesale trading was much better than expected and the throngs of collectors attending were anxious to locate and buy coins they needed for their collections. This resulted in many dealers having one of their best shows in several months. High-end rarities (Early Bust and Seated coins) were the main attraction and competition was keen.

       Heritage Auction Galleries hosted the ANA Sale with prices realized of over $40 million. Highlights upon highlights brought records for numerous rarities. An 1825/4 $5 Gold in NGC AU50 realized $690,000; an 1803 Bust Dime brought $322,000 in NGC MS64; and a 1944 S Steel Cent in NGC MS66 sold for $373,750. To view all the highlights of this important sale please go to the Heritage website.

       Not all the news is good this week as the metals are headed lower. This week's Wholesale Market Dealer Price Guide for the Moderns indicates many declines in bullion related issues. Platinum is especially weak and is lower again today in open trading. In March, Platinum cruised to over $2,270; today it is under $1,550. Make sure you check current prices when buying or selling bullion coins.

       We have added more 2008 issues to the online price guides.

       Washington Quarters (MS and PR), Presidential Dollars, Modern Eagles, and Modern $10 and $50 Gold have new 2008 issues added, some prices are listed for active grades, more prices will be added when reported.

       These additions will appear in the Moderns Edition of the Weekly Dealer Price Guide this week.


...get more news and analysis in the

NumisMedia Weekly Market Report Archive








NumisMedia Weekly
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Weekly and Online Wholesale Prices


NumisMedia presents Wholesale Dealer Prices representing dealer trading levels for properly graded sight-seen coins.

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NumisMedia Weekly Wholesale Market Dealer Price Guides The Classic HD has grades from Fine through MS68 in every U.S. series in the higher denominations: Halves, Dollars, Gold, and Commemoratives.

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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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