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NumisMedia Weekly
NumisMedia Weekly Market Report


Current News and Analysis of the

United States Rare Coin Market




January 5, 2009

Dealers Preparing For FUN


     Dealers are getting themselves and their inventory ready to head for Orlando to attend the FUN Convention this week. After a somewhat quiet December, the wholesale teletype systems are very active today with dealers looking for specific coins or volume deals. Modern Bullion coins are still hot with many dealers looking to fill customer wantlists. Supplies remain thin and premiums are steady.

     There are various cyclic changes throughout this week’s LD Wholesale Market Dealer Price Guide. Many dealers had withdrawn or lowered their bids over the last few weeks, but there have been only a few severe declines as a result of actual sales. Half Cents, Large Cents, Indian and Lincoln Cents have fared well during this quiet market. Most issues have remained unchanged with the majority of adjustments moving slightly higher. The Lincoln series contains numerous increases for MS66 and MS67 issues dated from 1909 to 1918. These top grade coins are extremely attractive to avid collectors.

     Bust Dimes and Seated Dimes are still attracting attention for most Mint State grades, while MS65 and higher indicate some increases. Type prices for Barber Dimes in MS65 and MS66 fell to $510 and $950 Market due to discounted sales of a few dates. Dealers expect the Wholesale Market for Bust and Seated Quarters to remain stable at FUN because of the lack of accurately graded supplies in the marketplace. This time next week we should have a better gauge of where dealers think the market is headed.





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