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NumisMedia Weekly Market Report
October 26, 2009
Metals Leading Market Activity
The metals are experiencing profit taking as the week begins. We are never really sure if these are times of opportunity or a potential trend. The feeling is that Gold is leading this market and the short-term direction should be to higher levels. The wholesale trading systems are still loaded with heavy buying volume. If there are bullion coins available in the market, there are certainly dealers ready to buy. There is no slow down in retail sales at this time.
The wholesale market for certified classic coins is mixed. Buyers are looking for bargains, but many are still willing to pay current levels for coins with exceptional eye appeal. As you can see from this week's LD Wholesale Market Dealer Price Guide, much of the adjustments are declines. The majority of changes are for the more common issues within a series. High population coins that sit in dealer inventories are creating the Market decreases.
Copper coins, Half Cents, Large Cents, Indian and Lincoln Cents, seem to be steady at current Market levels. As long as the coins are accurately graded and do not have a negative appearance, dealers will find collectors ready to compete. The 1795 Lettered Edge with Pole Half Cent has a few increases in specific grades this week due to new transactions monitored. In some cases, more important Half Cents and Large Cents do not trade too often so many of the trades are updates of old prices. Liberty Nickels seem to be attracting some new buyers because the prices for MS & PR 61 to 65 have drifted too low. Buyers are fussy and will not accept badly toned coins. The declines we have been reporting for Buffalo Nickels and Mercury Dimes appear to be subsiding somewhat. Only occasionally do we find discounts of the more common coins. Sellers feel that they have gotten too cheap at current prices.
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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)
