NumisMedia

NumisMedia Article Archives

Informative and educational articles from some of the hobby's leading numismatists

NUMISMEDIA IS SPONSORED BY
Intercept Shield

Back to the NumisMedia Home Page



NumisMedia Weekly
NumisMedia Weekly Market Report


Current News and Analysis of the

United States Rare Coin Market




November 2, 2009

Demand Increases for Modern Gold


     The week begins with the metals advancing sharply. After last week’s decline, buyers took advantage of lower prices and created the current demand. The 2009 Buffalo one-ounce gold is on the market and buyers are adding this coin to their portfolios. Current wholesale is $1,095 to $1,100.

     Many dealers have been offering old inventory at discounted levels in order to improve their cash positions. This drives prices to lower levels, especially for coins where availability is plentiful. This week, the HD Wholesale Market Dealer Price Guide exhibits declines in most series. Common Bust Halves were very strong last year and AU58s were easy sellers at $650 to $700 wholesale. Today, the Market has fallen to $500 and they are easy to find in most inventories. In order for these coins to trade now they need to have premium eye appeal. Barber Halves are mixed with increases in several dates in MS63 and lower. Declines are more prevalent in MS64 and 65. The wholesale Market for the MS65 is $2,400. However, we do not see dates falling into the common category anymore. Many of the so-called common dates from years ago have lower populations so they will command a premium above the common market.

     The U.S. Gold charts are lackluster despite the fact that Gold remains well above $1,000 an ounce. Premiums have fallen for the more common issues because there are more supplies available at this time. Most dealers are selling modern bullion coins to their customers rather than the older coins. The Market for the $2 ˝ Gold Liberty has drifted down to $2,100 in MS65 and the $2 ˝ Indian fell to $3,100 this week. Twenties are still very active with VFs trading at $1,208 up to $1,280 in AU58. The 1891 and 1892 Twenty Liberty advanced in several grades because of recent trades. These are both very tough coins to find in original condition.





Go to the Weekly Market Report Archive









Search NumisMedia

Keyword search all of our past and present numismatic articles

Custom Search





 

**Sample Pack + Online Access Special**

 

NumisMedia is currently offering a special rate for our sample pack plus one month access. The pricing information we report comes from all over the numismatic market, from reliable dealers known for their unbiased market knowledge. Dealer subscribers are a part of our numismatic community, responsible for assisting us in our never-ending pursuit to report real market prices.

NumisMedia Monthly and Weekly Price Guides


 

4 of the most recent issues and

1 Month - Online Access

to the Wholesale Market Dealer Price Guides

 

$20.00

 

 

* The NumisMedia Wholesale Market Dealer Price Guide - Classic HD has grades from Fine through MS68 in every U.S. series in the higher denominations (Half Dollars, Dollars, Gold, and Commemoratives) with the exception of the Modern coinage. 44 pages of price listings sent every third week

 

* The NumisMedia Wholesale Market Dealer Price Guide - Classic LD has grades from Fine through MS68 in every U.S. series in the lower denominations (Half Cents through Quarters) with the exception of the Modern coinage. 36 pages of price listings sent every third week

 

* The NumisMedia Wholesale Market Dealer Price Guide - Moderns has grades from AU50 through MS70 in every U.S. Modern series. 44 pages of price listings sent every third week

 

* Online Dealer Subscribers get access to ALL of our Online and Mobile Price Guides - Market, FMV, PCGS, NGC, CAC and Plus +.

 

* Dealer subscribers will receive the current password and user name for full access to the Online & Mobile Dealer Price Guides via email (usually within one working hour). A new monthly password and user name will be sent via E-News at the beginning of each month and can also be found on the back page of the weekly Dealer Price Guides.

 

 

Subscribe at:
http://www.numismedia.com/coinprices/index2os.shtml


See our other special subscription rates at:
http://www.numismedia.com/coinprices/special.shtml






Brought to you by

E-mail questions & comments to info@numismedia.com
Copyright © 2017 Numismatic Interactive Network, LLC
All Rights Reserved. Terms of Use - About Us - Help Center








NumisMedia

Weekly

Market Report

Archive


NumisMedia Weekly Archive

Current News and Analysis of the U.S.
Rare Coin Market