NumisMedia

NumisMedia Article Archives

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

NUMISMEDIA IS SPONSORED BY
ICTA
CAC

Back to the NumisMedia Home Page



NumisMedia Weekly
NumisMedia Weekly Market Report


Current News and Analysis of the

United States Rare Coin Market




December 21, 2009

Happy Holidays!


     While the metals may be lower today, the overall market for bullion coins remains active. The dealer trading networks are alive with trades. It seems like whenever there is a seller of bullion coins, a buyer jumps right in and snatches the coins for their customers. With the lower prices of bullion, opportunities exist for collectors and investors to add to their holdings at discounted prices. It looks like the wholesale price of Proof Gold Eagles in the original packaging has retreated in the last few days. The wholesale market was over $2,100, but there are now sellers at under $2,000.

     It appears that collector coins in the Modern series (Lincoln Cents through Presidential Dollars) are not very active but prices are steady. We have found sporadic increases for specific coins in most series, especially the ultimate grade for a coin. There are still many Registry collectors looking for the best grades for their sets. Prices usually increase for those issues where the pops are very low. The early Proof Lincoln Cents are attracting buyers when they are offered for sale. We have higher Market prices for the 1910, 1913, and 1914 issues in various grades and color.

     Since the last Moderns Wholesale Market Dealer Price Guide, Gold has fallen about 6% so we have adjusted many of the Gold Eagles in MS69 and lower grades. Just about all of the $5 Gold Commems are lower with most serious buyers at $305 Market. This goes for both Mint State and Proof for the most common dates. The $10 Spouse Gold has also retreated in grades 69 and lower. Buffalo Gold remains very active although the common Mint State issues declined with the bullion market.







Go to the Weekly Market Report Archive









Search NumisMedia

Keyword search all of our past and present numismatic articles

Custom Search





Slide Shows


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