|
NumisMedia Weekly Market Report
March 1, 2010
Coin Shows Keep Market Dynamic
The Whitman Baltimore Coin Expo begins on Wednesday for dealers, and many will be making their way to the area as early as today. Dealers remain very aggressive in their efforts to locate the coins they need for their customers. With the current focus on bullion coins, most shops are trying to fill these needs as quickly as possible. Dealers have been reporting that as much as 75% of their business lately has been for Gold, Silver, or Platinum coins. Granted, older U.S. generic Gold falls into this category as well, but it just shows how much influence the economy is having on the average American. Whether the metals are up or down, we all want the security of hard assets in today's climate.
Better date Seated coins are very difficult to locate in problem-free condition. It doesn't matter whether they grade Good or AU55, if a coin that collectors have not seen on the market for a long time shows up in a retail ad, you had better be quick to call. For example, the Market price for the 1865 Seated Dime in VF20 increased to $540 this week; there are only two coins certified by NGC and PCGS in this grade. Most of the trading information comes from Mint State coins. When we see minor problem graded coins of like rarities, because they are so few and far between, they will usually bring prices comparable to the current FMV as long as they are not totally damaged. Advanced collectors for these coins are very aggressive and know they may not get another shot at locating this specific date.
There are sporadic adjustments throughout this week's LD Wholesale Market Dealer Price Guide due to recent trading information. Most of the changes in Copper coins are upward. Many of the early Lincoln Cents, especially with mint marks, are very tough to find and are easy to sell. In addition, the higher the grade and the closer to full Red will push the premium on many of these coins.
|
|
|
|
|
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.
|
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.
|
|
|