NumisMedia

NumisMedia Article Archives

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

NUMISMEDIA IS SPONSORED BY
NumisMedia Price Guides

BackátoátheáNumisMediaáHomeáPage



NumisMedia Weekly
NumisMedia Weekly Market Report


Current News and Analysis of the

United States Rare Coin Market




October 11, 2010

Gold, Silver Press Onward


áááááDealers are reporting constant activity with the metals driving to new highs on a weekly basis. The Teletype systems have remained busy with dealers buying and selling at a fervent pace, trying to keep up with the multitude of metal related transactions. One day they may be buying more than they sell and the next day the trend reverses. Most of the shows, even the smaller ones, are reporting lots of bullion related sales throughout.

áááááIn this week's Moderns Wholesale Market Dealer Price Guide, there are sweeping advances in the bullion charts. From MS60 through MS69 and many of the 70's are all rising with the prices of Gold, Silver, and Platinum. In some cases, the prices of the 69 grade have forced an increase in the prices of the 70 grades even though we have not seen many of the 70's trade. With Gold moving so fast, owners of coins in the 70 grades should look at the population reports to see how many have been certified in the grade. If there is a high number certified in 70, then it is likely the value will closely follow the price of the metal. This is even truer with the 69 grade. MS69 Gold Eagles are up to a Market minimum of $1,360 now, and the $25 Gold Eagle is at $680. There is still a lot of interest in the better date $25 Gold eagles, with the 1990 advancing to $1,375 in MS69 and the 1991 up to $2,000 in the same grade.

áááááModern Buffalo Gold is still very strong with the 2008 issues well above bullion levels. The fractional coins are not readily available and, when they are offered on Teletype, they usually sell rather quickly. The 2008 W $50 Gold in PR70 Deep Cameo is wholesaling at $3,400. The Spouse $10 Gold is also advancing, and the 2008 issues all command premiums in 69 and 70. The 2009 W $10 J. Tyler in MS69 is now up to $1,050 wholesale and the MS70 is $1,250. The PR70 is trading at $1,150. While Gold has increased, the premiums for the 2009 UHR have fallen somewhat. There seems to be quite a few MS69 coins available in the market.





Go to the Weekly Market Report Archive









Search NumisMedia

Keyword search all of our past and present numismaticáarticles

Custom Search





 

**Online Access Special**

 

NumisMedia is currently offering a special first-time subscriber rate. 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 Online Access Dealer Price Guides


 

1 Month - Online Access

to the Wholesale Market
Dealer Price Guides

 

$15.00

 


 

* 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.

 

 

Subscribe at:
http://www.numismedia.com/coinprices/onlineaccess.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 ę 2017 Numismatic Interactive Network, LLC
All Rights Reserved. Terms of Use - About Us - Help Center








NumisMedia

Weekly

MarketáReport

Archive


NumisMedia Weekly Archive

Current News and Analysis of the U.S.
Rare CoináMarket