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NumisMedia Weekly
NumisMedia Weekly Market Report

Current News and Analysis of the

United States Rare Coin Market

April 4, 2011

Demand Spreads to Neglected Series

áááááDealers reported that the Whitman Baltimore Coin Expo was one of the best shows of the last couple of years. We did not hear any negative news, quite unusual for any show, no matter how successful. Dealers were quite satisfied with wholesale business as well as a tremendous amount of retail from the public. With metals higher as the week begins, this should be a very active week.

áááááWe are beginning to see a lot more advances for Market prices in most series from early 1800 to 1900. Buyers are being very specific as to date and grade and coins cannot have obvious problems or the potential buyer will not pay current levels. In this week's LD Wholesale Market Dealer Price Guide Flying Eagle Cents show several increases in MS64 and 65. This includes the 1857 in MS65, now at $2,750 Market. The 1856 in PR64 has advanced to $16,750. Indian and Lincoln Cents are also receiving some attention. It looks like just about any of the better dates in 64 and higher will command current levels with numerous dates on the rise. Buyers are focusing on Red and Brown coins that have lots of Red and seem reasonable compared to the price of a full Red coin.

áááááRare date Seated Quarters are very difficult to locate at current prices. Nearly every coin that comes up for auction will require a premium bid as long as it is properly graded. The 1872 S in XF through MS62 is higher this week, with the MS62 now at $12,500. The popular 1916 Standing Liberty Quarter moved higher this week in MS63 FH to $15,250 and MS65 FH to $27,500. We are finally seeing some positive news in Buffalo Nickels and Mercury Dimes. There are several increases in the teens for Buffalo Nickels, mostly in grades MS64 and higher. Full Band Mercury Dimes are showing advances in MS64 and higher. The 1942/41 in MS65 FB is now at $37,500 and the 1942/41 D in MS64 FB is $8,450.

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NumisMedia Weekly Archive

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