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NumisMedia Weekly Market Report
May 21, 2012
Dealers Anticipate a Busy Long Beach
The metals have responded to upward pressure over the last few days and buyers have reacted by jumping back into the market. Dealers reported that sales have increased for all products including generic Classic Gold coins. Two months ago the premiums on U.S. Gold coins was extremely low and inventories were high. Since that time many buyers have taken advantage of the low risk opportunities to buy collector gold to add to their holding of modern gold. As the inventories have begun to dry up somewhat the premiums have expanded in the last few weeks.
With the Long Beach Expo coming up just after Memorial Day next week, dealers are hopeful that the show will buck the usual trend and metals will be more positive. Rarities seem to be very active lately while common coins with high populations and availability require discounts to move. Collectors and dealers are looking for high-grade low pop coins that have positive eye appeal. We have seen this at the major auctions recently; coins that fit the bill will receive lots of attention. It makes it awfully easy to sell these rarities when they have a CAC label.
The metals are dramatically lower in this week's Moderns Wholesale Market Dealer Price Guide than the last issue. The results can be seen in everything from the Eagles, to Modern Commemoratives, $5 and $10, and Buffalo Gold. Modern $5 Gold Commems are wholesaling at $395 in MS69 and the MS69 $10 Gold Olympic coins as well as the 2007 Spouse Gold are trading at $790. Buffalo Gold remains one of the more sought after series of modern coins and dealers are maintaining strong buy prices for them. In addition, the 1995 W Silver Eagle in PR69 has increased to $2,850 Market. Available supplies are very thin at this time.
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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.
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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.
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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.
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![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_2.gif)
