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NumisMedia Weekly
NumisMedia Weekly Market Report


Current News and Analysis of the

United States Rare Coin Market




September 10, 2012

Long Beach Proves Solid Market


áááááThe Long Beach Expo was much better than most dealers expected. The bourse room was full and the public turned out in large numbers. Dealer to dealer trading was active but not as good as some shows at this venue; probably because ANA was just a few weeks ago. The higher metals could have attracted some of the public but many dealers felt that buyers were already prepared to spend money. Actually, a few dealers thought the upward movement in metals hindered sales as buyers became hesitant with the higher costs.

áááááMany true rarities have increased in value as a result of the recent ANA auctions. With some of these rarities infrequently trading, prices have advanced dramatically. In this week's LD Wholesale Market Dealer Price Guide there are numerous coins that bear this out.

1796 with Pole Half Cent BN - MS64 - $300,000
1793 America Chain Cent - BN - MS66 - $525,000
1796 Large Cent BN - MS65 - $150,000
1796 6/5 Bust Half Dime - MS64 - $64,750
1798 Bust Dime - - MS64 - $33,750
1844 Seated Dime - MS65 - $30,750
1804 Bust Quarter - XF40 - $25,500
1916 Standing Quarter FH - MS67 - $98,500
1919 D Standing Quarter FH - MS67 - $115,000





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