NumisMedia Weekly Market Report
Current News and Analysis of the
United States Rare Coin Market
Dollars are Hot as Long Beach Begins
January 27, 2014
The year began with a profitable FUN Show for most dealers and the anticipation of a continued strong coin market should help this week’s Long Beach Expo. Even though some expensive coins sold below previous levels, it is obvious that advanced collectors and investors are pursuing high value rarities. Just the fact that these coins are in demand is a major development compared to the market 30 years ago. The number of buyers who can afford these rarities has increased tremendously over the years and at any major show you are likely to see many coins sell in the $50,000+ range.
The 50th Anniversary of
the Long Beach Expo
January 30 - February 1, 2014
Morgan and Peace Dollars are very strong with buyers in all grades. The current price charts show numerous increases especially for MS63 and higher grades. The following list contains dates and grades with the new higher Market price.
|Morgan Dollars||Grade||Current Market|
|1878 7/8 Strong||MS63||$265|
|1878 CC ||MS63||$425|
|1899 S ||MS63||$435|
Recent price updates in the NumisMedia 500 has revealed many substantial increases over the past 30 days. The 1826 $5 Gold has increased 27.27% in MS66, now up to $350,000 Market. The 1964 Kennedy Half Dollar with Accented Hair is markedly higher in PR66 through PR68. The Cameo PR68 is up 20% at $900. Listed below are some other rarities with generous advances.
|Date/Denomination||Grade||Current Market||% Increase|
|1951 Roosevelt Dime||PR68 DCam||$8,500||21.43%|
|1881 $20 Gold||AU58||$51,500||21.18%|
|1863 $3 Gold||MS68||$96,500||18.4%|
|1894 $10 Gold||PR65||$48,500||16.87%|
|1821 Large Cent||MS63||$11,250||16.58%|
|1855 O $20 Gold||MS61||$102,500||15.82%|
|1870 S Seated Dime||MS66||$14,250||14%|
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Current News and Analysis of the U.S.
Rare Coin Market