NumisMedia

NumisMedia Article Archives

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

NUMISMEDIA IS SPONSORED BY
Intercept Shield

Back to the NumisMedia Home Page



NumisMedia Weekly
NumisMedia Weekly Market Report


Current News and Analysis of the

United States Rare Coin Market




Birch Cent Brings $1,175,000 at Baltimore Sale

March 30, 2015

     Gold made a strong run last week to the $1,200 mark taking the other metals along for the ride. But this week may be another story as Gold has opened more than ten dollars down in morning trading. Gold is currently at $1,186 with Silver down to $16.78. The Teletypes are showing buyers for ninety percent Silver bags at $12,825 and VG Silver Dollars at $24,675. One ounce Proof Gold Eagles are trading at $1,346 in OGP while Proof Silver Eagles are $45. Make sure you check current prices of specific metals before confirming purchases as volatility is a strong possibility in this market.

     With weather improving in the Baltimore area, the Whitman Expo showed positive signs with better than expected attendance. Most dealers felt wholesale was decent and retail sales were simply a bonus. There is a lot of interest in properly graded Walkers especially in the XF to AU grades for 1916 through 1933. The same can be said for Standing Liberty Quarters as buyers are looking for the tough Mint Marked dates from 1916 to 1924.

     The Stack’s Bowers Galleries official auction contained some thrilling highlights including the 1792 Birch Cent, also known as the “First American Cent”. This coin is certified by PCGS as AU58 and also has CAC approval; it brought $1,175,000. The following list of highlights shows some aggressive buying for various rarities.

1884 S Morgan Dollar MS63+ PCGS CAC

1792 Birch Cent AU58 PCGS CAC sold for $1,175,000 in the Stack’s Bowers Galleries Auction at the Whitman Expo in Baltimore, Maryland, March 26-29, 2015

 
Date/Denomination
 
Grade
Price
Realized
1799 Large CentPCGS VF30 CAC$32,900
1856 Flying Eagle CentNGC PR65$28,200
1909 S VDB Lincoln CentPCGS MS66 Red CAC$12,338
1795 Flowing Hair Half DimePCGS MS65 CAC$58,750
1846 Seated Half DollarNGC PR63$14,100
1884 S Morgan DollarPCGS MS63+ CAC$99,875
1889 CC Morgan DollarPCGS MS62 P/L$35,250
1929 $5 Gold IndianPCGS MS64$49,938
1885 CC $20 GoldPCGS MS62$61,688
1891 CC $20 GoldPCGS MS61$41,125

     The majority of changes in this week’s HD Wholesale Market Dealer Price Guide occur in the U.S. Gold charts. $1 Gold and $2 ˝ Gold coins are mostly steady to higher in all grades, although the MS65 & MS66 $2 ˝’s are down with common dates at $1,130 and $1,280, respectively.

     Several Bust $5 Gold coins advanced as buyers are looking for eye appealing coins in various grades. The 1798 with Large 8, 13 Stars is higher in MS60 at $23,500 Market and the 1806 Round Top 6 is up in multiple grades with the MS63 now at $27,500. The extremely elusive AU55 & AU58 1861 D $5 Gold also advanced to $43,500 and $48,500. There are only 30 coins total certified in these two grades with only 15 in all Mint State grades; MS64 is the highest certified.








Go to the Weekly Market Report Archive









Search NumisMedia

Keyword search all of our past and present numismatic articles

Custom Search





 

**Sample Pack + Online Access Special**

 

NumisMedia is currently offering a special rate for our sample pack plus one month access. 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 Monthly and Weekly Price Guides


 

4 of the most recent issues and

1 Month - Online Access

to the Wholesale Market Dealer Price Guides

 

$20.00

 

 

* The NumisMedia Wholesale Market Dealer Price Guide - Classic HD has grades from Fine through MS68 in every U.S. series in the higher denominations (Half Dollars, Dollars, Gold, and Commemoratives) with the exception of the Modern coinage. 44 pages of price listings sent every third week

 

* The NumisMedia Wholesale Market Dealer Price Guide - Classic LD has grades from Fine through MS68 in every U.S. series in the lower denominations (Half Cents through Quarters) with the exception of the Modern coinage. 36 pages of price listings sent every third week

 

* The NumisMedia Wholesale Market Dealer Price Guide - Moderns has grades from AU50 through MS70 in every U.S. Modern series. 44 pages of price listings sent every third week

 

* Online 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 and can also be found on the back page of the weekly Dealer Price Guides.

 

 

Subscribe at:
http://www.numismedia.com/coinprices/index2os.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 © 2017 Numismatic Interactive Network, LLC
All Rights Reserved. Terms of Use - About Us - Help Center








NumisMedia

Weekly

Market Report

Archive


NumisMedia Weekly Archive

Current News and Analysis of the U.S.
Rare Coin Market








Best Kept Secret of Coin Dealers