NumisMedia

NumisMedia Article Archives

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

NUMISMEDIA IS SPONSORED BY
NumisMedia Online Dealer Price Guides

BackátoátheáNumisMediaáHomeáPage



NumisMedia Weekly
NumisMedia Weekly Market Report


Current News and Analysis of the

United States Rare Coin Market




Holiday Market Even Slower Than Expected

December 5, 2016

áááááThe metals have continued to slip to new lower levels and confidence that this will reverse any time soon has wavered as well. Dealers are feeling the effects of lower prices as the ultimate buyer seems to be hesitating. Granted, most dealers are doing just enough buying and selling to maintain everyday business. The FUN Show, the first major event of 2017, will be a welcome relief for those in need of moving some inventory. This is always a heavily attended show and will certainly give us direction to where the market is headed for the upcoming year.

áááááDespite the lower prices, dealers are determined to buy and sell rare coins at current levels in hopes of stabilizing the price structure. One area that has been active is the Morgan Dollar market; common dates in MS63 through MS66 are steady at current Market prices. However, buyers have been somewhat selective looking for mostly white coins.

áááááGold is down around $1,172 and Silver is at $16.72; Platinum was down near the $900 mark last week but has recovered to $934 today. Buyers are uncertain if now is the time to buy or wait for prices to possibly drift even lower. In the latest Moderns Wholesale Market Dealer Price Guide, one ounce $50 Gold Eagles in MS69 are down to $1,205 Market and the PR69 has fallen to $1,415. This is the same level the Proof Gold Eagles trade in the OGP. Proof Silver Eagles are continuing to trade at $49-$50. Bags of 90% Silver are trading at $12,665 among dealers and VG+ Silver Dollars are down slightly to $23,675 per bag of one thousand.

áááááToo much available inventory is burdening the Washington Quarter market, and this week there is a long list of declines in MS65 to MS67 within the charts. The 1936 S in MS67 is down to $965 Market and the 1939 D in the same grade is lower at $440. There are many other declines down through the 1952 S, especially in MS66 & MS67. The Proof Washington Quarter chart shows less volatility this week with more increases than decreases. The 1938 PR66 is up to $230 Market and the 1956 Cameo PR69 is up to $280. Dealers are looking for Proof issues that have good eye appeal with no hazy surfaces.








Go to the Weekly Market Report Archive









Search NumisMedia

Keyword search all of our past and present numismaticáarticles

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 ę 2017 Numismatic Interactive Network, LLC
All Rights Reserved. Terms of Use - About Us - Help Center








NumisMedia

Weekly

MarketáReport

Archive


NumisMedia Weekly Archive

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








Best Kept Secret of Coin Dealers