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NumisMedia Weekly Market Report
March 26, 2007
New Products Slow Rare Coin Market
It appears that the new mint products are having an objectionable influence on today's rare coin market. More dealers are concentrating on these latest bullion coins and the public is spending millions of dollars on them. The overall result is that fewer numismatic coins are trading right now and it is beginning to show up in the FMV.
The Baltimore Coin and Currency Convention displayed just how difficult this market has become. There are not enough new collections coming onto the market to be disbursed among active wholesalers. Without fresh material dealers wind up trading the same coins they have had for awhile, which only occurs when they discount them. Major auctions continue to realize tremendous prices realized and rare coins attract very competitive bidding. Yet, the more common coins are not easy sellers.
This week's Wholesale Market Price Guide shows strength in Seated Coinage where we find many increases in Half Dimes and Half Dollars. Dimes and Quarters are also being sought and we will continue to monitor these areas and update them as information is available. Due to the limited numbers of Seated Coins available in the market, many dealers feel this is an area that can blossom in the future. If you look at the Census Reports by grade, you will find that some of the more common coins are not readily available.
The metals appear stronger as the week begins with Gold at $661.30 and Silver rising to $13.29. Platinum has increased $7 at this moment to $1233.
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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.
This comprehensive look into the coin market is our most complete publication yet, and it's got everything dealers have been asking for.
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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