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NumisMedia Weekly Market Report

November 5, 2007

Bullion Continues Climb


       The metals remain very strong with gold leading the way. Gold surpassed $800 on Friday and seems to be holding steady in morning trading. It is currently at $804.30 and Silver is down just a touch at $14.52. Platinum is higher at $1459. One of the interesting aspects of this current market is that many dealers offer under melt for modern bullion coins that grade less than MS or PR69. It seems that they are not convinced the market can maintain these levels.

       Dealers in rare coins are truly more confident in their market. They continue to make markets in their specialties and are willing to pay in advance of current wholesale levels when the right coins come along. There has been no let up in buying rare coins by collectors of all experience. Most astute collectors know they can buy coins now or probably pay more in the future; that is, if the coins are available.

       We have a massive amount of increases in this week's Wholesale Dealer Price Guide for Moderns. The majority of advances are due to the rise in bullion. However, even some of the highest graded issues in Jefferson Nickels, Roosevelt Dimes and Washington Quarters are receiving lots of attention by collectors of Registry Sets.


...get more news and analysis in the

NumisMedia Weekly Market Report Archive








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:

NumisMedia Weekly Wholesale Market Dealer Price Guides 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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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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