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NumisMedia Weekly Market Report
June 23, 2008
Market Softens for Moderns
With the exception of the highest graded coins within a specific date, modern issues are finding a less than enthusiastic marketplace. There are many declines in this week's Wholesale Market Dealer Price Guide. The large supplies of the lower quality coins means discounts are needed in order to entice buyers. We are also finding some declines in the PR70 grades of modern issues, especially in Jefferson Nickels, Roosevelt Dimes, Washington Quarters, Kennedy Halves, and some Silver and Gold Eagles. The slow economy has definitely hurt this area of the coin market.
On a positive note, the low census highest graded issues continue to command strong prices. Registry collectors are so avid they are not about to let the economy spoil their collecting habits. Further, most of the collectors who purchase coins in this manner are not average consumers who are affected by today's economy. Early Proof Lincoln Cents, 1909 to 1916, remain very active at current wholesale levels. In fact, most of these coins continue to bring serious premiums when they are offered in auctions. Any of the grades from PR63 and higher in Brown or better will attract very aggressive bidding.
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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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