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NumisMedia Weekly Market Report
November 2, 2009
Demand Increases for Modern Gold
The week begins with the metals advancing sharply. After last week's decline, buyers took advantage of lower prices and created the current demand. The 2009 Buffalo one-ounce gold is on the market and buyers are adding this coin to their portfolios. Current wholesale is $1,095 to $1,100.
Many dealers have been offering old inventory at discounted levels in order to improve their cash positions. This drives prices to lower levels, especially for coins where availability is plentiful. This week, the HD Wholesale Market Dealer Price Guide exhibits declines in most series. Common Bust Halves were very strong last year and AU58s were easy sellers at $650 to $700 wholesale. Today, the Market has fallen to $500 and they are easy to find in most inventories. In order for these coins to trade now they need to have premium eye appeal. Barber Halves are mixed with increases in several dates in MS63 and lower. Declines are more prevalent in MS64 and 65. The wholesale Market for the MS65 is $2,400. However, we do not see dates falling into the common category anymore. Many of the so-called common dates from years ago have lower populations so they will command a premium above the common market.
The U.S. Gold charts are lackluster despite the fact that Gold remains well above $1,000 an ounce. Premiums have fallen for the more common issues because there are more supplies available at this time. Most dealers are selling modern bullion coins to their customers rather than the older coins. The Market for the $2 ½ Gold Liberty has drifted down to $2,100 in MS65 and the $2 ½ Indian fell to $3,100 this week. Twenties are still very active with VFs trading at $1,208 up to $1,280 in AU58. The 1891 and 1892 Twenty Liberty advanced in several grades because of recent trades. These are both very tough coins to find in original condition.
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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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![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_2.gif)
