|
NumisMedia Weekly Market Report
January 23, 2012
Market Showing Improvement
Since the first of the year metal prices have been on the rise and demand has increased from a somewhat quiet December. Silver bags are now trading among dealers at $23,000 and Very Good Silver Dollars are $28,000 per thousand coin bag. Proof Silver Eagles with original boxes are $67 and Proof Gold Eagles are $1,750 per ounce. With the Long Beach Convention a little over a week away, it should be a good barometer of the overall market for the weeks to follow.
Demand has been strong for low-pop rarities and, when these appear in major auctions, like the Heritage FUN Auction, you can be sure that there will be brisk bidding activity. If you look at this week's LD Wholesale Market Dealer Price Guide, you will find numerous changes to Large Cents. Several of the rare issues advanced in grades AU50 and higher. For example, the 1793 Wreath Cent, Vine and Bars, moved higher in most grades from AU50 through MS63. The MS62 is now listed at $47,500 and the MS63 is $54,500.
Seated Coins, especially Dimes and Quarters are showing higher Market prices for the low-pop better dates. Buyers will be very aggressive when these coins become available and are problem free for the grade. The 1863 S Seated Dime in MS64 increased to $12,250 and the 1872 CC in XF jumped to $8,350. Collectors for Seated Quarters have been very lucky this month as numerous rare dates came to market. This week's chart has a long list of increases. The rare 1859 S is higher in all AU grades. The AU53 is now at $17,250 and the AU58 is $39,500. NGC has graded none in Mint State. The 1865 S is a date that is only occasionally encountered in Mint State. The MS62 and MS63 moved up this week to $3,850 and $4,450, respectively.
|
|
|
|
|
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.
|
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.
|
|
|