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NumisMedia Weekly
NumisMedia Weekly Market Report

Current News and Analysis of the

United States Rare Coin Market

February 12, 2007

Market Spirited for Specific Series

Market trading indicates that Seated Dollars are very active. Properly graded coins will command well above previous levels and normal dealer wholesale bids do not entice sellers. This is definitely a seller’s market for coins that fit the grade.

As we reported last week, the $5 and $10 Gold Indians are moving higher as market makers raise their buy prices. We have seen many issues trading at 5% - 10% higher over the last week. Most active are the MS62 to MS64 issues; mainly because these are the grades readily available.

The metals were getting hammered this morning as sellers seem to be taking profits from the last few weeks. However, they are still higher than they were last week at this time. Gold fell to $662.80 this morning and Silver to $13.60; Platinum was off at $1186.

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NumisMedia Weekly Archive
Current News and Analysis of the U.S.
Rare Coin Market