NumisMedia

NumisMedia Article Archives

Informative and educational articles from some of the hobby's leading numismatists

NUMISMEDIA IS SPONSORED BY

Intercept Shield

Back to the NumisMedia Home Page



NumisMedia Weekly
NumisMedia Weekly Market Report


Current News and Analysis of the

United States Rare Coin Market




April 16, 2007

Bullion Advances Quickly


     This past week has brought a sharp increase in many U.S. Bullion related coins. Not only have the modern issues moved higher but the older U. S. Gold coins have increased as well. The premiums continue to be at very advantageous levels if you are considering purchasing common $5, $10, and $20 gold coins. There is still a large supply of coins in the marketplace forcing the premiums to remain at all time lows.

     The shift in buying habits of today’s numismatists has created various value inequities for the NumisMedia FMV. This occurred because many new buyers are more interested in bullion coins as they venture into numismatics. The longer novice collectors participate in this market the more likely they will move into other areas. When they do, the older classic coins will once again move in a normal cyclical behavior.

     This week’s Wholesale Market Dealer Price Guide for Moderns indicates a vast number of increases for the majority of modern issue coins. There is a lot of activity with buyers stocking up before prices move even higher. The metals jumped this past week with Gold advancing to $691.40 this morning. It is quickly approaching last year’s high of $725 in May. Silver surpassed the $14 mark at $14.03 and Platinum is $1288.







Go to the Weekly Market Report Archive









Search NumisMedia

Keyword search all of our past and present numismatic articles

Custom Search





Specials for NumisMedia Price Guides


Brought to you by

E-mail questions & comments to info@numismedia.com
Copyright © 2017 Numismatic Interactive Network, LLC
All Rights Reserved. Terms of Use - About Us - Help Center





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