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NumisMedia Weekly Market Report
October 29, 2007
Gold Approaches $800
Bullion is hot and all generic issues are advancing. In early commodity trading gold surpassed the $790 level on its way toward $800. It has since retreated to $787, but that is still up over $4.00 on the day. This has an extreme impact on all modern bullion issues. In this kind of market, most dealers are being very careful that they have a place to go with large bullion purchases because of the concern that prices could fall dramatically in a short period.
Although rising bullion prices may be receiving the bulk of media publicity, you can bet that rare coins are still trading at even higher levels. This week's Higher Denomination Wholesale Price Guide shows a variety of advances in several series. Bust Halves continue to show positive results of collector activity, along with some of the better dates in the Barber Half series.
Early U. S. Gold remains very strong at current levels with dealers and collectors still looking for new material. As long as coins have eye appeal for the grade with no distracting marks, buyers will purchase all that comes into the market. Highest graded Deep Mirror Proof Like Dollars are on the rise with several buyers trying to attract potential sellers. The problem here is that once you become a collector of these coins, it is difficult to let go of them at any price.
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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)
