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NumisMedia Weekly Market Report
April 21, 2008
Queller 1804 Dollar Brings $3,737,500
Proving once again that rarity is key to numismatics, the Queller Family 1804 Bust Dollar sold for $3,737,500 in the Heritage Signature Sale at last week's Central States Convention. It is a Class I Original coin and certified by NGC as PR62. The market continues very strong for rarities such as this one, however, most potential sellers are not ready to part with them in this steadily rising market.
Central States was active for most dealers but the continuing theme was readily apparent; there are not enough nice coins available at current levels. The majority of sellers are somewhat like collectors, if they cannot replace their inventory with new quality coins, then they do not want to sell unless they receive premium prices. Average coins are still selling for average prices and some selected series are rising as demand increases.
The Moderns Wholesale Price Guide depicts a mixture of increases and decreases this week. Generic Gold and Silver bullion issues are generally lower, while generic Platinum issues are showing some increases. There are many increases throughout the Price Guide for 'Finest Known' coins which are continuing to attract Registry collectors.
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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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