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NumisMedia Weekly

Current News and Analysis
of the United States
Rare Coin Market


Copper Attracts Specialty Collectors

May 12, 2014

     Half Cents and Large Cents are showing more signs of strength over the last several months. These two series are generally always in demand. Many collectors are looking for a specific variety and coins with nice planchets. However, we monitor lots of sales for coins that may have problems with corrosion or excessive marks. Even these coins have buyers; and if they are a rare variety, there will be anxious buyers at very competitive levels. Since the last LD Wholesale Market Dealer Price Guide there have been numerous increases for coins that have traded in the marketplace. The following list shows some of the many coins that have increased in the last month.

Date/DenominationGradeCurrent Market
1793 Half CentAU58$39,500
1794 Half Cent Head RightMS62 BN$21,850
1794 Half Cent Head RightMS63 BN$43,500
1796 Half Cent with PoleAU55$98,500
1804 Pl. 4 StemlessMS64 BN$4,075
1805 Sm. 5 StemlessMS62 BN$1,875
1811 Half CentVF20$2,125
1835 Half CentMS64 Red$2,475
1793 Large Cent AmericaXF40$49,750
1793 Large Cent Vine & BarsMS65 BN$190,000
1794 Large Cent Head of 1795MS64 BN$26,500
1794 Large Cent Starred Rev.XF40$165,000
1798 Large Cent 2nd Hair StyleAU55$3,650
1807 Large Cent Lg. 7/6MS65 BN$52,500
1808 Large CentAU55$3,775
1814 Large Cent Pl. 4MS65 BN$23,500

     Indian Cents and early Lincoln Cents are also attracting a lot of attention. Red coins, especially the rare dates, are very difficult to acquire and the prices are typically above current levels because of the small quantities available. Where the collectors have been extremely vigilant of late is for the Red & Brown coins. In many cases, buyers feel that the coins they purchase have much more Red than there is Brown. This week the 1870 Indian Cent in MS65 RB is higher at $1,150 Market and the 1883 in the same grade is now at $400.

     In Lincoln Cents, the 1909 S in MS65 RB is up to $565, while the 1927 S in MS64 RB climbs to $400. By the way, there are still plenty of increases for the Red coins in both series.

     The metals continue to create havoc for those who are looking for higher prices. Last week was mostly down; but this morning prices have moved higher. Gold is back up to $1,295 and Silver is over $19.50. Buyers remain active for any and all metals at this time.









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