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NumisMedia Weekly Market Report
Market Activity Increases as Gold Advances
May 2, 2016
The Central States Convention was anything but typical as Gold advanced closer to the $1,300 mark and dealers reported an increase in bullion related sales. Also keeping dealers busy was the newly released 2016 Gold Mercury Dime, currently trading in the $250-$260 range for coins in the original government packaging. Certified coins have been priced around $290-$300 for the SP69 and as high as $350 for the SP70.
Certified 2016 Gold Mercury Dimes have been priced around $290-$300 for the SP69 and as high as $350 for the SP70.
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Another successful Heritage Auctions Sale as the official Central States Convention auction produced several highlights including the 1792 Disme in Silver commanding $998,750; this coin is certified as AU50 by PCGS and is the finest of three known. Another 1792 Disme, this one in Copper, brought $705,000 and it is graded SP64 Brown by PCGS.
Of the several non-traditional coins sold in this sale, the one that generated the most interest from buyers was the 1776 Continental CURRENCY Dollar; it realized $235,000 and is certified as PCGS MS65. Below are some of the many highlights from this sale.
Date/Denomination |
Grade | Price
Realized |
| 1793 Liberty Cap Half Cent | PCGS MS64 BN | $108,688 |
| 1793 Wreath Cent Vine & Bars | PCGS AU55 CAC | $37,600 |
| 1872 Two-Cent | PCGS MS66 Red | $52,875 |
| 1937 D Buffalo Nickel 3-Leg | NGC MS67 | $85,188 |
| 1794 Half Dime Flowing Hair | PCGS MS64 | $28,200 |
| 1844 Seated Dime | PCGS PR65 CAC | $38,188 |
| 1916 D Mercury Dime | PCGS MS65 FB | $41,125 |
| 1828 Bust Quarter | PCGS PR65 | $64,625 |
| 1844 Seated Quarter | PCGS PR65 CAC | $188,000 |
| 1916 Standing Liberty Quarter | PCGS MS66 FH | $48,175 |
| 1797 Half Dollar Draped Bust | PCGS F12 | $55,813 |
| 1807 Draped Bust Half Dollar | PCGS MS65+ CAC | $141,000 |
| 1855 Seated Dollar | NGC PR66 | $35,250 |
| 1884 S Morgan Dollar | PCGS MS63+ CAC | $76,375 |
| 1833 $2 ½ Gold | PCGS MS66 | $146,875 |
| 1858 $3 Gold | PCGS PR65+ Cameo CAC | $94,000 |
| 1907 $10 Gold Indian Wire Rim | PCGS MS65 | $64,625 |
| 1908 $10 Gold Indian | PCGS PR66+ CAC | $73,438 |
| 1866 S $20 Gold No Motto | PCGS MS61 | $152,750 |
| 1886 $20 Gold | NGC AU58 | $82,250 |
| 1915 S $50 Gold Pan Pac Octagonal | PCGS MS65 CAC | $205,625 |
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Now that the tax season is behind us, it looks like the coin market is trying to inch forward. There appears to be more activity and sales are slightly higher even though there are still some coins being discounted. In this week's HD Wholesale Market Dealer Price Guide there are many changes, especially in U.S. Gold. The lower denominations are not quite as strong as $10 Gold and $20 Gold, but if bullion continues to rise, all of the generics will follow. The current market for generics has most of the common dates at extremely favorable premiums compared to historic highs. With the market surging for modern Gold coins with low premiums, Classic common U.S. Gold should continue to see lower premiums as well.
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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 +.
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The Classic HD has grades from Fine through MS68 in every U.S. series in the higher denominations: Halves, Dollars, Gold, and Commemoratives.
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The Moderns Edition has grades from AU50 through MS70 in every Modern series.
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NumisMedia Weekly Extra
Weekly PDF Publication
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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.
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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)
