|
NumisMedia Weekly Market Report
Gold Advances in Time for Long Beach
June 6, 2016
Last week ended with the metals on the rise, rather substantially, and everyone is hopeful that this trend continues throughout this week's Long Beach Expo, open on Wednesday for dealers and Thursday for collectors. Gold is currently at $1,245.50 and Silver is $16.45. Bags of circulated Silver Dollars wholesale for $23,850 as long as they are VG and better. Ninety percent Silver bags are trading at $12,410.
Heritage Auctions will host the Long Beach Sale with several rarities looking for new homes. For the advanced collector looking for an affordable rare coin, there is a 1794 Flowing Hair Dollar in NGC VG10; this coin has an FMV of $109,380 in VG8. This was the first year of regular issue silver coins to be produced at the U.S. Mint. Below are some of the other potential highlights of this Heritage sale.
1794 Flowing Hair Dollar NGC VG10 is available at the Heritage Auctions Long Beach U.S. Coins Signature Auction in Long Beach, California, June 8-12, 2016
|
Date/Denomination |
Grade | Current
Market |
| 1793 Wreath Cent Vine & Bars | NGC AU58 | $34,500 |
| 1795 Flowing Hair Half Dime | NGC MS65 | $41,500 |
| 1806/5 Heraldic Quarter | PCGS MS64+ CAC | $40,500 |
| 1820 Capped Bust Quarter | PCGS PR64 CAC | N/A |
| 1822 Capped Bust Quarter 25 over 50c | PCGS MS65 | $135,000 |
| 1926 D Standing Liberty Quarter | NGC MS65 CAC | $16,000 |
| 1797 Draped Bust Half | NGC G6 CAC | $31,850 |
| 1921 S Walking Liberty Half | NGC MS66 | $175,000 |
| 1852 Seated Dollar | NGC PR66 | N/A |
| 1895 O Morgan Dollar | NGC MS65+ CAC | $160,000 |
| 1804 $2 ½ Gold 13 Star Rev | PCGS AU50 | $110,000 |
| 1876 $10 Gold | PCGS AU58 CAC | $41,500 |
| 1856 O $20 Gold | PCGS AU55 | $380,000 |
| 1915 S $50 Gold Pan-Pac Octagonal | NGC MS63 | $78,500 |
|
The overall market continues to correct with lower prices in most series. However, there are still enough increases for specific coins to encourage buyers and sellers. The 1909 S Lincoln Cent in MS66 Red has a higher Market this week at $2,575 and the 1909 S VDB in MS65 Brown is up to $2,275. The S VDB is a date that is rather plentiful in the marketplace in MS64 and lower grades; higher grades are more difficult to find at reasonable price levels. High grade coins in full Red are not easy to locate and typically require premiums to attract sellers. The 1912 D Red in MS66 is a prime example and has jumped to $8,125 Market.
Now that abundant supplies of the 2016 Mercury Dime Gold coin have hit the market, prices have begun to settle. Coins in the original government packaging are trading at $225 to $235; the SP70's are right around the $275 mark. Dealers are anticipating that this market will get a second shot of momentum once the 2016 Standing Liberty Quarter Gold coin is available later in the year.
|
|
|
|
|
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.
|
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.
|
|
|
![[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)
