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THIS WEEK'S MARKET
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CENTS THRU HALVES:
Buyers are still desperate to finagle a supply of early Copper rolls in anticipation of the redesigned Lincoln Cent for 2009 which is just around the corner. With Spot Silver on the rebound, the bullion sensitive denominations are rejoicing as all are getting a modest boost.
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MERCURY DIMES:
Anxious buyers are lining up for keys and semi-keys, seen making a dash for better dates in Circ with some premiums tendered for those well stuck frosty white Mint Staters.
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WALKING LIBERTY HALVES:
Walkers remain upbeat, holding on to all of their recent advances. There is just no letup for those charismatic 20 coins from the short-set which encompass all the nostalgic circulating WWII and post war entries in MS63-MS65.
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DOLLARS:
Morgan mayhem is back as volumes of generic Mint State cartwheels are being scarfed up faster than sliced gherkins at a New York deli. Demand has also escalated for select better dates as a tougher New Orleans quartet spices up the action with solid advances tackling the 1889, 1890, 1891, and 1892 MS65. The hard to come by when fully struck, 1891 Philly entry, also packs a wallop as Gems race to $5,500 Bid. DMPLs don’t disappoint as over 4 dozen mirrors advance. Peace Dollar strump up again as a San Francisco trio including 1923, 1924 and 1925 are making music in MS65 as the latter takes center stage with a $20K offer.
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PROOF SETS AND MINT SETS:
The majority of modern Proof Sets have remained silent on the Bidding front waiting for a spark to ignite. Although still quiet, supporting Bids are now firming up, visually surrounding most of these later issues. The same holds true for Mint Sets of the newer generation as the 2002 Set notches up to $13.25 Bid.
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COMMEMORATIVES:
Selective increases are finally propping up these appealing and historic issues as the 1900 Lafayette leads the comeback rolling to an impressive $15,500 Bid in MS66. Classic Gold retains the Midas factor as the key to the 11-piece ensemble, the 1905 Lewis & Clark, travels to $16,250 in Gem. The massive, always in demand and the only U.S. coin minted in octagonal format, the 1915S Pan-Pac slug is under pressure again in MS63 as a $70,500 Bid attempts to snare one.
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TYPE:
Talk about action, this is the epicenter, as voracious buyers are out in force looking to reel in eye appealing, fresh Type material to satisfy the hordes of ravenous collectors. The varied smorgasbord of Type on the rise includes another calculating Bidding blitz targeting Flowing, Draped and Capped Bust Silver in Circ through MS65. The Proof Type palette favors Silver too, as Ms. Liberty Seated in all denominations dominates the Bidding frenzy.
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GOLD:
The yellow metals’ support has strengthened since our last report as the golden express attempts to get back on track. Certainly dealers as well as the collecting public are necessarily on the cautious side before they get onboard. Double Eagles are the first passengers as Circs through Gem advance with Saints getting ticketed at $1,685 in MS65.
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Reprinted from the Issue No.15 April 11, 2008 of the Coin Dealer Newsletter -
the Greysheet
This article is copyrighted, may not be
reproduced without permission from CDN publications. ©2008 CDN Inc.
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©2008
CDN Inc.