CDN This Week's Market

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THIS WEEK'S MARKET

CENTS THRU HALVES: Proof rolls of 2010-S Clad Kennedy Halves are needed at levels that are 10% higher, while Bid for 2012-S Silver issues increased by $10 a coin. 2012-S Silver Roosevelts jumped $50 a roll to $300 Bid.

MERCURY DIMES: There�s no apparent squeamishness among on-line Bidders competing for a beautifully brilliant 1942/1-D Merc, graded PCGS MS66FB+ CAC, as this example will likely realize a very strong price when the Long Beach sale concludes.

WALKING LIBERTY HALVES: Second issue year 1917-D Walking Liberty Halves with their anomalously placed obverse mint-marks can conjure up quite a bit of curiosity for both enthusiasts of this series as well as for beginners. Bids for these Halves in MS64 and MS65, along with those of their comparably graded P-Mint peers, are on the upswing in noteworthy fashion.

DOLLARS: The Silver Spot market doldrums no doubt had a draining effect on the Silver Dollar segment this week, particularly on the most Spot sensitive issues in Circulated grades. A few better-date CC-Mint cartwheels which include the 1884-CC, 1885-CC, and 1892-CC in MS63 and MS64 are receiving increased Bids. Mild advances are recorded for first year 1921 and key-date 1928 Peace Dollars in MS60.

PROOF SETS AND MINT SETS: Last week a dealer was looking for ten of the 1983 no �S� Proof Sets. Well, this week another dealer wants 20 sets at a higher Bid of $525. Both the 2009-S and 2010-S Silver Proof Sets are now lower at $55 Bid. Mint Sets are holding up strong this week with only positive signs to show.

COMMEMORATIVES: A widespread consciousness of the abundant supply of most Silver Commems is discouraging market participants from offering higher Bids, or even supporting Bids, for such issues as Antietam and Cincinnati Halves in MS65. Comparably graded Gettysburg Halves are again below $700, while York issues in MS66 have been reduced back down to just below their Bid level of late last October. Gold Commems are not much stronger with $2� Sesquicentennials in MS65 being lowered by $100.

TYPE: Last week, market-makers significantly increased their offers for both Large and Reduced Size Capped Bust Dimes, but only in Gem. Supplies may have proven thin, however, as Bids for these Dimes in MS63 and MS64, particularly those of the former variety, are now also being raised to lure more of them on to the market. Reduced Size Bust Quarters in MS60, which have been advancing steadily these past two years, gained another $200 this week, while Quarters of the Liberty Seated No Motto variety in MS64 and MS65, as well as same variety Halves of the latter grade, are all making moderate come-backs.

GOLD: Orders for select Gold Type in Mint State are on the rise despite Gold Spot�s less than robust performance insofar as its inability to close above the $1,400 per ounce level again. Scarcer material, such as Type II $20 Libs in MS64 through MS67, are being fervently pursued once more as they were in early April as market-makers persist in coaxing the only two or so known examples in the highest grade on to the market with a Bid increase of nearly 70% since then.

Reprinted from Issue No. 22 May 31, 2013 of the Coin Dealer Newsletter - the Greysheet
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