The collector and dealer community has two important West Coast auction sales to look forward to in the coming week. First up is Goldberg Coins & Collectibles holding a sale of U.S. and world coinage and currency from June 5th through the 8th in Beverly Hills. This auction features over 3,100 lots – 1,656 of which are U.S. coins and currency – and is led by a superior collection of gold coins from a “Prominent Midwestern Family.” This collection is being offered the evening of June 6th beginning with lot #1579 and while many of the 78 coins are worthy of mention, we will emphasize three for their importance. The 1866 With Motto $5 Liberty graded PCGS/CAC Proof-66 Deep Cameo, the incredible gem 1909-O $5 Indian, also with a CAC sticker, and the PCGS/CAC MS66 1933 $10 Indian which could very well be a seven figure coin.
The Heritage sale gets underway June 8th and runs through the 10th with a total of five floor sessions offering 2,586 lots. Another 1,767 lots will be sold in an online-only session on June 12th. Two condition rarities from popular series are amongst the highlights: an NGC MS66 1921-S Walking Liberty half and an NGC/CAC MS65+ 1895-O Morgan dollar. There is also a companion auction of a significant selection of tokens and medals to be held in Long Beach.
THIS WEEKS MARKET
This week we cover the June Monthly Supplement & Quarterly III editions, both published separately and included with the Greysheet subscription.
Gold Type: Market makers on bullion-related coins have retreated a bit as the spot metal show signs of weakness.
Modern Proof Platinum Eagles & Proof Gold Buffaloes: Despite dropping metal prices both of these areas are seeing stronger bids which nearly negated the spot losses.
Modern Dollars: Higher bids are seen for a handful of Presidential dollars dated 2013 and 2014 this week, and we have added additional listings for the 2015 issues.
20th Century Gold: Quite a few changes in this area with active bidding as demand increases for want list items.
2-cent thru Liberty Nickels: We have noted quite a bit of activity as key dates continue to do well in these collector series. Notable exceptions include proof-only Shield Nickels and gem key date V-Nickels, which see some market declines.
Circulated Mercury Dimes & Walkers: Quite a few gainers are noted this month. Specialists take note.
Early Gold Type: Prior to Pogue IV results, we’ve noted quite a few important price changes for early gold type as this market shows continued promise.
Franklin Halves: FBL Franklins are strong in this market with a number of gainers, especially for 1960’s issues.
Half Eagles & Eagles: We have fully reviewed both the $5 and $10 gold categories with thousands of price updates and a dozen new listings.
Double Eagles: Market activity for Liberty double eagles has been robust since the last QIII and this month we reflect many positive price changes. CC & O-mint gold is still hot with some weakness noted in Ty.3 S-mint double eagles
Source: CDN Publishing