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Type coins present a mixed picture

There is a very mixed market in U.S. type coin gold, with many of the small-size coins increasing and the larger coins flat or slightly lower. The proof gold and silver Eagle market has softened slightly at about 95-percent of previous levels.

This article was originally printed in the latest issue of Numismatic News.
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There is a very mixed market in U.S. type coin gold, with many of the small-size coins increasing and the larger coins flat or slightly lower. The proof gold and silver Eagle market has softened slightly at about 95-percent of previous levels.

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Scarce to rare date U.S. gold is quiet with the exception of the 1911-D quarter eagle, which has been steady in price but active with at least six coins sold in the last two weeks that I know of firsthand.

Late date BU Lincoln cent rolls are moving up due to strong promotional demand from continuity programs of the 100-year sets. The 1914-D in VF is actively sought and the 1922 plain has softened in AU by nearly 10 percent, which could simply be one unattractive coin unable to find a home. That is often the case on such a rare item especially in the summer when some dealers may be trying to raise cash.

All but the three most common two-cent pieces are avidly sought in MS-64-65 grades, while Type 2 three-cent silvers are weaker and the 20-cent pieces are stronger in the same grades. The proof-only 1877 coinage is strong in higher grades with much activity on the buy side, but apparently no sellers. In the Liberty nickel series the rare 1912-S has softened in gem grades. In Buffaloes the 1913-S Type 2 and the usually popular three-legged is under pressure in mid-circulated grades.

Common date Barber BU material remains in good demand, but the 1901-S quarter in G-4 is down 10 percent and the 1913-S five percent.

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