NostoNews, July 1, 2004
by Tommy Jasmin
The values, they are a changin'
July marks the start of the third quarter for 2004, and with it comes another pricing update. This time around, I thought we'd simply highlight a few specific items and trends in each category. As always, log in and see how your collection values have changed with the current market.
On average, this past quarter saw proof value changes as follows:
Why the drop at the very top? This is driven largely by the cooling off of prices realized for Statehood quarters. Remember, as David Albanese touches on in this month's market report, while these are great coins to collect, they are plentiful in supply. So don't pay a premium for them; they can be had for a reasonable price. Here is an example, courtesy of Heritage Galleries:
Coin on left: Sold by Heritage Galleries, Feb 2003 for $31.00
Coin on right: Sold by Heritage Galleries, May 2004 for $11.00
On average, true NM copies continue to bring premium prices, regardless of the era. Silver age is hot, and high grade Spideys are leading the pack with interest strong due to the new movie. As a side note, our current sweepstakes prize is a stunning NM/MINT 9.8 Amazing Spider-Man 198, thanks to our friends at Comic Grading Group.
Here's a nice example, a gorgeous ASM 56, again courtesy of Heritage Galleries. This book sold in their recent Signature auction for $414.00. The current Nostomania.com value? Nearly dead-on, at $436.00! This price is up 16% from $374.00 last quarter. The Overstreet guide doesn't list NM prices any more, but gives a NM- value of $150.00. Who's your best source for accurate pricing? Right here.
Amazing Spider-Man 56, CGC NM 9.4
Don't forget, all you have to do is create a single Collection, Wantlist, or Salelist item during the appropriate month to qualify for our sweepstakes. Why not take a look and see what we're giving away (and gave away last month), free as always.
Thanks, we'll see you all next month.
Visit our NostoNews Archive.