Today's coins tomorrow's treasures
gumby1234
Posts: 5,591 ✭✭✭✭✭
Today's coins that most people don't even consider is tomorrow's treasure. Back 40 or 50 years ago you could buy Mercury dimes and buffalo nickels on the cheap. Just as today you can buy many modern coins on the cheap. Many reasonably priced like for instance a 1982 no P dime. I wonder what prices of these type of modern coins will be worth in the future. Every time I look in my 1975 Redbook I am amazed at how much coins have increased in price since then.
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Agreed. And howdy buddy. Been off toiling in the salt mine and just hit and run posting.
What I need is a crystal ball because, for example, I’m way long on burnished ase’s and with the current dang issue STILL available 🥲 I really don’t have a clue and my gut feeling ain’t much better 😉🦫🙀
🎶 shout shout, let it all out 🎶
Today's coins are not of the same quality or metal content.
Today's youth have other potential hobby distractions and do not collect like we did with coin folders/albums.
What is today's 1909S VDB?
Change money is considered an anathema by most since swiping a credit card with cash back is preferred.
While I know there is a thriving YN community on Instagram, I don't see modern coinage being a driver of the hobby.
"Got a flaming heart, can't get my fill"
2004 Wisconsin High Leaf and Low leaf Quarters
2005 Speared Bison Nickel
2008 Silver Eagle with 2007 Reverse
2020 Blind Bat Quarter
2021 Massive Die Break Shield Cent
etc ....
Even the youngest of us are unlikely to see today’s coins rise in value. Other than errors and mint mistakes. Mint sets from the 1990’s are worth face value if your coin shop will even fool with them.
The 1982 dime without MM isn't reasonably priced. It's a very common error selling for an inflated price.
Most Buffalo nickels or Mercury dimes sold for nominal prices then and most do now too, relative to the price level. Much of the price increase is due to generic factors in collecting, like TPG.
Key dates from earlier 20th century series weren't cheap in the 60's, not the ones which were actually key. Adjusted for price changes, some have increased but many others have lost value reaching peak preference decades ago.
Decades from now, I expect most 20th century US coinage to lose (noticeable) value for a variety of reasons: less set collecting, changing ethnic composition of the population, internet, and economics.
There is no equivalent collector preference between your examples and the 09-S VDB. Besides, 09-S VDB reached peak relative preference decades ago and has been losing it ever since. It's evident in the price.