10 Rare Coins Expected To Soar in Value in the Next Five Years
WQuarterFreddie
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Article I read today. Link for those that care to read and comment:
Interesting that they mention the 1794 Flowing Hair Silver Dollar😉
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This is just one of those nonsense articles to generate clicks, nothing remotely insightful here.
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It's interesting that they mentioned the speared buffalo Jefferson nickel.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Who knew that 1943 copper cents were still in circulation.
Ridiculous article.
Along with the 1913 Liberty Nickel... check your change carefully.
I bet the BM guys are very excited that they are going to get 4000 calls from people with no S dimes and copper wheat cents.
Why is this a nonsense article? I found this information about the 1794 Flowing Hair quite interesting:
1794 Flowing Hair Dollar
Still in Circulation: No
Approximate Value: $10 million
Demand for the more common 1795 Silver Dollar keeps prices high, but the first silver dollar struck by the U.S. mint one year earlier is one of the rarest and most valuable of all U.S. coins, period. This “national treasure” sold for more than $10 million in 2013.
More importantly, just because the more experienced collectors may already know about these coins, the article is directed to the beginner collectors who do not know about these coins.
And the article tells them to check their pocket charge for 1943 copper cents.
Wrong! If you actually read the article it does not state that at all. In fact it states very clearly the following:
"The chances of finding a million dollar coin in your pocket is extremely rare, but it’s still worth your while to check attics and antique shops, with collectors and dealers or through buying coin rolls from the bank for coins still in circulation."
RIGHT!
Any article that says "certain to increase in value" and "five still in circulation" is pure click bait.
As long as wheat cents are still floating around in circulation, there's a chance of finding a 1943 copper cent. It's probably a hundred gazillion to one, but there is still a chance. Remember the kid that found one in his lunch money in the 60s? I realize that was sixty years ago...but hey, it happened!
Dead Cat Waltz Exonumia
"Coin collecting for outcasts..."
It's nonsense because it reads like nonsense, and what data is being used as the basis of why these coins are going to "soar in value"?
1955 Doubled Die Penny
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Still in Circulation: Yes
Approximate Value: $1,800
Most of these double dies (basically a misaligned striking of a coin, resulting in a duplicate image) from 1955 were distributed as change from cigarette vending machines. Doubling on the numbers and letters mean these are worth around $1,800 a piece."
Misaligned striking of a coin? Not exactly. Why are they all $1,800 a piece? lol
"1794 Flowing Hair Dollar
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Still in Circulation: No
Approximate Value: $10 million
Demand for the more common 1795 Silver Dollar keeps prices high, but the first silver dollar struck by the U.S. mint one year earlier is one of the rarest and most valuable of all U.S. coins, period. This “national treasure” sold for more than $10 million in 2013"
No mention of the fact that there are Roughly 120-150 examples out there that are NOT worth anywhere near 10 million?
These articles are the reason that people become infatuated with the conquest of striking it rich with pocket change, and then they come here. Same reason I get daily phone calls about someone wanting to have their lincoln cents "appraised", or wanting to sell me the "error" coin they found. I acknowledge the generated interest could result in some actual collectors, but that is not the intended purpose of the author. The authors are not employed to write factual and informative articles, their job is to continuously drive traffic to the website with enticing headlines, misleading figures, and sensationalism. It doesn't matter what they write about, as long as ou click on it, they're able to draw add revenue and aggregate your data to sell it to other marketers.
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.> @PeakRarities said:
Understood.
Excuse me if I step in here.....this thread is going nowhere, no further posts are necessary.
I agree no further posts are necessary. Starting now.
Oh, well if you say so!🙄
Anyone wanna know my one weird rule that has coin dealers furious?
Empty Nest Collection
Matt’s Mattes
.> @renomedphys said:
YES!😂🤣
Then you could say that about EVERY coin. It could find its way back into circulation. There's also a gazillion to one chance of finding an 1894-S dime or 1916 SLQ in a roll. Keep looking folks!!!
Google is helping, Dan!
Instagram too!
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I eagerly and actively try to get people interested in numismatics, but when I see misleading articles like this, that are written primarily to attract new people to numismatics, I think it actually does more damage than good in that regard, because you are setting newbies up for failure and disappointment.
I regularly buy bags of VG/F V nickels, and buffalo nickels, to randomly give people. Just recently, I have been buying bulk Silver Certificates, and I do the same thing with those, except in a bit more sparing manner! LOL
I cannot tell you how happy it makes some people to be given what they perceive to be an interesting and somewhat valuable item. When you hold something in your hand that is nearly a century old, with most people, it immediately stirs interest! And when you tell them that they can keep it, the joy on their face is worth 100X what I paid. I love to give people joy, and this has always been one way to do that, for me at least.
Sorry for the rant!
Peace,
Dwayne
Dwayne F. Sessom
Ebay ID: V-Nickel-Coins
So you are admitting we still got a chance? 😂🤣
Lighten up dude.🙄
Dwayne, great comment! If there were more folks like you in our hobby then new collectors would be more willing to join us here on the forum!
I did the same with my W quarters when I was going to banks for boxes of quarters.
I would give tellers and bank managers a PCGS graded W quarter so they could better understand why I was getting boxes from them.
They were so excited to get one!😎
I think reissuing old designs but this time for circulation rather than reissuing old designs as bullion might do the trick. I would also try to do something on the paper money side as well such as issuing modern $2 United States Notes or modern $1 Silver Certificates and even have them as uncut currency sheets, it is not like they will actually redeem them for silver.
I am light. You asked what we thought and we all said click bait. I don't really care. My browser is constantly full of click bait. Navigating the modern world requires that we navigate it.
Wrong again! Not all of us said it was click bait.😉
Every once in a while you should step down off of your soap box and join us mere mortals here on the ground. You might learn something new.😎
Or accurate. Garbage like this is consumed as “news”.
I would also try to do something on the paper money side as well such as issuing modern $2 United States Notes or modern $1 Silver Certificates and even have them as uncut currency sheets, it is not like they will actually redeem them for silver.
The Treasury Department's Bureau of Engraving and Printing still prints more than 200,000,000 $2 notes every year. But I agree, I wish we would see a completely new design in all of our modern coins as well, before coinage becomes totally obsolete! (And coinage appears to be well on it's way out in Liew of digital currency.)
Dwayne F. Sessom
Ebay ID: V-Nickel-Coins
Quite frankly, it introduced me to coins I had never heard of and gave me a brief history of each.
I think you experienced collectors need to remember that you all started at the beginning and didn't know much about coins until you researched them.
FWIW, articles like this one helps to generate interest in the hobby of which many of you complain is dying.
You all need to learn to be nicer to the noobies!😉
I have watched nearly every FUN video over decades on the Newman Numismatic Portal...
Every year THE MOST esteemed experts in Lincoln Cents, Dollars of all types, and selected VAMs stood up and gave their coins of the year.
Year after year...
Started tracking the Lincoln cents and they were all dogs as investments.
Now there was some seriously valuable information included... Surviving numbers, realistic availability, etcc....
When you apply some filters to your coins, then one's performance likely kept place with inflation.
I have a developed an Index of over 200 coins of key dates, varieties, Vam's, and errors that keep me busy and
They have a premium if cherried.
A coolness factor if bought outright.
Expectation of value retention if selected judiciously.
Anyone can find a huge coin by chance... including myself.
It is called tuition and we all pay... or you become DeplorableDan and have rock star skills
Article would be best if it described what actually is the meaning of value.
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I'm not exactly sure what you meant with your comment, but it reads like you're making a counterpoint to a point no one has made, about value retention and cherry picks. My position was that this type of sensationalized clickbait sets unrealistic expectations for newbies, but the dealers are the ones that have to deal with the consequences.
No one was saying that its impossible to find something valuable in circulation, but I take issue with the exception being portrayed as the norm. I wouldn't have an issue if the list contained coins like the 95 DDO or 99 close am, state quarter errors, but 1943 copper cent? 1794 FH dollar, seriously? I encourage people to collect whatever and however they want, whether its lincoln cents, w quarters, or chuck-e-heese tokens, or wooden nickels, but my previous comments were not about collectors. The aforementioned treasure-seekers have no intention of collecting. They do not seek to understand, or learn about why something is valuable. They want to be spoon fed all the information, and the moment they realize they wont be quitting their day job, their "interest" has evaporated and they're on to the next.
" It is called tuition and we all pay... or you become DeplorableDan and have rock star skills."
As I understood it, "tuition" is when you make costly mistakes as a novice and you use it as a learning experience. I'm not sure what context you were using it in, but I assure you my tuition was higher than average, perhaps even ivy league.
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Freddie, I like you very much and enjoy some of your posts here, especially your passion. I am a full time dealer and see pretty much everything that happens in the hobby/business of coins. I’ll be honest, I’m surprised you posted an article that is so far away from a numismatic side, but much more to “silly news” side. As a person who respects, enjoys, learns and has made my life out of coins, you must be able to see this kind of article is just “fluff” it the most basic sense.
You have been around and made some cool and interesting conversations about coins you like. Do you not see how an article like this to the general public contains an incredible amount of misinformation as well as setting up a new person for failure! It’s actually articles like this that hurt the hobby from new people coming in expecting the “highest mountain” but then get told they are a waste of time.
Nothing I’m saying here is meant to be against you personally; so please know I’m not attacking you. But I am concerned you are standing up for such an article and then sharing it in such a group of serious collectors, then questioning why the responses are what they are?
.> @NewEnglandRarities said:
Thank you for taking the time to post and your kind words about me.
Quite frankly, I posted the article because I found it interesting. I totally understand why the experienced collectors have no interest in it but to dismiss it as click bait is a bit much in my opinion.
To be clear, this was not an article from one of the AD links on AOL. The article is from gobankingrates.com
For a novice collector the article sheds light on some interesting coins. Yes, some readers will interpret it literally that they can find some of these "Still in Circulation" coins but I am sure there are many others like me that can read through the exaggerations of availability and valuations.
I never knew some of the coins mentioned existed in the coin world. That was my take from the article not that I could find one of them still in circulation or become rich looking through coin rolls.
Most importantly, I believe this forum should be more welcoming to new collectors. Unfortunately, there are a few members on here that believe it is their private forum and they are quick to try and dismiss, intimidate and bully any member and/or topic they disagree with instead of discussing it with an open mind and civility.😎
I tend to answer alot questions not asked... a fault of mine.
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"We dismissed it because it IS clickbait, and it's misleading for novices. In the future other novices will stumble across this thread, so in the interest of posterity, it's best to set the record straight. In terms of "experienced collectors", context is needed. Compared to a significant portion of collectors, YOU are the experienced one. You've been a member here since 2020 and you have 3000 posts, surely you're multiples more experienced than you were then, no?"
"Clickbait (also known as link bait or linkbait is a text or a thumbnail link that is designed to attract attention and to entice users to follow ("click") that link and view, read, stream or listen to the linked piece of online content, being typically deceptive, sensationalized, or otherwise misleading. A "teaser" aims to exploit the "curiosity gap", providing just enough information to make readers of news websites curious, but not enough to satisfy their curiosity without clicking through to the linked content. Clickbait headlines often add an element of dishonesty, using enticements that do not accurately reflect the content being delivered."
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"Clickbait is primarily used to drive page views on websites,whether for their own purposes or to increase online advertising revenue. It can also be used for phishing attacks for the purpose of spreading malicious files or stealing user information.[20] The attack occurs once the user opens the link provided to learn more. There are various clickbait strategies, including the composition of headlines of news and online articles that build suspense and sensation, luring and teasing users to click. Some of the popular approaches in achieving these include the presentation of link and images that are interesting to the user, exploiting curiosity related to greed or prurient interest.[20] It is not uncommon, for instance, for these contents to include lewd image or a "make money quick" scheme.
Ok, but whats your point? If we're talking about credibility, that changes nothing for me.
You’re kidding, right? You are giving WAY too much credit to the intellect of the average American. We live in a society where cashiers don't even know how to make change, and they call the police when you use a two dollar bill
Are you talking about the varieties? I'm clueless about the "speared bison", matter of fact I'm clueless about the vast majority of varieties. Sure I recognize a 55 DDO and the uber-popular ones like that but beyond that, consider me ignorant.
Freddie, from what I've seen the forum is plenty welcoming to new members. Of course there will always be a few sour grapes, as with any community. Typically, when there’s around 20 comments, maybe one will be rude or dismissive. In light of that, keep in mind that the members that contribute to the encyclopedia of knowledge here don’t get paid to do so, so when a new collector posts here to obtain some of the most well respected and FREE opinions in the country, I don’t feel as we owe it to them to speak as if they were sensitive children. Im sure some might consider a link to the red book on amazon as flippant or dismissive, but you cant help someone that doesn't want to help themselves.
Listen, I'm not trying debate you here but have a tendency to double down and dig your heels in which makes it too easy. I'm glad you found it to be a good read, but it has no useful or accurate information to discuss. I'd rather you post your opinion of what 10 coins you expect to appreciate, with reasoning and data as to why.
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I would like to compliment you on your efficient use of the BOLD font and I can only imagine how long your post would have been if you WERE trying to debate me.😂🤣
I do have enough experience on this forum to realize that when a member resorts to copying and pasting the definition of a word then the discussion is over.😉
I stand by my statements. You have not changed my mind and I know I won't change your mind so I suggest we agree to disagree about this one.🧐
Enjoy your weekend!😎
Everyone but you. My apologies. I didn't include you in the responders since you were the original poster. I'm not sure why you're picking a fight with me. All the other responders have said pretty much the same thing. Some of them were much harsher than I was.
Have you tried Marijuana? I hear it mellows you.
Ironically, the bully on this thread is you. You asked what we thought, many of us said "clickbait" which is not exactly offensive. And you told us we were unwelcoming, hostile etc.
Chill, dude.
Calling @NJCoin
Now I am being inundated with these click bait ads... next up "4 coins from the 1920's that are worth alot of money"
Is there alot of money in these stories?
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Not a ton individually. But it's easy to generate them with AI and if you get enough clicks, then can pay off. After all, the bait works 24/7.
That would probably be best, I have enough experience to realize that when a member resorts to criticizing the way my points are formatted rather than the points themselves, the discussion is over.
Before I go, allow me to point out that there are at least a dozen experienced forum members in this thread who you're also agreeing to disagree with, in a thread where you asked for our thoughts. As a self proclaimed novice (your words, not mine), do you see the irony in this by any chance? I'm certainly no expert, but the knowledge that I do have was gathered by listening to the guys that knew more than me. It did not come to me via osmosis, nor was it learned from a Canadian freelance columnist.
You have a fantastic weekend as well 😎
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Dan, I am curious to hear more about the tuition you’ve paid and your thoughts more generally on how to become proficient in the deep end of the pool. Would likely make for some good entries on your website blog.
Oooh that’s a good one. I feel like I could write endlessly about “tuition” in general but I’ll try to focus on a handful of the most consequential mistakes. I’m on board 🤙.
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@WQuarterFreddie To be honest I opened this thread on the expectation that I was going to be able to read about the 10 coins that YOU are expecting to soar in value in the next ten years. I was disappointed when I didn't get what I expected. I would much rather have your opinion because, for one, I've had the pleasure of reading many of your past threads that you've authored mainly about ...wait for it.... W Quarters, and by doing so I've gained a certain respect for your knowledge and have been impressed by your endeavors. I have been entertained by the responses others have posted and just thought I'd toss out my reasoning for being involved in this discussion.
It would be interesting to read.
How many coins do you pass on before choosing a banger? What is your criteria?
Not everyone can have Bonser, Campbell, or Robert's looking over their shoulder.
Most buy a label and wonder why the predictions flop.
But I have come to realize how important a dealer is to building an elite collection or a PQ coin.
It is possible and would likely cost less $$$ in the end.
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You guys are all doing just fine without me! 😀
Believe it or not, even I find that sometimes the best move is to not engage at all.
The irony here is that the entire thread is clickbait, and everyone engaging fell right into it by giving the author the attention he was seeking.
Thank you for your kind words but I have no clue about other coins.😂🤣
Sorry you are disappointed by this thread but I truly posted the article because I thought it was an interesting read.🧐
Stay tuned because I will be posting my annual commentary thread about my beloved W quarters in a couple of weeks.🤪
I hope you and your family have a safe and happy holiday season!😎