The next major market

kieferscoins

What does everyone think the next major market will be in coins? Lately it seemd to be modern certified coins, state Quarters and mint commemoratives. I am not saying any of this is bad, but what will be the hottest thing within two years?

Cameron Kiefer

Petescorner

Cameron, I don't see the demand for State Quarters slowing down anytime soon. Especially, as the final states get released allowing people to complete their sets.

The possibility of redesigning the other circulating denominations could spark new interest in the current designs though.

kieferscoins

That is true. I had not thought of the new designed coins that may come about within the next few years. If that happens, an increase in the "old" designs will probably happen.

Cameron Kiefer

cladking

The market is always tough to predict, but since so many of the "newbies"
are actually returning collectors who grew up with Buffalo nickels and Mercury
dimes and the like, it's likely that these areas will start seeing more growth.
This includes most anything that was in circulation in the early 60's such as
Morgans. This should go on for some time before there's an explosion in
prices for the 19th century US coins. If past trends are any indication we'll
also see a lot of growth in tokens, medals, and world coins at about the same
time.

its4real

I'll take a shot at this one:

With CD's paying 1.8% and most investments yeilding little, if anything, a lot of people in general are looking for a way to get a better return on their money.

I believe that this year and into next, if interest rates stay where they are, you will see explosive appreciation in the collectable coin market. There are simply very few alternatives left these days for low risk, higher yeilding investments.

So I think you will see ALL of the coins getting "hot".

Just my 2 indianheads worth

CalGold

CladKing-

Buffalo nickles (mostly sans dates), mercury dimes, SLQs (again mostly sans dates), and Walkers and Franklins were in circulation in the early 60s. But Morgans? Maybe in Nevada casinos or the Klondike. I don't think they were seen elswhere.

Have any of you ever received a silver dollar in your change? Even an Ike. Not an SBA or Sac.

Getting one as a gift from your Aunt Tillie doesn't count. People sometimes went to the bank to get silver dollars as gifts for the kiddies around Christmans time, which is what led to the opening of those bags full of 1898-o, 1903-o, 1904-o dollars.

cladking

Yes. They were readily available in stores in this area. They weren't often handed
out in change but if you asked for dollar coins in the early 60's they were there. It
was not too uncommon to actually recieve one in change, though I only got a few.
Ikes also circulated lightly in this area briefly around '74 to '77. These were not as
ready available on request but they were actually used a little.

cladking

In 1960 almost half of the buffalos still had dates on them. The better
dates had been removed though. They did go out of circulation pretty
fast after that.

danglen

I believe that with the influx of collectors coming into the hobby, the "classic" commemoratives are going to be very hot. Most of the issues were very limited in scope, and even then a lot were never sold and remelted. But remember, in most cases junk today will still be junk two or twenty years from now. Always buy the best quality you can afford and you should do very well.

Coulport

BU Jefferson nickels IF they change the design to a Lewis and Clark theme.

Get your singles and rolls now.

DHeath

I think British coppers will heat up. Many of those coins are still readily available for a song in very collectible condition.

GAT

If the State Quarter program stays hot, at some point the Coin First Day Covers have to increase in value. They were doing very well until The Mint made available previosly sold out Covers. At some point the speculators have to run out of inventory to sell. That along with more collectors drawn in by new State Quarters being added should increase demand. I especially like the New York Covers because of 9/11.