Undervalued area's in US coinage?

beelzebud

Hello all. Ive just joined and this is my first post. Im a veteran collector of 29 years and love coins so much that I once applied for a job with Bowers and Merena because I wanted to be a dealer so badly. I eventually tried my hand at it for a few years, but found it hard to part with choice material, especially if it was cherrypiced or bought right at my local dealer. Anyway, aside from that, since I have been following the coin market for many years, I believe that the most undervalued area in coins right now (for rarity as well) based on greysheet pricing has got to be seated proof dimes. Does anyone agree?

Bill

nanda

Hello,
Welcome to the forum. I am an Indian collector and very much interested in coins from the USA. I mostly have coins of USA of 1950 or later. If you have spare old USA coin and interested in exchange please let me know.

Bye,
Nanda

beelzebud

Hi and thanks! I have almost a full set of Indians, lacking the 1877 but including the 1873 type 1 DD in fine. The dealer I used to deal with before he retired sold it to me for 40.00 in 1993 after I pulled it out from one of the books he had. I learned much from spending hours in his shop!

Bill

Windycity

Welcome! Quality and rarity rule today (as always). Buy and hold the best quality coins you can afford and, when putting together a complete set, get the key dates first... they are the ones that will continue to increase in value (or cost if you buy later).

Good luck!

beelzebud

Windycity, you are correct: but sometimes it just doesnt work out that way. Im waiting for the "right" 1877 to come along (combination of grade/value) before I get one. Ive always had the cherrypickers mentality when it comes to buying I suppose. But thats why Im currently focusing on seated liberty dime proofs- for around 190.00 in 60 or 300.00 in 63 you can get a nice coin, with incredibly low mintages. I was a "purist" up until about a year ago, (only collected regular mint issues) but when I thought about it and looked at the value/rarity ratio, how could I go wrong? Plus type coins are great!

Bill

nanda

Well i am not a big collect like you. I dont have that variety of indian coin also.

lordmarcovan

By "Indian collector", nanda meant that he is from India, not a collector of Indian Head cents. But he probably also collects Indian cents.

Nanda- we ended up discussing some Indian coins in this thread...

beelzebud

Thanks for the clarification!

Bill

CLASSICS

hi , welcome to the forum, lots of good things here and a lot of fun. you are right, many items are very underpriced, old vs new.

Ronyahski

Bill - Welcome to the boards! I'd prefer to wait to agree with you until I complete my proof seated dime set, but I absolutely do agree. I think proof seated in general are at reasonable prices now. I think the best price vs. rarity of them all is actually the half-dime, they are tougher than the dimes to find nice. But I believe them not to be in as much demand as the other denominations - they are just too small for some collectors.

You mentioned buying 60 to 63 graded dimes. Do you think these are the best values? What about the higher graded pieces?

Regards,
Daryl

beelzebud

Hey Daryl! Well Im speaking strictly from budget constraints, but I feel that 62-63 probably offer the best value, at least from my perspective. I have also been able to pickup 62's on e-bay for a significant discount of 60 money (anacs and ngc slabs) so that is what Im trying to do. Buying coins from dealers/shows has changed radically in the last 10 years, first with Teletrade the e-bay, so Ive adapted myself accordingly.
In fact, the dealers have dwindled as well as major/local shows in my area.
How far along are you?

Bill

michael

proof and especially ms stuff from before 1915 deep cameo proof and regulsr proof also just make sure you buy super eye appealing monster coins!@!!!!!!!!!!

sincerely michael

Ronyahski

Just a few dates left for me, post-58. Haven't decided yet if I'm going to collect pre-58 or not. Good luck with your collection.

beelzebud

Pre-58 is sure to be challenging (as well as costly). Good luck to you as well.