What do you think the most Overrated series is?
JrGMan2004
Posts: 7,557 ✭
Moderns? Morgans? AH Kennedies?
-George
42/92
42/92
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Russ, NCNE
Les
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The Ludlow Brilliant Collection (1938-64)
#2 -- Statehood Quarters
#3 -- Modern commemoratives
#4 -- Susan B. Anthony dollars
#5 -- Modern Lincolns
Buffalo Nickels? NO WAY
MODERNS have my vote.
42/92
<< <i>MODERNS have my vote. >>
"Moderns" is not a series.
<< <i>for a series to be "Overrated" it needs to be pretty popular, with high prices that are unwarrented for the supply... more an inflation of price mostly due to demand, rather than any real rarity >>
Which perfectly describes Lincoln cents.
Russ, NCNE
2. Washington quarters
3. Early dollars (way too many people collect these)
4. Morgan dollars (way, way too many people collect these)
5. Kennedy halves
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<< <i>5. Kennedy halves >>
Kennedy halves? They've been in the toilet for the last couple of years and are just now beginning to show some signs of life.
Russ, NCNE
<< <i>
Buffalo Nickels? NO WAY
MODERNS have my vote. >>
What do you think of proof buffalo prices as compared to 3 years ago ?
Les
That's the only thing I think is really overrated... and the Registry has contributed to it... oh, State Quarters too... so I guess that should be #2...
42/92
2. Original bust dollars (F through AU58)
3. MS-65+ Seated Quarters and Half dollars (Not proofs)
4. Pre-1834 gold, (VF-AU58)
Tom
and it sets us apart from practitioners and consultants. Gregor
<< <i>1. Original bust half dimes and dimes (F through AU58) >>
I must disagree with you, at least on Half-Dimes. I think they are an undervalued series, with relatively few collectors compared to most series...
42/92
All modern Proof 70 coins.More will be made and I will bet on it.
Stewart
<< <i>Why are you all saying Lincoln Cents? I don't understand at all? >>
Have you been watching the recent prices realized for coins in the series? New records are being set at every major auction.
Russ, NCNE
<< <i>All modern Proof 70 coins.More will be made and I will bet on it. >>
Yeah, Stewie. Like this Kennedy that just sold for $1400.
Of course, last year while all the modern bashers were saying exactly what you just said, the coin could have been had for $600. Want more examples? I've got a dozen from this month alone.
Russ, NCNE
Relative values compared to other series is only one small part of the equation. The important factor is how rapidly that price acceleration has progressed. With Lincolns it has happened frighteningly fast. Lincolns were also minted in far larger quantities thus, as the prices realized skyrocket, so does the incentive to search a VERY large supply base.
Russ, NCNE
Heck, if I had your (or others') knowledge and eye for picking top grade moderns, I'd buy them for 5 or 10 cents on the dollar, pay to get them slabbed, and would flip them ASAP for immediate profits.
If a collector wants to build that MS-70 perfect set, that's their own choice... but if they are doing it as an investment I feel it's avery high-risk strategy that they should only undertake with eyes wide open...
Stuart
Collect 18th & 19th Century US Type Coins, Silver Dollars, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal
"Luck is what happens when Preparation meets Opportunity"
<< <i>
If a collector wants to build that MS-70 perfect set, that's their own choice... but if they are doing it as an investment I feel it's avery high-risk strategy that they should only undertake with eyes wide open... >>
These should be easy to avoid buying or selling since there are NO MS-70 regular issue moderns.
<< <i>Russ: I think that it's great if you can make high-grade coins (Modern or other) >>
Actually, I've never made a 70. I've made some pricey coins, but that's out of necessity to build my own set. I can't afford to buy them already slabbed.
<< <i>I however, would not recommend acquiring MS-70 modern coins as a long-term investment strategy. >>
Neither would I. But then, I wouldn't recommend any coins as a long-term investment strategy. Quick flip for a profit, maybe, but not as an investment.
The point of my response to Stewart was that NOBODY knows what's going to happen in the future. Last year, PR70DCAM Kennedys, with the exception of freshly graded new ones, were in the tank. Last year, many were saying exactly the same thing as Stewart. This year, the coins are on fire.
Russ, NCNE
<< <i>What do you think the most Overrated series is? >>
Whichever one is at that specific time being "pumped" by the coin promoters...
Stuart
Collect 18th & 19th Century US Type Coins, Silver Dollars, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal
"Luck is what happens when Preparation meets Opportunity"
<< <i>but some date/grade Lincolns are still totally underrated, and I think it isn't fair to just say the whole series is overrated. >>
haletj,
I have no doubt that there are coins within the series that are underrated, just as there are within any series. However, the nature of the original question itself is such that the reponse must include the entire series. That makes them no less collectible and, unlike some other series, they can be collected and completed by anyone of any means. That makes it an excellent choice for collectors from all walks of life.
In other words, my reponse was not a slam on Lincoln cents, but rather a commentary on the market in response to the question.
Russ, NCNE
2) Morgans
3) Anything else I'm after beyond 1 and 2
2. Original bust dollars (F through AU58)
4. Pre-1834 gold, (VF-AU58)
Tom >>
Early gold? Really? No way. I'm a net buyer of original material all day long. Especially varieties on ( ZZZZZZZZZ)
Bust $'s? Agree. They are overpriced.
TP
Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870
Lane
See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
1. Morgan dollars
2. Lincoln cents
I wouldn't jump to say that any series is overrated just because people are willing to pay lofty prices for high pop pieces. I can't see that all the sudden the fan base for Lincoln cents or Morgan dollars disappearing. If anything, as the interest in numismatics increases so will the number of people wanting the popular series. Watch for the price of the 1909-S VDB in MS-65 red to reach $20,000 before you know it. I think I'll go out any buy one now before that happens.
<< <i>What do you think the most Overrated series is? >>
in order they are:
1 morgan dollars
2 dmpl morgan dollars
3 toned morgan dollars
4 all other morgan dollars
K S
2. Statehood Quarters
3. Memorial Lincolns
4. Jefferson Nickels
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These are simple opinions, if you don't agree, that's fine, don't get upset.
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<< <i>
<< <i>1. Original bust half dimes and dimes (F through AU58) >>
I must disagree with you, at least on Half-Dimes. I think they are an undervalued series, with relatively few collectors compared to most series... >>
I agree with JrGMan. Look for the bust half dimes at shows and you'll see how few are available.
Ray