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Coins with the highest liquidity

HigashiyamaHigashiyama Posts: 2,192 ✭✭✭✭✭
in U.S. Coin Forum
Which coins would you consider the most liquid, in the following sense -- if you purchase the coin, it is easy to sell immediately for only a small (eg - 10 %) discount below the purchase price.

Here is my submission -- Panama Pacific $ 50.

Let me know if you agree with my choice, and suggest some others.
Higashiyama

Comments

  • RussRuss Posts: 48,514 ✭✭✭
    Using the outlined criteria, any coin purchased at the right price would have high liquidity. There is a market for all of them with the key being to buy right.

    Russ, NCNE
    eBay consignment sales | | Collectibles from Resco CCC
  • mirabelamirabela Posts: 5,012 ✭✭✭✭✭
    Really? I would have suggested something in constant demand but a little less high-end, i.e. 1916-D merc in middle circulated grades, 1877 IHC in the same, etc. Although I guess when a Pan-Pac 50 comes on the market there are probably lots of willing buyers too.
    mirabela
  • BustmanBustman Posts: 1,911 ✭
    1796 quarter.
  • DHeathDHeath Posts: 8,472 ✭✭✭
    A bank wrapped roll of 2004 Washingtons, any state. image
    Developing theory is what we are meant to do as academic researchers
    and it sets us apart from practitioners and consultants. Gregor
  • HigashiyamaHigashiyama Posts: 2,192 ✭✭✭✭✭
    Russ -- I almost agree with you, although I'm not sure very many of us can buy at 110 % of wholesale?

    Also, extreme rarities, or obscure varieties would be an exception, in that they are difficult to price and hard to resell quickly.
    Higashiyama
  • michaelmichael Posts: 9,524 ✭✭
    true original celery green toned proof indian head cents in proof 65 brown 66 brown the rarest toning color for a proof indian cent super rare!!!!!

    true carnival rainbow toned deep mirrored cameo proof lib nicks in proof 66 and especially so 67 with great flash and blast ultra rare!!


    monster toned rainbow crescent arc with great lustre ms 67 boones with flash and blast .... does such an animal exist??????

    strongly prooflike gem and superb gem new rochelles flashy blast white rare!!!!


    ultra/deep cameo trade dollars proof 64 65 that look like proof silver american eagles in terms of mirrors flash blast whiteness and cameo and have a look of a much higher grade rare!!!!!


    ms 65 66 gold dollars type three that have great toning due to improper alloy mixture and they have great original flash blast and lustre rare!!!!!!

    gem proof totally originally toned 1862 dimes with flash and blast rare!!!!!!!

    a gem unc totALLY MATCHED THICK SKINNED ORIGINAL CINCI SET MONSTER!!!!!! rarest original set in the early commems

    monster colored rb proof 65 66 1865 two cent pieces with flash and blast really rare!!!!


    rainbow pastel original toned proof 66 67 three cent nicks in proof really rare!!!!!


    i am sure there are lots more too


    michael















  • ElcontadorElcontador Posts: 7,523 ✭✭✭✭✭
    High grade (MS 65 & better) 1883 CC & 1884 CC Morgans.
    "Vou invadir o Nordeste,
    "Seu cabra da peste,
    "Sou Mangueira......."
  • orevilleoreville Posts: 11,960 ✭✭✭✭✭
    I always thought that the 1907 high relief $20 Saint was considered one of the most liquid coins in the hobby/industry. The price differental between grades MS-60 and MS-65 were and still are quite small which allowed nearly all of those Saints to trade quite easily. Either between dealers or auctions or even between collectors and dealers.

    Not as rare as once thought given the high rate or survivors in mint state (in effect quite common and quite available!!!) but the demand is so strong that these coins nearly trade as a commodity rather than a rare coin.

    A Collectors Universe poster since 1997!
  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    Right now? Probably the MS64 Saint or MS64/65 common date Morgan. Both trade sight unseen for almost no difference in price.
    Spreads in bulk can be as little as 3% per coin.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • dorkkarldorkkarl Posts: 12,691 ✭✭✭
    dudes, the answer is simply any bullion coin. if you want real liquidity, pick up any of the millions of vf/xf saints, lib's, etc, or buy bags of 90% silver. you CAN'T beat that liquidity.

    K S
  • BillJonesBillJones Posts: 33,964 ✭✭✭✭✭
    Karl is right. Any coins that are bullion related are fast easy sellers IF you are willing to sell them at the bullion price, which is pretty well set in stone within a narrow range for a specific point in time.

    Beyond that, the key date coins if they are properly graded and priced within reason are quick and easy sellers.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • mercurynutmercurynut Posts: 3,207
    Any generic cold coin that has been slabbed.
  • majorbigtimemajorbigtime Posts: 2,937 ✭
    GSA CC dollars, hands down!!
  • ShamikaShamika Posts: 18,781 ✭✭✭✭
    Selling at only a 10% discount is pretty tough for even the most liquid coins.


    Buyer and seller of vintage coin boards!
  • mirabelamirabela Posts: 5,012 ✭✭✭✭✭
    If you buy at full trends retail, yes -- but these days, at least if you aren't talking about truly rare stuff, you don't necessarily have to do that. Furthermore, nearly anybody now can sell direct to other collectors, so if you don't have a dealer on both ends, it isn't that hard to do. I'm not knocking dealers at all -- they're often very helpful and I don't mind helping to support them one bit -- but with the internet you can narrow the spread on almost anything if that's your foremost motivation.
    mirabela
  • ANACONDAANACONDA Posts: 4,692 ✭
    Coins made in Philadelphia have the highest liquidity as opposed to coins made in Carson City for example where the air is far less humid.
  • ANACONDAANACONDA Posts: 4,692 ✭
    In all seriousness, what is your objective?

    If you're thinking...."Gee, I'd like to collect coins but I might want to sell so I don't want to take it in the shorts....then collect stuff out of pocket change....state quarters for example.

    Rarity has very little to do with enjoyment.

    If you want to "invest" in coins, common date Morgan dollars in PCGS holders are probably traded on one of the closest spreads there is.

    Also, generic gold in PCGS holders.

    NGC holders are a little less liquid.

    Everything is liquid at the right price.
  • RYKRYK Posts: 35,797 ✭✭✭✭✭
    Rarity has very little to do with enjoyment.

    I would disagree with the above as a blanket statement. I collect coins primarily because they are rare, but also for other reasons.
    Some collect coins because they are shiny.
    Some collect coins because they are old.
    Some collect coins because they are colorful.
    Some collect coins because they are historic.
    Some collect coins because the design is beautiful.
    Some collect coins because their spouse/parent/child/grandparent collects coins.
    Some collect coins because they like competition (ie. Registry).
    Some collect coins because they may be able to profit from them.

    Many collect coins for a combination of these (and other) reasons that they prioritize to fit their tastes, personality, and budget.

    For me, rarity has a lot to do with enjoyment. image
    My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132
  • BaleyBaley Posts: 22,660 ✭✭✭✭✭
    Everything is liquid at the right price.

    image

    Generic PCGS holdered gem coins like Morgans, Walkers, Saints, etc trade as commodities.

    You will always get offers at shows and it's easy to sell on the bay of e for close to what you paid,
    provided you bought at least fairly well (didn't overpay)

    time can also be your friend if the coins go up while you hold them

    (works the other way, too image

    edit to add: my favorite and most interesting coins, though, you can't just find the date and grade row in the greysheet and get a price. my favorite coins aren't "liquid" in the sense that I could easily sell them for top dollar today, but would need to find motivated buyers who want that coin, perhaps at an auction, and in that situation, you might get far more or far less than you paid, well outside of the 10%.

    Liberty: Parent of Science & Industry

  • ARCOARCO Posts: 4,396 ✭✭✭✭✭
    Collector grade coins in circulated grades of VF-AU in the popular series just blow out the door. Barbers, Walkers, Lincolns, buffalos, mercuries, etc. Semi- key and key date coins of the popular series will give you a burn as they rush past you to the next seller.

    Tyler
  • LUCKOFTHEIRISHLUCKOFTHEIRISH Posts: 586 ✭
    Hey, a PMM would have good liquidity! Agree?
  • StuartStuart Posts: 9,761 ✭✭✭✭✭
    PCGS Certified MS-64 and higher grade PL & DMPL Carson City Morgan Dollars are extremely liquid now at prices exceeding Greysheet Ask.

    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"
  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    Bullion coins aren't numismatic coins to me. You have to have some decent premium imo.

    I don't know about F-XF circ type and better dates. Whenever I find them, I cannot sell them, and then take a loss to dump them!image

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • LakesammmanLakesammman Posts: 17,381 ✭✭✭✭✭
    I buy great coins to enjoy the rest of my life - what does this term "liquidity" mean??imageimage
    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose.
  • RYKRYK Posts: 35,797 ✭✭✭✭✭
    I buy great coins to enjoy the rest of my life - what does this term "liquidity" mean??

    That means when you are "no longer with us", your family will get 30 cents on the dollar, maybe more. image
    My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132
  • UncleWigglyUncleWiggly Posts: 2,467
    $10 Gold Indians. PCGS/NGC MS62 or 63.


    Jerry
  • LakesammmanLakesammman Posts: 17,381 ✭✭✭✭✭
    That means when you are "no longer with us", your family will get 30 cents on the dollar, maybe more.

    Ah yes.....now I see what you mean........a MUCH better return than the expensive living/dining room furniture that will be going to Goodwill.....imageimage
    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose.
  • BAJJERFANBAJJERFAN Posts: 31,082 ✭✭✭✭✭
    Heat em to a high enough temperature ALL coins are liquid image LOL
    theknowitalltroll;
  • LincolnCentManLincolnCentMan Posts: 5,347 ✭✭✭✭
    I'm gonna say that key dates from any series from 1870-1964 would be the easiest to liquidate. ...part of the reason that I'm now working on a type set that will include as many of those as I can afford.

    Particular examples that jump out to me:
    1877 Indian Cent G-MS64
    1909-S VDB VG-MS65
    1885 V-Nickel G-MS63
    1913-S T2 Nickel VG-MS64
    1895-O Barber Dime G-VF
    1916-D Merc Dime AG-VF35
    1901-S Barber Quarter AG-VG
    1916 Standing Liberty Quarter AG-AU
    1932-D Washington Quarter VG-MS63
    1921-S Walking Lib Half VG-XF
    1893-S Morgan Dollar VG-VF
    1921 Peace Dollar VG-MS64

    These are just a few, I could have named two or three for most series. I also left a few series out, but its only b/c I dont know those series as well.

    David
    Lincolncentman Toned Lincolns
  • RYKRYK Posts: 35,797 ✭✭✭✭✭
    Ah yes.....now I see what you mean........a MUCH better return than the expensive living/dining room furniture that will be going to Goodwill.....

    Excellent point! And how about all those extra layers of paint that were not necessary? Hard to monetize that. At least with the furniture donation, you get a tax deduction and help someone else.
    My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132
  • LakesammmanLakesammman Posts: 17,381 ✭✭✭✭✭
    And how about all those the extra layers of paint that were not necessary?

    You've met my wife??imageimage
    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose.
  • orevilleoreville Posts: 11,960 ✭✭✭✭✭
    Me: image

    My wife: image
    A Collectors Universe poster since 1997!
  • earlwbollingerearlwbollinger Posts: 1,304
    Get the best high grade slabbed key date coins you can.
    Those always will be easiest to sell in my opinion.
    But if you get those that cost as much or more than a Lexus, you may be limiting your buyer market considerably.
    image
  • CoppernicusCoppernicus Posts: 1,764 ✭
    In general, PCGS/NGC slabbed keys/semi-keys in the higher grades. (I think this is a DUH!!!)

    Mike
    Coppernicus

    Lincoln Wheats (1909 - 1958) Basic Set - Always Interested in Upgrading!

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