Pick any single key date coin, what would it be.
roadrunner
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Key dates have garnered lots of attention in the past 2 years.
What key or even semi-key date coin, would you go out and buy with the sole intent of price appreciation with essentially no chance that it could go down in price in the next 5-10 years? Include grade also. In other words, the bluest blue chip that is still underrated.
My choice, 1872-s seated 25c, Fine to XF.
Much more overlooked than many other "key" dates surrounding it. Far tougher than the 1872-cc and 1873-cc quarters which cost multiples more. The key "S" mint quarter in the entire US series 1855-1955.
roadrunner
What key or even semi-key date coin, would you go out and buy with the sole intent of price appreciation with essentially no chance that it could go down in price in the next 5-10 years? Include grade also. In other words, the bluest blue chip that is still underrated.
My choice, 1872-s seated 25c, Fine to XF.
Much more overlooked than many other "key" dates surrounding it. Far tougher than the 1872-cc and 1873-cc quarters which cost multiples more. The key "S" mint quarter in the entire US series 1855-1955.
roadrunner
0
Comments
I would pick anyone of these dates.
Chris
Jerry
I did a 2 year survey many years back when no one thought anything of a date unless it was low mintage or a "CC." I used every price list, ad, and auction appearance I could find. I was very careful to eliminate duplicates or anything resembling one. The
1844-0 half dime appeared 25 times and the 1846: 29 times. Compare that to the 1840-0 WD:16 times or 1840 WD: 19 times. For other denominational comparisons...
In dimes: 1874-cc:1, 1804:22, 1858-0:22, 1873-cc: 23, 1872-cc:28.
In quarters: 1870-cc:4, 1871cc:11, 1872-s:5, 1872-cc:24,
In halves: 1802: 42, 1870-cc:14, 1878-cc:14, 1878-s:4
Hence my fondness for the 1874-cc dime and 1872-s quarter.
roadrunner
I would also toss in the 1873 Op 3 half. There are a few very underrated major varieties still left to get mainstream recognition.
roadrunner
16 of them NGC/PCGS. NO 68's. Would be nice to have the first MS68. Do MS67's have to be fully struck on the hand and skirt lines?
roadrunner
I have a 41 S in a 64 holder and its 66 all day long but for the strike !
I dont believe Sheldon took strike into consideration when he developed the scale and i dont agree with strike being a factor.
Mint state should mean just that,as it left the mint.
Nice coins should not be penalized for a known mint and or die problem !
Proof
42/92
<< <i>Any takers from the 20th century?
I would also toss in the 1873 Op 3 half. There are a few very underrated major varieties still left to get mainstream recognition.
roadrunner >>
OK. I'll bite.
Just about anything from 1969 should be a good bet if it's attractive. In mint state that
means gem for the cents, and nice choice well struck for the nickels, clad, and silver clad.
In proof, it means DCAM 68 or better.
'82 and '83 are great years for clads and the cents and any of these are tough in choice
condition. In this case choice means anything over MS-60.
There are so few people pursuing coins like these that it's hard to imagine demand decreasing.
One of my fellow lurkers mentioned the 1880 shield nickel. A great choice. wonder how many of those circs can be 100% identified as a business strike? Recall the frosty MS65 1880 shield that traded hands for something like $60-70,000 at last year's ANA. A neat coin, but I fear its price is influenced by the fairly common proofs.
1901-s XF Barber quarter (and most every mint marked "O" and "S" mint) is a nice choice. I still have to go with the
1872-s in XF though
as there probably aren't more than 5-10 known in that grade, and possibly none of them are problem free. And that might be a very conservative guess. It could be lower. The 1901-s is probably twice the price as the 1872-s but maybe 10X more common. Anyone have a good estimate on how many XF's might remain? 30? 50?
100? How about total 1901-S's? 500? 1000? 1500?
roadrunner
<< <i>A 67,1941 S Walker would be a fully struck coin and then some !
I have a 41 S in a 64 holder and its 66 all day long but for the strike !
I dont believe Sheldon took strike into consideration when he developed the scale and i dont agree with strike being a factor.
Mint state should mean just that,as it left the mint.
Nice coins should not be penalized for a known mint and or die problem !
Proof >>
Theoretically, I agree with you. But, all things being equal, two coins sitting side by side with all attributes equal except that one coin is fully struck and one is poorly struck, which would you buy? I'd bet the fully struck coin if all other factors were equal. The strike influences the desireability of the piece, thus, it affects the grade.
Remember that Sheldon developed the scale as a function of the selling price as determined by the condition. Since fully stuck coins will generally sell for more than poorly struck coins (because they are more desireable) it makes sense that these coins would be graded higher.
............................
As for my pick, I'd say the 1934-S Peace dollar in MS60 or above. I think the Peace series overall is vastly underappreciated and lives in the shadow of the Morgan. Should the series get some attention paid to it, the key 1934-S should rise in value.
<< <i>Key dates have garnered lots of attention in the past 2 years.
What key or even semi-key date coin, would you go out and buy with the sole intent of price appreciation with essentially no chance that it could go down in price in the next 5-10 years? Include grade also. In other words, the bluest blue chip that is still underrated.
My choice, 1872-s seated 25c, Fine to XF.
Much more overlooked than many other "key" dates surrounding it. Far tougher than the 1872-cc and 1873-cc quarters which cost multiples more. The key "S" mint quarter in the entire US series 1855-1955.
roadrunner >>
I agree the 1872-S Quarter is a great coin. Nearly impossible in high grade.
I have the 1872-S with both the 1871-S and 1872-S reverses. Both in lower grade.
If I had to pick one collectible rare coin that I really feel would appreciate, it would be the 1873-CC No Arrows Quarter.
Ray
in 1975 when a superb gem 1901-s Barber quarter was worth $5,000. I always considered that to be THE "seated" coin as I loved the quarters. In the few times that this rarity sold at auction, I always felt that it brought too little.
What's the cheapest that one of the circs have sold for over the years? Could you get one of them today for under $75,000-$100,000? If I had a few million to blow, the 73cc na would be on my want list for sure.
roadrunner
Chris
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
Of course, a 1792 Half Disme would work for me pretty well too......
If I had it my way, stupidity would be painful!
I also dont really see the 1916D merc or 1916 SLQ making any price drops.
1893-S Morgan Dollar F12-VF35
1885 V Nickel XF45-MS65
1937-D Three Legged Buff XF45-MS63
1921-S Half F12-F15
1914-D Lincoln XF45-MS66RD
1916-D Merc VG8-AF58
1877 Three Cent Nickel PR64 or better
David
1873-s gem ms66-67 original thick skinned half dime legend obverse
1874 trade dollar choice to gem ms 64-65 original think skinned
1941-s walker with a decent strike gem ms66-67 BUT THE KEY HERE IS rainbow toned original thick skinned coin the ultimate walker!! go try to find one i dare you
ANY DATE gem proof 65-66 rb/brown indian cent but with original celery green toning one of the rarest the colored toning for a proof indian cent
any date gem proof65-67 pastel rainbow original toned three cent nicks
1871 a true gem proof65 deep/ultra cameo three cent nick
michael
<< <i>the bluest blue chip that is still underrated... >>
In my opinion many people are still saying coins that have already gone up in value a lot, and very likely could go down.
Great spirits have always encountered violent opposition from mediocre minds.-Albert Einstein
al h.
For my series (in grades of Fine-AU) I would take the 92-O & S, the 93-S, the 96-O, 97-O, the 1901-S, 04-S and 1914-P
Tyler
I concur. The main intent was to prevent a loss, and then go after a potential gain if possible. There are a lot of key dates that I feel are poised to go down at some point. How or when is up to the market.
Even popular coins like a 55/55 or 09s VDB have targets on them.
So does the 1893-s dollar imo. Probably the 1796-97 halves. Whether demand wins out in the end who can say. I'd feel safer in 1880 nickels or 1872-s quarters or 1874-cc dimes or 1802 half dimes....or maybe even a 1799 cent.
roadrunner
With the run up in prices of coins I collect, I think everything out there that remotely interests me has downside risk in terms of pricing.
Just follow my golden rule of collecting. Buy what you like, buy the book before you buy the coin, buy the coin not the holder, know how to grade the coin before you buy it, look at as many coins as possible before making the purchase, and buy the nicest coin for the grade that you can get your hands on (apologies for the grammar).
Scarce coins that I rarely see:
Attractive MS 65 RB Classic 1/2 Cents
Any attractive Unc. Classic Large Cents
Attractive original Bust Dollars in AU or better
Attractive Liberty or Shield Nickels in MS 66 or better with outstanding luster
Original, fully struck Capped Bust Halves in MS 65
Any attractive Barber coinage in MS 65 or better (most of these coins are IMO just plan nasty).
"Seu cabra da peste,
"Sou Mangueira......."