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What are the top undervalued post 1965 US Coins ?
dtkk49a
Posts: 2,490 ✭✭✭
In another post, someone mentioned that some of the most sought after coins of the future are still bouncing around in circulation.
Someone else mentioned that $500 spent wisely could yeild a $40,000 collection in the not to distant future.
Maybe some of you can point out some of these coins for me ?
Someone else mentioned that $500 spent wisely could yeild a $40,000 collection in the not to distant future.
Maybe some of you can point out some of these coins for me ?
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They call me "Pack the Ripper"
They call me "Pack the Ripper"
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Les
IMO, the last few, and very best 1965 halves in deep cameo are still undiscovered. There are a handful of us who are currently searching desperately, and collectively the active folks here on the board have looked at many thousands of sets. Long before we started, Tomaska, Val Webb, and many others searched many thousands of sets. Perhaps the coin we seek is laying in the vault at your local shop and no one who knows waht it looks like has opened the envelope. You can bet the dealer hasn't. I've shown a few to dealers at shows, and they were unaware the SMS coins even came cameo.
and it sets us apart from practitioners and consultants. Gregor
<< <i>Try pm'ing CladKing. To me anything less then 50 years old is pocket change, but then again if you can get a "70" made for any year you'll make some money.
Les >>
Not picking on Les or Barry, their posts illustrate my point. Those coins are available because the predominant attitude is that they're not collectible. That won't always be so, and it's changing as we speak. They could both profit instantly by finding either coin mentioned raw and offering it to me for $1000.
and it sets us apart from practitioners and consultants. Gregor
<< <i>IMO, the last few, and very best 1965 halves in deep cameo are still undiscovered. There are a handful of us who are currently searching desperately >>
Some of you people need to find another hobby - please!
<< <i>Should you find one of the first strike 65 SMS halves off a new die pair in say MS68, you'd be $15k richer, as that coin is the holy grail of the Kennedy series >>
Tsk, tsk, Don! The Holy Grail of the Kennedy series is the Accented Hair in PR69DCAM.
Russ, NCNE
We're talking the difference in unicorns and leprechauns.
and it sets us apart from practitioners and consultants. Gregor
<< <i>Maybe some of you can point out some of these coins for me ? >>
PO01 Roosevelt Dimes
Just the other day two sets of 82 and 83 Souvnier sets came in from an older collection. I was all over the sets looking at the washington quarters to find out if they were gem plus, unfortunately they were not?
jim
available but also knowledge of what collectors will desire in the future. The only near certainty
is that at least some collectors will seek the later date coins and that huge numbers of them are
scarce or rare. The surest way of having the scarcities is by collecting them rather than simply
going out and buying coins because they are undervalued.
It seems probable that nice attractive regular issues should be in demand. While there are tens
or even hundreds of thousands of some dates that are attractive there are other dates which are
not frequently seen nice. Coins like '74 Ikes, '81-S $1's, or '82-P quarters can be tough. Such
coins can be tough because few were saved and/or because only a small percentage are attractive.
There are some very interesting circulating varieties which could become popular to collect. In some
cases these simply don't exist in uncirculated condition and are rarely seen because few people can
be bothered with "pocket change". Add in the fact that these sometimes had very limited mintages
and you can imagine the difficulty of locating an XF example of a twenty or thirty year old coin.
There are also special issues which sell for peanuts compared to the prices of old coins. A '75 No-S
dime with about fifteen known can be bought for under $50,000!! Even if there are never two or
three million people collecting coins in the future, one has to suspect that a coin this scarce could
sell for a much higher price.
There are a whole array of very high grade coins. While these aren't necessarily a great value, the
fact remains that many of them are rarely seen and this will never change. Those buying in this seg-
ment of the market should look at some raw coins to see what's available. Even if a coin is extremely
tough in the highest grade, if it's easy in nearly as good condition then people will buy the almost as
good rather than the best.
There are many special issues, errors, varieties, and the like.
As a rule of thumb, virtually every US coin in existence made after 1964 is underappreciated. While a
1965 quarter in VG may never be worth more than a quarter how many people would even look at it
twice? Look at the population reports for Jeffersons, Roosies, or Washingtons. The populations sim-
ply crash at 1965 but the values of the later coins in the guides is also much lower.