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Name a coin in your series of interest that is overvalued (and why you think so)

RYKRYK Posts: 35,797 ✭✭✭✭✭
I am not talking about 1804 silver dollars or Brashers or 1913 Liberty nickels or even 09-S VDBs. Name a coin that is overpriced/overvalued in YOUR series of interest and why you think so and/or why it might be overvalued. Think of a coin that probably would not be recognized as such by a fellow collector who is not a specialist in the series (excludes coins like 09-S VDBs, 37-D 3 legs 5c, etc).

I'll go first:

If you divided Dahlonega $5's into four tiers of availability (I just made this classification system up--Tier I is most available and Tier IV is least available), the 1860-D is a Tier II coin with 145-165 collectible examples extant. Despite this, the value/pricing for this coin in AU-58 exceeds all but three issues, all well-heralded for their scarcity (42-D LD, 50-D, and 61-D). It is generally priced higher than the 55-D through 59-D issues which are all considerably more scarce, not only in the pop reports and survival estimates but also on the ground. I have not heard a good explanation for this. One possible reason proposed is that there may have been a price manipulation in the distant past that has never been corrected. Another is the temporal association with the famous and extremely desirable 1861-D, the rarest coin in the series and only other coin from the 1860's. Neither of these explanations is satisfactory to me.

Comments

  • ERER Posts: 7,345
    Silver plug flowing hair dollar, I mean, why should it? Variety specialists will disagree, but to me, it's pure hype. The silver plug should never be a variety. JMO.
  • RegulatedRegulated Posts: 2,992 ✭✭✭✭✭
    1853 900-Fine Assay $20s. 2 1/2 Million pieces were struck and they are readily available in grades ranging from XF40 - MS63.

    What is now proved was once only imagined. - William Blake
  • ArtistArtist Posts: 2,012 ✭✭✭
    Artist = 20th Centry Type Collector. Most Overvalued Coin In My Series?

    High Relief Saints.

    Desirable? Yes. Beautiful? Unquestionably.

    Rarity to Price Ratio?

    So offputting, that if I actually could afford an uncirculated one, I might consider using the money to rethink my series of interest.
  • The 1914d Lincoln when the 1931s is a lower mintage!

    BOOK
    image
    My grandchildren. The heirs to my collection! (Just not to soon I hope)
  • CoxeCoxe Posts: 11,139
    1889-CC Morgan dollar. As a DMPL, my specialty, the 1883-CC is the overvalued dog. It might have the CC mintmark and even be attractive as a type coin, but is ridiculously common and available -- moreso than the generally presumed ultracommon 1880-S. Funny thing is, though, my last purchase was an 1883-CC (GSA NGC 65PL), because I like the VAM (5A, clashed).
    Select Rarities -- DMPLs and VAMs
    NSDR - Life Member
    SSDC - Life Member
    ANA - Pay As I Go Member
  • Coin FinderCoin Finder Posts: 7,232 ✭✭✭✭✭
    Morgan vams some... not all

    The less obvious ones seem overpriced kinda of like those over mintmarked Lincolns. Why pay extra for a blemish or small thing that is hard to see anyway, most dealers do not even notice.

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