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ARE THERE ANY SERIES OR SINGLE COINS YOU WOULD CONSIDER UNDERVALUED???
wrighty
Posts: 837 ✭✭✭✭
IN THIS "HOT" MARKET WHAT DO YOU THINK IS UNDERVALUED??? IF ANYTHING RIGHT NOW????
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wrighty
Posts: 837 ✭✭✭✭
wrighty
Posts: 837 ✭✭✭✭
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I think tokens are undervalued. I know its not US minted, but they are still fun to collect.
My fav are Namco Tokens, you think PCGS would grade one for me?
Edit: I like tokens and tokken! LOTR FTW!
They are always undervalued.
What is now proved was once only imagined. - William Blake
Especially WC's and Booker T.'s., These are being almost toally ignored.
Also Silver Proof sets from 1992-1998.
Bob
Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."
<< <i>Low mintage early commemms (1892-1954),
Especially WC's and Booker T.'s., These are being almost toally ignored.
Also Silver Proof sets from 1992-1998.
Bob
Bob, I totally agree on the BTW's and Carver/Washington's. I have been saying for years the most undervalued coin is the 1951-P C/W half. With an MS-65 pop of around 125, it is the rarest coin in the entire early commem series. I recently saw a 51-PDS set of C/W's all MS-65, that could have been boughr for around $500. As recent as within the last two years I have bought MS-65 BTW"s on eBay for as little as $19. The highest pop in both sets is the 1946-P BTW at 1021 and listed in PCGS Price Guid at $60. The Antietam has an MS-65 pop of 1325 and listed at $925 and rising.
Oscar Wilde
Collect for the love of the hobby, the beauty of the coins, and enjoy the ride.
Clothes make the man. Naked people have little or no influence on society.
19th century type - copper, nickel, and silver (ie. stuff not promoted
via Registry fever) in most all grades, but esp MS64 and higher.
This covers a lot of ground. MS65-66 bust coinage still underpriced
and not available.
Early bust coinage in original condition without problems
Better date Morgan & Peace dollars in MS65 and up
New Orleans mint coinage (half dimes thru quarters, gold too)
Classic commems in original gem grade
Tougher dated 19th century pieces - if you are going CDN, many are
underpriced.
roadrunner
Gold - generic $1,
Uncirculated/BU rolls of 90% silver dimes and quarters dated in the 1950's that are not selling at that much of a premium to the silver bullion price.
I also like G-VG Indian head cents and liberty head nickels. Even circulated Liberty walking halves.
<< <i>Undervalued?
Uncirculated/BU rolls of 90% silver dimes and quarters dated in the 1950's that are not selling at that much of a premium to the silver bullion price. >>
I was going to say that very thing, so instead I'll second your opinion.
The later 50s aren't selling at ANY premium over melt these days. Well, eBay not withstanding. You can never tell what folks there will bid some items up to.
It always amazes me to see an UNC roll of 56 quarters(or anything similar) at moon money with several bidders going at it and then a search will reveal two more going within the next 24 hours or less with virtually no action and close at 35% less.
John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
Experience the World through Numismatics...it's more than you can imagine.
are some that are nearly common even in MS-65 so if you just throw money at moderns
then you'll probably end up with lots of slabbed, common coins. Most of these lower end
coins are not even worth the grading fees so they can be picked up very cheaply. Original
BU rolls are quite scarce for many of these but can sell for less than double face value.
People scoff at moderns but the collector base is still growing. They speak of tulip manias
like the roll and bag boom of the mid-'60's where these same people were out paying
huge premiums for recent date coins that were saved in vast quantities. There are still
so many of these coins available that some of the darlings of that era are cheaper than
rolls made yesterday!! And all they time they laugh at scarce coins that are up to 40 years
old.
There are many coins that are undervalued from all places and all times. One doesn't have
to get far off the beaten path to find 3c nickels or Japanese silver.
Those who scoff at modern US coins or other coins which have never attracted a lot of at-
tention are simply making a bet. They are betting that the new generation of collectors
will be interested only in the same coins they are. They are betting that the world doesn't
change and one can stop time if they drag their feet loudly enough.
<< <i>The Walking Liberty short series. >>
MS65s are down 30%-50% from about a year ago.
My icon IS my coin. It is a gem 1949 FBL Franklin.
Savic
<< <i>Most mint state moderns are grossly undervalued in MS-64 and better condition. There
are some that are nearly common even in MS-65 so if you just throw money at moderns
then you'll probably end up with lots of slabbed, common coins. Most of these lower end
coins are not even worth the grading fees so they can be picked up very cheaply. Original
BU rolls are quite scarce for many of these but can sell for less than double face value.
People scoff at moderns but the collector base is still growing. They speak of tulip manias
like the roll and bag boom of the mid-'60's where these same people were out paying
huge premiums for recent date coins that were saved in vast quantities. There are still
so many of these coins available that some of the darlings of that era are cheaper than
rolls made yesterday!! And all they time they laugh at scarce coins that are up to 40 years
old.
There are many coins that are undervalued from all places and all times. One doesn't have
to get far off the beaten path to find 3c nickels or Japanese silver.
Those who scoff at modern US coins or other coins which have never attracted a lot of at-
tention are simply making a bet. They are betting that the new generation of collectors
will be interested only in the same coins they are. They are betting that the world doesn't
change and one can stop time if they drag their feet loudly enough.
Absolutely correct you are Cladking!
I am an older collector (57) who enjoys collecting the 'classics' most of all, BUT also get much satisfaction from the 'moderns'.
And times, they are a-changin!! Younger collectors see the 'classics' much as most of my generation saw early coinage (colonials-civil war): nice but unapproachable and mostly irrelevant.
Coin collecting as a hobby was nearly dead by 1998; prices down, coin shows were more like funerals than the vibrant gatherings they used to be, etc.
THEN, along came the states quarters program and brought huge numbers of 'casual' collectors into the hobby. Many, actually most, are still 'casual' collectors,
BUT many more have gone on to collect much more, and this is exactly what is driving the 'moderns' upward. And it will continue to grow in leaps and bounds, BECAUSE, this is the world they were born into, and what has circulated and been readily available.
I don't have any of these, as a guy can only collect so many things (and on my budget, a guy can only collect fewer than that) but if I had ten thousand dollars sitting around & wanted to build a new group of something incredible and rare, that's probably where I would go.
and it sets us apart from practitioners and consultants. Gregor
<< <i>I thought this one was, so I bought it. >>
Nice catch DHeath! Not very many of this date around in this kind of superb condition. You are ahead of the curve regarding 'moderns' such as this one. Congrats!!
Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870
<< <i>I think the 1909-S VDB in PCGS 67RD is the cheapest coin around. >>
Actually, I think the 1909 P in high grade is more undervalued. Just TRY to find on, especially in PQ!!!
<< <i>
<< <i>Low mintage early commemms (1892-1954),
Especially WC's and Booker T.'s., These are being almost toally ignored...
Bob
Bob, I totally agree on the BTW's and Carver/Washington's. I have been saying for years the most undervalued coin is the 1951-P C/W half. With an MS-65 pop of around 125, it is the rarest coin in the entire early commem series. I recently saw a 51-PDS set of C/W's all MS-65, that could have been boughr for around $500. As recent as within the last two years I have bought MS-65 BTW"s on eBay for as little as $19. The highest pop in both sets is the 1946-P BTW at 1021 and listed in PCGS Price Guid at $60. The Antietam has an MS-65 pop of 1325 and listed at $925 and rising. >>
The reason the Bookers and Wash-Carvers LOOK too cheap, considering their low pop numbers, is that many of us Classic Commem collectors do not like the designs.
The earlier Classic Commems have a lot more character, when compared with the last Classic Commem issues, the WC and Booker Ts. I say I collect the complete Classic Commem set, but in fact, I avoid the WC and Booker T issues. I would rather have a group of those outstandingly designed Antietams you mentioned than the entire WC and Booker T sets.
<< <i>ARE THERE ANY SERIES OR SINGLE COINS YOU WOULD CONSIDER UNDERVALUED??? >>
Every coin I own.
https://www.pcgs.com/SetRegistry/collectors-showcase/world-coins/one-coin-per-year-1600-2017/2422
<< <i>I thought this one was, so I bought it. >>
This is a spectacular piece and very nearly unimprovable.
Indeed, even finding one in the same class as this one would be a massive undertaking. Yet most will look at this and laugh about a fool and his money. It's difficult for me to understand why someone would sell such a coin at the current absurd prices.
My 1866 Philly Mint Set
1878-CC T$1
1936-D 25C
Jerry
and it sets us apart from practitioners and consultants. Gregor
Awesome looking 1982-P quarter. They usually come so lousy. I saved every nice one I could back in 1982-1983.
I almost quit the coin collecting hobby in early 1983 as the US Mint hit a new low in issuing nice looking new coins with those 1982's.
I thought the 1982's were so awful!
But then again, so were most of the exalted 1926-S issues of many denominations, but fortunately I was not yet born to complain about it then!
<<US-Philippine issues. Some incredible designs, produced under US authority at US mints for a US territory, with miniscule pops yet available in higher mint state & proof - when you can find them at all -- for crazy fractions of what equivalent Barber-series coins would cost.>>
I just bought a 1903 20 Centavo coin certified PR 63 by PCGS at the SC show today. I'll post photos of it later. It was cheaper than a 1903 proof Barber quarter and looks nicer too.
<< <i>Quarter eagles ( not indians) >>
Tell me about it. I had a bunch of San Fran $2.5 and $5 Liberties from the 1860s and 1870s that I got tired of not seeing any movement in. They are quite difficult coins to find, particularly problem-free and in XF and above. Sold them all out in January after waiting 20 years to see anything substantial move.
New Orleans half dimes in choice (MS63) and above are slightly better but still undervalue IMO based on their numbers. Half cents, particularly Braided Hairs and later Classics, haven't participated much. I don't see rare KN designated Fugios out there breaking price records either.
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