Massive price increases

GoldenEyeNumismatics

Name a coin you bought when you were a lot younger that has since gone up tremendously in value. When I started collecting in the mid '90s I could pick up solid VF or XF 84 CC, 83 CC, and 82 CC Morgans for $20 each, give or take.

ddbird

Well since Im pretty young, the only coin Ive owned and seen really move was the 1878cc.

MS64s were plentiful for about $230 only a few years ago. Now they are upwards of $800...

123cents

1916-D Mercury Dime.

roadrunner

I purchased an XF45 1802 half (today makes AU) back in 1976 for
$575. Probably 20X that today. A very popular coin.

I'm sure there is no shortage of examples on moderns where the increase has been 50X or 100X in just the past 15 years.
Finding that kind of increase in classics would be much harder.
A 20-30X increase is not uncommon for superb gem type held over the past 30 years....when I was not far from being a kid.

roadrunner

Peaceman

Just 3 years ago I bought every 1928 Peace dollar I could in PCGS MS-64 for $ 650..... $ 1300 now....

longtimecollector

I remember buying GSA's for $28....... I also remember 73 Brown Box Ikes at $80...........
I remember 03-O Morgans at $30.........
I remember Morgans at face...........
I remember rolls of 09 VDB's (Uncs) at $200 or less..........
I remember sets of War Nickels in Unc at $25
I have envelopes showing Unc $2.50 Indians at $6.50@
I remember gasoline at 27.9 cents a gallon.........

Dang, I must be nearly as old as Puff

oreville

1945-P in super gem full band (MS-67FB) in 1973 was available for less than $300.

Today (MS-67FB) around $40,000. But try to buy one even at that price.

cladking

<< <i> I also remember 73 Brown Box Ikes at $80...........
>>



How about an MS-67 '73-D Ike in a $6 mint set bought in 1995 that lists at $4,650 now?

Coxe

Remember having GEM BU common commemoratives like Hugenot-Walloon, BTW, Wash Carver, Columbian Expo about 35 years ago. They have all gone up by a factor of ten in that time. That is between 6 and 7 percent annual average. Not bad for common stuff.

construct

Well, yes. I remember Morgan and Peace dollars at face. Anybody over 50 can remember that.

I bought an 1852 3¢S in Good in the mid 1960s for $2.75. Today it would sell for at least $20.

And we aren't even going to talk about generic gold, are we? I bought a 1900 $20 in NGC 62 for $377 about five years ago. What'll it go for now? $750? $800? Numismedia values it at $890.

rec78

I bought a 1817/3 vf bust half for $35 in 1977-still have it- over $300 now. Also got a 1807 50/20 bust half for $62 xf/au still have it in the original 2x2 that i bought it in. Also a 1879 Metric dollar pattern xf/AU for $400 don't know what this one is worth now.Still have this one also.

Russellhome

In the late 70's - as a pre-teen with only a few bucks a month to spend on coins, I got suckered into some 'modern crap' my my local coin dealer. He liked the potential of the 1970 S small date cent and always seemed to be pushing me to buy them - $1 ea. for BU. I ended up with a few. As percentages go, I made out pretty good on that deal.

PerryHall

1911-D $2 1/2 Indian

Artist

I began collecting in the early to mid 80s - stuff was pretty expensive then. When I started paying attention again back around 2000, i surprised how cheep everything was. Within a year or two, I had collected many coins that would have made me a YN proud. Now today of course most of that material has returned to or surpassed the levels I recall 20 years ago...

...I can't really single out a big winner; I am just glad I bought all the 'generic' gold I needed for my type set, much of it in MS63, back when I did.

CommemDude

I remember being offered a NICE Continental Dollar NGC61 ten years ago for 11K and thinking how expensive it was...today in excess of 50K.

About 4 years ago one of the Parsippany dealers offered me a very pretty PCGS 62 1796 quarter for 32K, again I thought... <what an overpriced coin>...now I see the same coin in F-VF offered for 32K.

My ability to predict the future of coin prices was not too good

19Lyds

<< <i>

<< <i> I also remember 73 Brown Box Ikes at $80...........
>>



How about an MS-67 '73-D Ike in a $6 mint set bought in 1995 that lists at $4,650 now? >>



Can't say as I actually remember that one! I'd sure like to have though............

dlimb2

I bought a complete set of IKE's in 1999 in a cherry box for $100....I have already pulled the 72 type II out of it and had it graded at MS 63...I have 5 or 6 more to have graded and I think they will come in at a 66 or 67 they are clean clean clean and toned!

ttxp

This thread is enough to depress most anyone with the "Should haves."

Smoker

A 1932-D MS (PCGS) quarter I bought in 1988 is now bid 6 times what I paid back then.

Cigs and gas used to cost 25 cents per pack/gallon at the stations and there was gas wars when I started driving. A new 4-speed 289 cu.in. V-8 Mustang cost $2,500 and Cadillacs went for $5,000 fully equipped.

pcpro

Gem RED Lincolns

PC

ColonialCoinUnion

When I was about 8 my father and I went to shows and I frosty common date cc Morgans with rainbow toning at $6 each.

Aegis3

Look at what errors have been doing. I purchased a foldover Lincoln 6-7 years ago for $100-125. Now, I doubt you could buy one for five times that amount. I remember seeing a double denomination avaliable for $100 about 15 years ago. Unfortunately, that was too expensive at the time and so I had to wait until my income caught up with the ever increasing prices and got one (11c piece) for $700 at the 2003 ANA. Now they seem to go for about $1200 already. Look at wrong metals. My nickel on cent blank and quarter on nickel blank were $35-50 coins when I purchased them. I think they're both three figures now. I purchased a bowtie indent dime for $35. What's it worth now? Tough to say, these aren't for sale very often.

Of course, there may very well be another side to spectacular price increases, that of the spectacular price decrease? Will it happen to errors? It wouldn't surprise me, but I also don't expect to see them drop to their old levels either.

amercoin

Common date 20.00 libs at 39.95 each.

librtyhead

I just got an old catalog from 1952 they had auctioned an 1895 proof morgan for 150.00when I get home tonight I will scan a few pages and post them.

kwmorgan

1914-D Lincoln cent. I bought mine around 2000 for about $90, its a definite F-12. I see them now listed in the coin rags for around $325. Yikes.

renman95

It's really not that long ago...but my 1908-D $5 Indian has gone from $400 to $1,600 in PCGS-62!

Bryan1315

the 1995-W Gold Anniversary Set it had the $50.00, 25.00, 10.00, 5.00 and $1 dollar Silver Eagle, cost $975.00 and now just the one silver eagle goes for a few thousand and thats without the Gold coins that i bought with it

techeff

I have some Indian Eagles that have almost doubled in the past year...

ClausUrch

1997 BU Jackie Robinson 5$ - few hundred at time of mint...Now $2,500 +++

Not bad for less than 10 years.

carl

When I was a kid a coin dealer near me had a small tray of 1916D Merc Dimes in the window for $1.50 each. I blew everything I had on them. Still have them. My Dad used to give me Real Silver dollars for an allowance. They were common back then and I spent almost every one at an amusement park called Riverview in Chicago.

coyotelittle

I bought a 1909-D raw for $200, PCGS Graded it MS62. Valued at $1600

Now that's cherrypicking!!!

rec78

When I was a kid a coin dealer near me had a small tray of 1916D Merc Dimes in the window for $1.50 each.

Wow--when was that? 1932?

DESERTRODENT

bought a 1874 3.00 gold dollar pcgs ms 60 for $300.00 in 1996

JZrarities

BU Flying Eagles for $20 (1978) that was my beginning...

Fairlaneman

Five years ago a TPG graded AU58 1916 D Merc Dime was offered to me for $4000.00 and I took too long to say yes. Today its about 10 grand.

Big mistake 5 years ago....

Ken

PerryHall

<< <i>I bought a 1909-D raw for $200, PCGS Graded it MS62. Valued at $1600

Now that's cherrypicking!!! >>



What denomination?

coyotelittle

$5 Gold 1909-D Indian

bushmaster8

I used to buy up all the full rim 1914-s Barber quarters I found at $10-$20 each. Now they are $100.

7over8

how about gsa cc's, take your pick, boxes and cards........as late as the early 90's for - -

82-84 $38-$40 ea (upwards of 50 at shows)
78 $70 (hard to find more than 5 at a show)
79 $1600 (tough to get one, but available if you ask)
80-81,85 $105-125ea (upwards of 10-15 at shows)
90,91 $200-$225ea (almost non existant at shows, when found, always a 91, never a 90)

I bought many coins at these levels and these were not baggies - I was pulling 63/64/65's and PL/DPL stuff at these levels. Once in a while a dealer would mark them up a few bucks for a real nice one. Bought a 78cc that has graded 65PL in the holder POP TOP at NGC, one of 5 for $80.

Also, I cant believe the market in GSA "cards" that would come with the coin. I always bought with the box and card. I met up the "King of the CC" or the CC King as he was known at the NY ANA, who after having a short discussion and buying a few CC GSA's...gave me.....thats right ...gave me for nothing...a 3/4 inch stack of cards for CC's GSA's....all dates.

Onto other things I remember 73-S Brown Ikes at $145 in 1981-1982. What a rip!!

7over8

also common to buy morgans for my set in the early 70's for 3-4 dollars each........and that dealer was high priced......

my dad passed on going 50/50 on a bag of Morgans in BU for FACE in 1963-1964 at the Treasury Depository in Wash DC........him and his buddy amassed $1000 in silver cert's at face and were to take the drive to collect thier bag on line in Washington DC.....his buddy went but he didnt. $500 seemed to be too much to spend on so-called investments or moreso hobbies in 1963/64.........

USMC_6115

A few years ago I bought a 1991 GAE in 1/2 oz. @ PCGS MS69 for a little over $600

Go look at what they are bringing now. And, everytime I check, they go up more!

I wish I could say all my coin buys were like that.

Michigan

1895-O VF Barber dime in B&M auction at $250 in 1983.

Value now - in the $1100 range. Not bad.

Elcontador

Well, it also goes the other way. I still can't get the $22.50 I paid for my FS 50 D Nickel forty years ago. Ditto re any rolls of 1955 S Cents in Unc.

Don't forget about many MS 65 & MS 66 type Barber Dimes and Quarters, and the 1883 N/C Nickel in MS 66 you may have purchased in the mid 90s. And of course, you're probably still underwater on pretty much anything you bought right before the last market crash in 1990-1.

19Lyds

Hmm. No mention of Modern Crap yet?

How about my $225 pair of MS65 Wisconsin Hi/Lo Leaf Quarters?