rarities in dealer inventory?

sinin1

what rarities do you feel are a dealer inventory coin?
I will define that to mean that over 25% are owne by dealers for sale

1942/41 Mercury dimes?
1955 DDO Lincoln?
Wisconsin Hi/Lo leaf quarter?


or are these collector coins that are quickly placed

clw54

The quarters, maybe.

The others have been around long enough for a lot of collectors to have them.

Coxe

Seems like most of the 1894 Morgans (esp in low AU == nonsliders) are in dealer inventories and not collector collections.

edit>>> The date is a key (in higher grades) but not a huge rarity.

GoldenEyeNumismatics

I see a lot of 42/41 mercs in dealers cases.

Cam40

42/1 merc.
ugh
and i passed on one nice one at a show a few years ago.
it was raw and i couldnt figure out if it was authentic or not.
later i discovered the diagnostic that would have proven or disproved it.
it was easily au55 and the dealer was asking ...$320 i think.

WoodenJefferson

<<later i discovered the diagnostic that would have proven or disproved it>>

Care to share what that turned out to be, the diagnostic part of the 42/41 Merc?

HIGHLOWLEAVES

IMHO none of your three choices of coins. Your question does bring up some very interesting thoughts. The 42/41 Mercury Dime was out in circulation for sometime before the variety was discovered. The 1955 DDO was known to exist early on but was written off as being a rare variety. It was worth only a few dollars for some years.
Now we get to the two rare Wisconsin Extra Leaf State Quarters. Being a coin dealer who lived the Extra Leaf Experience here in Marion, Tx which is between San Antonio and Austin, Tx; none of the South Texas coin dealers to my knowledge held any of these money maker coins back !! The two large dealers in SA, Tx blew them out at a nice profit as soon as they bought them through the front door!! I don't think that they even kept the High Grades initially to send to the TPG !! A dealer in Kerville, Tx sold over a 150 sets back in the summer of 2005 to Lone Star Coins just before he went on a month long vacation. He was concerned that the bottom would be falling out of the two rare quarters in that short period of time. When he returned from his vacation, he found that the retail /wholesale prices had NOT Gone Down !!
Seiously, from the Texas side of the Wisconsin Quarter happenings, South Texas dealers did not hold the quarters back. Many coin marketers purchased these coins from Sa, Tx and many Arizonia dealers. Many sets of the quarters were passed from the Texas and Arizonia dealers through other dealers into the collectors hands. There are a few savy individuals that were fortunate enough to find BU quarters at a few Texas banks and they have sold some and kept some. Over time, these holdings are diminishing. None of the Texas coin dealers ever promoted in earnest these rare quarters. That was and is still being done by a small group of Tucson, AZ coin dealers. They are all offering the coins as graded coins/sets and have upheld the true value and rarity of these two coins. Thanks are in order to each of them and especially to Mr. Bob Ford who was kind enough to share the news of these varieties early on.

majorbigtime

I will define that to mean that over 25% are owne by dealers for sale


By definition, they are not rare!!

PerryHall

<< <i>I will define that to mean that over 25% are owne by dealers for sale
By definition, they are not rare!! >>



I can't think of any coin where 25% are in dealer inventories. The one coin where many are in dealer inventories is the High Relief Saint.

DJC

Maybe the 1909-S V.D.B... every show I attend there seems to be multiples in most cases. I'm sure plenty are held by collectors, so I don't know about the 25% mark, but there are a lot of S V.D.B.s in dealer inventories.

majorbigtime

<< <i>Maybe the 1909-S V.D.B... every show I attend there seems to be multiples in most cases. I'm sure plenty are held by collectors, so I don't know about the 25% mark, but there are a lot of S V.D.B.s in dealer inventories. >>




Ditto w/ 1916 SLQs!

Shamika

S-VDB, 3-legged Buffalo, 16-D Mercury

Coxe

50-D nickel. Some have rolls of them.

MrEureka

I will define that to mean that over 25% are owne by dealers for sale


By definition, they are not rare!!

So any R-8 coin owned by a dealer is "not rare"?

carl

I agree with at coin shows I see a lot of the above mentioned but I've been gong nuts trying to find a decent 42D/41 Mercury Dime. Many, many dealers have told me they have some but when I looked at them with as much as a 14X magnifier I just couldn't see it. They always claim it is real but I doubt it. I have never even met a collector with one. Now a slot in the Whitman Album and mentioned in the Red Book. So who has them?

majorbigtime

<< <i> I will define that to mean that over 25% are owne by dealers for sale


By definition, they are not rare!!

So any R-8 coin owned by a dealer is "not rare"? >>






Other than super rarities, any so-called mass rarity (like the cited examples) isn't rare if dealers stock 25% of 'em! Sure, if there are only 4 of an R-8 coin, and a dealer has one in inventory, it's still a very rare coin.

On the other hand...

'09S VDBs & '16 SLQs are not rare per se--there are thousands of 'em around, many in dealer inventories. Bothpof these examples are especially common as first year of issue by type.

DJC

Nobody has mentioned the 16-D Mercury yet... forgot that one. I see them in cases ALL the time, especially in AG... you could probably a dozen or two at any major show, easily.