Is there a popular common coin who's price is indicitive of the overall market?

TheLiberator

The 1950-d jefferson nickel comes to mind. This is a common coin but it is th elowest mintage in the series. A year ago it was trading for around 50 bucks on ms-65. Now it is down to about 15-20.

Are there any coins out there that really are good tools to measure the rest of the market?

StampAlarm

As soon as I get my CDN I check the common date Morgans.



Jerry

roadrunner

For years I would have said an MS65 Barber quarter was very indicative of how the market was doing. Worked fine up until the past few years. I'd say today that a MS65 seated half is somewhat indicative of the overall market as a whole. Morgans are too generic as are $20's and highly manipulated.

roadrunner

ColonialCoinUnion

<< <i>The 1950-d jefferson nickel comes to mind. This is a common coin but it is th elowest mintage in the series. A year ago it was trading for around 50 bucks on ms-65. Now it is down to about 15-20.

Are there any coins out there that really are good tools to measure the rest of the market? >>



So your indicator suggests that the overall market is down somewhere between 60-70%? I think you might need a new indicator.

claychaser

My vote would be common MS65 Morgans.

circulated

IMO the coin market is following the precious metals market. One might even say that the coin market is part of the whole flight to hard assets, commodities, etc. While this may bring premiums down on common date gold coins, I think that makes the correlation even tighter... While I think the coin market as a whole has different trends within it, I do think that the entire thing is being dragged around by precious metals prices.

In light of this, I would say common date St. Gaudens MS63 is a good indicator.

TheLiberator

<< <i>

<< <i>The 1950-d jefferson nickel comes to mind. This is a common coin but it is th elowest mintage in the series. A year ago it was trading for around 50 bucks on ms-65. Now it is down to about 15-20.

Are there any coins out there that really are good tools to measure the rest of the market? >>



So your indicator suggests that the overall market is down somewhere between 60-70%? I think you might need a new indicator. >>



Hahaha! I guess that is why I am posting on here!

I wasn't REALLY using it as an indicator I guess. I just noticed how much it fluctuated so I wanted to pose the question about what coin IS a good indicator.

a039

Great question!