What classic series is going to prosper in 2008?
291fifth
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Classic means pre-1934.
Please give your reasons why.
Please give your reasons why.
All glory is fleeting.
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<< <i>Anything bust that's draped or capped. >>
<< <i>I don't want to be cute, but any series that is the subject of a well managed promotion. Seriously, what coin series is on the agenda for 2008 by the powers that be? These things truly sicken me, but it seems to be a dealer's birthright. >>
Ah yes, those well managed promotions. Wouldn't you like to know what the insiders have been buying up recently so they can bury the masses in them next year?
-David
WS
Early gold (pre-1834) also seems to continue to rise in price, but there is much more material at the marketplace. Prices are high, and given how relatively available expensive (but interesting) items like 1795 $5's are, I do not see much room for price appreciation.
With a new book on Charlotte gold expected to be published next year, interest may rise, but I do not see that prices necessarily will, except perhaps for the better date material. This was the case for Dahlonega and New Orleans gold when these books were released.
Better date $20 Libs (especially non-Shipwreck, branch mint pieces from NO and tougher CC dates, low mintage Philly issues from the 1880's, etc.) have also become scarce in the market and examples at auction seem to regularly sell for more than expected.
$3's had a sharp rise and then fall over the last couple years and would be ripe for an attempt at another promotion. The common dates are readily available, and the overall interest in 19th century gold series is strong.
There will be a lot of flowing hair and draped bust halves and dollars sold by Heritage at the FUN sale. Will these saturate the market or will they draw more people in?
The coins that roadrunner has been recommending, the better date seated quarters and halves in particular, seem to be under strong demand, especially in the mid-grade range and in the collector price point.
Most of the 19th century material that could be promoted in this market cycle, already has been. The rest is largely too scarce or esoteric, IMO. Perhaps a return to the early 20th century series (buffalo nickels, merc dimes, Walkers, and SLQ's)?
aside from CBH-dimes and CBH-dollars
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The current prices are still way too low for most of them, although there have been some significant gains this past year for the rarest of them, such as the early CC Seated Quarters.
As more collectors realize they are undervalued, there will be more pressure on these early Quarters, and the prices will continue to rise.
Ray
1. Early Lincolns (especially matte proof coins), 1909 P & S Indian Head cents (MS & proof). Both because of the 2009 anniversary, and fears regarding the future of the cent.
2. Capped Bust quarters. They are much harder to find than their dime and half cousins in dealer inventories.
3. AU55-MS65 Seated Liberty dollars. Still way too cheap, and the majority of the survivors are either low grade or won't grade.
4. Proof gold. Targeted by companies (Blanchard, etc.) pushing these to clients with deep pockets.
5. MS63RD-MS64RD-65RD large cents and half cents. These aren't commonly seen anymore, and are too cheap.
6. Proof half cents. Underpriced, and uncommon (MUCH less common than post-1857 proof minor coins).
7. Classic silver commem halves with eye-catching toning (blast-white, common ones will still be dead). These are going for crazy money, with no end in sight. And there are moderate numbers of them (including more recently out of ovens and kitchen labs).
I like the seated quarters too.
Dave
Brandon's mention of proof seated is right on. Assembling well-matched proof century birth proof sets has not been popular enough and I could imagine becoming so. Boomers are looking at 1842 to 1864 sets then. I'd really like to see more people take on tthat numismatic challenge of personal significance.
RYK's C & D gold is a good one. That stuff always has a following but sometimes the bigger herd is grazing in another pasture. A new and market accepted reference book always steers them back. Add to that the fact that much of this stuff that is certified has more problems than some might approve of for plastic encapsulation. That could help CAC out; who knows? Nonetheless, I think this is right on target and we might see some surprising numbers for the rarer completelyoriginal pieces.
1793-1794 large cents and some colonials have some room for further appreciation and a great move in sophistication for some numismatists who have their horns grown 5+ years now.
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gold type will fair quite well...in particular the 65's.
$1's, $2-1/2's, $5's, $10's, and $20 Libs. Pass on the Saints.
I'll take a swag and say the $5 Libs in MS65 are underpriced in
relation to the $10's and $20's. They should be 20% higher.
While type gold may not be a flyer like the coins below, the chances of them not going up or going down seems very limited imo.
Also agree with semi-key date seated (coins with pops in the 75 to 250 pieces known).
Also like gem MS/proof seated type in 25c's, 50c's and $1's.
Choice unc or gems of selected dates as well.
Bust dimes and quarters in 65 or better get my nod as well.
Bigger is better.
Of course there's no way to know how well rare coins will do if the economy takes a whallop. Hence my choice of gold type first.
The coins that roadrunner has been recommending, the better date seated quarters and halves in particular, seem to be under strong demand, especially in the mid-grade range and in the collector price point.
That figures....as I've been unable to buy any of these above Good.
roadrunner
JJ