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Would you still consider Barber's "sleepers?"
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I remember several years ago, everyone refered to Barber's as "sleepers"... coins that were greatly undervalued and would soon have a large price increase.
Would you still consider them to be sleepers? Seems like over the last couple years they've undergone a significant price increase for the quality, rare material.
Would you still consider them to be sleepers? Seems like over the last couple years they've undergone a significant price increase for the quality, rare material.
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From what the more veteran Barber members have said, the higher graded material is still asleep...
The price guides have not caught up with the reality of what the keys and semi keys are actually selling for
and regardless of the newer prices being posted they are severely undervalued.
There are only a few dozen dyed-in-the-wool Barber collectors on the PCGS Registry - and a few of us have - or have had - multiple sets goins at one time. Should there ever be a resurgence in collecting Barber material as there is for Buffalo Nickels the prices for original Barber coins - almost inclusive of all grades - would skyrocket.
I'm always searching for upgrades in all three series and am pleased that they are still reasonably priced
considering their rarity.
~~~~~~~~~~~~
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This is an undervalued area of the market...especially the really nice NATURAL toned better dates.
<< <i>My Barber dime registry set has probably gone DOWN in value over the last two years. Show me another area in classic coins where you could own a near-complete set of PCGS certified coins and actually lose money in this market. BU Barbers are expensive, and only a few people collect them. >>
What's your grade average? Makes a BIG difference.
I'm only into VF-XF stuff though, not really MS stuff. I just collect them because I like their appearance.
The rise in price of the 1909-O should tell the tale though. If there's really that much hoarded stuff out there in VF+ that hasn't made it into slabs, this date should be the next to show it.
The 1914-s has been more expensive for some time now and only shows signs of having higher populations in the G-VG material only, ... anything above that, has not made it into holders despite the higher prices to any meaningful degree. A few here and there in F and VF perhaps. If I'm wrong please let me know.
I do know one thing... given the choice between say, this 1890-CC morgan dollar I'm looking at on heritage in PCGS MS64 with a population of a staggering 1837 by PCGS alone with some 250 higher, that sold for $1500, and.. let's use a recent expensive example, that 1909-o barber quarter that just sold for $1400 on ebay in XF-40 that is a POP 2 with 46 higher, I know what my choice will be.
a buy opportunity. As Mad Money would say, "BUY, BUY, BUY"
Such a rest period in a fairly active market ,allows you a
greater selection of coins to select from.
Camelot
Not a whole lot is sleeping these days.
The one exception would be mint state material.....
Tyler
<< <i> I wouldn't spend the money for any grade 1904-S Fine or higher based on the current market prices.
Tyler >>
....Now, thanks to JJ Teaparty's latest pricelist you can include VG10 in that group....$309????????
even in low grades. Will Have to wait a while to see what happens...
Still a sleeper.
as to rarity and undervalue?
Camelot
(At least until I get the last two Barber halves I need to finish my set)
Steve
Ugly! (did I already say that?).
Please, DO NOT COLLECT THESE DOGS!
Dave
Taste for Barbers is definitely an acquired one.I think Barber was inspired by the French coinage.If you compare his rendition of "Liberty" to that on French coins of this era you will see similarities.
There are no sleepers in any of the Barber series,in my opinion. It is well-known that many of these dates are very tough to find but still, they seem to me to be mostly fully priced and some seem to be overpriced.
What are you gonna do,though? To acquire some of the Barber dates you have to allow yourself to be in the mode of not caring about how much you pay.
Great spirits have always encountered violent opposition from mediocre minds.-Albert Einstein
Rhedden is right about the dimes. In MS 65, most of the type coins were a good 25% or more expensive ten years ago than they are now.
Re the quarters, it depends. The S mint coins have never been cheap in MS 65, assuming you could find them. Any of them. Philadelphia mint quarters in 5 and 6 haven't gone anywhere in the last several years. I have not followed New Orleans coinage in this series, so I can't comment about it.
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"Sou Mangueira......."
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I guess buying barber quarters from sites and reselling them on ebay could be a profitable venture.
bring when compared to much lower pop. seated coins.
The last few auctions I've watched are just amazing for
the bidding action and prices. you would think they are bidding
on seated dollars or something.
Obi Wan Kenobi--You don't like Barber Material!
Collector-I don't like Barber material
Obi Wan-Move along to Morgans
Collector-I'll move along to Morgans..........
Looking for Denmark 1874 20-Kroner. Please offer.
I guess I better keep my mouth shut, I wouldn't want all my favorite online dealers to start listing them all on ebay rather then setting a specific price on their sites.
You're right, the seated stuff is an even better bargain, and I bought some last year, but it's not just supply but demand, as barbers are a newer series, I believe that interest in them will cause the prices to perform better then seated stuff.. but who cares, collect what you love! Barbers are pretty coins, too! (as are seated)
I guess I better keep my mouth shut, I wouldn't want all my favorite online dealers to start listing them all on ebay rather then setting a specific price on their sites.
You're right, the seated stuff is an even better bargain, and I bought some last year, but it's not just supply but demand, as barbers are a newer series, I believe that interest in them will cause the prices to perform better then seated stuff.. but who cares, collect what you love! Barbers are pretty coins, too! (as are seated)
<< <i>Shhhh. Quiet. Nothing to see around here. Move along.
Obi Wan Kenobi--You don't like Barber Material!
Collector-I don't like Barber material
Obi Wan-Move along to Morgans
Collector-I'll move along to Morgans.......... >>
1/4 the number of collectors?
The barber coins also span a time of history that isn't as distant, and some of these coin circulated even into the 1950"s and 1960's, still within the lifetimes of many current collectors. My maternal grandparents were born in 1886 and 1898 which include times of seated and barber material.