Has draped bust coins went up in value in the last few months????

bosco5041

or maybe the last year.

BustHalfBrian

Definitely within the last year, at least the half dollars. Even more so with capped busts.

rhedden

Yeah, prices for nice AU Bust halves continue to ramp up. I actually feel like Bust halves are no longer a good buy. I remember when I started collecting them in 2000, they were so ridiculously undervalued that I bought every nice one I could get my hands on. Now I buy like one bust half per year, and they're just cherrypicks that I got to first. I feel a lot better about the quarters and dimes, though. *wink**wink*

19Lyds

Well has they??

Unknown

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BustCuds

Seems Quarters and Halves have been steadily rising the last few years

bosco5041

I guess I should have been a little bit more specific. I was talking about draped bust dimes, quarters, halves and dollars. If my memory is correct it seems like you could buy a VF-30 draped bust dollar (common date) about a year or so ago for around $2500, now they are around $3000.Could be I was just finding PQ coins here lately.

bosco5041

<< <i>Yeah, prices for nice AU Bust halves continue to ramp up. I actually feel like Bust halves are no longer a good buy. I remember when I started collecting them in 2000, they were so ridiculously undervalued that I bought every nice one I could get my hands on. Now I buy like one bust half per year, and they're just cherrypicks that I got to first. I feel a lot better about the quarters and dimes, though. *wink**wink* >>

Yes, the halves have shot up also, and the quarters even more it seems.

Walkerguy21D

Well, I don't have specifics or knowledge of the 'PQ' coin market, but one of my friends who does a lot of wholesaling on the
national circuit said in the past year that the real market for bust dollars can be well below Bid.....and he was making $ by
buying them from national dealer X who wanted out, to small time dealer Y who looked at the Greysheet and paid accordingly.

Now, we're not talking primo CAC stickered OGH XF/AU bust dollars, just the generics, FWIW.

Another part time dealer friend who loves quarters told me at Winter FUN that he pays way over Bid for large size draped and capped bust quarters in PC and NGC holders, or raw problem free coins that could get holdered, and that they sell quickly for him.

mozin

Sure, the prices on Draped series coins have gone up this past year. My problem, is that they cost so much now, that I pretty much do not look at them. I will stick with the Capped Series.

thisnamztaken

In a word...YES!

Baley

By far my favorite coins, yes they've gone up and will probably continue to do so. The only reason they aren't much, much higher already, due to their relatively small supply, is that there are so many other kinds of coins that are "easier" to find, and find problem-free, that most coin collectors do not own any draped bust coins, or maybe have a couple as type coins, and are not motivated to pursue them further.

Thank goodness the US mint has obliged commerce and collectors the past 200 years in providing better made coins in high numbers with relatively low attrition.

lordmarcovan

It's all because of the Draped Bust coin thread I posted in June.


I guess I'm a market-mover after all.