FUN Auction - Liberty Nickels

Elcontador

Have looked at the MS 65., MS 66 and MS 67 Liberty Nickels that were just sold. Coins with the "right holders and stickers" which had nice eye appeal, some of which were shot coins, went for strong money. Everything else, not so much, and some of the prices were less than I expected them to be.

From what I saw re auction results, if you collect this material, you should not pay a strong premium for a coin which is strictly solid for the grade. Pricing on this material has weakened. People seems to paying premiums of various sizes for plus coins. Note, I did not personally view these coins, but had lot consultations from someone I trust on eight of them.

phantom1701

Seems to me to be the case with just about all coins these days. Hefty premiums for eye appeal, rainbow toning, stars, +'s, etc.

291fifth

The market continues to become more and more selective. I'm not surprised.

291fifth

Oops, double post. Sorry.

dbldie55

Some that I watched went for quite a bit less that when last sold. Ex. the 1884 in MS66+ went for $5,400 but sold for just under 10k in 2012.

winky

I have always loved Liberty 5 cents but waited too long to collect them. Actually I just love all coins especially the small eagles of 1794-1797 dollars. If I ever win the lottery I will deplete the market and buy everything.

Cougar1978

I bid up the ones I like until I win them. As far as market, its a non controllable so don't worry.

Analyst

291Fifth:<<The market continues to become more and more selective. I'm not surprised. >>

In this respect, the "the market" now is very similar to what it was in Jan. 2014 and in Jan. 2013. From 1997 to 2007, there was a wave of coin doctoring and quests for upgrades. When the recession of 2008-09 hit, more and more coin buyers started to focus on the physical characteristics of the coins, rather than just trading plastic holders. Of course, there are still some people who 'buy the plastic,' so to speak, but they constitute a smaller percentage of coin buyers now.

How will Coin Collectors Interpret Certified Coin Grades in the Future?

ElContador on a specific set of Liberty Nickels that was auctioned at FUN, <<Everything else, not so much, and some of the prices were less than I expected them to be. >>

I wrote about one of these and I considered writing about some others in the same set. My impression is that, for the most part (not in every case), the prices realized were consistent with the respective physical characteristics of these nickels; neither strong nor weak. Generally, I did not expect them to bring more than they did.

Rare U.S. Coins Fare Well in FUN Auction: Coin Market Levels Remain Stable

WTCG

Most of it has to do with current demand. In general Nickels are fairly weak and hard to sell at this time.