Any U.S. coins that had a 10x price gain since 2000?

rhedden

With a declining market the past 7 years, it's tough to feel good about price appreciation of most U.S. coins. However, there are some issues that made substantial gains since "the turn of the century" (2000). This thread is for discussing any such issues in series you collect, or perhaps you wish you collected- with the goal of finding some coins that increased in value tenfold.

I suspect it's not too hard to find a $2.50 coin that increased to $25, but it's a lot tougher to find a formerly $2,500 coin that currently trades for $25,000.

In addition, finding a previously unappreciated "modern" issue that increased 10X seems much more likely than finding a 19th century coin that made a 10X gain.

The 1909-O $5 Indian in AU58 comes close... these were trading in the $3,500-$4,000 range back around Jan. 2000, and they are now auctioning at $18-$24k in the same grade. Still, that's more like a 5-6X gain..... that might be the best I can do on a "classic" coin. Can you top this one with a pre-1934 issue?

Boosibri

I bet the 1864-S $5 has improved by that much, perhaps some of the Civil War $5's and $10's

rhedden

Wow, tough call on the 1864-S $5. There are so few of these known that price data are scant. I found a 1997 auction result for a PCGS XF40 for $11,500, while the last three XF45s to sell went for $44k, $44k, and $79k (in 2014). It's tough to make an apples-to-apples comparison when there are only 20-30 apples on the whole tree, and every one is different!

ricko

I can assure you that none of mine have had a 10x gain...oh wait.... there are some in

the back of the safe I have not even looked at in a long time... guess I should do some

inventory..... (off he goes whistling 'High Hopes') Cheers, RickO

amwldcoin

1860-S Quarter is probably a good candidate as well as the 70-CC



Edit the 49-O and several others I'm sure!

ctf_error_coins

Yeah, wish I knew then what I know now.

Broadstruck

The 1911-D $5 & $10 have done really good as I was buying AU58's for around $1200-1600 from 2005-07 and a $10 in OGH sold at Heritage last year for over $12K.

roadrunner

TDN has mentioned numerous times that he passed on the 1804 $10 PF65 back when it was available at $500K. A couple years later it traded for $5 MILL. Not sure if it's still worth $5 MILL today though.

COCollector

Originally posted by: rhedden

...

The 1909-O $5 Indian in AU58 comes close... these were trading in the $3,500-$4,000 range back around Jan. 2000, and they are now auctioning at $18-$24k in the same grade. Still, that's more like a 5-6X gain..... that might be the best I can do on a "classic" coin. Can you top this one with a pre-1934 issue?

1878-S half dollar. Wish I had one.



$850 graded G-4 in 1990 (dealer buying prices). Not sure about 2000.



Recent Greysheet says $24,000. PCGS says $31,500. NGC says $36,000.

Treashunt

10 X?



None of mine

winky

Good luck ricko, hope you find one jewel.

rhedden

1878-S half dollar. Wish I had one.

$850 graded G-4 in 1990 (dealer buying prices). Not sure about 2000.

Recent Greysheet says $24,000. PCGS says $31,500. NGC says $36,000.

I think we might have a winner on the 1878-s half. Seems likely that the AG/G grades have increased more than 10X since 2000. Found an "AU50" sold at Heritage in 1995 for $10,725, and I think an accurately graded AU50 might get close to $100k today.... but the lower grades likely win in terms of the percentage increase.

Remember the days when MS65 Morgans and Type coins were almost universally billed as "investment grade" coins? The coin investment pushers should have actually been telling us to buy rare date Seated in AG-3. Then again, how would they have put together a telemarketing promotion on that kind of material?

TwoSides2aCoin

Just waiting for the Hillary Gold Spouse coins.

Ronyahski

Seated quarter prices boomed during that timeframe, and have cooled more recently.



I bought and sold quite a few during that timeframe. The best performer was an 1869 25c in PCGS66, Pop 1. I bought it for $8,850 in 2001. It last sold for $80,500 a few years ago. That's 9.1 x.

unclebob

My question is what is the secret sauce, and why these coins over a much more popular Morgans, Lincoln cents, and Buffalo Nickel etc...

oreville

Many obw cent rolls from the 1940's to 1950's increased by more than 10x

s4ny

Cheerios 2000 $1.00

ctf_error_coins

Originally posted by: unclebob
My question is what is the secret sauce, and why these coins over a much more popular Morgans, Lincoln cents, and Buffalo Nickel etc...

The secret sauce is that these are NOT popular coins that everyone is following. Thin markets are much better for price fluctuations.

COCollector

Secret Sauce? Low surviving mintage.



For the 1878-S half dollar, officially there were 12,000 produced.



But reportedly only 50 survived.



So, buy overlooked low-mintage coins. Then start a rumor.

keets

I know that some Exonumia has done very well in this timeframe and the Variety market has also developed, both with books helping them become more popular.