Would like your opinion

Gusher65

Do you think the value of rarer coins are going up or down, and what factors cause it?

291fifth

For the coins that the wealthy trophy hunter collectors want the prices will probably remain strong as long a coin collecting is in favor among their peers.

Anything else that is not bullion related will probably decline slowly as the collecting population ages. Few young people show much interest in coin collecting. It is always possible that some future event may invigorate coin collecting but that is probably more unlikely than likely.

BryceM

Many of the coins I don’t own are going up. Those I own keep going down.

Beyond that, your question is FAR too general to answer with any degree of usefulness. For instance, do you collect 7-figure rarities or $20 coins in 2x2 flips? State quarters or 18th century US gold?

1Mike1

Yea my opinion is the high dollar rare coins that almost never come to auction will rise. If I wait long enough the prices of the low dollar widgets will eventually fall into my crosshairs.

BillJones

I think that prices for prestige items are going way up. The prices for okay, but not exceptional items are steady to a bit lower, while the run-of-the-mill stuff is going lower. This is true for political items as well as coins.

thevolcanogod

For those sets, unless you have high quality MS key dates and if the collection doesn’t have hold particular enjoyment or sentimental attachment, the best time to sell is when you want to. If your sets are circs pulled pulled out of change, you can remove the keys and sell the sets as sets. If they are all ms, you are probably best selling things individually.

BryceM

So.... many (most) of the dimes and other silver coins in that condition will sell for their bullion value. That value is pretty much independent of the collector market. The numismatic value will principally lie in a handful of key date coins. For those, condition is everything. Much of the market has been soft starting 2-3 years ago but there are segments that have remained strong. Many areas of the market show new signs of strengthening and there is a general sense of optimism.

Segments that may not be improving will unfortunately include material you’d find in average albums. Again, condition is everything and you might have some stuff that is currently hot. Can you post some decent photos of the coins you might think are the most valuable??

BryceM

Look forward to it. Do you have a Redbook to look up the keys and to get a basic idea of values?

ricko

@Gusher65 ..... Sent you a PM...... Cheers, RickO

Walkerfan

IMHO generic stuff is going down but better date coins in higher grade are going up and I’m not just talking about ultra rarities, either.

illini420

Really depends on the timeframe you're talking about... will they go up in the next few weeks or months, who knows? But probably not given transaction costs if you were to actually sell. But over a number of years rare coins have proven to do pretty well looking back.

blitzdude

Market seems very soft to me. The younger generation doesn't seem interested in coins at all. I suspect the flood of Chinese counterfeiters and western governments refusal to address the problem doesn't help matters either. The metal value of gold and silver coins may continue to rise due to the massive debt bubbles but I'd bet the rare coin market is headed for even softer times.

BuffaloIronTail

@Gusher65 said:
So I'm trying to get my microscope to take decent pictures. But the thing I'm learning from the answers so far is that common dates and mint mark in circulated condition aren't holding their value very well. And earlier dates in very circulated condition are in the same boat. But that key dates seem to be doing pretty well historicly.

Key coins usually hold their value. Sometimes they really shoot up.

One example: I bought a raw 1918/7 Buffalo Nickel Overdate from a dealer back sometime in the 1990's for $500.

The coin slabbed PCGS G-6 and is now worth over $1000.00.

Some coins don't appreciate as much.

I got lucky.

Pete

coinpalice

as long as you don't collect u.s. mint products coming out you will do ok

Cougar1978

They seem stagnant right now. A dealer set up to me recently commented on how classic Commems were cheaper than 25 years ago. This is largely true except for the Gettysburg for instance.

I would not spend beyond a tight budget. The wealthy will always be able to afford the scarce, top pop super big ticket issues. The declining pop of collectors is of major concern. Prices could fall lower.

Gusher65

@BryceM said:
Many of the coins I don’t own are going up. Those I own keep going down.

Beyond that, your question is FAR too general to answer with any degree of usefulness. For instance, do you collect 7-figure rarities or $20 coins in 2x2 flips? State quarters or 18th century US gold?

My Dad and Grandmother left me their collections almost 30 years ago. There is a lot of really spectacular coins and some run of the mill stuff. All the coins have been in 2x2's or airtights since the 40's, or albums. So what I have is what my family members cherry picked or found in their change. Example. I've got 7 buffalo nickel albums...no complete sets and (2) 3 legged buffalo nickles and most of the key dates ranging from good to xf. Not to mention the sacks of buffalo common dates that are just here. Same story with the mercury dimes. 6 almost sets with 1 or 2 holes and a thousand that are just hanging around. Only thing I have complete is wheat pennies, walkers, Washington quarters, and peace dollars. Even with those I've got a ton a spares. Thinking about culling the herd if it's a good time to sell. Don't want to bale during a down time.

Gusher65

@BryceM said:
So many (most) of the dimes and other silver coins in that condition will sell for their bullion value. That value is pretty much independent of the collector market. The numismatic value will principally lie in a handful of key date coins. For those, condition is everything. Much of the market has been soft starting 2-3 years ago but there are segments that have remained strong. Many areas of the market show new signs of strengthening and there is a general sense of optimism.

Segments that may not be improving will unfortunately include material you’d find in average albums. Again, condition is everything and you might have some stuff that is currently hot. Can you post some decent photos of the coins you might think are the most valuable??

I can try. I've got a USB microscope that cost $100 bucks, but the pics are never as good as the ones I see on here. There's a PCGS dealer who said he'd come check out which Morgan's I should grade. But I'll post the best buffalos and Mercury dimes I have according to date and mint mark.

Gusher65

@BryceM said:
Look forward to it. Do you have a Redbook to look up the keys and to get a basic idea of values?

I've got one that's 20 years old, so I have been checking out the different websites with coin values. Should probably et a new one though.

Gusher65

So I'm trying to get my microscope to take decent pictures. But the thing I'm learning from the answers so far is that common dates and mint mark in circulated condition aren't holding their value very well. And earlier dates in very circulated condition are in the same boat. But that key dates seem to be doing pretty well historicly.

Gusher65

I've got to get a better system for taking pictures. That took 15 minutes to take 4 pics.

Gusher65

Gusher65

The gal from 1944 doesn't go with that torch.

derryb

agree