<< <i>Some that come to mind are Eliasberg coins, and a few other big name pedigrees. Proof like Morgans seem harder to come by than they have been and prices may be off their highs, they are also well off their lows. Silver eagles may have made a top in price, but are certainly far more popular as a set than they were say ten years ago.
Tokens of many stripes do seem to attract more interest and stronger bids than in the past. However, unless a person wants to become a part time dealer there isn't a two-way market for them. There also isn't much dollar volume. The three most common CC Morgans (82cc, 83cc, 84cc) likely do more dollar volume, than all the tokens piled together. >>
Your comment about the lack of a two-way market for most tokens, particularly those from the 20th century, is right on the money. Most of their cost is actually a "service charge" from the dealer for even bothering to handle such cheap items. When it comes time to sell the dealers don't want this stuff back. It is either too common or the market for it is too thin. >>
I wouldn't judge the token market by what a few dealers offer (or don't offer) for them at shows. eBay/internet seems to be the main market for them. And there are a lot of tokens that are far from "cheap".
For example, here is a token I bought recently on the internet. I paid $175 for it. I like the combination of Detroit, gold, and guns, all on the same token. I bet if I took it to my local show to sell it, most dealers would probably offer less than $50 on it, partly because there is no "gray sheet" to look it up in. But if I were to sell it, I would do so on the internet, or to a high-end token specialist, not an average coin dealer.
<< <i>It appears to me that everything in the Bust Series coinage is gaining in popularity, at least the prices are going up considerably. >>
That brings up an interesting point. Do rising prices necessarily indicate gaining popularity? >>
According to the OP, only if it is a "two-way" market. >>
John re the second sentence, I think the answer is 'yes,' otherwise you wouldn't see the rising prices. I see less demand for gem type Barber material, if that's what you mean by a "two way" market.
"Vou invadir o Nordeste, "Seu cabra da peste, "Sou Mangueira......."
extremely warn early quarters are nuclear white hot, based on ebay look at the end of aaaallll the optimistic "buy-it-nows", you can find dudes asking $500 for a slabbed (poor details, scratched) holdered 1805-1807 wrecks. Most collectors would pass at 1/4 the price, and the "auctions" get renewed week after week forever it seems.
I wouldn't mind such a coin at $150 because I dig that stuff that's "been around a while", but not at that price
Comments
<< <i>
<< <i>Some that come to mind are Eliasberg coins, and a few other big name pedigrees. Proof like Morgans seem harder to come by than they have been and prices may be off their highs, they are also well off their lows. Silver eagles may have made a top in price, but are certainly far more popular as a set than they were say ten years ago.
Tokens of many stripes do seem to attract more interest and stronger bids than in the past. However, unless a person wants to become a part time dealer there isn't a two-way market for them. There also isn't much dollar volume. The three most common CC Morgans (82cc, 83cc, 84cc) likely do more dollar volume, than all the tokens piled together. >>
Your comment about the lack of a two-way market for most tokens, particularly those from the 20th century, is right on the money. Most of their cost is actually a "service charge" from the dealer for even bothering to handle such cheap items. When it comes time to sell the dealers don't want this stuff back. It is either too common or the market for it is too thin. >>
I wouldn't judge the token market by what a few dealers offer (or don't offer) for them at shows.
eBay/internet seems to be the main market for them. And there are a lot of tokens that are far from "cheap".
For example, here is a token I bought recently on the internet. I paid $175 for it. I like the combination of Detroit, gold, and guns, all on the same token.
I bet if I took it to my local show to sell it, most dealers would probably offer less than $50 on it, partly because there is no "gray sheet" to look it up in.
But if I were to sell it, I would do so on the internet, or to a high-end token specialist, not an average coin dealer.
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RIP Mom- 1932-2012
<< <i>
<< <i>
<< <i>It appears to me that everything in the Bust Series coinage is gaining in popularity, at least the prices are going up considerably. >>
That brings up an interesting point. Do rising prices necessarily indicate gaining popularity? >>
According to the OP, only if it is a "two-way" market. >>
John re the second sentence, I think the answer is 'yes,' otherwise you wouldn't see the rising prices. I see less demand for gem type Barber material, if that's what you mean by a "two way" market.
"Seu cabra da peste,
"Sou Mangueira......."
<< <i>It appears that some opinions here are wishful thinking based on things the poster personally collects or hoards... >>
I agree and was only using this as an opportunity to pump my current area of interest.
Latin American Collection
<< <i>
<< <i>It appears that some opinions here are wishful thinking based on things the poster personally collects or hoards... >>
I agree and was only using this as an opportunity to pump my current area of interest.
Fo shizzle. Might this be a pump before a dump?
RMR: 'Wer, wenn ich schriee, hörte mich denn aus der Engel Ordnungen?'
CJ: 'No one!' [Ain't no angels in the coin biz]
Rainbow Stars
<< <i>
<< <i>
<< <i>It appears that some opinions here are wishful thinking based on things the poster personally collects or hoards... >>
I agree and was only using this as an opportunity to pump my current area of interest.
Fo shizzle. Might this be a pump before a dump?
I am not dumping, but why not take a free shot for the promotion?
<< <i>It appears that some opinions here are wishful thinking based on things the poster personally collects or hoards... >>
Of course they are.
Coin Rarities Online
<< <i>Books >>
More specifically: Spiral Bound Red Books way more than hardbound the past 2 years.
``https://ebay.us/m/KxolR5
<< <i>Bust coinage, always!
ill agree with that. the earlier the better as well. bust gold works even better.
I wouldn't mind such a coin at $150 because I dig that stuff that's "been around a while", but not at that price
Liberty: Parent of Science & Industry