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**Coins that sell above book value challenge**. Should be fun.

I'm hoping this can be a long, fun thread. What we are looking for are coins that sell higher than book value. Simple enough but I think set some certain parameters

1) "Book value" needs to be Red book, NGC Guide, or PCGS guide only.

2) "Higher" is relative but I think a coin that regularly sells for 150% its said book value is a good start. The higher the better---that is the point


This should be fun. It is a hard task to do. I am sure there are (I can list a few off top of my head) ' SUPER OBSCURE' coins that sell above their book value but the golden goose here is to find a coin that is popular but for some reason is way undervalued in price guides compared to what it sells for. I can think of a popular US coin that sells for WAY above its book value and has for years. I bet if this thread gets popular somebody will get it.

I think the biggest hint is to look at VAMS, errors, and just not standard designations that coins get (Like coins with special grading labels or things like DMPL, etc. etc).

I have plans....sometimes

Comments

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    LindeDadLindeDad Posts: 18,766 ✭✭✭✭✭
    The fact that I got it from the late Richard Green makes me not care what the book says anymore.
    imageimage
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    lkeigwinlkeigwin Posts: 16,895 ✭✭✭✭✭
    Are you asking about a particular minting that is undervalued by price guides? Or examples that are worth quite a bit more (i.e., extraordinarily eye-appealing ones)?
    Lance.
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    PatchesPatches Posts: 1,700 ✭✭✭
    Circulated 1897-S, 1907-S and 1909-O Barber Quarters come to mind for a series I collect.
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    << <i>Are you asking about a particular minting that is undervalued by price guides? Or examples that are worth quite a bit more (i.e., extraordinarily eye-appealing ones)?
    Lance. >>



    No not really.
    There are plenty of coins I am sure we all agree are undervalued.

    This is to find a coin(s) that is listed in price guides but actually sells (at auction and such) for substantially more. There are coins like this. I've always love find a coin and looking up on PCGS and then going over to Heritage and seeing said coin is selling for way more.

    Make sense?

    I have plans....sometimes
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    lasvegasteddylasvegasteddy Posts: 10,492 ✭✭✭
    top end toners can shake a head or 2 at final hammers drop

    to this subject...1965-67 sms in dcam.....(except the half and nickel denominations...these are common)
    but those others
    total pops to acquire that lofty designation are in most cases one that can be counted on one hand
    right venue...they'd never trade at or below price guide
    everything in life is but merely on loan to us by our appreciation....lose your appreciation and see


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    BaleyBaley Posts: 22,663 ✭✭✭✭✭
    draped bust half dimes (other than 1800) without damage, classic head cents (other than 1814) without corrosion

    Liberty: Parent of Science & Industry

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    high grade s mint no motto seated 2 bits
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    fcloudfcloud Posts: 12,133 ✭✭✭✭
    Both the 1921 and 1921-D Mint State Mercury dimes go for more than book (just the mint state versions).

    President, Racine Numismatic Society 2013-2014; Variety Resource Dimes; See 6/8/12 CDN for my article on Winged Liberty Dimes; Ebay

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    stealerstealer Posts: 4,039 ✭✭✭✭
    The entire Trade Dollar series save the dirt common dates which probably sell below guide prices.
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    I have noticed most all Barber halves in grades VF thru AU sell at a price substantially above the CDN. The AU 58's are way above MS 60 prices.
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    sparky64sparky64 Posts: 7,063 ✭✭✭✭✭
    The average, decent Proof BN & RB IHC's that I've noticed and followed go for more than all the guides you mention.

    The guides hate the BN's.

    "If I say something in the woods and my wife isn't there to hear it.....am I still wrong?"

    My Washington Quarter Registry set...in progress

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    Great post and good question you have. I think to fully understand why coins sell above book you have to also ask why to they sell under book. Here is an example, let say you have two MS 65 gem mint coins, one you look at and everyone wonders why it did not grade MS 66 or higher. This would be a coin that should sell above book. On the other hand you have the junk coin, this one is also, graded MS 65 but everyone that looks at it is wondering if it is even MS 63 or 64. This coin should sell of way below book. It's kind of the yin and yang of coin collecting.

    Pete Whitt


    www.pccoins.com
    Pete Whitt

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