In the age of the internet is anything really "undervalued"?
291fifth
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291fifth
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Relative to other things something is always undervalued. Question is if it will ever become fairly valued.
Latin American Collection
In theory the stock market, which has FAR more money flowing through it than any collectible, is efficient. As we all know, that is not the case... not only for individual stocks, but also for the market as a whole when either greed or panic set in.
U.S. Type Set
MS63 Sacawageas are undervalued. They can still be aquired for face value.
Yes, but they can only be sold for 95 cents.
Common sense is very undervalued.
Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc
5% loss. Not a bad net return.
Pre-1808 US type in problem free good to fine is way undervalued, particularly R4 and better varieties.
When i see last month's pop 10000 all perfect going for more, i just laugh and laugh. And buy.
Liberty: Parent of Science & Industry
Those who don't have it don't recognize it.
Great transactions with oih82w8, JasonGaming, Moose1913.
Less fees.
Anyone who collects varieties will tell you there are a lot of rare coins priced at common prices. You just have to do your homework and spend the time finding them. The internet actually opens up many more possibilities to find these types of treasures in my opinion.
This posting/question is the equivalent of asking whether purple or blue unicorns are the most beautiful.
10-4,
My Instagram picturesErik
My registry sets
In this modern internet age a seller is well equipped to do basic research on what they have to sell. For any item in general it is tough to find undervalued things for sale, unless as mentioned before, varieties are hidden or unknown to sellers.
Regarding undervalued coins, in my opinion Jefferson Nickels 38-64 could be undervalued, otherwise I have no idea what is undervalued or I would buy it up.
https://www.autismforums.com/media/albums/acrylic-colors-by-rocco.291/
Not clear on what you guys are talking about.
I have nickels. A lot of them are common...
https://www.autismforums.com/media/albums/acrylic-colors-by-rocco.291/
There will be undervalued coins until everyone knows everything about all coins.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
I think knowledge is key to finding value in coins. I'd think the internet probably makes it harder for a group of dealers to successfully promote coins.
I see all the time gold coins that sold on the internet end up crossing to a PCGS holder and/or obtaining a CAC sticker and selling for sometimes multiples of its previous price.
Kind of a silly question, everybody knows purple unicorns are the most beautiful 😊
Gazes: Not just gold.
"Undervalued"? You couldn't find that on EBay especially in the Dollars section.
Any niche market (exonumia comes to mind) can be given wildly contrasting values seemingly day to day. When things are not traded often, have low populations, and experience an increase in popularity, they can go from "undervalued" to "overpriced" in a heartbeat. Bolens anyone?
The trick is finding the market for those pieces before the trends begin.
Dead Cat Waltz Exonumia
"Coin collecting for outcasts..."
'Undervalued' is a relative term.... relative to the interested individual that did not see the item when it was priced cheaply by an uninformed seller. The buyer of such an item calls it a 'good deal', or, in our case, a 'cherry pick'. Cheers, RickO
People put together a set of British gold or states quarters and think they know everything about coins. Of course before learning everything about coins they had thought they knew everything about everything.
Something tells me there will always be dramatically undervalued coins.
"In the age of the internet is anything really "undervalued"?"
The net merely serves to show what is available and to make it available. But even at these jobs it is hardly perfect and can't show what is beyond current definitions, excessively rare, or wholly outside of demand. The net can't really set prices on such "coins".
"Demand" for something is not often measurable. Where people are starving there is a great deal of specific demand for a crust of bread. Every individual will strive his utmost to obtain it. But coins are not necessary to life and even collectors can share a passion or a hatred for various types of coins. Each collector has his own desires and some coins can be low on the list of those for which most collectors have specific demand; a coin is being casually collected by most.
But more importantly is that people are highly social creatures. We tend to act in tandem and in groups. History has a way of forever evolving but it changes as well. Pendulums swing and nobody likes to be left behind or to let the "jones" get too far ahead. Since collectable prices are set principally not by supply but by demand and demand is a highly fluid quantity there will always be perturbations and wild swings in prices.
For many years I've used Chinese '50's era aluminum as an example of greatly undervalued coins. In theory you could have picked up a roll f them for a buck or two when I joined here. Now they are going for as much as $1000 for a single coin.
The net can't fix the fact that everyone doesn't know everything even if some people seem to believe the Siri does. It can't stop time in its tracks or the tide from going in and out. It can't teach or recognize common sense. It can't make coins available that don't exist and it can't create demand where none exists.
Old Thread Update
That’s where you need enough knowledge to spend, not sell.
But how easy is it to find a buyer at a fair price? My experience is that most variety collectors are cherry pickers and few have any interest in buying scarcer varieties at any price above generic money. As such, are those coins really "undervalued?"
I am the buyer