THE (10) HOT AREAS OF THE COIN MARKET ARE...

wondercoin · November 24, 2003 1:16PM

according to ebay in an email I just received from them:

1. Tokens: Civil War
2. U.S. Mint Sets
3. U.S. Gold Bullion
4. Bank of Canada Paper Money
5. U.S. 2, 3 & 20 Cents
6. Byzantine
7. U.S. Peace Dollars (1921-35)
8. U.S. Proof Sets
9. Ancient Medieval
10. Colonial Paper Currency

Thoughts?

Wondercoin

P.S. TEXT FROM EBAY:

These Coins categories had high sell through this past month. In other words, they're hot -- try selling them yourself.
Tokens: Civil War
U.S. Mint Sets
U.S. Gold Bullion
Bank of Canada Paper Money
U.S. 2, 3 & 20 Cents
Byzantine
U.S. Peace Dollars (1921-35)
U.S. Proof Sets
Ancient Medieval
Colonial Paper Currency

TAP444 · November 24, 2003 1:18PM

Mitch,
I don't think that list is even close to the hot areas
I would not think Peace dollars are in the top 50
tim

razorface1027 · November 24, 2003 1:19PM

Wow, no mention of Morgans...

airplanenut · November 24, 2003 1:19PM

Maybe they had the most crap, but they sold cheap at 1c starts...

TONED is HOT!!!

wondercoin · November 24, 2003 1:22PM

Tim: You get no argument out of me - there are a couple on that list I have never even dreamed of selling, much less owning

Wondercoin

Coinosaurus · November 24, 2003 1:22PM

Apparently seated coins are VERY hot, Trends seems to have just done an across the board increase of 25% or more, up to 50-100% for key dates.

STEWARTBLAYNUMIS · November 24, 2003 1:22PM

Mitch

Everyone knows the hottest area in the present coin market is Lincoln Cents

What have you got to say Mitch ?

Stewart

wondercoin · November 24, 2003 1:26PM

Mitch: Everyone knows the hottest area in the present coin market is Lincoln Cents. What have you got to say Mitch ? Stewart

Stewart: I agree with you, although I am not sure "everyone" knows it. You can just as easily throw world class patterns into that realm as well from what I have seen .

Wondercoin

FrattLaw · November 24, 2003 1:34PM

<< <i>7. U.S. Peace Dollars (1921-35) >>

Michael

JasonRox · November 24, 2003 1:38PM

Where's Canada?!

Bank Notes don't seem to be that popular up here. Mint State $2 Notes (which we don't use), are only worth $2.25, and it has been about 8 years already.

roadrunner · November 24, 2003 1:49PM

Trends pricing for a lot of the seated stuff is still whacky. But they are slowly improving it. An MS63 1876-cc half worth more than an
1871-s half in MS63 even though the 71-s is multiples rarer? Hard to swallow even with that "cc" magic. An 1855 half listed in MS65 as the most common of the arrows type? Huh?

A few pages before the price guide is an article on seated liberty half dimes. The author only consults mintage figures to determine that an 1853na half dime is a screaming value over the 1853 wa.
85 times rarer by his analysis. Or that the 1844 should be 3x the value of the 1843 based on mintage. Huh? Does it make a difference that their survival rates are probably the same, regardless of mintage? Huh? Or that the 53na half dime was saved in mega-quantity in mint state? Huh? Looks like we are back to the 1970's again when mintage figures drove the prices. I expect a little better research from the Amos Press (aka Coin World).

roadrunner

Catch22 · November 24, 2003 2:02PM

The rise in values for Seated material (as indicated by Coin World Trends) is a welcome event. As written in one of the articles, perhaps the most signicant reasoning for this is in the type of collector that is driving these prices upward.

Seated material is rarely collected by the novice collector to any degree that would justify the substantial rising prices. More likely, as the newer collectors brought in from the State Quarters expand their knowledge, they begin to move into other series and become more serious collectors and hobbyists.

Some might argue that this could spell trouble for the modern issues that have enjoyed so much activity. I doubt that. With many more State Quarters to be issued, this should continue to fuel new collectors into the hobby for years to come.

The Rare coin market is extremely thin and it doesn't take very many of these new hobbyists to push prices upward as they expand into the classic issues. Toss in a recovering economy and we could see even higher prices for quite some time.

If you've had your eye on a particular rarity or key date and are just waiting for things to cool off a bit before you pull the trigger, you might give serious consideration to the forces lined up to push prices up.
If there is a case to be made for retreating prices, I haven't seen it.

oreville · November 24, 2003 2:05PM

Looks like the 1861-O $20 is screaming hot. Especially in the circulated collector grades!!!!!!!!!!!!!!!!!!

DMWJR · November 24, 2003 2:11PM

<< <i>Mitch,
I don't think that list is even close to the hot areas
I would not think Peace dollars are in the top 50
tim >>

The sad part is that of the ones listed, I would consider the Peace the hottest of the 10!

1jester · November 24, 2003 8:31PM

Well, I hope what you're saying is true about the Seated coin market being hot. I currently have an 1860-O dime for sale on ebay, ending Sunday, and it's only at $595 now. I'll believe the market is hot if it goes over $1000.

farthing · November 24, 2003 11:19PM

eBay is, of course, refering to the percentage of items listed in a specific category that sell (sell through rate). Those items that have few listings have better odds of showing up on their list of "hot" items.

eBay's version of whats "hot" has no relationship to what sellers or buyers would view as the definition of "hot".

cladking · November 25, 2003 6:25AM

I'm hearing increasing numbers of mint set buyers complain about difficulty finding material. This would
certainly be consistent with a high sell through rate.

BillJones · November 25, 2003 6:30AM

How did Peace Dollars make the list? I get a few calls for the 1921 and the 1928, but for the most part I find them to be slow sellers.

Civil War tokens have had a great run, but my impression was that it more on the tail end of the run, not the middle or the really hot beginning of a run.

As for the early mint sets (1947 to 1958) the supply has been thinned out by the number sets that have been broken for slabbing. You wil see a fair number of sets that will have some "bright silver" replacement coins in them because the original coin was taken out an slabbed. That really lowers ther number of truly original sets.

dpoole · November 25, 2003 6:45AM

Ebay's drinking the same stuff Trends does when they price late date MS67 Lincolns.

Oh, yeah. Lincolns are NUCLEAR, baby!! Heh, heh.

Also: 2, 3 & 20 Cents OUGHTA be hot. What's the matter with you coin collectors?

melikecoins · November 25, 2003 7:01AM

I think that Ebay is not using the dollar amount as their gage.
They are using volume of sales, that is number of items sold, not value per item.

Is there a lot of volume in Seat Liberty coins, I think not.

They are not in touch with anything so their opinion it's worth anything

Glen

291fifth · November 25, 2003 8:02AM

Not accurate. Some of the areas mentioned are solid...but HOT? I don't think so.

THE (10) HOT AREAS OF THE COIN MARKET ARE...

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