A list of expensive rare coins that will continue to rise in value

TahoeDale · May 16, 2007 12:22AM

A recent post on the Art world and a 72 million dollar example raises the question as to which really expensive coins will always stand the test of time.

Or will these ultra rarities decrease in truly hard economic times?

I can think of a few:

1913 lliberty nickel

1894-S Barber dime

1933 Saint

1876-cc 20 cent

Come on with your opinions.

Longacre · May 16, 2007 12:25AM

The true rarities will always have price support, no matter what the economy. The collectors of these rarities are not affected by the economy as much as the average collector.

tradedollarnut · May 16, 2007 12:35AM

1933 Saint

I disagree with this specific example. I truly believe that if the legal specimen were auctioned today it would have a tough time reaching $4M hammer. That's nearly a 50% loss in value ... due to 'unforseen' circumstances.

ps - part of the reason they don't appear to lose value is because they are usually in very strong hands who won't sell to a loss. However, if one of the ultrararities were forced to market during an economic downturn, you'd probably see a loss. The Dexter 1804 dollar sold for a loss after 1990. The King of Siam set sold for a huge loss a few decades ago.

While I agree generally with what you state, it's still all a matter of timing.

ziggy29 · May 16, 2007 12:39AM

<< 1933 Saint

I disagree with this specific example. I truly believe that if the legal specimen were auctioned today it would have a tough time reaching $4M hammer. That's nearly a 50% loss in value ... due to 'unforseen' circumstances.

>>

I think you're probably right. Until the status of all the outstanding '33 Saints is definitively settled once and for all, I think people will be reluctant to bid on this coin as if it were "unique".

LanLord · May 16, 2007 12:40AM

<< 1933 Saint

I disagree with this specific example. I truly believe that if the legal specimen were auctioned today it would have a tough time reaching $4M hammer. That's nearly a 50% loss in value ... due to 'unforseen' circumstances.

ps - part of the reason they don't appear to lose value is because they are usually in very strong hands who won't sell to a loss. However, if one of the ultrararities were forced to market during an economic downturn, you'd probably see a loss. The Dexter 1804 dollar sold for a loss after 1990. The King of Siam set sold for a huge loss a few decades ago.

While I agree generally with what you state, it's still all a matter of timing. >>

due to 'unforseen' circumstances (is this code for 10 additional coins showed up?)

Cladiator · May 16, 2007 12:43AM

1792 Half Disme
1802 Half Dime
1846 Half Dime
1870S Half Dime

Oldnewbie · May 16, 2007 12:47AM

1873-CC no arrows dime

Gandyjai · May 16, 2007 12:51AM

1,795 Puntuated Date with Lettered Edge Half Cent

Brian

291fifth · May 16, 2007 12:59AM

No collectable is safe from a major economic downturn.

Michigan · May 16, 2007 1:03AM

Isn't this really an impossible question to answer? If any of the coins mentioned were in someones possession but not offered for sale in hard economic times then it is impossible to really know if they would hold their currrent value, decrease or even increase in price.

fc · May 16, 2007 1:04AM

sort of an odd question really.
how about any coin that is hundreds of year old, that is original
with thick skin of luster, and has tons of eye appeal, and only a
hundred or two survive?

i cannot find any half eagles to buy that i can afford that fit that
description yet i visit dealer websites constantly.

i just do not have 7500 to toss around. it seems they have gone up
in value and dealers are increasing their prices by leaps and bounds.

sigh. might as well stop buying for a few years. maybe a 1000 bucks
will get something neat 5 years down the road.

RYK · May 16, 2007 1:05AM

I will add two Working Man's coins to the list:

Chain cent--when have they ever gone down in value?

1861-D gold dollar--ditto above

seateddime · May 16, 2007 1:09AM

1874 cc dime
1878 S half dollar

carl · May 16, 2007 1:23AM

All the new dollar coins eventually. Many will start collecting them, get tired of them, turn them into a bank, sent back to the mint, melted to make pipes for houses leaving the few left worth a fortune.

rhedden · May 16, 2007 1:28AM

Bust quarters- 1796, 1804, 1823, 1827- plus perhaps several others. Who would buy one of these and then sell it at a loss?

partagas · May 16, 2007 1:32AM

Of course the 1873-cc no arrows quarters, must be included.

Michigan · May 16, 2007 1:36AM

<< Bust quarters- 1796, 1804, 1823, 1827- plus perhaps several others. Who would buy one of these and then sell it at a loss? >>

Someone in unexpected serious financial trouble, due to an economic downturn or other problems. Not all rich people are on as sound
a financial standing as we might think. Billy Joel had to do a long concert tour years ago to raise money after his trusted financial advisor
ripped him off big time.

sonofagunk · May 16, 2007 1:39AM

1943-PDS copper cents
1944-PDS steel cents

I would like to see that set in a 6-coin NGC holder.

Julian · May 16, 2007 2:53AM

FLASH!!!!!

All coins will increase in value.

The key is, of course, over what period of time. For that, I have no answer.

TahoeDale · May 16, 2007 3:07AM

But Julian,

Which ones appear to have the best chance to rise on a regular basis, like annually, or at least be higher every 5 years?

Every series may have up and down cycles, but are there a few individual dates and grades that are so solid, that they will remain in continuous demand?

curly · May 16, 2007 3:17AM

In real estate it's location, location, location. In coins it's quality, quality, quality. Irregardless of the series, eye popping quality always holds its own.

ziggy29 · May 16, 2007 3:18AM

<< All coins will increase in value.

The key is, of course, over what period of time. For that, I have no answer. >>

Even a 1950-D nickel? Talk about a clunker...

hiijacker · May 16, 2007 3:56AM

You forgot to mention the 2006 plats.

Bear · May 16, 2007 4:46AM

Much like a habitual gambler, the increase in value of these

rarities are praised to the sky. The loses, are quietly conducted

in private sales. In any event these coins are only relevant to 0.8%

or less, of the collecting fraternity

Coxe · May 16, 2007 4:51AM

<< 

<< 1933 Saint

I disagree with this specific example. I truly believe that if the legal specimen were auctioned today it would have a tough time reaching $4M hammer. That's nearly a 50% loss in value ... due to 'unforseen' circumstances.

>>

I think you're probably right. Until the status of all the outstanding '33 Saints is definitively settled once and for all, I think people will be reluctant to bid on this coin as if it were "unique". >>

But it might be best tagged as First Legal (TM) and thus be worth a premium.

500Bay · May 16, 2007 5:18AM

<< In real estate it's location, location, location. In coins it's quality, quality, quality. Irregardless of the series, eye popping quality always holds its own. >>

To that I would add "demand, demand, demand." Somewhat needs to want to buy the coins for the values to hold up and increase. For quality, rare coins, demand ought to be there for some time to come.

Julian · May 16, 2007 5:27AM

Even the 50-d nickel will be worth more someday. Some of them are already worth more.

1804 dollars go up and down in price. It is all about timing. I remember one selling for 400K back in the 80's and it later being sold for less than 200k.

Many of the dealers that have been around a long time have experienced the same thing. My own experience with J-1776 and the Amazonian Gold set illustrates that. All of those coins are unique!!

Nothing is immune.

Coxe · May 16, 2007 5:39AM

The 1804 dollar is an interesting one. If I recall, the Stickney specimen that Eliasberg bought from @water lost somebody money along the way and certainly didn't pace inflation over the 50 or 60 years until then. Went form something like $3500 to $10K, less that 2% annual appreciation. (But of course, owning an 1804 dollar isn't all about making money.)

STEWARTBLAYNUMIS · May 16, 2007 6:03AM

ALL THE (expensive) COINS IN MY COLLECTION

and I don't own a 1913 Liberty Nickel,1894 s dime or a 1933 Saint.

Stewart

Coxe · May 16, 2007 6:22AM

The Lincoln matte proofs have tons of potential, but always had and really aren't the megararities suggested for this thread.

I think prooflike Morgans are still, as a group and certainly among some individual dates, undervalued. The more expensive ones all the moreso, except 1889-CC and 1895-S IMO.

I haven't watched early copper much. If it hasn't participated in this market run up in a huge way, it should going forward.

Overdate · May 16, 2007 6:31AM

1873-S Liberty Seated Dollar . . .

topstuf · May 16, 2007 6:34AM

Still no mention of the "Bugs Bunny" Frankie.

prenum · May 16, 2007 6:49AM

1794 $1. Anyone need one?

Fletcher · May 16, 2007 6:56AM

Chain Cents are probably a pretty good bet

08822 · May 16, 2007 7:30AM

Rare paper money will skyrock in short order. I can buy large size nationals with fewer than a dozen known for around $500 in middle grades.

roadrunner · May 16, 2007 10:58AM

I believe 99% of expensive coins are susceptible to a price correction in a major market downturn. In the 1990 downturn I don't think much of anything went unscathed (ie 1876-cc 20c, 1894-s
10c, gem proof gold, monster commems, 1794 dollar in gem lost 2/3 of it's value once, etc.). Some will get hurt less than others, maybe a couple will stay at their previous levels. Coins like the J-1776 don't even count in my book as they rarely trade and in this case it is unique. A single opportunity to purchase such a coin once every 10-30 years will always outpace the market. With an 1804 dollar coming out fairly regularly it is not immune. While I love the 73-cc NA quarter it is not immune from going down in price - at least the lone gem coin has in the past. I doubt a circ specimen could fall in price though.

Your best bet are massively underrated key date coins in the $50K to $200K range that have yet to be discovered by "everyone" as major rarities.

roadrunner

bidask · May 16, 2007 11:19AM

Truly Gem Proof Gold....not necessarily much of which is slabbed that suffered from gradeflation..

Fletcher · May 16, 2007 11:56AM

<< Your best bet are massively underrated key date coins in the $50K to $200K range that have yet to be discovered by "everyone" as major rarities.

roadrunner >>

Such as ...

oreville · May 16, 2007 1:08PM

VG graded 1916-D dimes, VF graded 1942/1 dimes, VG graded 1932-D&S quarters and other somewhat affordable key dates of the 20th century sets.

speety · May 16, 2007 1:15PM

RoadRunner, while i agree that underrated keys are the coins which will maintain there value, once you hit $50k-$200k, imho, those coins have been discovered. That's a lot of dough for most people!

D · May 16, 2007 1:45PM

Nice spelling Coxe.

-D

oreville · May 16, 2007 1:59PM

Their you go again!

Coxe · May 16, 2007 3:32PM

<< Nice spelling Coxe.

-D >>

You mean "@water"? Yeah, it's one way around the t-w-a-t filter.

A list of expensive rare coins that will continue to rise in value

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