What numismatic coins are in the "zone of denial"?
291fifth
Posts: 25,047 ✭✭✭✭✭
The "zone of denial" appears during market downturns. It includes coins that once commanded hefty prices but now go largely unsold at their former levels. In spite of their lack of sales, asking prices remain firm because current owners don't want to admit they are going to have to cut the price in order to move the coins.
My nomination: Common date Capped Bust Halves.
What else?
My nomination: Common date Capped Bust Halves.
What else?
All glory is fleeting.
0
Comments
1999 silver proof sets (heck, most proof sets in general except 36-53 issues)
Mint sets
Common date Trade and Seated Dollars
Any slabbed MS69 or PF 69 modern issue
High/low leaf Wisconsin quarters
Any Lincoln DDO EXCEPT the 55, 72, 83, 69S
That's a start...
RIP Mom- 1932-2012
<< <i>These are just a few denial pieces IMO:
Common date Trade and Seated Dollars >>
Wow, that's not one that I would have expected on the list. Any reason why you suggested these are weak? While I don't follow trade dollars very closely these days, even the common seated dollars seem to be doing just fine.
Just wondering....Mike
<< <i>So called dollars.
This is one I should have thought of. I saw several at a local club show on Sunday, all with very high asking prices. These pieces are getting to be old friends. I've seen them many times at shows over the past year.
Experience the World through Numismatics...it's more than you can imagine.
<< <i>Seated Liberty Dollars with an nice original look are actually tough coins- I think they are not over priced just yet. I can see the Bust Halves falling and in fact they already have. >>
RIP Mom- 1932-2012
It was common for ugly examples to sit in dealer inventories and nice pieces to sell quickly but I am starting to see the nice for the grade stuff sit as well. The last couple of Heritage auctions had lots go unsold and prices of others are lower over the last 6 months or so.
2006 ann. american silver eagle sets.
2008w rev. of 07 silver eagles.
soon to be... all gold bullion !!!!!!!!!!
The Tulip-esqe mint bullion products of the last three or four years that that were largely driven by modern coin market makers and speculators.
Al
<< <i>1846, 59-O and 60-O Dollars are everywhere and lots of guys who have them think they're gold. >>
If you're talking about the overdipped, cleaned crap I see in slabs most of the time, I agree. However, if you're talking about nice problem free examples, I'm more in the Coinkat camp -- these are tough coins and fetch a premium even in today's market, IMO.
Experience the World through Numismatics...it's more than you can imagine.
<< <i>These are just a few denial pieces IMO:
1999 silver proof sets (heck, most proof sets in general except 36-53 issues)
Mint sets
Common date Trade and Seated Dollars
Any slabbed MS69 or PF 69 modern issue
High/low leaf Wisconsin quarters
Any Lincoln DDO EXCEPT the 55, 72, 83, 69S
That's a start... >>
I would include the 84 DDO in that list of exceptions, the 83 is a DDR.
<< <i>
<< <i>These are just a few denial pieces IMO:
1999 silver proof sets (heck, most proof sets in general except 36-53 issues)
Mint sets
Common date Trade and Seated Dollars
Any slabbed MS69 or PF 69 modern issue
High/low leaf Wisconsin quarters
Any Lincoln DDO EXCEPT the 55, 72, 83, 69S
That's a start... >>
I would include the 84 DDO in that list of exceptions, the 83 is a DDR. >>
How about "Any Lincoln DD EXCEPT the 55, 72, 83, 69S"...better now?
RIP Mom- 1932-2012