What is currently the most valuable modern coin?
coolest
Posts: 2,281 ✭✭✭
Regular issue or commemorative US coin, not counting any strange errors.
0
Comments
For example, what year are you using to define the beginning of "modern"?
Perhaps the 1976-(P) proof dollar would be it.
A lot of the rarest moderns just don't trade often.
<< <i>Do the modern no "s" proof coins from 1970 count as errors ? They are a little pricey as I recall. >>
The '75 No- S dime is very expensive but haven't traded in some time.
Wondercoin
<< <i>I believe the 1976-P Silver Ty 2 Proof Ike (which I own) is one of just -2- unique (non-error) coins of the entire 20th century so I do believe this is certainly one of the most valuable modern coins out there (1932-date). The other unique coin being a 1916 SLQ pattern. It appears the Ike may have been struck sometime after the Summer of 1974 when the US Mint first struck the 3 or 4 pattern Ikes the design of which was used for the 1976 Ike Dollar proofs later found in the 1975 proof sets (which were Type one Ikes). Those Ty 1 pattern Ikes may have been all melted (although one may still exist) after they were exhibited at the Summer, 1974 ANA convention. Martin Paul used to own the Ty 2 coin as I believe Andy Lustig (Mr. Eureka) did from our boards as well. Martin told me just this weekend that the 1976-P Silver Ty 2 Ike is "one of his favorite coins of all-time" (not a bad statement coming from a diehard classic coin guy). He is not convinced it is a pattern though. My son Justin is doing his 12th grade International Baccalaureate paper on Pattern coins and is devoting a sizeable amount of the paper to his research on this coin. So, I look forward to reading next year what Justin uncovers on this neat coin.
>>
There was a story at one time that the mint made six complete three piece sets for
promotional purposes. Since San Francisco wasn't ready they were minted in Philly
sans mint mark as Philly issues. It was reported that all the coins were destroyed
but at least the one survived.
Of course this story could be in error.
Wondercoin
<< <i>Cladking: But, what is interesting is that there is absolutely no report whatsoever of the US Mint striking a single TY 2 Silver Proof Ike in Philly. Those Ty 1 strikings were Clad coins you are referring to. That is why this Type 2 coin is unique separate and apart from however many clad Ty 1 patterns might (or might not) exist.
>>
I'd wager you pointed this out before as well and I missed it.
There was talok of preserving the Type 1's in the Smithsonian but the mint was reluctant so they might have been destroyed.
Thanks.
I agree a Type 2 in silver is much more enigmatic. It's hard to imagine it being accidental and there seems no reason to make it intentionally.
Is that correct?
And what is it worth, approximately?
<< <i>1976-P Proof Ike Dollar >>
Wow!!! It's a great looking coiin as well.
Just to clear up the last of my confusion, this is still the coin found in the Washington DC cash register, no?
<< <i>
I think what you guys are talking about is a 1976 no S Proof?
Is that correct?
And what is it worth, approximately? >>
I'm guessing not. They made some Philly clad proofs so this is likely one made at Philly as well.
Wondercoin would have a better idea of value than I but likely somewhere in the hundred thousand vicinity. The value of a unique coin can be highly dependent on when it's sold and who wants it. I'd call it priceless.
also the DDO 1958 cent seems rather valuable too!
Commems? An MS68 1936 50C Gettysburg is ~$50k.
Is a 1955 DDO Lincoln a "strange error"?
Lance.
<< <i>I believe the 1976-P Silver Ty 2 Proof Ike (which I own) is one of just -2- unique (non-error) coins of the entire 20th century so I do believe this is certainly one of the most valuable modern coins out there (1932-date). The other unique coin being a 1916 SLQ pattern. It appears the Ike may have been struck sometime after the Summer of 1974 when the US Mint first struck the 3 or 4 pattern Ikes the design of which was used for the 1976 Ike Dollar proofs later found in the 1975 proof sets (which were Type one Ikes). Those Ty 1 pattern Ikes may have been all melted (although one may still exist) after they were exhibited at the Summer, 1974 ANA convention. Martin Paul used to own the Ty 2 coin as I believe Andy Lustig (Mr. Eureka) did from our boards as well. Martin told me just this weekend that the 1976-P Silver Ty 2 Ike is "one of his favorite coins of all-time" (not a bad statement coming from a diehard classic coin guy). He is not convinced it is a pattern though. My son Justin is doing his 12th grade International Baccalaureate paper on Pattern coins and is devoting a sizeable amount of the paper to his research on this coin. So, I look forward to reading next year what Justin uncovers on this neat coin.
Wondercoin >>
Lets not forget about the Prototype IKE which was undoubtedly part of the development phase for the eventual production of proof and business strike IKE Dollars.
While it does not have the "Oh Wow" factor of the no S Proof, it is still a unique piece.
The name is LEE!
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Wondercoin
<< <i>Based on other posts, most people consider the modern era to start after 1964 with the elimination of silver from circulating coins and the beginning of the clad era. On this basis and not considering errors or odd varieties, I would guess the 1895-W proof ASE as the most valuable modern coin. >>
The price on the 1995-W seems to have fallen significantly of late, but I too am more interested in the OP's question referring to regular issue coins. Seems like the Jackie Robinson unc is still way up the list. From another post, the Library of Congress coin has also climbed way up there. HOWEVER, I am guessing these will be surpassed by some 2008 issue soon--one of the buffs or the 1/2-ounce proof plat.
Try finding an MS-66 or 67 1976 type II for instance.
I really don't consider every special issue or unintentional mint product to be an error. The
1804 dollar isn't considereded an error so why would Philadelphia proofs be? There are lots
of moderns which look like branch mint proofs or are rare because they are unlike others made
at the same time. I just don't consider things like different reverses or reverses from the wrong
year to be an "error". If you define error too broadly then almost every coin ever made by the
mint is an error.
A Philly mint proof dollar without a mint mark is simply no error even if we might not know
exactly what all of them are.
<< <i>Based on other posts, most people consider the modern era to start after 1964 with the elimination of silver from circulating coins and the beginning of the clad era. On this basis and not considering errors or odd varieties, I would guess the 1895-W proof ASE as the most valuable modern coin. >>
Pricewise, the 2000-W uncirculated Library of Congress $10 beats the 1995-W proof Silver Eagle.
My Adolph A. Weinman signature
<< <i>Wasn't there a DDO cent in 1969 (s) that seems to be pretty pricy?
also the DDO 1958 cent seems rather valuable too! >>
......found this on google:
The 1958 DD Lincoln Cent which is worth as much as the 1943 copper cent (the 1958DD has only 2 coins known and there are over 10 1943 copper cents known). That's $40,000+.
Not to mention a proof Ike that sold at public auction for more than $20,000 (with a mintage of 2.8 million+).
Wondercoin
Why couldn't it be a San Francisco product missing the "S" like the contemporary 1975 no S dime?
Lee - Why is your cool Ike only graded 64? It appears to possibly be a higher grade from the scan?
Wondercoin
Lafayette Grading Set
Wondercoin
<< <i><<The Ike has been commonly referred to often as the 1976 "NO S" Ike, but, technically it is a 1976-P Ty II Proof Silver Ike. I suspect, the history of the coin will be a vital piece of Justin's research for his upcoming thesis paper.>>
Why couldn't it be a San Francisco product missing the "S" like the contemporary 1975 no S dime? >>
The OP didn't want to include varieties and errors. Just regular issues including proofs and commems.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
1.
2.
3.
4.
5.
<< <i>1974 Aluminum cent - let's not forget that one.
Wondercoin >>
.....yeah but is that one legal to own?
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I must admit when they started making "silver" dollars out of copper I never thought they would be very popular, especially since I though most people did not like the design.
And I am still confused about the 76-P T2 silver Proof, could it be a bicentennial pattern?
<< <i>ProofArtWork - Justin will be attempting to address that very issue in his paper as well.
Lee - Why is your cool Ike only graded 64? It appears to possibly be a higher grade from the scan?
Wondercoin >>
Semantics!
since it is deemed a proof yet does not have mirrored fields, the highest grade it can get is a 64.
I should have had it graded as a regular 1971-S but the unique variety told me othersie.
The name is LEE!
Justin has a few new research ideas for his thesis paper - the paper should be completed by May, 2010. Of course, when you have Martin Paul and Andy Lustig (previous owners of the coin) chiming in with their thoughts on the subject as well, you get a world of experience with those opinions as well.
Wondercoin
Still, more power to those that collect these!
Well, just Love coins, period.
<< <i>How about '83p&d washington quarter in ms69?? If they exist in those grades. >>
There are a lot of quarters that will prove as tough as the Ikes but the demand
is still pretty low. The Ikes can be extremely scarce in the highest grades and
nearly as scarce in slightly lower grades but the quarters tend to be more avail-
able in the just missed grades.
True gem '83-P quarters are rare. I seriously doubt anything over true MS-66
exists. These do get a bump in grading since they are so tough. People were
not concerned with locating superb condition quarters in 1983. The only ones
saved were saved by chance. There were so few total coins set aside that the
chances of very high grades surviving is quite poor.
The '82-P is likely even tougher in choice gem or better.
Hoard the keys.