What is currently the most popular US classic coin among collectors?
MidLifeCrisis
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By popular, I mean easiest to sell, doesn't last long in dealer inventory, everybody seems to want one no matter what they collect.
I'm looking for a particular date/mint mark, not just a type.
Is it the 09-S VDB Lincoln? If not, what?
I'm looking for a particular date/mint mark, not just a type.
Is it the 09-S VDB Lincoln? If not, what?
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Chain cents, the 1796 quarter, MS Saints....
Not a bloody chance this is even in the state let alone the ballpark.
The average collector has $50, $75, $100 bucks to drop on a coin to add to their "average" collection.
I think the 16D in AG for $500 is to the average collector what a problem free VF chain is to Ambro. Just out of reach.
A dream that one day they have that little extra the family doesn't need.
A most popular coin would have to be something that is available in quantity like the 09S VDB because there are A LOT of
collectors out there. TDN might play in the 67 trade dollar ballpark and we all go oohh and aahhh but that doesn't make
it the most popular coin amoung collectors...maybe amoung a few here but not in the real world.
More collectors are stll putting circulated coins in penny boards pulled from pocket change than buying chain cents.
There really are quite a few coins that come to mind.
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<< <i>Slow down guys.
Chain cents, the 1796 quarter, MS Saints....
Not a bloody chance this is even in the state let alone the ballpark.
The average collector has $50, $75, $100 bucks to drop on a coin to add to their "average" collection.
I think the 16D in AG for $500 is to the average collector what a problem free VF chain is to Ambro. Just out of reach.
A dream that one day they have that little extra the family doesn't need.
A most popular coin would have to be something that is available in quantity like the 09S VDB because there are A LOT of
collectors out there. TDN might play in the 67 trade dollar ballpark and we all go oohh and aahhh but that doesn't make
it the most popular coin amoung collectors...maybe amoung a few here but not in the real world.
More collectors are stll putting circulated coins in penny boards pulled from pocket change than buying chain cents. >>
Now here is someone that is thinking. Many others are thinking about what they might buy if they see it, but this forum isn't filled with average collectors. Those group active on this forum has more of the top 10% of the hobby in terms of coin budgets, income, net worth, than average folks.
The most popular classic series in terms of number of collectors is Lincoln cents. Most popular in terms of dollar volume is Morgan dollars, and $20 Saints. So the answer has to be in Lincolns or Morgans. The 09 S VDB is right up there, and moves quickly if priced right, as would the 55 double die. The 09 S, or 31 S Lincolns might even move faster because they are lower in base price. Given the budget constraints outlined above, these lower priced coins would be in the reach of far more average collectors, and sell quicker at an average show or shop than the more expensive coin. Again, a big part of how fast the coin moves is the perceived price to quality ratio.
As for Morgans, many of the key dates are priced too high to be within reach of average collectors. So something like common date GSA Morgans: 82 cc, 83 cc, 84 cc, might fit the bill. I know, I know, most forumites probably sneer at such common coins, and many sneer at Morgans in general, but a real life test of various coins priced at fair market retail would likely be interesting and revealing. Realistic retail may or may not correlate with GS. To set the selling price, take the last ten auction results for that coin, toss out the top and bottom, toss out any toners or plus coins, and average that number, then perhaps add 5% to set the selling price. Then run a test to see which coin moves first, or gets asked about the most during a one hour period. A curious dealer could even do this in real life with various coins and then politely tell the potential buyer that he is running an experiment and the coin will be for sale after the one hour test period and that he will take their name and cell number.
<< <i><--1853 Arrows and Rays Halves a one year type coin that seems to move well.
I showed my ms66rd to a kid at the club...he was practically speechless and didnt want to stop staring at it. too funny
I tend to think that the coins least likely to remain in inventory for a while are the really rare ones, however expensive they may be. A VF chain cent walks into a small-town brick & mortar, and every dealer and early copper collector within 100 miles will drive there just to see it once word gets out. In my experience, there may be only a few people around who can afford a $20,000 chain cent, but if it's nice and fairly priced, it's going to be on hold in less than a day, if not sold instantly to a want-list customer. So I will argue that things like chain cents, 1796 quarters, 1796-7 halves, and the really rare Bust coins as having the shortest shelf life, despite the price and the small number of people who go after this premium material.