| Author |
 Replies: 27 / Views: 2,376 |
|
|
|
Pillar of the Community
United States
1247 Posts |
I have about 500 Lincoln Cent BIEs which may be as under recognized as it will ever get.  But that's okay, I prefer what's under appreciated and under recognized as long as like it. I read before that collectors and dealers in the 50's used to laugh at those collecting Morgan dollars. Are they still laughing? "Come writers and critics Who prophesize with your pen And keep your eyes wide The chance won't come again And don't speak too soon For the wheel's still in spin And there's no tellin' who That it's namin'. For the loser now Will be later to win For the times they are a-changin'". Bob Dylan |
|
Pillar of the Community
United States
751 Posts |
quote:
Originally posted by Prethen
quote:
Originally posted by madman12000
I just hedge my bets and hoard everything silver I can afford/find. I always go for best quality, but I think Peace dollars are sue for a rise in the future, once more people start collecting them.
I've been hearing that about Peace dollars for quite awhile now. They've always seem to be underdogs. Unfortunately, in virtually every year and mint, they're pretty common in just about any grade. That's not to say they won't eventually become in more demand, I'm just not sure there's any particular one I'd want to hoard.
This brings to mind the old chestnut, "Brazil is the country of the future and always will be." I doubt I'm the first to say, Peace dollars are the Morgans of the future...and always will be. |
|
Valued Member
United States
208 Posts |
|
|
New Member
United States
13 Posts |
The next "key dates" at least in morgans my guess 1899p,1904p,1894p(ms-60 or better)also start hording 1921 high relief ms-50 or better Peace dollars anything proof before 1955 and old auction catalogs pre 1960 |
|
Valued Member
Australia
372 Posts |
From the other side of the world, I believe the aussie icon, being the 1962 doublenose penny, is probably the most underrated coin. Higher grades are extremely hard to find but not impossible. A link for further info. |
|
New Member
United States
13 Posts |
quote:
Originally posted by gnome
From the other side of the world, I believe the aussie icon, being the 1962 doublenose penny, is probably the most underrated coin.
Higher grades are extremely hard to find but not impossible.
A link for further info.
I like those!thanks kinda reminds me of a few canadian coins. |
|
Pillar of the Community
United States
1283 Posts |
Well, I just (unknowingly) overpaid for a slabbed MS-62 1888 3CN. Made a rookie error and relied on the pcgs online price guide to ensure I was paying a fair price.  All this in the name of possible undervalue.  |
|
Bedrock of the Community
United States
14454 Posts |
I think the only reason the Peace dollars don't do well is just because the things are just so darn ugly no one wants to admit they collect the dern things. When you take a ugly design then top it off with a weak strike it leaves alot to be desired. I do not think they will ever gain ground and definately will never be as popular as the morgan. The only thing the Peace has going for it is the size but as I am sure you have heard size doesn't matter if the thing is just to ugly to look at. I think the varieties of all coins will keep gaining ground as more and more collectors join in on the thrill of the hunt, but I have to say I also like the 3 cent peices and the 20 cent peices just because they are different from stuff you see today. I actually like the 3 cent nuickel better than the 3 cent silver peice because I just couldn't imagine carrying around that little coin in my pocket, I bet alot of them little things got lost when they were in circulation Edited by Bryan1315
11/01/2006 01:02 am
|
|
Valued Member
Australia
109 Posts |
Funny thing I had only today had this conversation with a mate... I have "technically" (by book value) over paid for a lot of my rarer stuff, and therefore "hording it" because of that fact, and with long term investment as my driver, I believe what I pay for a top item today is irrelevant, and undervalued or not, the true collector knows his field.
Think of it this way mate, as I do... In 1974 paying $3,000 AUD for a Better graded 1930 penny was 50% to much then going rate on the day... What's that same 30 penny worth today.... $30,000!
The moral to this story is if you buy GOOD QUALITY and I stress GOOD QUALITY items today what ones pays toady is not truly a measure to go by, and therefore most of us will have the "Undervalued" item to hoard and honestly a good collector will capitalize on this!
|
|
Pillar of the Community
United States
1283 Posts |
quote:
Originally posted by Bryan1315
and definately will never be as popular as the morgan.
Do you think Morgans have a possible overvalue? They are absolutely beautiful IMO, but man you see TONS of them for sale everywhere. I don't know how the mintage quantities compare but the supply seem enormous. |
|
Pillar of the Community
 United States
3234 Posts |
I personally can't see any Morgans that are truly "underappreciated". I agree, there's TONS of that material out there...in virtually ALL grades. My eyes began to lose focus as I walk into a coin show and see cases and cases of slabbed Morgans. Is there a possible "sleeper" in there? Maybe, but I have my doubts. There are so many Morgan collectors that it's hard to fathom one particular coin they've overlooked.
|
|
Pillar of the Community
United States
4589 Posts |
Wow Looking for Trade Secrets HUH!!!! Lol I personally Say 2 cent coins ,and 3 cent Nickels and 3 cent Silvers. Also Some Mint Set Like !1987, 1981, 1996, 1970, 1973-1978 and early 60 and late 50' Mint and proof Sets are all seriously undervalued
|
| |
Replies: 27 / Views: 2,376 |
First Page
Posted 10/31/2006 11:38 am
