Coin Community Family of Web Sites
Like us on Facebook! Subscribe to our Youtube Channel! Check out our Twitter! Check out our Pinterest!
Username:
Password:
Save Password
Forgot your Password?

Welcome Guest! Need help? Got a question? Inherit some coins?
Our coin forum is completely free! Register Now!

Are rare date coins valuable?

 
 
To participate in the forum you must log in or register.
Author Previous Topic Topic Next Topic  
New Member

United States
25 Posts
 Posted 03/13/2018  2:12 pm Show Profile   Bookmark this topic Add gslittlebit to your friends list Get a Link to this Message
Are rare date coins valuable only because they are rare dates, or do they need to be uncirculated to be worth much?
Pillar of the Community
United Kingdom
4004 Posts
 Posted 03/13/2018  2:21 pm  Show Profile   Check NumisRob's eBay Listings Bookmark this reply Add NumisRob to your friends list Get a Link to this Reply
It depends on what you mean by rare. If only two or three specimens exist, then collectors will be happy to get one in any condition. On the other hand, when hundreds or possibly a few thousand examples exist, the difference in value between a Mint State specimen and one in Good or Very Good will be astronomical - as you can see by checking the Red Book values of coins like the 1893-S Morgan dollar.
Bedrock of the Community
United States
23737 Posts
 Posted 03/13/2018  2:42 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
There is mintage rarity and condition rarity and absolute rarity.
John1
( I'm no pro, it's just my humble opinion )
Searched 5+ Million Cents Since 1971
Pillar of the Community
United States
5591 Posts
 Posted 03/13/2018  3:40 pm  Show Profile   Bookmark this reply Add SilverDollar2017 to your friends list Get a Link to this Reply
There are different types of rare coins. For example, a coin may be expensive in all grades (Flowing Hair coins). Others may only be expensive in higher grades ( Barber coins).

No, they don't always have to be uncirculated to be worth much. If there is a specific coin you have a question about, feel free to post it here.
Collector of all classic US coinage.

How to identify cleaned coins: http://goccf.com/t/319679
Pillar of the Community
Learn More...
United States
5114 Posts
 Posted 03/13/2018  5:02 pm  Show Profile   Bookmark this reply Add Finn235 to your friends list Get a Link to this Reply
Price comes from supply versus demand. US coins enjoy practically unparalleled popularity, and are thus easy to articulate values for. The same goes for most issues of Western Europe, plus many/most Spanish or English colonial coins from before WWII. Indian, Chinese, Korean, Vietnamese, and Japanese coins are also on the rise.

When dealing with obscure collecting fields, rarity seldom guarantees a high price, since many will be content with a type collection only. The market is also over saturated with manufactured rarities; entities like the RCM and Franklin Mint churning out hundreds of types of "rare" coin with mintages in the hundreds to low thousands - there is too much to collect, so they take a massive hit in the secondary market because most collectors will take a pass on anything less than a steal.
New Sale! Inexpensive classic Greek silver, over 2,400 years old!

http://goccf.com/t/323297
Pillar of the Community
United States
1281 Posts
 Posted 03/14/2018  4:04 pm  Show Profile   Bookmark this reply Add Chute72 to your friends list Get a Link to this Reply
I've found that most eBayers are not willing to pay a premium for mintage rarity coins, unless they are US.
Valued Member
United States
392 Posts
 Posted 03/14/2018  8:46 pm  Show Profile   Bookmark this reply Add hozer to your friends list Get a Link to this Reply
It's only worth what someone is willing to pay
Valued Member
United States
140 Posts
 Posted 03/14/2018  8:54 pm  Show Profile   Bookmark this reply Add Ariette to your friends list Get a Link to this Reply
If it's a key date in a series that is widely collected, it will be worth a lot regardless of condition. Coins like the 1909-S VDB Lincoln cent and the 1916-D Mercury dime are worth hundreds in the basest of grades.
Pillar of the Community
Learn More...
United States
5114 Posts
 Posted 03/15/2018  2:16 pm  Show Profile   Bookmark this reply Add Finn235 to your friends list Get a Link to this Reply
Here's a fun example from one of my favorite quirky off the beaten path countries:

https://www.NGCcoin.com/price-guide...duid-1484975

Bundi was a nominally independent small kingdom in India that still relied heavily on the UK, and in this case put Victoria's name on their coins. This is a long run of coins, bearing an explicit AD date, and overall scarce enough to be worth a good deal more than melt.

Of that long run, are there key dates? Almost certainly. But nobody cares to complete the set so they carry zero premium. In fact, I have never heard of anyone even attempting a set!
New Sale! Inexpensive classic Greek silver, over 2,400 years old!

http://goccf.com/t/323297
New Member
United States
25 Posts
 Posted 08/26/2018  1:52 pm  Show Profile   Bookmark this reply Add gslittlebit to your friends list Get a Link to this Reply
Thank you, everyone has been very helpful.
  Previous Topic Topic Next Topic  
 
To participate in the forum you must log in or register.

Coin Community Member eBay Sales

Certified Coins   Certified VAMs   Certified Errors  




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2018 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2018 Coin Community Forums
It took 0.72 seconds to rattle this change. Powered By: Snitz Forums 2000 Version 3.4.05