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So I Was Thinking Is There A Certain Type Of Coin Doing Well Right Now?

 
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Author Previous TopicReplies: 12 / Views: 518Next Topic  
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 Posted 06/17/2021  11:49 pm Show Profile   Bookmark this topic Add youngmaster to your friends list Get a Link to this Message
I was looking at copper coins and wanted to learn about the differences in weather other type coins are doing better or worse, not to say they are doing any sort of way. I'm wondering on the markets I think if that makes sense. I hope this made sense. Thanks!...
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 Posted 06/18/2021  08:50 am  Show Profile   Bookmark this reply Add Ballyhoo to your friends list Get a Link to this Reply
As an ANA member I've seen a spike in new membership, largely fueled by the recent pandemic. Also, at a recent local coin show, these new and young collectors are not shy about spending money. What I've seen them buying was quite surprising. Obsolete coinage. Three and two-cent pieces. As far as the cent goes, a series which will always be number one in the hobby, I think the Indian Head is on a rise. Not only among the new collectors but those seasoned as well. Just a few of my observations.
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 Posted 06/18/2021  09:01 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Certainly 1921 Peace dollars!
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 Posted 06/18/2021  09:40 am  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
I'm thinking EF-AU Buffalo nickels before 1934.
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 Posted 06/18/2021  09:41 am  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
Peace dollars are double what I paid just a few years ago.
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 Posted 06/18/2021  09:55 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Certainly 1921 Peace dollars!

Quote:
Peace dollars are double what I paid just a few years ago.
Agreed.
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Australia
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 Posted 06/18/2021  10:40 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Any scarce coin in high MS++ condition will always do well in the long term.

Quote told to me by a coin dealer decades ago:-
" The rare coins get rarer, the common coins stay common".
That is reflected in long term pricing trends.
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 Posted 06/18/2021  2:26 pm  Show Profile   Bookmark this reply Add Chase007 to your friends list Get a Link to this Reply
Yes, the good old Cents in high grades.
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 Posted 06/18/2021  3:06 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
That leaves room for me to hoard all the Mercury dimes that nobody cares!

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 Posted 06/18/2021  4:07 pm  Show Profile   Bookmark this reply Add Oldfordman to your friends list Get a Link to this Reply
I'm about to hoard a few rolls too. Just for fun.
Edited by Oldfordman
06/18/2021 4:07 pm
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 Posted 06/18/2021  4:07 pm  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply

Quote:

That leaves room for me to hoard all the Mercury dimes that nobody cares!


Sadly I picked up a few Mercury and Roosie Dimes and they are also about double the price :( seems like all lower cost coins have increased by a lot while higher cost are up also, especially certified coins.
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 Posted 06/18/2021  8:01 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Hoarding large numbers of coins of a particular type date and mm is a bit more of a beard-scratcher.

I would suggest having a distinct preference for anything in higher grades, the more common ones in high MS++ grades.
These are the sorts of lots of coins that dealers at coin shows find easier to sell. There is always scarcity, (and therefore higher potential demand), in top graded coins.

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 Posted 06/20/2021  03:31 am  Show Profile   Bookmark this reply Add youngmaster to your friends list Get a Link to this Reply
Interesting responses... Thank you for all your responses I think ill be keeping an eye out on that closely
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