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!

19th Century Sleeper Coins

 
To participate in the forum you must log in or register.
Author Previous TopicReplies: 15 / Views: 636Next Topic  
Pillar of the Community
United States
4146 Posts
 Posted 07/30/2021  6:57 pm Show Profile   Bookmark this topic Add jimbucks to your friends list Get a Link to this Message
What do you consider a "sleeper" from the 19th century?

I will start with 1850 Liberty Seated dollar. Mintage 7,500.
Price from PCGS price guide $2,750 XF-45; $3,250 AU-50.

These are much, much scarcer than the 1850-O dollars.

Pillar of the Community
Learn More...
United States
2620 Posts
 Posted 07/30/2021  8:21 pm  Show Profile   Bookmark this reply Add Parklane64 to your friends list Get a Link to this Reply
Ok, takes notes, and....
Valued Member
United States
149 Posts
 Posted 07/30/2021  9:33 pm  Show Profile   Bookmark this reply Add jonjrl1963 to your friends list Get a Link to this Reply
A lot of Seated dollars are very scarce....
Valued Member
United States
252 Posts
 Posted 07/30/2021  9:40 pm  Show Profile   Check jacrispies's eBay Listings Bookmark this reply Add jacrispies to your friends list Get a Link to this Reply
1864 Proof Two Cent. With an estimated mintage of 100, you can pick this coin up for around $1,000-$2,000. Pretty solid price compared to other rare coins, and I think of how many have survived today.

1832 Half Cent. This coin has a mintage of 51,000 and can be picked up for little to no premium compared to other Half Cents for the type.

Entire Trade dollar series. So many coins were sent overseas, chopmarked, and melted, that only a fraction are remaining.

I've given thought to this subject, but I can't say that in the future that people will start buying these type coins to start date sets. Coins like the 1909 S VDB are expensive because people collect by date. Half Cents and other older coinage people aren't putting date sets together, so it is hard to say if these specific coins will increase in value over other dates. I definitely try to get better dates and "sleepers" when I can!
Bedrock of the Community
Australia
18987 Posts
 Posted 07/30/2021  11:03 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
The only strategy I can think of for identifying any coin type as a sleeper,
is to look at current price trends, and research why a particular type date/mm has a current market value lower than it should be.
You then focus on that particular coin, and search for the best price vs condition.

That is how you cherry pick on-line.
-------------------------------------------------------------------------------------------------------------------------------------------------
Just a reminder:-
When buying on eBay, don't forget the factor of buying and shipping fess, and always make sure there is proper return policy, to ensure that you can closely examine in hand what you have paid for and return it, if you feel that your purchase has turned out to not be good value for money.

If buying slabbed coins, the extra implied value, and costs must also be considered.

It is essential that you do all of your research first.
Edited by sel_69l
07/30/2021 11:21 pm
Pillar of the Community
Learn More...
United States
2957 Posts
 Posted 07/31/2021  02:32 am  Show Profile   Bookmark this reply Add Ty2020b to your friends list Get a Link to this Reply
1864 2 c. proof is a good one!! It has been on my list to acquire for awhile! Its substantial less expensive to obtain over its small motto counterpart, considering small motto mintage of 20-30 vs. 100 for the large motto.
Edited by Ty2020b
07/31/2021 02:45 am
Bedrock of the Community
United States
10531 Posts
 Posted 07/31/2021  09:33 am  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
mintage is only one component when looking for coins that are underpriced. demand is as important. you can have a coin that has a mintage of 1000 but no one is purchasing them you are not going to see the appreciation that the mintage is hinting at.

one coin I think is underpriced is the 09VDB. a high percentage of collectors start out collecting Lincoln cents as most of the coins are readily available but filling that last slot is critical in completing the collection. I know everyone when I started collecting wanted that coin and I see it as a strong candidate. many of them are no longer available because they are in collections reducing the number available and those who have them are not readily willing to give them up.

one other candidate are pretty much any of the CC silver dollars in MS condition which are always in demand and have recently been increasing in value. circulated CC dollars have been increasing even faster and very affordable.
Pillar of the Community
United States
1903 Posts
 Posted 07/31/2021  11:47 am  Show Profile   Bookmark this reply Add kbbpll to your friends list Get a Link to this Reply
All of the Barber dime proofs have mintages under 1000 except 1892 (1,245 coined), and it seems most can be had for around $1000 and often less depending on grade and eye appeal. But as @pansaldi says, there seem to be enough around for the number of collectors of them.
Pillar of the Community
United States
5623 Posts
 Posted 07/31/2021  11:54 am  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
There are many low-mintage dates among Liberty half and quarter eagles. They are all very expensive in high grade but the prices tend to plummet for worn examples. In some cases very scarce dates can be purchased for a relatively small premium over bullion value.
Pillar of the Community
United States
2515 Posts
 Posted 07/31/2021  12:10 pm  Show Profile   Bookmark this reply Add Oldfordman to your friends list Get a Link to this Reply
Most pre1936 wheat proofs seem like sleepers to me.
Valued Member
United States
252 Posts
 Posted 07/31/2021  2:54 pm  Show Profile   Check jacrispies's eBay Listings Bookmark this reply Add jacrispies to your friends list Get a Link to this Reply
This is a great discussion topic. I think mintage numbers are a basic outline, but there are many other factors that make a coin rare and valuable. Many coins have been melted, lost, buried, etc. that mintage is not the only factor to a rarity. I think a sleeper coin has to have a low mintage number, and also be low in demand. This doesn't mean the coin has to increase in value over time, but it has the greatest room for potential growth in value.
Pillar of the Community
United States
4146 Posts
 Posted 07/31/2021  3:00 pm  Show Profile   Bookmark this reply Add jimbucks to your friends list Get a Link to this Reply
I will add another. 1909-S Lincoln. These were not saved at the time because it was the S-VDB that was hunted and saved. Yes, I know it is not a 19th century coin, but it's my post.
Edited by jimbucks
07/31/2021 3:03 pm
Pillar of the Community
United States
2361 Posts
 Posted 07/31/2021  6:49 pm  Show Profile   Bookmark this reply Add thq to your friends list Get a Link to this Reply
Sadly a lot of the 19th Century sleepers are now woke jimbucks.

Jaobler, those circulated rare half eagles and eagles selling near melt have disappeared, and the slightly less rare quarter eagles have gone way up in price. My last bargain was a VG-F 1880-CC half eagle, only because the dealer hadn't kept his prices up to date. And even without regard to prices, what used to be easy to find has completely disappeared. For instance, Northern Nevada had a dozen 1891-CC eagles a year ago and now has one. It says a lot about demand when a CC specialist can't keep them in stock.

If there's anything that's still slightly sleepy it might be slabbed AU and MS gold. The truly rare dates have disappeared, but there's still not much premium for 1890's O and S mint Liberties compared to the bullion dates.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
07/31/2021 7:11 pm
Valued Member
Learn More...
United States
297 Posts
 Posted 07/31/2021  10:09 pm  Show Profile   Bookmark this reply Add Winesteven to your friends list Get a Link to this Reply
Talking more generically, I believe uncirculated Barber coinage of each of the three denominations is undervalued, as well as Three Cent Nickels and straight graded early copper.

Steve
A day without fine wine and working on your coin collection is like a day without sunshine!

My collecting "Pride & Joy" is my PCGS Registry Dansco 7070 Set:
https://www.PCGS.com/setregistry/ty...edset/213996
Bedrock of the Community
Australia
18987 Posts
 Posted 08/01/2021  8:02 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Sometimes, a more sophisticated form of price research may need to be done to identify sleeper coins.
If you have a suspicion that a particular coin may be underpriced, perhaps a graph on price history of that coin type could be done, and compare that to price history graphs of other coins.

It is the graph price history that is often referred to for tracking stock market statistics and bullion prices.
Pillar of the Community
United States
4146 Posts
 Posted 08/01/2021  8:38 pm  Show Profile   Bookmark this reply Add jimbucks to your friends list Get a Link to this Reply
Let me add more items, the pre-civil war D and C mint gold coins have seemed to have been in a long sleep over the last decade or two, with prices declined. They appear to be waking up.
  Previous TopicReplies: 15 / Views: 636Next Topic  
 
To participate in the forum you must log in or register.





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 - 2021 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 - 2021 Coin Community Forums
It took 0.41 seconds to rattle this change. Powered By: Snitz Forums 2000 Version 3.4.05