Sleepers

Coins that are very undervalued...

I think the Pride of Australia $200 gold coins are undervalued. However I am not prepared to say if they will take off or not. Mintage typically around the 4000 mark for each. Not much above gold value.

With the al bronze $1 coins, the Victoria Cross and Barcelona Olympic issues may be relatively over valued, even in the current market. These coins have more than 10 times as many minted, but the value above the metal price is enormous.

All of the above mentioned coins were given to me as well as a proof silver Barcelona $1 coin with continuous milling, in the long box.

The 1930 penny is an example of something which is rare and wanted by many collectors. What you need to always try and get is something that is rare by type/issue and rare for quality. For mine, many high quality bank notes are currently undervalued (but to see returns you would have to hold onto them for 20+ years and also have a budget of $200,000+, ;o) and when I say rare I'm talking pre 1930's 20, 50 and 100 pound notes, other than that there are still some nice banknotes $1,000 or under which are quite undervalued (in terms of their price compared with 5 years ago). In terms of coins, pre-decimal proofs are always popular (some of the proofs post 1956 might be undervalued). I agree with the above comment, I've always thought 1930 pennies were maybe a little steep in price (and a solid return, but you'll never see them shoot up in price by 30% in 1 year, like the 1967 goose dollar for example). Other than that it could be a good strategy to buy semi key dates in rare grades, ie 1915/18 1/2d and 1914/15/25/26/31 1d. I've always thought pre 1936 (uncleaned) florins would also be a good buy if they are in a rare condition.

Add to that the wavy 1966 20c peice. They could very well in 50 years be the coins that grandkids turn around and ask (do you have any 20c coins around so I can look through them for one, like people do know with tins of pennies looking for the 1930)

Actually I'm very good now at knowing what I want to buy and if it will make money if I decide to sell it.

I have a few coins now that I bought (obviously because I liked the design too) that will defiantly make $50 - $100+ from the release price.
For less then 12 months from release that's a good investment.

Anyway I don't have much money to spend as a younger person, so I have spent many an hour doing plenty of research and knowing exactly what I want to buy.

Buying new release coins:
In essence, you obviously look at the mintage, the design and if you like it (after all it's for you to enjoy) what denomination -- value is the coin eg, 50c, $1, $5, $10. and most importantly is it an base metal coin like silver or gold, and yes I wish platinum.
Or a lesser coin like aluminium bronze or cupro nickel.

Mostly gold and silver and platinum are the money markers. But even then a crappy mintage or unpopular design that no one wants can result in losing money in the long term.

I also stay clear or crappy bullion coins (my choice) I don't believe in buying a plain silver coin in a plastic capsule, if I am buying a coin I want it in a box with a certificate and guaranteed mintage, duh! I don't like the idea of bullion coins mass produced like the 2012 dragon coin -- millions I tell ya.
Not to mention the mint sells them wholesale for $21.12 for ½ oz, they then are sold for retail price by a coin dealer for $35.00, you will never make any money on these things as they are always going to be only worth silver price.
Obviously if you had a complete set of all the years, then it may be an investment, but buy one single coin is a no no.

Buying older coins:
This is a toughie, besides my effort at trying to make pre decimal sets. No one really knows how to make an amazing investment, my rule is try to buy it cheap then I cant loose that much money on it.
As coins get more older, and more people want to collect them over time price will slowly go up, as I have noticed I could buy as many threepences as I wanted 12months ago for 50c each, now I have to fork out $1 each for the crappy ones. They are slowly been snapped up and they just aint around like they used to be.

If you are going for one or two older coins I would suggest trying to get quality coins at a good price as they will do better in the long run.

Well done Australian coin, had a similar experience a few months back, my local post office had 2010 proof set on display for $60, I asked if that was the correct price and was told it was, how many do you have was my next question ;-) I bought the three remaining sets in stock!

i started of on a parliament house theme, but after coming across a few low mintage coins I am in 2 minds abut it now.
Australian coin, made a lot of sense to me with her earlier post.