Most Under Rated Country For Coin Investing

Just it depends on supply and demand.

Early Islamic gold coins.
Unfortunately, they will probably remain under rated.

For most Western people, early Arabic script, as it appears on the coins, is difficult to understand.
There seems to be very little interest amongst wealthy Islamic people in their own numismatic heritage.

People usually guess that countries they expect to do well in the future will naturally see a price increase in their coins as more wealthy citizens take to collecting, so these threads are usually "what countries do you have high hopes for?", but some countries are just not as collectible as others and demand does not only come from inside of these countries. (otherwise, Vatican coins would see annual mintages of ~1,000 instead of ~100,000)

I would put some of my hopes in Asia - maybe China (although China is now one of the increasingly few countries where you can still find coins from the 1950s in circulation), but India stands out as a country with an excellent variety of modern circulating coins (to get people started) and an incredible historical depth to match (British India, Princely States, Mughal Empire, and then before that you just have so many kingdoms and countries you'd go crazy). Mexico is another one, their coins have been popular for a long time in America, they are the world's largest producer of silver and have classic precious coins to match, and so I think it's only fitting that once again, coins from Mexico will be desired throughout the world...

I would also watch coins from Eastern/Central Europe, all of these countries have long and interesting histories.

I only say Mexico not because of the new Gurney Counterfeit 8 Reales book but the fact the Mexican Numismatic Association was just started as an organization only 3-4? years ago ... ENUF said ... <VVBG>.

JPL

The Canadian Mint did a number of coins for the Cayman Islands and the Turks and Caicos in the mid 1970's. The Sovereign Queens collection is a beautiful set and the coins can be had for not much more than bullion value. Same for the Cayman Victoria Crown compendium, 20 and 50 crown coins.


Belarus has many low mintage high standard coins as of late including the folk "Legend of" series, that are low mint in the silver versions.

Love this one and wish we could substitute the Victoria Gothic Florin obverse with it:

http://www.mint.ca/store/news/royal....VDesfmddWbY

That design looks like a color version of the old British Trade Dollar/Straits Settlement reverse.

Early Islamic, both gold and silver, in high grades have come down in price in the last few years since the wealthy Arab collectors have lost interest in bidding up the prices to sky high levels. Western collectors are just not that interested in Islamic coins because they are difficult for them to understand.
Chinese cast can still be found at a reasonable price if you know where to look. Counterfeits are still a problem for the higher value pieces. Northern Sung is the most undervalued of all and probably will stay that way forever.
Yongzheng in particular is getting harder to find.
Japanese cast is undervalued, the domestic Japanese market is still in the doldrums. Coin collecting there is not too popular still (stamp collecting is VERY popular in Japan, though).
The market for certain segments of Indian is red hot (Sikh, East India Company milled issues, errors, and Kushan gold).

I do not invest in coins. Two reasons, no money. and the knowledge that coin investing is far more speculation than investing, especially with the question asked starting this thread.

If I did speculate...
I would look for a country that in the not too recent past had a crown sized silver coin minted and still available in sufficient quantities to market them well. Marketing is the key to rapid value increase. The smart money is moving away from precious metals and coins, the very smart money is long gone from the scene.

Of the countries mentioned I would guess Mexico would be the most likely canidate. The government is already promotiong the country's industrial potential and has solid connections with the US and Canada so investors would believe the marketing hype.

The key to a coin being a 'good' investment is not true rarity but something that is no longer minted with enough stock to promote and a preceived rarity. Case in point Morgan dollars.