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1915-S Barber Dime Undervalued?

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buddy16cat's Avatar
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 Posted 12/20/2014  05:49 am Show Profile   Bookmark this topic Add buddy16cat to your friends list Get a Link to this Message Number of Subscribers
I recently purchased a lot of Barber dimes that contained a 1915-S which I believe is VG10. Is there a reason why the listing price is $11 on Numismedia when coins with similar mintage are priced much higher?
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Gothic's Avatar
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 Posted 12/20/2014  06:58 am  Show Profile   Bookmark this reply Add Gothic to your friends list Get a Link to this Reply
http://www. (207) Not Allowed - Auto-Removed .com/coins/1468/dimes/barber/1915-S/

Maybe something to do with not being swallowed up in the earthquake about 10 years earlier? Seriously wondered that myself when I was putting together a circulated set that included that 96S bugger. :)
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kanga's Avatar
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 Posted 12/20/2014  08:16 am  Show Profile   Bookmark this reply Add kanga to your friends list Get a Link to this Reply
Remember, the number struck is not the important figure.
The important figure is the number available.
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TypeCoin971793's Avatar
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 Posted 12/20/2014  08:19 am  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list Get a Link to this Reply
and the number wanted. Simple supply and demand.
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dave700x's Avatar
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 Posted 12/20/2014  08:25 am  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
A quick look on ebay resulted in 53 listings for 1915-S and 211 listings for 1916-D. It's all about supply, demand and maybe most importantly, perception.
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 Posted 12/20/2014  09:02 am  Show Profile   Bookmark this reply Add Tryna to your friends list Get a Link to this Reply

Quote:
A quick look on ebay resulted in 53 listings for 1915-S and 211 listings for 1916-D.


This is not unusual. If you check any series with one or two key coins up for sale on auction sites like ebay or Great Collections, or Heritage it is not unusual to see more of the key dates than a ‘common' date close to the key. Often you will see a dozen or so 1932-s Washington quarters and only one or less 1935-s. I think this is because there is more of a market and more buyers for the key date coins so people are more ready to sell them and pay the auction fees.

This can skew the information of value and rarity, especialy over the short term. This is one of the (but not the only) problems with using ebay sold listings as a value guide.
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buddy16cat's Avatar
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 Posted 12/20/2014  3:11 pm  Show Profile   Bookmark this reply Add buddy16cat to your friends list Get a Link to this Reply
When I bid on this lot there was no reverse pic and not all the coins were even shown. I figured a couple would have mintmarks, the 1915-S and 1899-O. I guess that is true though about demand and supply. Another one I have that is the same is 1913 Barber half I got in a lot. There is plenty out there for sale and that does seem to affect price. I know the coin below looks like it has an "S" but it is just a mark and not near where the mintmark should be.


1915-S-Barber-Dime-Undervalued?

1915-S-Barber-Dime-Undervalued?
Edited by buddy16cat
12/20/2014 3:13 pm
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Nickel Guy's Avatar
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 Posted 12/20/2014  5:13 pm  Show Profile   Bookmark this reply Add Nickel Guy to your friends list Get a Link to this Reply
It's all about supply and demand.
A great example is from 1964 when everyone thought the 1950-D Jefferson nickel was going to be the next great rarity; all because it had the lowest mintage of the series.

Next thing you know, the price for one uncirculated roll would set you back a cool $1200!
Today it still has the lowest mintage. However, the demand isn't nearly as strong as it was in 1964. This has directly affected the price too; because today that same roll will only set you back about $380.
Edited by Nickel Guy
12/20/2014 5:13 pm
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buddy16cat's Avatar
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 Posted 12/20/2014  5:34 pm  Show Profile   Bookmark this reply Add buddy16cat to your friends list Get a Link to this Reply
Yes, I was just reading an article about undervalued coins like 1908-S Indian Heads. Some series are popular with collectors increasing the value. Wheat cents are popular since many can still be had in circulation making the value of 1909 S VDB increase even though many other key dates have less mintage but do not fetch as much.
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matthewvincent's Avatar
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 Posted 12/20/2014  6:16 pm  Show Profile   Bookmark this reply Add matthewvincent to your friends list Get a Link to this Reply
Regarding the Lincoln Cent:
There is an interesting thought that I came upon:
"You'll see a number of 09-S VDBs at any coin show but relatively few 14-Ds."
The first year was saved, but five years later not so.
The 1915-S Barber dime is missing from many a partial set. Yet it can be purchased relatively easily.

The trick is the grade: Goods and Very Goods are out there but Fines and above are more difficult to locate.
Mintage is only one factor. Survivorship is another. Add collector interest and you have three factors to juggle.

That 1913 Half is a prime example. Low mintage, yes. Low survivorship - well, not in grades above very good.
50 cents was big money way back when so they circulated.

Collector interest? Well, I'm not about to tell you what my picks are. After all, I still have a few upgrades to find. A 1915-S Dime in an eye-appealing fine or better will hold its own over time. You won't get rich but you won't regret having purchased it.

And just finding a nice VG in a job lot - THAT'S a good day!
Edited by matthewvincent
12/20/2014 6:17 pm
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