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 Replies: 11 / Views: 2,171 |
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Valued Member
United States
108 Posts |
Hello all! I've recently purchased my first proof from the 1936-1942 era. Being the type collector that I am by nature, I now feel compelled to at least study the earlier era of proof coins, which I believe most consider ends at 1916.
I'm looking specifically for suggestions about which coins are considered "undervalued" in today's market, regardless of denomination or composition. It seems that there are quite a few examples out there with miniscule mintages that are retailing for barely more, and in some cases less, than MS examples of their business strike counterparts.
I understand the concept of "grade rarity" among more mass-produced coins, and also the relationship of heavily saved and hoarded coins (i.e. first-year issues, major design changes) vs. other examples, almost none of which survive in mint state. However, being able to own proof coins over 100 years old with total mintages in the three or four figures is very attractive to me.
Any thoughts?
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Pillar of the Community
 United States
5828 Posts |
Liberty Head Nickels. Proof 64+ examples are available for less than $350.
I purchased my avatar coin, an 1897 PF-61 liberty head nickel (NGC), for only $150.
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Rest in Peace
United States
17900 Posts |
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Valued Member
United States
424 Posts |
I just have to chime in about my favorite, the Jefferson nickel. I know it is considered a modern coin and I know his is the classic coin section, but hear me out. I feel the 1942-P proof silver War Nickel is possible the most under valued proof from the first half of the 20th century. If you shop you can find a high grade raw coin for under $100. If you have not seen one yet then track it down, it will knock your socks off! |
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Pillar of the Community
United States
1839 Posts |
If you're a fan of toning you might want to look into the silver proofs from 1858 to 1915 (they didn't make Barber proofs in 1916). Some of the most amazing toning you'll ever see comes from proofs of that era. That said, I think Barber dime proofs, and Seated dime proofs are undervalued. Most mintages are between 500 and 1000. A few examples      Edited by Tbone
02/02/2016 10:02 pm
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Pillar of the Community
United States
500 Posts |
some non ebay quick research finds pulled from a random website: aall prices listed were obo 1884 Indian Head cent, PCGS, Proof 64RB, PR64RB $465 1888 Three Cent Nickel, PCGS, Proof 64, PR64 $400 1882 Shield nickel, NGC, Proof 65, PR65 $675 1871 Half Dime, PCGS, Proof 62, PR62 $450 1882 Seated dime, NGC, Proof 62, PR62 $450 1892 Barber dime, ANACS, Proof 61 Cameo, PR61CAM $500 1883 Seated quarter NGC, Proof 63, PR63 $925 1897 Barber quarter, NGC, Proof 63, PR63 $850 1902 Barber Half, PCGS, Proof 62, PR62 $850 So I agree. You can find some vintage proofs that are still "reasonably" priced. |
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Valued Member
United States
311 Posts |
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Bedrock of the Community
United States
11951 Posts |
Some really good food for thought.
I have thought about getting some older proofs,
for some reason I just never got around to it.
Maybe this will be the year.
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Rest in Peace
United States
17900 Posts |
Careful GR58. Once you own a couple classic proofs, see the low mintage, and appreciate the artistry - you can have a tough time escaping the siren call of MORE MORE MORE!
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Pillar of the Community
United States
1839 Posts |
 speaks the truth |
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Pillar of the Community
1153 Posts |
Those dimes and quarters are gorgeous
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Rest in Peace
United States
17900 Posts |
Tbone - those coins you displayed are each of incomparable beauty.  Your eyes. |
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Replies: 11 / Views: 2,171 |
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Posted 02/02/2016 7:09 pm
