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In Your Opinion, Which Coins Are Over Valued?

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darryldarryl's Avatar
Canada
2426 Posts
 Posted 04/22/2016  09:27 am Show Profile   Bookmark this topic Add darryldarryl to your friends list Get a Link to this Message Number of Subscribers
I will start with the 1948 Silver Dollar.
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Canada
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 Posted 04/22/2016  09:36 am  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
The 2005 p non mag pennies, there are just wacks of them, yet people still believe there worth 5000 or more when a large dealer is offering for 2500.00
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Alex A's Avatar
710 Posts
 Posted 04/22/2016  10:24 am  Show Profile   Bookmark this reply Add Alex A to your friends list Get a Link to this Reply
I've never understood that.
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oriole's Avatar
Canada
5240 Posts
 Posted 04/22/2016  5:18 pm  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
@darryldarryl, why do you think that the 1948 silver dollar is overvalued? What should its value be then (3/4, 1/2, 1/3 of what it is now?).

I am not agreeing or disagreeing, but I am curious why you think that.
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darryldarryl's Avatar
Canada
2426 Posts
 Posted 04/23/2016  08:25 am  Show Profile   Bookmark this reply Add darryldarryl to your friends list Get a Link to this Reply
The 48 silver dollar can be found at just about any coin show or coin dealer. A dozen on ebay as I type.
I can buy the coin any second of any day if I want to spend lots of money on a coin that has been over hyped for many years.
In my opinion the coin is not even close to being a rare coin.
Edited by darryldarryl
04/23/2016 5:08 pm
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SpaceMaNy0's Avatar
United States
343 Posts
 Posted 04/23/2016  09:05 am  Show Profile   Bookmark this reply Add SpaceMaNy0 to your friends list Get a Link to this Reply
To me, CC Morgans seem a little too expensive.
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Pacificoin's Avatar
Canada
5394 Posts
 Posted 04/23/2016  10:49 am  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list Get a Link to this Reply
After the 1948 Dollar which I also think as Darryl stated is numero une , the 1858 Large Cent way more common than the socalled mintage indicates.
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jdmern's Avatar
United States
1949 Posts
 Posted 04/23/2016  11:01 am  Show Profile   Bookmark this reply Add jdmern to your friends list Get a Link to this Reply
1925 Nickel
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Canada
5588 Posts
 Posted 04/23/2016  4:39 pm  Show Profile   Bookmark this reply Add okiecoiner to your friends list Get a Link to this Reply
I agree that the 1858 large cent is way overpriced, unless it's a scarce special variety.
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oriole's Avatar
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 Posted 04/23/2016  6:01 pm  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
I read an article about the 1858 cent. The most quoted mintages are definitely much lower than they really are. It may have been someone on the forum who wrote that but I forget where it was now.
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 Posted 04/23/2016  6:25 pm  Show Profile   Bookmark this reply Add okiecoiner to your friends list Get a Link to this Reply
The published mintage (from Charlton & elsewhere) for 1858 is low by a little more than million.... it's not 461,000 . It's about 1.6 million. At any coin show or shop, you can have your pick of 1858's, and that's not counting all those in collections and hoards. They've been put away for 150 years because that 461K figure made people do it.
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Quatchi's Avatar
Canada
228 Posts
 Posted 04/23/2016  6:37 pm  Show Profile   Bookmark this reply Add Quatchi to your friends list Get a Link to this Reply
1954 NSF 1 Cent... Too many of these available to justify the huge price tag.
Same goes for the 1973 Large Bust 25 Cent with the exception of a nice uncirculated business strike.
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United States
840 Posts
 Posted 04/23/2016  7:15 pm  Show Profile   Bookmark this reply Add colonialtokens to your friends list Get a Link to this Reply
The coins I need are overpriced.
The coins I own are underpriced.
Ugh.

doug
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darryldarryl's Avatar
Canada
2426 Posts
 Posted 04/23/2016  9:06 pm  Show Profile   Bookmark this reply Add darryldarryl to your friends list Get a Link to this Reply
All coins I buy are over valued when I try to buy them and under valued when I try to sell them. Hmmm.
Edited by darryldarryl
04/23/2016 9:07 pm
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Alex A's Avatar
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 Posted 04/24/2016  09:27 am  Show Profile   Bookmark this reply Add Alex A to your friends list Get a Link to this Reply
Yah, that happens to me too. Seriously, the newer versions of Charlton have the mintage corrected for the 1858 large cent. But Vol. 2 still has incorrect mintages for some of the NCLT issues.
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 Posted 04/24/2016  1:40 pm  Show Profile   Bookmark this reply Add purelywasted to your friends list Get a Link to this Reply
Common circulation coins 1968+ that are priced $2-3 over face, you are really paying for someones time, not the collectible value above that.

Some might argue that the highest MS grades are worth a premium, but there is so many ungraded/unsearched rolls out there, that any premium seems to be because not enough coins have made it to a TPG for grading, not the scarcity of the physical product.
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