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Replies: 17 / Views: 4,002 |
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Valued Member
United States
321 Posts |
Overrated: 1909-S VDB and 1916-D Merc: Mintages are not particularly low, survival rates are very high. 50000 and 10000 coins estimated to survive respectively. These coins are prices way too high for how common they are IMO. CC Morgans: The only reason these are worth any premium is because they have the CC mintmark. These are actually very common issues. The 1884-CC Morgan is more common in UNC than the 1881-S. If they were priced in relation to rarity, most CCs would be considered common dates. 1995-W ASE: 30125 made, almost all survived, worth thousands. Anything made this millennium: Self explanatory. I could go on forever. Underrated: Most Seated Liberty coins with the exception of the 1844 dime in low grades and the 1875 CC 20 cent. Most have low mintages to begin with, very few were saved, and many dates are scarce. Despite this, most are handed out for free compared to the 1909-S VDB and 1916-D Merc. Most Liberty Head gold coins: See above.
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Pillar of the Community
United States
937 Posts |
Overrated: Series- Morgans Strike- Modern proofs Single coin- 1916-D dime Group- Post medievel European Gold Underrated: Series- 3 cent silvers Strike- Business strike Washington quartersSingle coin- not sure there is one except when you go to sell it. Group- Pre 1800 European copper
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Pillar of the Community
United States
1839 Posts |
Underrated: Proof coins from 1858 to 1915. So Seated Liberty and Barber proofs. Most years had mintages between 400-1000 and many can be had for $400 to $800 in PR63 and PR64 grades. Try to find a business strike issue with mintages that low in MS63 and MS64 and see how expensive they are.
Edited by Tbone 08/20/2016 5:00 pm
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Pillar of the Community
United States
6370 Posts |
 I like classic proof coins. All key dates are overrated. Especially those below VF in grade because they can be found everywhere. They are not rare enough to command the prices they are fetching. Early and higher-grade US is overpriced because of the bloody investors and TPGs. Moderns are overrated, especially after a new release.
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Pillar of the Community
United States
1656 Posts |
Overrated - Clad coinage, slabbed novelty bullion. Underrated - 2 cent pieces, trimes, half-dimes.
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Pillar of the Community
Norway
1358 Posts |
@Tryna: Depending on what you're looking for, a lot of post-medieval European gold can be found at bullion value, often in MS or AU grades. How's that overrated?
Anyway, not sure if this is the popular opinion:
overrated: American coins & Monaco coins underrated: rest of the world.
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Valued Member
United States
314 Posts |
I guess you are intimating that an excess of supply over demand for a not-truly-scarce coin equals "overrated," and that's a valid definition to a degree. Sure, there are plenty of 1909-S VDB's around, but there are plenty more people who want them. It is a coin with a distinctive nature, and I can't imagine that it won't always be, as are some others. I've always been interested in the intersection of rarity and (relatively) low price, which I guess meets the definition of underrated. I would suggest that an underrated coin is the 1885 Quarter Eagle with a triple digit mintage of 800 according to the Red Book, with prices not in proportion to that rarity, at least relative to other examples.
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Bedrock of the Community
United States
20753 Posts |
Seated Liberty coins are just to difficult to collect so their prices are not so great. With so many people collecting Lincoln Cents, I'm only surprised that almost all of them are not overpriced. Millions Minted and still around means nothing if there are many more millions trying to collect them. Imagine possibly 10 to 30 Million people trying to buy a 1909S VDB Cent. All coin prices are basically price and demand values.
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Pillar of the Community
United States
1839 Posts |
Quote: All coin prices are basically price and demand values. Supply and demand really is the bottom line. Since the question at hand is what is underrated and what is overrated, I'd think it comes down to predicting what will happen to demand. If you think that demand for certain coin/series is likely to go up in the near future then that probably constitutes an underrated situation. If you feel that demand is likely to dwindle or even drop significantly then that seems to go along with being overrated.
Edited by Tbone 08/29/2016 11:30 am
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Pillar of the Community
United States
946 Posts |
Morgan's! Any modern US coin IMO. I really do get sick of walking into a show and it's all morgans
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Rest in Peace
United States
18456 Posts |
Overrated , 20 cent pieces .
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Valued Member
 United States
321 Posts |
Quote: Overrated , 20 cent pieces . While the 1875-CC and to some extent 1875-S are overrated, you might want to take a look at the 1875 and 1876 Philadelphia issues.
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Valued Member
 United States
321 Posts |
If the Liberty Head Quarter Eagle series had as much demand as Lincolns, Morgans, or Mercury dimes, most coins would be five figures.
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Pillar of the Community
United States
2271 Posts |
I always get a kick out of people saying moderns are overrated. Something like a '72-D type b quarter might sell for as little as $10 in VG condition despite the fact only a few hundred are known. I wonder what a Morgan with only a few hundred known would sell for. A 1982-P quarter with a full strike in Gem might sell for as little as $50 and lists in RedBook for only $15 but it's entirely possible not a single example with a full strike even exists! These coins get so little attention that even the price guides are "confused". So why would anyone think moderns are "overrated"?
Time don't fly, it bounds and leaps.
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Pillar of the Community
United States
711 Posts |
Over rated: Coins I am trying to purchase.
Under rated: Coins I am trying to sell.
Seriously though, my vote for under rated goes to Mexican Silver type coins.
So much fun and so many interesting varieties.
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Valued Member
 United States
321 Posts |
Quote: Something like a '72-D type b quarter might sell for as little as $10 in VG condition despite the fact only a few hundred are known. I wonder what a Morgan with only a few hundred known would sell for. I don't know about a Morgan but I can sure tell you about a Seated (less than $50 in VG) or a French Colonial Sou Marque (less than $100 in VG). Just look at those Seated half dimes.
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Replies: 17 / Views: 4,002 |