Time To Buy A Key Date Rare Coin

@eagle_eye_18

Possibly one of the more numismatic treasures of the 19th century is the 1828 10c JR-1

A true rarity in MS rating an R-8.7 and only 44 known examples graded by PCGS and NGC. They come up maybe once or twice a decade at the big auction houses.

The only one on the market right now is $1250 in an NGC MS61 holder. I might buy this myself out of pure impulse.

http://www.collectorscorner.com/Pro...?id=26671256

I have a legit VF30/35 raw of this coin and if you think MS grade level is difficult, try circulated and truly problem free. Its near impossible.



As a fellow Seated freak, I would also recommend something along of the lines of any of the rare San Francisco Mint issue Liberty Seated dimes such as the 1858-S, 1860-S or the very elusive 1869-S 10c if you can even find one. PCGS has graded 5 in MS63 and not one has ever come to auction. An MS62 came to auction 16 years ago. 1871-S is also a good choice.

In any event, congrats on your successes so far and please keep us posted with pics when you acquire your coin.

I'd avoid gold as anything below $10K is common. Draped bust dollars are good in VF for $2K. You can get halves and go to XF-45 for $2K. You can also buy quite a number of decent US patterns in the $2K range. Most of these are ridiculously rare compared to a $20 Saint for the same money. Its just that there are so few pattern collectors anymore, so low supply and low demand conspire. Similarly, a coin like the 1909-S VDB cent is a high supply, high demand coin which keeps the price high. 1909-S VDBs could become even more popular, or a few more collectors of patterns might come into being at some point. Which is more likely to happen?

If you really want something that not many people have save up some more and buy some nice gold.





barryg those are some nice coins. I'll see you 09s vdb in 64rb and raise you to a 64rd.




While not expensive proof Indian Head cents look really nice too.

Why, yes. Yes, they do!

Mine cost me $450 a couple of years ago. I'm sure you could find better examples for more money.

Bravo! That one is much nicer than my VF25 example (and a lot more expensive, to boot)!

I'm with Barryg on the price. I think I payed around $400 for it. I have other classic proof coins and there really doesn't seem to be a huge demand for them. When you do find them you can usually get a pretty decent deal.

My 1889 according to numismedia FMV is $438, the same year and condition business strike had a FMV of $219. The business strike had a mintage of just under 49 million, the proof has a mintage of 3,336 Looking at the mintage numbers most people assume classic proofs would be out of their price range, but in reality they are cheap (unfortunately).

If you really want a classic proof I would consider watching heritage. Typically they have a couple on the Tuesday and Sunday auctions. Just remember the buyer premium if you go that route.