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Still Worth It To Buy Key Date Coins?

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gawd0wns's Avatar
Canada
464 Posts
 Posted 05/15/2008  08:57 am  Show Profile   Bookmark this reply Add gawd0wns to your friends list Get a Link to this Reply
How are coin prices in general these days? Would you say they are at a high, or at a low?
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mycrob's Avatar
United States
2602 Posts
 Posted 05/15/2008  12:02 pm  Show Profile   Bookmark this reply Add mycrob to your friends list Get a Link to this Reply
I would recommend loading up on Jefferson key dates (the big 5- 38D, 38S, 39D, 39D, 50D) which are very attractively priced right now. They may stay stagnant for a few more years, but they almost have to start climbing, especially since you can hardly ever find any of these in circulation.

Other keys to consider: most of the Lincoln wheat semi-keys are affordable.

I think the two Washington quarter keys, 32D and 32S are very low for their mintage and increased degree of collector interest in the Washington series (due to Statehood Quarters).

Lower mintage FDR silver dimes I think are attractive, like 49S, 55.

The Franklin half series is also a sleeper- you can usually buy a circulated complete set for just over buillion, despite there being a number of low mintage coins in the series. If you buy a few circulated sets, you are bound to get a few nicer pieces and can keep one nicer set and sell the remainder.
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coinguybrian's Avatar
United States
5375 Posts
 Posted 05/15/2008  10:57 pm  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
Hmm...those might not be a bad bet especially in higher grades for the long term. Some older suggestions would be nice too, but I guess a lot of people ignore newer stuff.
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mycrob's Avatar
United States
2602 Posts
 Posted 05/16/2008  11:57 am  Show Profile   Bookmark this reply Add mycrob to your friends list Get a Link to this Reply
I should also add Buffalo nickels- 26S and 31S in lower grades are very affordable and they are among the lowest mintage of the series. 26S is already seeing upward movement. I see a lot of insanely high prices on ebay for mid to upper grade 26S coins. So maybe go after the G/VG grades for both 26S and 31S.
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Pennypusher's Avatar
United States
486 Posts
 Posted 05/16/2008  12:20 pm  Show Profile   Bookmark this reply Add Pennypusher to your friends list Get a Link to this Reply
A very cool coin for about 10K+ is the elusive 1829 dime w/ curl base 2. -PP
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toniblab's Avatar
United States
336 Posts
 Posted 05/16/2008  12:27 pm  Show Profile   Bookmark this reply Add toniblab to your friends list Get a Link to this Reply
do like I am doing buy as much of the 1933 d pennies as you can find this is a very cheap coin even in bu .and that is like 100 per each onethis coin should be at less 10.00 in good it only 3.25 and this one coin dealer is hording the 1938 d buff.it cheap also. any thing below 1940 in pennies is red bu should be bought up they are still super cheap.
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biokemist6's Avatar
United States
12437 Posts
 Posted 05/16/2008  12:49 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
It is always worth it to buy key date coins. It has been proven through the years that key dates increase in value much faster than common dates. You just need to be more cautious when buying keys due to the amount of money and potential for forgery involved but as long as you buy from a trusted dealer or slabbed by a top 4 TPG, you should be fine. If you cannot afford the keys for a particular series, work on the semi-keys- they will still increase in value faster than a pile of common dates.
Edited by biokemist6
05/16/2008 12:51 pm
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coinguybrian's Avatar
United States
5375 Posts
 Posted 05/16/2008  6:29 pm  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
What are the ones that are most often forged? And will some dishonest dealers still try to sell them?
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coinguybrian's Avatar
United States
5375 Posts
 Posted 05/19/2008  04:09 am  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
My idea was that it'll save money in the long run to knock out the most expensive and most rapidly increasing ones first, is this necessarily right?
Valued Member
United States
177 Posts
 Posted 05/19/2008  1:08 pm  Show Profile   Bookmark this reply Add BobK to your friends list Get a Link to this Reply
Given that keys tend to appreciate in value at a higher rate than the common dates, yes, I'd say that in the long run you'd save money.
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