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Replies: 35 / Views: 7,110 |
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Pillar of the Community
United States
1984 Posts |
All of my coins are undervalued and all of your coins are overvalued.
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Bedrock of the Community
United States
12437 Posts |
Quote: i think jmo that the washington silver quarters 1932-1964 are undervalued in ms65 grade anyone else agree They were certainly undervalued before the State Quarter series. Now, not so much as I am putting together an AU/MS set(a bit lower for 32D&S and 36D) and I have spent $75-125 on several non-keys and I still have a few to go. Post 1940 might be a bit undervalued but the pre 1940s have really been shooting up. I am inclined to go with Bust halves. How many other large silver 170+ year old coins can you buy in VF for under $100?
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Pillar of the Community
United States
3234 Posts |
How's this quote from the "ultimate" salesman: "Everything I sell is undervalued!"
In reality, nothing is undervalued. Perhaps "underappreciated", but not undervalued. It's all about supply and demand. You might have a situation where there were only 2 coins minted and a single collector. The coin will likely have a low "value" but not enough demand to drive it higher.
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Pillar of the Community
United States
6326 Posts |
 And I might add, that with the United States population explosion happening for the last two hundred years or so (esp. in the last century)..... the "demand" will be "ever increasing" for classic coins !.....look at " legal immigration" and 40 year increments of the population of the United States......it's astounding how we keep adding more people and growing and living longer than ever before !...And look at the number of coin collectors 50 years ago and compare it to today. They say there are 170 million coin collectors of various levels right now..... that's over half of our population !......how many with 1 billion population then ?.....530 million collectors?....just guesses and theories...but interesting...  Once we move from 300 million to 1 billion in 40 years or so.....in my head and by my math, that means A LOT MORE COIN COLLECTORS !....  ....... that means the price and the demand for my classic coins will ever rise !......  ...(at least it'll rise in 40 year increments I'm guessing/betting... including silver) There won't be enough "Classic" coins to go around for all those who will want them........Eaglefoot leaves the room to go hoard some more coins..... 
Edited by eaglefoot 06/03/2008 1:12 pm
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Pillar of the Community
United States
2049 Posts |
Quote: I want an Elmer Fudd Franklin. That's a particular 1955 variety, am I right? Are all 1955's Fudd's or just a select few? There is a "Bugs Bunny" variety of the 1955 Franklin. The exact number is unknown, but it doesn't command a super high premium. Some people have said it looks like dracula teeth, but it seems to be widely known as the Bugs Bunny variety.
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Rest in Peace
United States
2668 Posts |
The 1892 and 1893 Columbian Exposition Half Dollar Commemorative.
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Pillar of the Community
United States
3234 Posts |
Quote: The 1892 and 1893 Columbian Exposition Half Dollar Commemorative. I sort of doubt that....ultra common.
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Pillar of the Community
United States
666 Posts |
I never would have thought this, but I'm having a heck of a time completing a semi-high grade roosie set.
The first 3/4's of the set was pretty easy to put together, and what are supposed to be the "keys" were easy enough to get at roughly book value or less...
But I'm having a heck of a time finding high end examples of about 8 of the silvers and quite a few of the clads. Admittedly I'm not going the certified route as most of these coins in the MS63-64 grade don't justify the price of certification.
I'm at the point of paying 1.5x book and have the feeling that I'm going to end up paying 2x book by the time it's all said and done for the final few.
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Pillar of the Community
United States
6385 Posts |
I think the braided hair Half Cents from 1849 to 1857 are mostly "under-appreciated". They are obsolete type coins (also obsolete denominations!) and most have mintages less than 60,000. Choice AU examples slabbed by the major TPGs are generally available for less than $200. They seem like bargains to me!
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Valued Member
United States
157 Posts |
Thanks for clarifying the Bugs Bunny Franklin half for me, CoinHunter5222... I was confused. But that helps me a lot when I go looking for mine! It shall be mine! And I want a good one too!
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Pillar of the Community
United States
628 Posts |
Great topic.
Bust halves, quarters, and dimes I think sell at bargain prices.
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Pillar of the Community
United States
1267 Posts |
1927 Peace dollars and 1931-D Mercury dimes. Just look at their total mintage's when compared to the pricey key dates within their respective series. Take Care Ben
Edited by Bonedigger 06/05/2008 4:53 pm
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Rest in Peace
United States
4849 Posts |
One "element" of coins that is very difficult for me to determine value on, is coins that are colorfully toned. I happen to prefer them, in general; given it is a natural occurence. Since I seek them out, what I find interesting is the large spread in price on these type of coins. Some dealers will sell them at book value, and others will sell them at 5X book value...or even more. I found a common ASE eagle with a pretty rainbow toned graded by ICG at MS-68 at the coin store the other day. The dealer was asking $1600!! I mean, come on? On the other hand, this dealer has some very reasonably priced coins. I find toned coins to be kind of a niched market, and may sell for exhorbitant amounts to people who have to have that look. If you look hard enough though, you can find nicely toned specimens that go for grade value(and are top tier slabbed), so I would say that those are undervalued to some extent. However, I'm glad that not everyone finds colorful toning attractive, as I would have a much harder finding ones that I can afford.
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Pillar of the Community
United States
2540 Posts |
Ben: I agree on the Merc.
Also, check out the price on the 1917 D Merc. Much scarcer than the price indicates. Also, the 1931 P & S.
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Valued Member
United States
69 Posts |
What about early commemoratives. I just started in these and everywhere I hear people say that they are very cheap now compared to what they were, not sure if they are undervalued or just unappreciated. I hope they stay "dead money" for a few more years so I can collect them cheaply.
smallchange
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Replies: 35 / Views: 7,110 |