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 Replies: 12 / Views: 3,466 |
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New Member
United States
33 Posts |
I found out that there were only less that 800K 1996 S Dimes made. They are affordable now (not really worth anything) but could be in the future for great- grandchildren and beyond.
Does anyone know of modern coins that have low value now, but could increase in the future?
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Pillar of the Community
United States
6130 Posts |
The long term value of modern coins largely depends on how the Red Book and album companies choose to handle them in the coming years. Many US collectors are driven to fill holes; no hole, not as much demand. I am hopeful that the special dimes in the 2015 March of Dimes set will grow in value - the set contains a reverse proof and a proof W mint dime, mintage of both 75k. Most sets will surge in value briefly if supply is successfully mopped up by prospectors. For example, the MoD set was issued at $60, briefly went for $150-200 on ebay, then settled to $60-70. For long term growth, it would honestly be best to buy at initial release, sell at the peak of the craze, then buy the sets back a year later and invest the profits in stocks or PM. In terms of common coins, I think modern plated cents have the most potential. Mine honestly aren't stored optimally (in rolls in a box in my office) and if I don't invest in a better solution (sealed box with desiccant packs, maybe?) Most of them will be lost to zinc rot by the time I am dead and gone. None will last forever, but the last MS70 zincoln will sell for a king's ransom. |
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Pillar of the Community
United States
1187 Posts |
I also like the 2015 MOTD sets. 2009 of any coin is also harder to find in circulation however many people hoarded these so I doubt they will be very valuable.
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Rest in Peace
United States
10625 Posts |
Nice MS examples of 1982 P,D and 1983 P,D Quarters and Half Dollars.
Edited by dave700x
07/27/2018 11:03 am
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Pillar of the Community
United States
744 Posts |
The 96S had a run of 1.7 million, the Silver 96S had a run of under 800K, like almost all the other silver ones.
One of the lowest modern (Clad) P&D runs is the 2009-D - that might be one to put a roll away for your grandkids...
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Pillar of the Community
681 Posts |
1970-s DDO Lincoln Cents show an upside now that the RedBook has included them with a "-" for price. And they are as rare as the 1969-s DDO. |
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Bedrock of the Community
United States
17884 Posts |
I'm putting together a set of the modern commemorative dollars in Unc. Mintages on many of them are ridiculously low. Take this years breast cancer dollar. Been on sale for several months now and the mintage hasn't broken 11,000 yet. One of last years had a mintage of just 12,000. I bought one of the breast cancer dollars last month for LESS than the issue price form the mint. I admit there really isn't much interest in the series, but with a mintage of 11,000 how much increase would you need?
Edited by Conder101
07/28/2018 10:28 am
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Pillar of the Community
United States
2270 Posts |
Quote:The long term value of modern coins largely depends on how the Red Book and album companies choose to handle them in the coming years. Many US collectors are driven to fill holes; no hole, not as much demand. The catalogs and Red Book are holding these coins down by the prices and grades they report. It's appears intentional but it's hard to say to what end. But there are coins trading on ebay independently of Red Book's laughably low prices. Look what a nice attractive AU '82-P quarter brings. Eventually collectors will notice that coins like nice attractive 1969-P quarters are almost impossible above VF condition and then they'll be bid up on the net no matter what the catalogs do. These coins were tough the day they left the mint and 50 years of circulation has been hard on them. Barely a quarter million are left in mint sets and 95% of these are unattractive. The 5% that are nice are typically tarnished now days. There are lots of clads and other moderns that are vastly underappreciated. There is a perception that they are all common so no one ever collected them as the vast majority of the coins were lost, degraded, or tarnished right in the mint sets. Some aren't tarnished in the set but try finding a nice clean BU '92-D quarter. Try finding a clean '79-D cent or an '81-P quarter with good surfaces. Everyone is in for a rude awakening if collectors ever start collecting moderns and it appears some are. Time don't fly, it bounds and leaps.
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Valued Member
United States
75 Posts |
@cladking
Do the specific coins you mentioned have lower than average mintage or is it lower surviving specimens?
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Bedrock of the Community
United States
20753 Posts |
Quote:1970-s DDO Lincoln Cents show an upside now that the RedBook has included them with a "-" for price. And they are as rare as the 1969-s DDO. Kind of wish people wouldn't point that out. As the manufacturers of Folders and Albums see that, might just add slots for those too.   |
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Pillar of the Community
United States
1374 Posts |
Quote:
I'm putting together a set of the modern commemorative dollars in Unc. Mintages on many of them are ridiculously low. I believe there are 5 (1995/6 Olympic issues), before last year's issues, with mintages below 20,000. Most have done pretty well, with mint issue prices of $32 and TPG graded MS69s now selling for around $150. If this is any indication, then it might be worthwhile picking up last year's Lions Club and Boys Towns coins, along with this year's Breast Cancer coin, as it looks they will all have mintages less than 20,000 as well. You can usually find TPG MS69s of these 3 coins in the low $60s. Less than you could have purchased them from the Mint for and got them graded yourself (but of course if you did that and are lucky, then you might get a MS70 ) |
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Bedrock of the Community
United States
17884 Posts |
There are currently 9 issues with mintages under 20,000 and 10 more below 30,000 I have purchased several with mintages below 50,000 for as low as $17. Not much more than melt.
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Pillar of the Community
United States
2270 Posts |
Quote:
Do the specific coins you mentioned have lower than average mintage or is it lower surviving specimens? It's survivability. It used to be that if collectors didn't set coins aside it usually didn't matter because there would be plenty in storage or that didn't circulate for some reason. But in 1972 the government switched to First In First Out accounting and this means coins no longer have sat in storage. All the coins have been ground up and lost in circulation equally. This makes coins like the '69 high mintage but scarce in nicer grades. Of course there are other reasons moderns can be tough. The '84 cent had plating and surface problems. They still hadn't worked the bugs out of the plating process and most dies that year were not smooth. About 99.8% of coins came off the dies ugly or were certain to corrode very soon. This wouldn't be a problem except few coins were set aside. Speculators set very few coins (especially clad) aside over the years and almost nobody collected the coins so they simply got lost and damaged in circulation. They weren't collected because three generations hated base metal coins and there was a widespread belief they were too common to collect. Time don't fly, it bounds and leaps.
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Replies: 12 / Views: 3,466 |
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Posted 07/27/2018 10:50 am
