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 Replies: 54 / Views: 9,017 |
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Valued Member
 United States
442 Posts |
Sean, Metalman gives very good advice on this one. It's pretty much what I do. I also throw in a pretty liberal dash of "hunch". Hunch being - well I have a hunch.  When you've got your hunch start looking harder at all of the other sources Metalman has listed. You will often be surprised. If you have local dealers they are a great source. When I decided to start picking up 14-S quarters the first thing I heard from any dealer when I asked was "under rated coin". One quoted me a price OVER retail because of this. I didn't buy as the guy I now work for would sell them to me at dealer bid. If you DO start picking up sleepers watch out for over grading as well. It's just like key coins. Dealers/Sellers know or feel it's under rated and this can often lead to over grading. Sleeper picking is kind of like cherry picking but without the "concrete" backing. It requires a lot of patience and willingness to go long term. The ones I've done well with I've sat on for at least a few years but when they start to move they tend to move quickly. Luckily my wife understands this. My collection is in no way all about investment. I love coins. Having the sleepers is part of the fun. |
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Pillar of the Community
United States
7123 Posts |
So far I have not seen or I may have missed it ,,but Half Dimes are a very under rated little coin ,, with some very exceptional dates in the mix ,,I think this series is a sleeping giant ! even going to be impressive into some of the lower grades on certian dates when they move ! conditional rarity on most series I also believe is going to move even beyond where those certian coins are now . High mintages with few Gems is always a good place to look for future gains ! Full step Jeffersons of several specific years are a good place to start ! |
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Pillar of the Community
United States
6326 Posts |
And " Half Dimes" are "affordable" too right now..... I have a few, but not any in the condition I would prefer.....I might have to play these "hunches" and begin acquiring a decent pile of em' ! But they should have a place in everyones collection anyway really.....they're historical and neat and have the beloved "Seated Liberty" of course.......so they shouldn't be ignored and omitted from anyone's collection !...IMHO |
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Valued Member
United States
442 Posts |
Half Dimes. Full of low mintages and small coins. A higher mintage coin that I've been looking at is the Seated Liberty quarter with rays. One year type, really cool and available. Would probably go higher grade. It's a "small hunch". I own none at this point. |
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Pillar of the Community
United States
651 Posts |
I tend look for undervalued coins where different collecting techniques cross like a series collector and type set collecting. Sometimes if it's a key or semi-key you occasionally have many collecting techniques all converging. BTW, an 1871-S Half Dime dime was listed on page 1 :) |
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Moderator
 United States
16677 Posts |
I agree with the Half Dimes. Great values in the set. I just picked up an ANACS G4 1844-O. This is a pretty good date. It's been cleaned, but this date is tough to find problem free. swcoin.ecrater.com
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Valued Member
United States
311 Posts |
Quote:
Well, no one has addressed it yet but there's an explosion ongoing in scarce Morgan and Peace VAMs. I know these aren't types, they're varieties, but the explosion is there nonetheless.
A treasure-seeker mentality is driving this (yes, I'm a victim). Imagine perusing a dealers case and spotting a coin worth $15,000 with a $40 price tag on it. It has been happening! Are people really *paying* $15,000 for these VAMs, though? I've certainly been seeing a lot of hype, but I wonder how many people are really investing in these minute variations once they've been found, as opposed to the number of people searching them out and talking about how rare they are. i just bought the #1 item on my current "sleeper" list- the 1931-S Lincoln Cent. The prices for the higher grades seem low for second-lowest mintage of one of the most popular collector series in the U.S. Once my funds recover a bit, i'll be after S-mint Morgans from the 1880s... |
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Valued Member
United States
346 Posts |
The reason the prices are low for the 1931-S Lincoln I believe is due to hoarding, and exposure of the fact that the mintage was low. Plus it's harder to get exorbitant prices for anything made after 1930 IMO.
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Valued Member
United States
311 Posts |
Maybe so, but I would suspect that people hoarded the '09 issues on an even greater scale, and those prices are EEEEENNNN-SANNNNE!
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Replies: 54 / Views: 9,017 |
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Posted 08/24/2008 1:57 pm
