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SLQ Semi-Keys And Outlook

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afcop13's Avatar
United States
1409 Posts
 Posted 04/22/2010  3:48 pm Show Profile   Bookmark this topic Add afcop13 to your friends list Get a Link to this Message Number of Subscribers
In order to avoid hijacking nod's 1916 SLQ thread about this, I figured I'd start another one.

We all know that the 1916, 1918/7, 1923-s and 1927-s are considered the keys in the set. Of late, I've seen a hard run on 1919 D and S mints, as well as the 24 D and S's and 28D's. 1921's are always tough too. All 1917 type 2's seem to be bringing premiums lately as well.

I've started to really pay attention to all of the editions with less than 2M in mintage, and think there may be some opportunity in the 26D, 29D, 29S, and 30S. You should be able to land an XF40 or better example of one of these at $65-90 with a little patience. IMO - that is undervalued. Just my .02.

But the one that I think may be flying under the radar is the 27D. Mintage is less than 1M, and you can still find them in VF-XF condition fairly easily. AU examples are even affordable for most of us chasing this set, running right around $200. Compare that to an AU 26D which is nearly double the mintage at only $50 less.

I know anything pre-25 is tougher due to date issues, but wanted to see what you guys think will be the semi-key coins in this short but difficult set over the next couple of years?

Rest in Peace
johnny54321's Avatar
United States
4849 Posts
 Posted 04/22/2010  6:33 pm  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply
ALL of the slqs that I'm in the market for are very common, so don't even bother bidding and wasting your money. If I decide to sell them, they will instantly become very rare and valuable.

Ok, so I guess no one's convinced. In seriousness, I think a lot of the semi-keys are catching up to the 1921(which I've always considered a key) in price. For some reason, the 1921 seems to be consistently selling well below book. Maybe it's because too many of us are finding them in junk lots, who knows?

The 1919 and the 24-d are quite strong despite being of higher mintage than other semi-keys.

I really like the 27-d too, and I really need to upgrade mine. However, I think that coins with a mintage below a certain point(like a million) have a certain "psychological" demand because they appear to be rare though the actual survival rate may be much higher than the value reflects. Even my beloved 1916 slq suffers from this to some extent, though I hate to admit it.
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