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Which Of The Classic US Coins Do You Think Are Great Values?

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Author Previous TopicReplies: 15 / Views: 1,668Next Topic  
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merclover's Avatar
United States
10635 Posts
 Posted 06/20/2011  4:57 pm Show Profile   Bookmark this topic Add merclover to your friends list Get a Link to this Message Number of Subscribers
Just pondering this question in my head of late (there is always SOMETHING rattling around in there! lol)... which of the currently fairly readily available Classic Coins are great values right now, perhaps, in your opinion, undervalued? Which coins available now will we see skyrocket in values in, say the next twenty years?

One series that I think are undervalued right now are unstabbed AU and better nicely struck Mercury dimes, especially those with FSB. Those coins are 66 to 95 years old now, and they ain't making any more of them! So many are being snatched up and either stabbed or melted down, and I think we'll see the price eventually catch up, but for now I see them at great values when you can find them in the $10 - $15 price range.

There are bargins still out there. What's your opinion? What do you think is a great value right now?

-Les
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Las_Vegas_Larry's Avatar
United States
817 Posts
 Posted 06/20/2011  8:43 pm  Show Profile   Bookmark this reply Add Las_Vegas_Larry to your friends list Get a Link to this Reply
Almost any MS65 and above.

Most of all the key and semi-key dates.

Buy the coin not the TPG or grade.

The holder usually establishes authenticity with the top two graders.

I would use the grade as a guide but not as absolute value indicator of the coin.

Coin in hand is far far better than on line.
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bwbollom's Avatar
United States
293 Posts
 Posted 06/20/2011  9:18 pm  Show Profile   Bookmark this reply Add bwbollom to your friends list Get a Link to this Reply
I agree with Mercs...I've been a big fan since I first started collecting and even with rising silver prices, I feel like you can still find good deals on them.
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Freedom's Avatar
United States
526 Posts
 Posted 06/21/2011  06:40 am  Show Profile   Bookmark this reply Add Freedom to your friends list Get a Link to this Reply
I do like Merc's but Barber dimes, Quarters and Halfs are what get me going. I can't pass up any of the above in
any type of condition. I have the complete set of Half's, about 100 dimes and close to 100 quarters. A couple of 2X2 boxes filled with them. I guess it is like crack, try it once and you can addicted for life....

I am also in the process of making my Dansco album of Halfs upgraded to at least high VF or low XF, anything I replace goes in the flip box.

I will have to post a new look at what I have been able to complete lately.
Edited by Freedom
06/21/2011 06:41 am
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junior e's Avatar
United States
931 Posts
 Posted 06/21/2011  07:59 am  Show Profile   Bookmark this reply Add junior e to your friends list Get a Link to this Reply
I think that the Indian Half Eagle $5.00 gold coin is a bargain in XF or better below $475. I would look for slabbed coins from NGC, PCGS, or ANACS to verify authenticity. These coins have been heavily counterfeited and the slabbed coins are certain to be genuine. The $10 Indian gold Eagles are equally a bargain at current gold spot prices.
Edited by junior e
06/21/2011 08:00 am
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drdave's Avatar
United States
721 Posts
 Posted 06/21/2011  09:48 am  Show Profile   Bookmark this reply Add drdave to your friends list Get a Link to this Reply
I'm no expert, but I think the Large Cents (late dates, 1839-1857) are undervalued for being so old. I'm not so sure about how popular they are with collectors, though. I would also look at the Walking Liberty halves along with the Mercury dimes. You can get some nice ones near melt value.
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Hambone's Avatar
United States
609 Posts
 Posted 06/21/2011  3:53 pm  Show Profile   Bookmark this reply Add Hambone to your friends list Get a Link to this Reply
I'm with drdave, them large cents are awesomely cheap to be so old. One day people will start to appreciate them more, and therefore the prices will go up. IMO
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GoThunder's Avatar
United States
830 Posts
 Posted 06/21/2011  5:29 pm  Show Profile   Bookmark this reply Add GoThunder to your friends list Get a Link to this Reply
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okiepb's Avatar
United States
1213 Posts
 Posted 06/21/2011  9:05 pm  Show Profile   Bookmark this reply Add okiepb to your friends list Get a Link to this Reply
I don't know about which ones are the best value, but I've always been partial to Indian cents and the Walking Liberty half dollars.

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acloco's Avatar
United States
3540 Posts
 Posted 06/21/2011  9:22 pm  Show Profile   Bookmark this reply Add acloco to your friends list Get a Link to this Reply
Actually, I believe high AU to MS grade Washington quarters....of the silver variety. High MS clad varieties are, in many cases, are extremely hard to come by.

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Bryan1315's Avatar
United States
14454 Posts
 Posted 06/21/2011  11:24 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply

Quote:
Actually, I believe high AU to MS grade Washington quarters

This would not be considered a classic as he asked about
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cipster's Avatar
United States
2362 Posts
 Posted 06/22/2011  10:14 am  Show Profile   Bookmark this reply Add cipster to your friends list Get a Link to this Reply
What about Half Cents? I've bought several recently and the ebay auctions for these don't seem as popular and competitive as for the early large cents.

I would agree with Mercury dimes and Walking half dollars. I have a Whitman album of Mercs (minus the 16D) that I completed nearly fifty years ago. My old note next to the empty 16D slot says $115 but $115 was more than a weeks pay!

I recently have been buying Walking half dollars and feel that they are a good value. I just see them as beautiful coins.

Member ANA and EAC

"You got to lose to know how to win".
Dream On by Aerosmith
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Prethen's Avatar
United States
3234 Posts
 Posted 06/22/2011  10:28 am  Show Profile   Bookmark this reply Add Prethen to your friends list Get a Link to this Reply
I'd say 2 and 3 cent pieces.
Valued Member
United States
76 Posts
 Posted 06/23/2011  11:15 am  Show Profile   Bookmark this reply Add funcitypapa to your friends list Get a Link to this Reply
I don't know about best value, but in my opinion draped bust coinage of any denomination cannot be beat.
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BuffalosRock's Avatar
United States
500 Posts
 Posted 06/23/2011  11:25 am  Show Profile   Bookmark this reply Add BuffalosRock to your friends list Get a Link to this Reply
Coming back into collecting, and looking with an eye on the investment value, so this topic is quite intriguing to me.

I'm not sure that dimes will ever "take off", but maybe that's JMO. I'm curious why you'd say
Quote:
So many are being snatched up and either stabbed or melted down
? I thought most feel that it isn't "worth the cost" to melt down silver coins - in general. Are massive amounts of mercs ( or even pre-65 Rooselvelts as those would be more logical for melting ) really being melted? If I were going to go to that expense/trouble, I might melt 50-64 quarters and franklins, in bulk, before I'd mess with mercs or any dimes.

I agree with those that noted Walkers in this thread. I think those are underappreciated right now when you can get AU's not that much over spot, or much more than Franklins. My local has bins of true AU's in both for $17 and $15 respectively when spot is around $13.

Tho gold seems to have taken a hit today, I am on the $10 gold Indian bandwagon - as "junior e" knows.

I'm hoping that both Indian gold and Walkers eventually "catch on" in my lifetime - as those are what I've been accumulating in the silver and gold areas! Though gem buffalos are my "weak spot"!
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The_Duke's Avatar
United States
1745 Posts
 Posted 06/23/2011  11:40 am  Show Profile   Bookmark this reply Add The_Duke to your friends list Get a Link to this Reply
I agree with the high end Mercury dimes. The premium isn't too great.
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