Most undervalued coin

Making money in collectibles is tough. The only sure way is to learn how to buy them and sell at a profit. After that the best bet is pure blind luck. If the first two don't work for you then you have no choice but to buy something that is underappreciated. Ikes and most moderns certainly fulfill this requirement. Generally people aren't going to recommend things that aren't popular so almost all recommendations will be for popular coins. In order for popular coins to increase they have to become even more popular. I think generally the best bet is going with unpopular and hoping for the best.

Of course in the long run it's the real collectors who tend to do best so try to attack this as a collection instead of an investment. Collectors learn more and see bargains in their specialty upon which they can capitalize by trading or selling. Their costs of acquisition decrease as their appreciation of truly scarce coins increases. When it comes time to sell they have those coins that went up the most where speculators only have the coins that were most available.

If you have fun in the hobby you have a sure thing and a better chance of making a profit and this applies no matter what you collect.

 

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Next time I see Bill Fivaz I'll let him know about your review of his book.

 

Bill is a good friend of mine, he already knows- chuck

 

Are you saying that the new edition of the Cherrypickers' Guide is not written well but the book the Ike Group put out is? When I read your rantings, the soda I was drinking came out of my nose because I was laughing so hard.

I take it that being a “comedian” is your full time job :devil:

 

I still like the First Spouse gold coins. Their true upside potential won't begin to be realized until after the series ends (jmho). A lot depends on how popular they become...which is always a lively topic for debate.

I think they will be a popular series to collect, but I could be wrong. The good news is that it only costs me 25% over melt to find out. If gold goes up...I win. If gold goes down, sales of newer issues will likely go up and the ones I buy now will be the key dates...I win again.

Bottomline...they're US minted pure gold coins with some mintages under 5000. Anytime I can find an NGC/PCGS graded MS70 or PF70 example near melt...I jump on it!

 

cladking your statements on speculator vs collector are well thought out thanks for the well thought out reply

 

http://www.steveestes.com/cgi-bin/newsite

You might give this site a try. Once you get there, click on ARTICLES at the top of the page. He has written several articles on various coin denominations. Has a couple great ones on undervalued Morgans complete with a list of ones he feels have excellent potential. Have read his stuff many times in the past and talked with him on occasion. Have learned alot from this guy. He hasn't steered me wrong yet.

 

HI Caleb, Thank you for responding. I never stated the books produced by THE IKE GROUP were good bad or indifferent, i simply feel they are great sources of information and put it out there. I am sorry you blew soda through your nose, maybe you should not read while you drink. I am not a novist, i am a researcher and in several books and first find on numerous coins, if you want to talk about any modern coin i would love to talk to you about them- chuck

 

He's using the term "clubs" instead of "forums" meaning he's been booted off of forums for whatever reasons.

 

i believe the buffalo series is somewhat undervalued along with the standing lib quarters

 

Barbers halves seem pretty underappreciated/valued. Look at the very low mintage end of series ones. Mintages in the sub-200K and values about the same as a 1914-D Lincoln (which has 10x+ the mintage - granted the 1914-D Lincoln is probably overvalued, but still.....)

 

In complete defense of the IKE Group, I need to state that "politics" is NEVER used to "boot" folks from the IKE Group Forums. NEVER.

BTW, it's Rob "Ezerman" and he's not the "president" of the IKE Group (which has no elected or appointed offices), he's the chief writer and he is very, very fair.

CALEB! Behave yourself!

 

Lee, that is a pretty nasty comment coming from one our finest IKE GROUP member's, what are you doing way over here in COIN TALK? Dr. Wiles made a correction on my 1971 IKE Prototype you will need go to CONECA and take a look, my coin is a MS 66 to your wounderful Proof 64, glad to see you in the FORUM.

 

Hi Hobo, this last weekend i met with Bill Fiva, he had his head in a pile of coins with loop in hand. I saw him several times, once at a table that he was able to determine a 1942 over one was a fake, saved me and several others from buying it. As to the price on error coins in CPG he stated the imperical value has not been established yet, that research is not complete on real value of the coins in the book. I can respect that but so many of these values are estimates anyway, i think it would have been nice if he had included a idea of the value's of the error coins put in the book, seems with all the delays in publishing the book he could have provided more information. I think i am going to have to write my own book, i have every rare coin in modern denominations, has to be better then what i am seeing. Think about this, the only coins put in the books is coins the big boys have in volume, its very policial and money driven, in my book it will not have this problem. What do you think?

 

What was so "nasty" about my comment? I mean, according to you, you were "kicked" off right? Kicked/Booted, same thing.

As for your coin, your "coin" would reside in an ANACS ODV-004/RDV-007 holder had I not insisted that it be sent to James Wiles for attribution for what it really was. John Roberts already thanked me so there's no need for you to follow up.

Looking at the CONECA listings I see that the design variety is listed as:



What's your point? The fact that he noted it as "light class II doubling" on the motto?

And, just for the record, I am not nor ever have been a "member" of the IKE Group. I post on the forum and thats it.

 

I totally disagree with the "big boys" comment. Folks who know better will agree.

For the OP, yes, the Eisenhower Dollar is definitely underated but then, most Modern Coins fall into that category. If we're still around in 100 years, folks will have a tough time finding nice high grade moderns but then thats for another generation of collectors.

 

Yes, but not everyone is as old as you:devil:

 

wow... this thread got jacked up. why do people do this? lol

 

why thread jack sluggo? how about you start your own thread?

 

Go BACK to your ROOM!