I am wondering what excites the masses here. We all have a passion for coins, and we have our favorite series, but is there something that you're working on right now that you really feel is going to be moving upward in the future? For example: Me, personally, I am putting away regular circulation strike coins of each year as it passes. My thought is simple: the current circulating clad coins are generally not collected in Mint State, but generally are collected more by beginners as a gateway. They go into the Whitman folders, get fingerprinted up pretty badly and even dinged around on themselves. In the past, when we have put together nicer MS sets, generally the way to find nice, fresh unc coins was to break up Mint Sets. Unfortunately, in 2005, the Mint started issuing satin finished coins in these collector sets. Leaving no future source to readily grab a few nice MS coins. If people save rolls, like in the 50s, this won't be a problem. Nor would it be if they collected bags, but these coins hold virtually no value over face, so there's no reason to keep them in bulk. The impact this may have on the future is that nice, original MS clad coins will be harder to find, and they may start to carry a premium. This is pure speculation on my part, but I put the coins away at face, so there is no potential for me to lose on this, other than the use of the money itself. So I ask the teeming masses in CT... Is there anything that you feel are currently undervalued and a relative bargain to buy? I figured that if we all share our ideas, we may all benefit from the different perspectives. What say you?
Eisenhower dollars and $5 gold commemortives look undervalued. I also think plain old ASEs are undervalued. Right now they sell as pure bullion coins, but someday the Mint will discontinue the series, and they might immediately begin to acquire numismatic value as the new supply goes to zero but demand for these beautiful coins stays high. But as Yogi Berra said, "it's difficult to make predictions, especially about the future."
WQJesse has a point. Might want to include the clad Washington's from the 80's as well. Sure, they were minted in the hundreds of millions, but when was the last time, if ever, you saw one from those two decades in mint state? Guy~
I'm working on indian head quarter eagles, and I think these pieces are undervalued, simply for their beauty I mean, I paid close to $250, for a beautiful almost uncirculated piece of gold, with 704,000 minted, graded by PCGS And has great luster, and just so much beauty to the coin itself I thought that these coins have a great history behind them, and not enough people are looking at these series, although I wish the people that were, would back off! LOL Sadly though, I think this series, will gain popularity, so I can't say it is that overlooked. I think a good buy right now, is anything silver, that you can get cheap. Those silver ike dollars, really the whole set, not just the silver, is very overlooked Liberty nickels, are overlooked, in crap grades, and get expensive in proof strikes, and in high Mint State conditions Silver roosie dimes, don't get enough respect, and those will be jumping a little bit, since silver is going up
from this side of the pond the euro coins are very lovely coins straight from the mint but go very dark and dull very quick so i am putting away 3 coin sets for every year from change so they will only cost me face value
IKEs and not just any IKEs, but the high grade ones. They were never really saved plus, they were extremely banged up as they came off the press, so high grade ikes are just tough to find and when you do find them, plan on paying for them. Unless you know someone that has a hoard of rolled IKEs then might be a little easier. Clads are tougher to find than silver. The silver ones were a little better taken care and you can usually find blue ikes that are grades 65-67, but the 68's are tough stinkers to find. 1971S Silver MS67 and 68 are tough to find. Here is a nice clean IKE.
I like Ike for a resurgence in 2012. Also, Rosies (one day the mint will play with these as well driving prices up). and Iceland (for the really long multigenerational haul) with all the funny business happening over there.! And I agree with Mike.
I'm going to go with clad Washingtons from 65-98 and the Jefferson nickles in general. I bought the complete set of clad Washingtons including proofs and the silver issues in 1998 in anticipation of the interest the State quarter program would generate. All nice MS and PR coins. Let's say I had a hunch. One of my better moves. Jeffersons are full of lower mintages actually. People bring them into work and unless I see a 39-D or 50-D we're really not that interested. Darn shame as high grade examples are not ALL that common and as the older dates continue to be spent circulated examples will disappear. One of these days......
I'm beginning to think if you like slabbed coins and you want to purchase something with investment potential then buy a set of MS-70 silver '09 proof quarters. The other day I was watching a set of MS70 silver state quarters on ebay. There were over fifty bids and the last bid was at over $6300.00, and the reserve wasn't met.
Party pooper here..... There is no such thing as an undervalued series, IMO. Coins are priced by what the market will bear.
First off, Leadfoot is exactly right coins are always priced as the market will bear, but he also knows that what I mean "What do you think is a series that's poised to surge in value". Cole if you want to see any of the quarters from those two decades, all you have to do is to purchase a Mint Set from whatever year and they will be fresh uncirculated coins. With as I have mentioned in other threads the exception of 1982 and 1983. No Mint sets were made those two years, and if you look at the prices of Washington Quarters for those two years, you will see that those two are the most valuable of the clad uncirculateds. I could not agree more. Those fields are unbelievably clean. Is it MS-67?
Of course you are correct. The way I interpret the question is from a fashion standpoint. Some things like Morgan dollars are always in fashion. Other things move into and out of fashion. Some things like the state quarters might qualify as a fad [time will tell]. So the trick is to pick something that is currently out of fashion that has characteristics that could bring it into fashion in the future. In other words, it's a guess.
Well, I unabashedly say that Conder tokens is one series likely to surge in value, although that is not why I collect them. Low mintages, found in great condition, 200+ years old, and have tremendous stories unique to each piece.
Thanks Mike, surprisingly its only a 65. I have other clad IKEs graded 66 that are not as nice as this one.
I completely agree with this statement...values are determined by demand. The current market sets the price. Now, if you were to ask me which series I think is in a position to appreciate in value...I would say Eisenhower Dollars. Right now, Ike's aren't that valuable. But, I think collector's will discover in the future that these coins are very unique and they will gain popularity. The set includes different varieties as well as a number of silver and proof collectibles. Plus, it is the last of the large coins. So, I think this set has a lot going for it to gain popularity in the future and thus increase in value.