That's the idea, buy something that has potential and is not being bought at the moment at a "steel". I've done pretty good with coins using that approach - kinda like buy low sell high, which of course requires not following the sheep. Some on that list have potential. I like the satins cause several years have extremely low mintages for modern coins and are a distinct variety, similar to matte proofs. These satins are not like the business strikes traditionally found in mint sets and the mintages are low, about a third of the proofs.
The problem that I see with the satins is that they are all superb gems. It is really uncommon to find a ms66 and ms 65's do not appear to exist.
Hot: MS BU reddish old lincolns and IHC's Totally not & totally obviously not: clad I searched google, and found these . . . from another thread in CT! (From "hellospace") -- it's not the perfect red that _I_ like, but it floats _my_ boat a bit!
Hot- Those aforementioned high-grade Mercs Not- The prez dollars have cooled way down, Maybe we need another major error.
True, but kinda nice collecting/hoarding really well made coins, kinda like proofs (all high grade). Yet, rather than the traditional high contrast mirrored fields and frosted devices of modern proofs, these satins look a lot like matte proofs - if they were any higher quality, they would be. So, if you accept the "terrible burden" of collecting nice coins (lol), one can still search these satins for the elusive MS69 - most of the rest are 67's or 68's and I haven't seen a 70 yet.
Even though the satin state quarters are hot, due to the number of collectors of the series, my favorite satins at the moment are the 2008-P&D cents. A mintage of approximately 750,000 for a cent is mind boggling low - just wait till holes are included in the albums and collectors need to find one of each. Until then, I'd encourage a collector to fill the P&D holes with the low mintage satins and put the business strikes away until satin holes are included.
There are literally tons of them 100's of tons of them. There are literally tons of them 100's of tons of them. Thinking a coin like this is hot is like saying Morgan silver dollars are rare - they are not, will never be it's just not so, some are expensive, 3 or 4 are rare but you can find them everywhere coins are sold. 2 billion mintage in my Rebook for P&D 2007 dimes, come on people!
And that's the key to it all, folks. If you look at circulation, you might never know a Mercury dime ever existed. if you look at a ton of rolls, you might never see one -- how rare is that?!. . . . but you can purchase them all over for just over melt, and even find on-line dealers (which is not necessarily the cheapest source) who sell "premium BU's" for under $5.00
Yeah, the only way 2007 dimes will be rare in unc, will be if no one saves them. 2009 is the low mintage (comparably), yet they're still a huge mintage.
In your great grandchildrens life they will not be rare or hot. In your great grandchildrens life they will not be rare or hot. Folks you got to call it like it is or else what's all this for??? Historically only mintages under 50,000 are considered as somewhat rare and mintages under 20,00 as always being rare, as to what is or is not "hot" my freind that's as fickle as a woman changing with temperature.
I'll agree with most of that - but, not going to alienate woman. lol As for what's considered rare, I think you have to look at the series. A mintage of around or under a million for a penny is rare or at least carries a significant premium, the same mintage for a dollar is not as rare. Of course that's assuming more people collect pennies than dollars, so more demand for the penny.
you have to go back a minimum of 80 years to find a coin in any series thats a "key date"? alot of whats being minted now shouldnt have more then bullion/face value.
Also always remember this: Also always remember this: What's hot is not always valuble - "what's valuble is not always hot, and what is rare does not need to be so rare as not to be hot" Coins are fickle forget the ladies, coins are just fickle. Trends come and go, coins are hot, then not, some are popular then fall out of favor. Some coins (most coins) will never be hot or are esp. valuble. When we seize on a particular coin and think it will turn out to be "hot" - it may or it may not be, even then the chances down the road of it maintaning that luster (of being hot) are very slim. It's not so much the ones we "hit on" that help us learn it's the ones we miss. For fickle here's a good example: 1983-P quarters, they bid for $700 dollars a roll or more BU. You can't find a roll and if you do no body in thier right mind would pay that much. If you bought a roll it would take you six years to sell them all. Each coin gem is worth $30 to $40 but the rolls you find are not going to have many of the $30 to $40 coins in them because they are probably tubed and picked through plus they did not ever come nice as a rule. I have never seen a bank wrapped roll of them and if anybody has them they are most likely ignorant of what they have and will one day open them to wash the car, and on, and on, and on it goes. Just how many fine points of collecting coins are in that one paragraph and to fianally ask, "are 1983-P quarters hot"? Like most things in life the answer is yes, and no, and it depends. Gold and silver are "hot" right now and I've turned it down at $2.95 an oz. for silver and $270 for gold, bought and sold Platinum 10th oz. for $60 each, they were not "hot then. There is virtually nothing made by the mint since 1955 that is rare in any stretch of the word yet many items were and are "hot" and may be again. I promise what is truly really "hot" must always wait for the table or counter and be something buyer must have and a dealer is ready to sell or offer because nothing can be "hot" until it's bought or sold.
Indeed -- look at the 1950D nickel. By far the rarest -- only 2.6m. MTVcoins sells a "Brilliant BU" 1950D for $14.50 Now, that's 2M.
I agree, there are many modern key/semi key coins with great potential. Another thing to consider with "going back" too far is the dwindling number of collectors of the older series, whereas there are more and increasing numbers of collectors of modern coins due in large part to mint programs like the state quarter and bicentennial cents. I'd say the farther you go back, the more likely collectors are converting to type collecting, rather than trying to complete the entire series, thus decreasing demand for older coins. Even though it's clear to see this with coins like the seated liberty or bust coins, you will notice it more and more with 20th century series like WLH's, etc - more new collectors will demand one of each of the older coins for their type sets and a complete series of the modern coins because most can be found in circulation or for a nominal cost.
The smooth edge Washington dollar turned out to be more common than thought in the beginning, but the 'starburst' (struck through grease) with a die clash on both sides is not too common, though not too 'hot' either.
I have been trying to find a 2007 business strike dime in ms 67 for a couple of months give me a link to someone selling one. Have any even been certified at 67+?
