Favorite Undervalued Coin

I really like and agree with Clembo's post from 3 years ago but I'd like to add Proof Mercury Dimes.
There prices have really dropped and the mintages are low. A good looking proof merc is just a great coin to look at and it's prices are really cheap now a days.

 

Log in or Sign up to hide this ad.

1871 Shield Nickel found in dealer junk box for $2. There were only like 700,000 made or something like that. Worth about $100 in the condition that I found it in.

 

same mintage as the 1916 D Merc, yet compare the prices.






[hey, I started this thread 3 years ago. Nice to see it is still alive.]

 

see updates to the above prices.


still some strong sleepers.

 

Lettered Edge Large Cents. Not cheap, but still undervalued in my humble opinion.

 

In all honesty the 1927 peace is on the up and up. A year ago I could get them for little premium. Now in any grade they're being hoarded and sold by dealers. At least my local dealers.

 

I'll go with the 1924-S Peace dollar. In MS-63 this is a 500 dollar coin.

 

I like the $10 gold indian series from 1908-1932. Many have similar mintage #'s as the 1909-s VDB wheatie. Who know's how many were melted down during the 1930's, yet in EF or AU grade they are still the same price as the 1909-s VDB wheatie. Now if I just had the money to buy one!

 

This is a very interesting post to me because I have an interest in older coins (type). Your thought that their prices are already established is provocative but I'm not sure I agree. I've been following PCGS's price changes for the last year or so on a handful of issues: 2 cent, 3 cent N, Shield, V., Morgan, Peace. What amazes me is that 5 year prices fluctuate anywhere from down 100% to up 100%. Some issues get hot, some get cold. The trend I've seen over the last few years seems to be in favor of rare dates, overmarks, etc. (no surprise there), but otherwise there seems to be little logic to the fluctuations. For example, the 1882 3 cent Nickel (rare date) in MS66 is up 53% compared to 5 yrs ago. Rare date, no real surprise. But the common-date 1881 is about flat over the same period, whereas the common-date 1869 is down 47%. Proofs in many issues also seem to have taken a big hit over 3-5 years. None of this suggests a lot of stability.

Since I'm (slowly) working on a type set, I've been looking for dates that are down in value, figuring they have more upside potential, although they rarely seem to come to market.

I'd welcome any more thoughts on this subject. I've come across a few "predict the market" or "predict the future of coin collecting" threads here but nothing very specific; if there is, please point me in the right direction. -Oval

 

The 1908-S IHC has gone up pretty steadily over the past two years, well over 50% in value for some of the circulated grades. I still think there is some room to go up, but since I own a ton of them I may be a bit biased

The 1909-S IHC is a great coin. Can be had for relatively the same price as a 1909-S VDB Lincoln in the Mint State grades, but is much more rare (though obviously in less demand currently).

I'll add to your list and add that I really like the 1909-S Lincoln Cent. I think it's also undervalued/underappreciated because it is overshadowed by the 1909-S IHC and the 1909-S VDB. The 1909-S Lincoln is a great coin, in a super popular series and is a true semi-key date. It's hard for me to see these going down in value.

 

Depends on what you mean by undervalued. Do you mean what is most likely to go up in a short period, like a "hot" stock tip? Or do you mean undervalued based upon on scarce they are and what their true value should be? Very different things.

For a "hot" stock tip, I don't know. US Coins go in endless cycles, with all of the talk about toning I would look for nice, original surfaces white coins, be countercyclical.

As for long term what should be worth more? I think really nice late romans are too cheap for as scarce as they are. There are tons of dregs out there, but I think the amount of material coming out of eastern europe is coming to an end, and there will not be so many really nice coins fresh on the market in the future. Kyrene coins are a favorite too, but they are as scarce as hens teeth nowadays.

 

High Grade Eisenhower Dollars.
The prices are already on the high side for MS66 and above and there
are not that many collectors of Eisenhower's out there as of yet.
But when people actually realize how incredibly difficult it is to
find them in high grades. The prices will go even higher.
In MS63 down to the AU grades they are as common as dirt.
Below XF45 and MS66 and above Wow are they hard to find.

Just My Humble Opinion.

Terry

 

1992 D CAM cent. As more and more collectors come into the hobby, circulated sets of LMC's are one of the start up collections. It has a lot of potential to increase greatly in value as does the 1988 reverse 89. Unknown mintages with so few being found make me feel these might be the breakthrough coins of today's .sets as transition coins have done in the past.

 

For me I see a few sleepers in the Lincoln Cent series. It is a mistake for the Lincoln collector to look at mintages only and overlook survivability. I see the 14 S, 15 S and 24 S in any grade particularly elusive along with the 32 and 32 D in higher mint state. When found there prices really swing because they aren't traded daily and can present buying opportunities when offered for sale. I consider prices for the key dates of the Lincoln set stable because most everybody has them in there collections and most dealers are holding at least one for sale and are traded every day, so they have a known baseline from coast to coast making a razor thin margin. When somebody gets serious about completing the set it is the earlier branch mints that aren't advertized keys that will be the most trouble to obtain and can be a factor that will really push up the prices. JMO

 

My favorite "under valued" coin has to be the 1971-D RDV-006 (FEV). An estimated mintage of between 500,000 and 750,000 with high graded examples (MS66) far and few between. In relationship to the 1972 Type 2 IKE, the RDV-006 is a very close second yet they can still be found raw. The same is true for the 1972 Type 2 and the one thing the coins do have in common is the lack of high grade examples.









As time goes on, I expect the value of these coins to go up. Less than 200 examples have been graded (and attributed) by ANACS. PCGS does not attribute these but once they start, I expect some very brisk marketing opportunities.

Folks that know of this coin have looked at thousands of graded and ungraded examples. A solitary MS67 exists in an NGC Slab and less than 30 exist in MS66 PCGS Slabs. This is NOT because folks aren't trying for high grades, its because they are simple very scarce.

Yes, its a modern, but, someday it will not be.

 

I think some of the Franklin Halves are undervalued. 1957 1948 53s 52s all with FBL

 

i was going to go with half cents. pick a date - almost any date and you can get an AU example with a mintage of 200-300K for sometimes under 100 bucks.

 

1916-1930

http://www.us-coin-values-advisor.com/standing-liberty-quarters.html

 

What is the RDV designations?

 

What is that? It almost looks like a Type I 1917?