Most Collected Coin

This question is directed towards dealers, but others please answer also.

Which type of coin is the most requested / sought by collectors. I'm not talking about certain dates, mint marks or errors but more by denomination. Rank in order these coins as to which your customers seek the most (which you sell the most of).

Peace dollars, Morgan dollars,Trade dollars, Liberty Seated dollars

Kennedy halves, Franklin halves, Walking Liberty halves, Barber halves, Seated Liberty halves, Bust halves

Statehood quarters, Washington quarters, Standing Liberty quarters, Barber quarters, Seated Liberty quarters, Bust quarters

Roosevelt dimes, Mercury dimes, Barber dimes, Seated Liberty dimes, Bust dimes

Jefferson nickels, Buffalo nickels, Liberty head nickels, Shield type nickels

Lincoln Memorial cents, Lincoln Wheat cents, Indian cents, Flying Eagle cents

Young Head large cents, Coronet large cents, Classic Head Large cents, Drape Bust cents, Liberty Cap Large cents

Just curious. Thanks.

 

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Morgan Dollars are the king by most standards for US coins.
From there, the Lincoln cent.

All of the others are more specialized areas of collecting. Some series will got hot for a while, and then fade away.

 

true that. people always buy me Morgans for gifts - I don't have the heart to tell them I don't collect them (so I quietly visit my dealer and trade them up for something that burns my veins a little more).


I know... I should be ashamed.

 

Well, I don't have many customers as of right now, just starting out selling and whatnot, but, the customers that I do have, like to buy lincoln cents, especially the uncirculated wheaties. Another thing that 80% of them are saving up to buy right now, are bust coinage, i've got a customer saving up for a 1795 flowing hair 50 cent piece in f-12, needless to say he is working on it, overall though, my major sales come from uncirculated wheat cents, and the 1960 small date in BU is going fast.

 

Well this hobby is very trendy. As GDJMSP has pointed out, most of the rarest coins by mintage are the least collected. That goes for US coins also. While everyone keeps the thought in the back of their minds that they want to make money on their collection, many great coins are passed over.

 

ND, can you give some examples of what you consider to be "overlooked" rare coins??

 

When I have clients that are looking for coins with relative rarity that don't carry over into value, my first recommendation is the obsolete coinage.

3 Cent coins for the most part have minor mintages. Some as low as 12,000. Now that number compares to the famed 1895 Morgan. Yet the price tag is still very reasonable. How many can possibly exist today. Fractional gold is ridiculously under valued. Most can be bought in mint state for under a hundred dollars. Early American Coppers is yet another fine example. Sometimes it is just a matter of looking past the trends.

 

Do you mean Large / Half cents, colonial coinage, or both??

 

ND,

That's one of the things I like about you.

You tell it like it is!

 

Most collected?

Have to be Statehood quarters.

 

Morgan dollars and Lincoln cents, no question. Those coins sell even in a down market when nothing else is selling.
Undervalued in todays market? My favorite are proof 3 cent nickels. Some have total mintages under 1000 pieces but still are only a few hundred bucks.
Nick

 

Both would fall into the catagorie, but I was referring to the Colonial Coppers.

While most don't have the general eye appeal of a shiny Morgan Dollar, or the broad appeal of the Lincoln Cent, these early American Coppers are a fantastic look into this countries earliest days. The fact that they were even minted is a history lesson unto itself. Colonial Currency also falls into the undervalued list.

All of the early type proof coins are so overlooked that it shocks me. The first proof Two Cent coin you hold in your hands will blow you away. With the largest mintage in a single year of 1000 how many can survive. Yet with a price tag of around $500, how can you go wrong.



Jody: Thank you my friend.

 

So no ones mentionned the Jefferson Nickel then?

 

That would probably have something to do with the fact that it is not the most collected series.

They are gaining in popularity, though. The new reverse designs seem to have stirred up a lot of collector interest.

 

To here collectors talk i thought they were very popular... it is nice to here they ain't though.

 

Of course, no one said that they weren't popular.
In fact they are becoming more popular as we speak.

Personally, I don't care for the Lincoln cent design, but for me to constantly critisize it, and those that admire it, would seem to be more than a little bit childish.

 

I critiscise alot of things... i just enjoy complaining

 

OK, my friend, no harm done and no ill will on my part.