When will modern coins and currency become valuable?

If ever?

With the obvious exceptions, I often hear that any bill or coin made after 1950 will never be valuable.

But that's probably what they said about V nickels in the 30s and now they're like 75 cents each.

So are these new issues just always going to be worth FV?

 

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Circulating Clads from the 60's are already starting to thin out. People will find extra value in anything which didn't commonly circulate during their remembered lifetimes, although the timespan may be iffier when it comes to debased (non-precious metal) coinage.

 

Interesting. It was very jarring when I first realized that not everything old was worth anything. I had a 1957 $1 silver cert that I treasured like nothing else for years. Then I found out that they trade for like $1.50. My world shattered D:

 

Some mint and proof sets (2014) I think, are valuable now compared to the original mint's selling price. I own two sets of each at the original price so, there's one example. There are others.

 

When will modern coins and currency become valuable?

Usually right after you die!!

 

They will become valuable when lots of idiots pay too much for them.

Chris

 

Not in my lifetime. Yours may be a different story.

 

When you are 200 yrs old. My #1 rule when it comes to coin collecting..."never to collect the coins that I grew up with"

 

never

 

Well the copper coins are worth 2 cents. the zinc pennies are worth nothing but a cent. Halves might be worth something in the futer.

 

High grade modern circulating coinage already commands pretty hefty prices. Tack a variety onto the coin and the price goes even higher. Circulating coinage that grades MS-68PL or DMPL with a CAC sticker are not cheap. Those coins also have very low pop counts. For my tastes I like to buy the highest grade coin(in or out of a slab) I can afford. I believe most collectors are like that no matter the coin and that trend should continue even with modern coinage. Most modern coinage that grades less than MS-67 will be affordable to all collectors for years to come.

Modern clad proof coins I don't think will ever gain in value. The saturation of PR-69/70 graded coins will keep that market depressed for a very long time. Silver proofs may be the only semi-safe bet for holding value. Mostly due to precious metal content. While silver proof sets have a lower mintage than clad there is still more than enough to go around.

There is also the recent offerings of circulating collector coins only available from the mint. The Presidential series didn't seem to be a real big hit. At this time it seems collectors are disinterested in the series. Ike dollars seem to have had a recent surge in popularity. That is another coin, collectors had little interest in, that has now risen in value. Especially for high grade varietal Ikes. Kennedy halves should remain popular and affordable for the masses. The Sacagawea and Susan B. Anthony coins may gain in popularity slowly over the years. Mostly due to a low series run of coins. Easy, short sets to put together.

I should start a campaign to make the public aware of the hate on today's modern coinage among collectors. It's a disgrace I tells you. If some of you would just pull off the rose colored glasses, and see the good in modern coinage,we could all be one loving coin collecting family. Well, except maybe those ancient coin guys. They dress funny. Just kidding, y'all are welcome too.

My one emoticon post of the month.

 

True, but the 75 cents today will buy you about the same as what the V nickel would in the 30's. So in real terms they haven't become valuable.

 

Complex question...

Simple answer:
Modern coins will become valuable when there are more people who want them compared to the supply at the time.

Even simpler answer:
No time soon


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LOL Cuz when you grew up

 

You would spend it

 

Copper cents are worth much less than face value. Do your homework and call a few reclamation centers.

Chris

 

I believe it may be starting right now; today.

I've never said this before but perhaps I'll say it many times in the future.

People just don't understand what has happened because collectors ignored these coins for half a century and now the demand is finally exceeding the supply.

This is a scary situation because the demand is miniscule so the supply must be tiny as well.

Before you write this off as the prediction of a crank you might consider I've been watching these markets very closely for over 40 years. They are explosive and they appear to be starting to move.

 

In case anyone is interested, it won't be obvious it has started for a few weeks and won't hit the numismatic press until Christmas time. When this happens dealer inventories will disappear almost overnight and they will not be able to resupply very easily or cheaply.

There is almost no supply of anything left as it has been chewed up by a hobby that doesn't care and collectors who think it's all too common to collect.

 

that's a great point. back in the day a half eagle was worth 1 week's pay for a normal worker guy. Now that same half eagle is worth around $800. Which still happens to be one week's pay for a normal worker guy.