What is your favorite undervalued (in your opinion) coin that you collect, hoard, would like to collect or just plain old like. Some of my favorites: Barber quarters: 1913 P: mintage:484,000 $16 in Good-4 1914S: mintage: 264,000 (same as the 1916D Merc): value: $75 in good. Merc: $1200 in Good-4 Barber Half dollars: 1913 D: 534,000 good= $15 1913 S: 604,000 Good= $20 1905 P: 662,000 Good= $25 More to follow as I remember them (company about to arrive). Lets hear about yours.
Personally I like my 1930-S Buffalo nickel that I found in change (probably F-VF) has a fairly low mintage 5.4 mill.
Half Cents are my favorite undervalued coin series. Most years in the series have mintages in the thousands and most can be had for under $50 in Good condition!
Well Treashunt, I think a lot depends on ones budget but you already KNOW that I think the 14-S Barber quarter is TERRIBLY under rated. It was the 16-D Merc dime mintage (same as the 14-S Barber) that struck me like a lightening bolt. Other Barbers you can fill in, oh master of Barbers. Of course there is also the 27-S Standing Liberty Quarter. I don't buy them anymore but still destined to gain. 1912-S Liberty Nickel has been gaining steadily but still an under rated KEY. I'm working on 20 Cent Business strikes. Both the 1875 and 76P are under rated. On the other hand I think the 75CC is OVER rated but it seems to be just me so I'll bite the bullet on that one. 3 Cent nickles - tons of mintages of about 40,000 or less that can be had in high grades (if you can find them). 3 Cent silvers - don't get me started. I agree about half cents too. Of course I love my small motto and 1872 2 Cents as well. My surprise (for now). How about 1931-D, 32, 32-D, 33 and 33-D Lincolns. I'll come up with more I'm sure. This thread will drive me nuts. Thanks Frank! ;O)
My 1937-S Washington quarter Mintage of 1.6 million, worth $5 in G. (mine may be graded slightly higher though)
I think Seated Liberty Half Dimes from 1837 to 1873 are extremely undervalued. Look at the mintages for this series. Many are right around 1 million and many more are way below that. Take the 1864-s for example with a mintage of only 90,000 yet one can be had for as little as $45 dollars in G4 and less than $300 in EF40. Many coins in this series have very low mintages yet remain very affordable. But, as coin collecting goes, there has to be a demand to raise values. Without the demand, this is what you get. I think this series has great potential. Maybe not in my lifetime but maybe someday. I believe I would be interested in collecting these. I have 16 other albums to fill in the meantime.
Well, Ben beat me to saying 1927-p peace dollar. A couple of years ago the gold commemoratives from the 1980s were selling below melt, but that bargain seems to be gone now. Plain old American Silver Eagles might turn out to be bargains. Silver seems pretty undervalued. Common date MS64 peace dollars seem to be selling at around the same price as 10 years ago [if memory serves], so they might be bargains now too.
If you like that series then you should probably start collecting it now while there is still little demand and reasonable prices. Once the series begins to grow in popularity it may no longer be practical to try to collect. That is the case with some of the other overvalued series such as the Morgan Dollars and Lincoln Cents.
I think I'll take your suggestion. I've been pondering about it for some time now but cant quite figure out why I've been putting it off.
Great topic and discussion :hatch: ....now I just need more funds to buy (invest in?) more coins!!!! hya:
I like the gold $1 Indian Princess Head series. Where else can you pick up a 100 year old VF gold coin with a mintage around 1,600-5,000 for under $200? Guy~
This one's easy. It's the 1969 (yr 44) Japanese 100Y. They minted about 325,000,000 of them and put fewer than 7,000 in mint sets. Mint sets are almost never seen partially because they are so flimsy and no one cared about them. Even today the coins in the set total only about $15 according to Krause. This coin was worth about a 25c US when it was minted and has circulated heavily since day 1. Apparently the Japanese still don't collect their moderns and it doesn't have a great deal of value there. It is pretty scarce in grades above VF, and uncs are a bear. Of course there are lots of grossly underpriced US coins as well.
I would say truly original XF/AU Seated Halves. I think that these are destined to increase, as they are very difficult to obtain without being completely dipped out to try to pass as UNC.
On a modern note, the Jefferson First Spouse coins are undervalued at the stated US Mint prices. Watch and see how quickly these sell out in August.
Great responses, Guys and Gals. I agree with Clembo, of course. The surprise was the Seated 1/2 dimes series. I have tried (for years) to pick up some of these. They are very difficult to find. Several years ago one dealer did get a bunch of Seated dimes, and I basically bought him out of about twenty of them. How can you beat this: 1845 O, mintage 230,000 F-12, paid $30, still only $75 1846 P, (31,500) G-4, paid $45, still only $100 1847 P (245,000) F-12 (date in base, listed in Breen) $23, now $50 1849 P (839,000) VG-8, Paid $8, now $25 1851 O (400,000) F-12- Paid $18, now about $25 1859 O (480,000) VG-8, paid $9, now $25 1860S, (140,000) inverted Mintmark variety, paid $15, now $30 There are many more in the series that I am still looking for, how about: 1863 (14,000) Trends: $400 in Good-4 1864 (11,000) " $250 1865 (10,000) " $300 1866 (8,000) " $400 1867 (6,000) " $500 I'd pay full trends for any of the above! If I could find them. Now that is an underrated series.