Name Some Over Valued Coin's

Discussion in 'US Coins Forum' started by SilverDollarMan, Apr 18, 2005.

  1. GDJMSP

    GDJMSP Numismatist Moderator

    Part of the reason is lower mintage numbers - another part is that some years are known for having gem coins in the sets. People buy them, crack out the gems and have them graded. It only takes 1 ultra-grade to pay for quite a few sets.
     
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  3. sylvester

    sylvester New Member


    Definately sounds like a pedigree thing. Although i might add if you were to look at the run of the mill gold stuff from Europe, late 19th/early 20th century circulation issues, like 1912 sovereigns or something, then you can pick them up for less than $130 in EF (infact sovereigns of this period are worth Bullion Value in EF). Try doing that with your average EF 1912 half eagle (about same size as a sov).

    World gold certainly can be cheaper when compared to US gold.

    In fact a weird situation has arisen in the UK now where Edward VII (1901-1910) High grade silver coins fetch much more than same date gold coins in the same condition. And some proofs are also cheaper than circulation strikes in the top grades!
     
  4. SilverDollarMan

    SilverDollarMan Collecting Fool

    I have to agree w/ Lucy on this one! I went looking soon after.

    Thx 2 EVERYONE..4 Ur input. :)
     
  5. Prethen

    Prethen Senior Member

    Overpriced and overly common:

    1909S-VDB (big time!)
    1916-D Dime (in lower conditions, esp. AG-G)
    Most CC dollars
    Post 1990 Proof sets
    Proof SAE's
    Bust Dollars
     
  6. Spider

    Spider ~

    what about proof Sacs????? thats crazy prices and i dont know why and dont say supply and demand (u can answer anything with that)
     
  7. Spider

    Spider ~

    bust dollars big time there old but pricey
     
  8. Speedy

    Speedy Researching Coins Supporter

    The price of SAC proofs are because of demand....I can't help it....

    I also don't see why the demand for them as they are not my pick.

    Speedy
     
  9. GDJMSP

    GDJMSP Numismatist Moderator


    Well you can answer anything with it because it's true. Supply and demand is what dictates prices ALL markets.
     
  10. rick

    rick Coin Collector

    somewhere, in the afterworld, Adam Smith is smiling and John Kaynes is having a fit.
     
  11. rick

    rick Coin Collector

    I predict that all coins that sell for less next year than they did this year, are now priced over value - if you plan on selling them at this same time next year.

    So if that is your plan, don't buy those coins... buy something else.


    it's that simple.
     
  12. Krasnaya Vityaz

    Krasnaya Vityaz Always Right

    Some of the Euro sets from Vatican and Monaco, especially lately with the deaths of the Pope and the Prince of Monaco.
     
  13. SilverDollarMan

    SilverDollarMan Collecting Fool

    Man, thx 4 ALL of your responses! This definitely is a fun hobby, and a little mysterious.

    PS, what about some sleepers?
     
  14. OldDan

    OldDan 共和党

    You may be right, but maybe we should watch the 1941-O Coronet $5 dollar, golden half-eagle.
     
  15. dimedude

    dimedude New Member

    Regarding GSA dollars, are there a premium for those? I didn't think so. I would think the grade of the dollar is what it's worth. But I've been wrong many a time...
     
  16. dimedude

    dimedude New Member

    While we're at it, why do you think trade dollars are overpriced?
     
  17. GDJMSP

    GDJMSP Numismatist Moderator

    There is a substantial premium for GSA dollars in the original holder. Why ? Because they are popular.
     
  18. Speedy

    Speedy Researching Coins Supporter

    Trade dollars are overpriced because there are few with out chop marks...there are a lot of fakes....they have a little bit more silver in them.

    Other than that I think the market is in for a big draw back...I just don't know what else it will affect.

    Speedy
     
  19. Moen1305

    Moen1305 Mysticism and Tyrants

    I hope that everything drops through the floor and soon. I have many sets to complete and I ain't doin' it at these crazy prices. I was just at a Chicago coin show this morning and needed two 1950-D nickels to complete some books. The guy wanted 15 bucks each!!! Yikes!
     
  20. Speedy

    Speedy Researching Coins Supporter

    I only paid about $9 for my 1950-D nickel and it is BU with pink/golden toning....it would grade MS63+ maybe higher.....

    I don't know if the coin market falls what will happen to food prices and gas and such...everything is going up these days and I think there will be a fall in alot of items..

    Speedy
     
  21. Moen1305

    Moen1305 Mysticism and Tyrants

    I not terrribly good at grading my coins. But I guess it doesn't really matter to me anyway because I don't sell anything. I'm good enough to know what it is I'm buying and I have met some pretty reliable deals that I trust. I have worked with them for quite a while and leave the grading to them.
    I doubt food, fuel, and other costs will be affected in anyway by the coin market. I think the coin market in fueled more by speculation and hype.
     
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