Hello everyone, I was just looking through a July 2009 issue of COINS and found an article on sleeper coins. The article did show a lot of coins that are technically under valued. This makes me wonder. With the current rise in precious metals will these change? I did go through the 2010 Redbook , as I do not have 2011 yet, waiting for it. These are some that I found. Now in the list below top coin is the sleeper with the bottom not being a sleeper. Look at the mintage, then the price. The top coin will have a low mintage and low price, the bottom coin will have a higher mintage and higher price. Liberty head Dollar: 1854s Mintage 14,632 AU50 Price $900 1851c Mintage 41,267 AU50 Price $2,000 Quarter Eagles 1868 Mintage 3,600 AU50 Price $700 1876 Mintage 4,176 AU50 Price $1,000 Half Eagles 1859 Mintage 16,734 AU50 Price $800 1855s Mintage 61,000 AU50 Price $2,750 Eagles 1856 Mintage 60,490 AU50 Price $700 1854s Mintage 123,826 AU50 Price $1,300 Double Eagles 1908s Mintage 59,850 AU50 Price $850 1920s Mintage 126,500 AU50 Price $17,500 I am sure there are a lot more of these, and as the article did state there is no guarantee these will go up in value, but there is the chance, especially with more collectors entering the market. What do you think? Would it be wise to purchase these for investment, or at least use these numbers to look for certain coins for an investment? I find it funny as i have never really looked at gold, as I always assumed it to be way out of my price range, and after looking at just a few, I am now considering it. When doing this i looked specifically for gold coins with low mintage under $1,000 for the sleepers. I am sure there are a lot lower mintages and prices as well. We just have to do more homework. Regards, Stan
I read the same article. The author made a valid point in my opinion. I don’t think you could do too bad if you bought them.
We have ahd discussions on thsi before, the conclusion we came to last time was that Eisenhowers, may be the next big sleeper, but everyone had multiple opinions, it just depended on what they owned.
Hello everyone, I am on the verge of doing some major research onto sleepers, while trying to research 1787 and 1788 Massachusetts Half Cent and Cent. I am thinking of going for a time span say 2000 to 2010. To see during those years which coins were the biggest sleepers. it will be a lengthy project, and I maybe asking you all for a lot of help. Think it would be worth it? Regards, Stan
That wouldn't be too hard you really just need two redbooks to do that project. I know that the 1899 Morgan went up in value 600-700% during that time frame.
I am going to go year by year then in the end do the whole ten year analysis. Doing this shows the steady growth of some while others slowly fall further behind. Anyone else have any other ideas on how to go about this? Regards, Stan
It'll be interesting to see what you come up with! :thumb: I posted to another thread that the 2007 First Spouse Bronze set sold from the Mint for $15.95, but you can't touch it anymore for less than $50. I know that FS Bronzes are "medals" and not "coins", but they seem to be going up in price quite a bit (percentage-wise) lately. :whistle:
Yakpoo, I was not even considering medals to be honest. Maybe once i get through silver and gold i will look into those as well. I have my books all set up paper and pen ready to go. Going to take a bit of time, as I want to give an honest evaluation for all collectors. Question for everyone, do you think the monthly coin mags that come out are that much different then the redbook? Would it be wise to use those verse the redbook? Regards, Stan
I would be concerned that the Red Book wouldn't give you the "currency" or "granularity" needed for a project such as this. I like the idea of the Coin Dealer Newsletter (CDN) graphs mentioned earlier by jhinton. I haven't worked with them personally, but they might be just what you're looking for.
Thank you. Looks like what i was planning on doing has been done. However do you think one book of major coins say top 200 -300 coins or would that be to small? Regards, Stan
Sorry, I always snore when I sleep...and my wife always gives me a kind and considerate shove to try and remedy my condition......KEN, STOP SNORING! I echo Treashunt...go for it Stan......
I still think regardless of mintage, survivability is what is important to look at. In Rick Snows Indian Head Cent book it mentions how the 1877 IHC has more than double the mintage numbers but the coin is worth much more than the 1909 S IHC. There was also the big economic trouble around 1877. So, I would rather have a 1877 IHC over a 1909 S IHC, even though the 09 S has a much lower population. IMO
As far as the price of metals, it will have no effect on any 19th century silver coins in conditions above VG. For late 19th century and 20th century gold (excluding low mintage coins), the price of gold is the major factor for grades below VF, but not for EF and higher grades.
Hello everyone, Been crunching numbers, looking at coins (Yeah I know painful huh). There are going to be some nice surprises! Regards, Stan
