Mordern Coins to Future Key Dates

What are cuds?

 

Log in or Sign up to hide this ad.

Are all modern dimes, halves, and quarters that come from the San Fran mint silver?

 

I'd say they're worth more than $4 each - that roll price is the lowest per coin price on eBay. As for cut up OGP, no guarantee it's the mint set coin, as they practically fall out of a cut set - better learn how to tell the difference. Slabbed are going to cost you a lot more.

 

No, only the ones from silver proof sets.

 

the satins are common- the business strike uncs in better condition on the other hand....

 

future keys from our time: gold julia tyler unc- 2011 reverse proof silver eagle- 2011 S Silver eagle- fractional gold buffaloes - high grade business strike coinage from the satin era (those coins that were not offered in rolls from the USMint- no quarters for example). nothing that is picked out of circulation will be valuable (unc rolls that have not circulated may though)

 

Any coin that is pretty to you with a mintage of under 10k and a population of under 250 in MS70 would be a good coin IMO

 

Hoard absolute rarity (the satins), these coins will be scarce in any condition. Stay away from condition rarity (high grade business strikes), simply a created demand for high mintage coins who's premium will be minimal down the road.

 

...and I might add the 2010/2011 Silver proof Kennedy half and Roosevelt dime. :hail:

 

SQG as much as we have been on the same page about clads and moderns on this we both violently disagree.

The whole hoarding of scarcer coins is what makes the 31-S Lincoln and the 50-D Jefferson Nickel in high suppply and low value even in the highest grades.

It has been my experience that the coins that increase in value the most over time are those that few cared about at the time of issue. Take as an example the Jackie Robinson $5 gold coin. When it was issued in 1998, nobody bought them. Subsequently few were made and when the interest finally picked up, the Mint wasn't making them any more and the price skyrocketed. Compare that to the 31-S, or the 50-D or ANY modern coin for that matter. You will find no increase in value that even approaches a larger premium.

I defy you to find me an example of a modern hoarded coin that has increased significantly in value.

Where you and I have parted company is in the satin strike vs. circulation strike and which to save. I personally say that people not only don't care about the circulation strike coins, but that they have no ready source of them for years 2005-2010 and it is THOSE coins that will command a premium. If you don't agree, then explain the price of 1982 and 83 gem Washington Quarters.

 

You make some good points that I agree and disagree with. I’m not saying the satins will be great rarities, just keys that could someday approach the price of a 31-s. A 31-s sells for $100 even in G4 condition. At the price the satins are currently selling for, they’re a deal and even modest increases in price will produce profits if collected in quantity. As for modern business strikes, hard to get excited about any coin with hundreds of millions or billions minted, even in the highest grades. True, like the 1983 quarters, if no one puts them away in quantity, they could command a premium WAY down the road. But, that’s a big if. I think the lesson learned from the 83’s caused many to become roll collectors, so few modern business strikes will be rare in unc. So, if funds are limited, as they are for most, I’d choose to hoard coins that have 745K minted as opposed to 745M. Even if business strikes aren't put away in quantity, it's hard to overcome the distain collectors have for high absolute mintages as opposed to low absolute mintages. Which is why, way back when, before high grade high mintage coins where marketed and promoted, few where interested in them, must less willing to pay more than a nickel premium for them.

 

I agree completely and its like the story of the 1883 nickles I related. Rarities, absent items like 09svdb that were hoarded at the time, tend to be items people either hated when they came out or simply overlooked. Another example is 1976 quarters. Everyone and their brother kept them, and today they still hit circulation in BU condition every once in a while. Try to find a nice condition 74 or 77 in circulation.

Hate to say it, I do not think any coin produced in a mint or proof set will long term be key. It will be overlooked items from circulation, its always things no one thinks about. Look at prices for 1950's cereal boxes, they are insane. But who the heck kept cereal boxes from back then? Why would you?

Even for what we think are keys they aren't. The 16d is scarce, but in MS65 it is not nearly the scarcest Mercury. Even having mintages 10x or 100x less does not guarantee it will be a scarce coin.

 

Any coin that all the folks today think isn't worthy of saving or collecting will be very difficult to find in the future.

 

The only problem with saving coins like the satins and/or any coin not meant for circulation is that every one of them will be high grade uncirculated and few will disappear. So the mintage numbers today will basically be the total number of uncirculated coins in the future. I think you would have better luck searching for high grade post-1964 clad coinage. No one likes them, no one is saving them and there are no hoards of them waiting to appear. On top of that, you can still buy original bank rolls at or just above face value. Granted, it's tough finding a high grade example of coins in this series but even today they'll sell for good money. I found a 1974 LMC, it graded out by PCGS at MS67 and sold it for $275 on ebay two months ago. Such strong pricing makes me wonder what this coin will be worth in 10-15 yrs from now. I'm sure the buyer is also thinking this very same thing...

 

Just asking the question, though, doesn't it matter whether anyone will care? Personally I wouldn't. I never collected proof coins at all unless they had a different mintmark on them, and I would never think I had to have a satin for a complete set.

Just a thought.

 

Good questions, no one knows. The 2008 Satins have a lower mintage than the 31-s and most of the 31-s cents were saved, so........

Will anyone want the high mintage high grade business strikes at todays "promoted" prices in the future? Who knows. I just know what I'm willing to speculate on.

 

I got mine!! :thumb:

 

This is true, the hobby appears to be evenly divided at this point. I collect at least one of everything for some series. Although not as unique as they could be, the satins are definately different coins from the business strikes, so I have to have them. Now tell me, if the Mint produced a cameo proof cent from Philly, you wouldn't want it? The Satins are the same thing, close to matte proofs, yet not as obvious as cameos.

The fact remains that the satins exist, they are unique, and due their unpopularity and the bad economy coins that aren’t made from PM’s aren’t favored, so they have historically low mintages for modern circulating series coins.

 

TBH, it will depend for most collectors on whether the coin folder listed it as an item "needed" for the set or not. If I were still collecting US coins, and my coin folder had it as a hole, I probably would buy one. If it didn't, I probably wouldn't.

This sense of "filling holes" is another reason I left US coins, but it is a very powerful force in the hobby. There would be 1/1000th the demand for 1922 plains if every coin folder excluded them from their folders. There are lots of other errors, but none of them have the demand that the 22 plain has, BECAUSE it has a hole.

Just my opinion.

Chris

 

If 1964 is still considered a "Modern" date, then the 1964 SMS coins should be considered "Keepers"...although there doesn't seem to be much documentation on them. The December 12th issue of Coin World (Page 36) has a nice article on them.

EDIT: I reread the OP and see that we're talking about coins "...in circulation issued in the past decade or so".

I guess you might still find some 1995 doubled dies or wide AMs of various dates. They bring a premium.