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<p>[QUOTE=&quot;Lehigh96, post: 545771, member: 15309&quot;]I think this is a very interesting question, but I like the term over-rated.&nbsp; I don&#039;t really know what over collected means.&nbsp; Over rated means to me that the value of the coin is inflated compared to the supply and demand.</p><p><br /></p><p>There is no doubt that the 1909-S VDB Lincoln Cent is priced high compared only to it&#039;s original mintage but when compared to the surviving population and the incredible demand created by series and type collectors, I don&#039;t personally think that the 1909-S VDB Lincoln is overrated.</p><p><br /></p><p>When thinking about the question, I tried to identify in my head what are considered the key dates of each series.&nbsp; After doing that, I concluded that the 1921 Peace Dollar is the most overrated coin IMO.</p><p><br /></p><p>The original mintage although low by Peace Dollar standards is still over 1 million coins.&nbsp; The surviving population of TPG graded 1921 Peace Dollars is well over 20,000 coins in all grades, hardly a rare coin.&nbsp; When compared to another semi-key of the series, the 1934-D which has an original mintage of 1.5 million and surviving population of 8,000, we can see the inflated prices.&nbsp; Let us look at the value and populations of both the 1921 and 1934-D Peace Dollars in MS65.</p><p><br /></p><p>Date/MM--------------------Population--------------------Numismedia Wholesale</p><p><br /></p><p>1921------------------------2036/257----------------------$1,850</p><p>1934-D----------------------591/87------------------------$1,625</p><p><br /></p><p>The obvious reason for the 1921 commanding a higher price is the fact that it is sought after by type collectors whereas nobody in their right mind would choose a 1934-D to fill a type collection slot.&nbsp; However, I suggest that despite this increased demand by type collectors, it still does not justify the price level given the fact that it is readily available in the market.&nbsp; Are we to believe that there are over 1,500 type collectors of MS65+ Peace Dollars?&nbsp; Consider that Heritage alone has sold 12 MS65 1921 Peace Dollars in 2009.&nbsp; In total, Heritage has sold 98 graded 1921 Peace Dollars in 2009.&nbsp;&nbsp; For these reasons, the 1921 Peace Dollar especially in MS65 is my most overrated collected coin.</p><p><br /></p><p><img src="http://i117.photobucket.com/albums/o59/ACPitBoss/CoinTalk%20Peace%20Dollars/1921PeaceDollar.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>Some of the other coins that made my short list were as follows:</p><p><br /></p><p>1883 &quot;NO CENTS&quot; Liberty Nickel in any grade below MS65</p><p>1950-D Jefferson Nickel in any grade.&nbsp; This coin drives a higher price because of it&#039;s original mintage yet it is not rare in any grade (excluding FS MS67)</p><p>1949-S Roosevelt Dime in any grade.&nbsp; See comments about 1950-D Jefferson Nickel.</p><p>1881-S Morgan Dollar in any grade below MS67.&nbsp; The population of this coin in MS66 is 23363/4451 yet it is valued at over $250.[/QUOTE]</p><p><br /></p>

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