Hiya all, Any ideas on any coins that are undervalued or worth considerably more in the years to come? I'm asking because I expect to give my sets to my grandkids and future generations. It would be nice to leave them something that would be worth something more than "just granpa's old collection, but it's not worth anything". I'm talking 20-40 years down the line. I know alot will be worth something. But does anyone have any favorites that stick out in your mind? Thx, Ron
But how can you see a key date with all the millions of coins being mint? It's not like the early 1900's when keys differed in a couple 100 thousand or a million. Today they are differed by a couple 100 million? Question is, which couple, any ideas on dates? I've noticed 1960's and on are reasonably priced Thx Ron
My grandfathers collection. Hiya, The reason for this thread starts with my grandfathers collection. Grandfather left my dad his old coin collections. And my dad will leave me them. I've already looked at the coins. Truthfully, nothing special. A couple key dates in Good to About Good condition. I didn't want to tell my dad I have much better, so I went along with it. Thx Ron
I was thinking about older coins not modern coins. As far as buying modern coins I would guess that sticking to silver coins would be a good purchase to hold on to. There really is no good way to tell if any will increase in value just consider lower mintage items as a possibly being worth while.
In my opinion, all of the gold modern commemoratives and any silver coin will be worth a considerable amount of money in 40 years compared to their prices today. Speedy's Franklin collection is a good example. Some of the low mintage platinum coins might be a real sleeper. They don't have a large following but might someday in the future. I have less confidence in clad coinage unless it is very very high grade. But all things considered, if you buy something old and in good condition and already worth something to the numismatic market, you will probably do better than to try to guess what the next big thing will be.
I inherited several old commerative halves a few years back. Some were real dogs and never gained much in value, but a few, like the Maine State, Arkansas State and Stone Mountain halves have really taken off. I really like them and am trying to find more. Unfortunately many of them were circulated and have gotten worn over time. Who circulates commeratives?
Typically, UNC commems will be in lower mintages than the proofs. 1/10 AGE's tend to go low mintage too, mainly b/c they are not as popular. So years down the line when folks want to complete sets the hunt is tougher. Of the 2 old commems I've inherited one is cirulated condition ....the other my father took an eraser to as a 9 year old So much for an 1893 Columbus commem. I'm guessing these were not spent as much as carried around as a more literal commemoratives. I know there are folks that carry around lucky silver dollars and such, and most of them are from older generations.
One thing my grandfather told me a long time ago was that it was harder to hold on to these coins because 50 cents was worth something a few decades ago. Kind of hard to imagine now when a dollar doesn't go very far.
Go with sets that aren't big and hard to put together...they are fun and you can put them together in higher grades...Franklin Halves...older Proof coins...half dimes... Now you must know that I nor anyone else can tell you what or how to collect or even what will go up or down...that is total up to you... Speedy
A mixed grade set will cost about $125-$130 I would guess...I did mine with some BU's and such so it cost a bit more...I keep meaning to do another set in BU and maybe add some FBL but havn't...maybe next year. Speedy
What becomes valuable is always what people didn't save. There are many reasons people don't save some things but there are always things that were, are, or will be overlooked. Save them. It's also possible for increased demand to occur in things that were fairly heavily saved to cause the price to increases. (look at buffalo and indian prices recently) This is far more difficult to predict. Buy bonds or gold. (stocks, real estate...)
In some cases...the 1963 and dates like that you would be able to get for under $10 at some MS grades... but when you get to the 49-S and 53-S (and the 53-S with FBL) your talking $100's and some with FBL's $1000's.... I would like to maybe do a set of MS64 slabbed Franklins...mix some FBL in where I can get them and make it a nice set. Speedy
That is the absolute key, if you can do it. Old baseball cards are valuable because they were tossed away. New baseball cards will never achieve that level because there are boxes of them in closets all over America. All you have to do is identify the least popular, lowest mintage, most circulated, never saved coin in the past 50 years and buy a boatload of them in high mint state or proof condition. And gold and silver will never go out of style.
Collect what makes you happy. If the kids are worth it, What, will not matter, only that they were from you. The most cherrished part of my collection was handed down. Yes I bought two 3 leg buffalos in XF & AU, but they don't compair to my grand dads 1873CC dime in AG grade. It was his and I'll pass it along to my grand kids.
