Which US coin seems the most under valued in today's market to you?

You ever go to an auction or see a coin at a store being sold and just think for a minute that the sale is a true steal of a deal? I think we've all been in that position if you think about it.

Anyways as I was asking which coin or coins do you feel go for way too cheap? The winner to me has to be the Peace Dollar!! What is it for you?? Are any US coins under priced to you? Anyone??

 

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Franklin halves.

 

I really don't believe any classic coin has potential for large gains, short of large increases in bullion prices, as has been seen recently. Based on current bullion prices, I'd say coin values fixed to bullion, stand a good chance of decreasing. Classic coins with numismatic value have a somewhat fixed supply and have been around long enough to have established prices. So values shouldn't change drastically, unless there are drastic changes in demand.

On the other hand, modern collector only issues of circulating coins, with low mintages, namely satins and silver proofs have seen little or no movement. Sure high grade examples of these coins sell for outrageous sums because they're in demand and hype. But, the lower grades have not seen the upward movement they have the potential for based on their overall low mintages.

 

Compared to all other U.S. coins it has to be the Half Dime. I guess that is do to the low demand of the coin...

 

Washington quarters. Franklin halves. Jefferson Nickels.

 

I think early P mint Lincolns from 1911 to 1929 in nice red are quite undervalued. These coins are far tougher then the price guides indicate in my opinion.

 

i agree with the peace dollar. beautiful coin. and wasnt minted for very many years.

 

i also love the peace dollar

but for value ... i also like the early commemorative halfs ...
many have mintages less than 25,000 and are reasonably priced
some of the designs are pretty cool too

 

I think Half Cents are a great value, particularly Draped Bust and Classic Head. Really nice coins can be had for 1/10th the cost of similar large cents.

 

The first paragraph was one of the best I have read on this forum but he kind of lost me on the second. At the end of the day supply and demand is the index that moves all pricing points and with any 20th Cen series you have a large collector base but an almost inexhaustible supply. The original poster brought up Peace dollars which most dealers will tell you perform better in a down market when avg collector are priced out of other series. That being said there are no real keys and with the exception of a VAM crossing over and becoming a main stream variety (like the 34d DDO small MM which just got added to the Redbook) the supply and demand would remain static. Moderns are fun but too common to skyrocket. Franklin halves are already overpriced due to the full bell line phenom. Half Dimes are rare & cool but too small for the people that can afford them to see(been to a show lately, it isn't packed with college kids). If anything the people/speculators are looking for the next Barber Half and one of those might not come up for another 20years but when it does it won't be a mainstream set that is already heavily collected or uncompletable. My guess would be Trade Dollars as they are rare, currently not very popular, full of varieties but still more or less a set can be completed and kind of cheep in the lower grades. At current supply levels it would take at least 100 new collectors to really raise prices and I don't see that happening anytime soon due to the fear of fakes and the fact that they can be hard to locate due to a slim dealer base. That series is an example of what it would take, if you applied the rule to Jeffersons it would take 1000's of new collector to exhaust current supply levels enough to raise prices.

 

Nice pre 1999 Clads...especially P mints... non sms 65/66/67's... 82 and 83's

 

True for business strikes, but the satin finish mint sets and silver proof sets have low mintages for modern series. If these two varieties of moderns ever catch on, there won't be enough of them to meet collector demand.