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Message:: [QUOTE="900fine, post: 750753, member: 6036"]When folks ask "Which coins are going up ?", it's natural to respond with a very specific date / grade i.e. 1911-D $20 MS65. Same when asking "which coins are sleepers ?" Personally, I don't think that way. I tend to see numismatic collector coins, not bullion / commodity coins. And for those, it's not issue by issue - it's specimen by specimen. It's the individual coin that counts - not whether it's a 1909-SVDB MS63 RD PCGS. Strong coins sell for strong money, and I guarantee you some exceptional coins are selling for more now than historical highs. Here's a coin in the current Heritage Houston auction - still on - one which is already bid above historical highs, and may go higher : <a href="http://coins.ha.com/common/view_item.php?Sale_No=1132&Lot_No=503" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/common/view_item.php?Sale_No=1132&Lot_No=503" rel="nofollow">http://coins.ha.com/common/view_item.php?Sale_No=1132&Lot_No=503</a> It's at $1035 right now; two years ago the same issue / variety* sold for $862.50. That's a 20% increase - in a down market ! Is this coin running high because it's a sleeper, and suddenly the world is crazy about 1833 25c AU55 PCGS ? No.  It's high because someone believes it's an exceptional specimen. That said, there are some good buys to be had in auctions because it's true - prices on the whole are down. Buy low ! Buy the coin, not the issue !    * When using auction records for these older Federal period coins, don't just look at the table of values. Check each coin to verify it's the same die marriage (variety) as the coin up for bids. Otherwise, you're comparing apples to oranges.[/QUOTE]

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