NumisMedia Market Report: Collectors Tracking Better Dates

Posted on 8/16/2011

As the metals continue to make national headlines, NumisMedia walks us through current pricing and population figures.

Over the last few months there has been a noticeable increase in the FMV for numerous Seated Dimes, Quarters and Halves, and many of these are coins that we do not often see in the marketplace. These are identified as low mintage coins and are very scarce in circulated grades as well as Mint State. We compared the FMV of several coins in each series from August 2005 to the latest price this month.

Date Denomination Grade August 2005 August 2011
1846 Dime AU 53 $3,390 $6,690
1856-S Dime AU 55 $2,490 $2,790
1858-S Dime XF $750 $1,230
1863-S Dime AU 58 $1,130 $1,590
1852-O Quarter AU 50 $3,130 $4,530
1860-S Quarter Fine $420 $2,410
1870-CC Quarter VG $4,310 $16,500
1870-CC Quarter XF $20,130 $41,190
1875-CC Quarter MS 65 $28,130 $36,880
1863-S Half MS 64 $3,590 $4,690
1866 Half MS 66 $7,810 $9,590
1870-CC Half Fine $2,670 $4,500
1875-CC Half MS 63 $1,620 $3,090

The coins listed above are low mintage coins, some very low. Most of them have populations of 100 or fewer coins certified in all grades by NGC and PCGS. More importantly is the fact that there are very few coins available in the higher grades. These are just a few examples of the types of coins that advanced collectors are seeking. There are hundreds of coins that have the same characteristics and potential for future growth.

With the current popularity of US Gold coins, we thought it would be interesting to select a specific Gem coin and see how it has progressed over the last six years. We chose the $5 Indian because it is so desired among collectors and investors. It is a short series, one that is capable of being completed in most grades up to MS 63 and for the advanced collector, even up to MS 66. The most common date is the 1909-D and in MS 65 it currently has an FMV of $13,840. The following chart shows its path since July of 2005 when it was priced at $20,310. It has been as high as $25,310 in March 2006. With only 174 coins certified by NGC and PCGS in this grade (a total of 7 in MS 66 with none higher), it is apparent that this coin could have a lot of upside in the future.

The price of Gold has just passed $1,630 an ounce. With our economy in disarray, investors are trying to buy up anything related to Gold, Silver or Platinum. Inflation may be the next major problem for the American citizen. How do we make our income and cash reserves last through our lifetime? It looks very likely that the answer is in the metals as long as these threats loom ahead. Make sure you check current prices when making any commitments to buy or sell in this volatile market.

This article is a guest article written by:

The thoughts and opinions in the piece are those of their author and are not necessarily the thoughts of the Certified Collectibles Group.

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