Afternoon everyone….
I know most of you that will read this are mainly either crypto people or true stacker people. But I’m going to share some knowledge with all of you today.
For those of you that have been following me for the last four years you already know that I started out as a high end coin collected of numismatic coins.
Let’s start off with what a numismatic is. A numismatic is a coin that has a higher value then it’s face value and or the metal content it is made up of.
Unfortunately in the roughly the last twenty years there is also a new category called semi-numismatic. These are modern coins typically struck in silver or gold that sell for higher premiums then typical government minted bullion coins.
Typical government minted coins would be: in the United States the American silver or gold eagle. In the United Kingdom it would be the silver or gold Britannia. In other parts of Europe it would be the silver or gold Philharmonic. In Canada it would be the gold or silver Maple Leaf, and in Australia it would be the gold or silver kangaroo.
A semi-numismatic is like the Australian Perth Mint kookaburra coins, Lunar coins, or koala coins. The Royal Mint Queens beast series. The US Mint Peace dollar and Morgan commemoratives.
While these can sometimes appreciate in value, and are collectible they not a true numismatic. They will never appreciate like a government minted coin that was produced for commerce.
Sure there are many quality series of coins that are the blue chips such as the Morgan silver dollar, the Mercury dime, the Walking Liberty half dollar. But the way to make real money in numismatic coins is to find a series that is undervalued and buy it before it takes off.
About five years ago this coin was the Benjamin Franklin half dollar. While they aren’t worth what the Walking Liberty is worth they have more then doubled in a two to three year span.
You could’ve bought an MS64 Franklin half dollar with full bell lines for $30-$40 back then. Now you’d be lucky to find a nice example for under $80 and those are coins with 40-50 million minted. The lower mintage years sell for 3-4 times that now.
So what is the proverbial diamond in the rough now?
In doing my research and my knowledge of coins. This series is the Standing Liberty quarter. This entire series minus three key dates is undervalued Big Time. Why do I say this. Let’s take a look at some numbers.
The average mintage of a Standing Liberty quarter is roughly six million. Some lower some higher but that’s the middle ground.The average mintage on Washington quarters pre 1950 is more then double that.
Standing Liberty quarters in Ming state with a full head are a very tough find, but are still less expensive then a same grade Washington quarter.
Example: This 1928 MS63 FH (full head) Standing Liberty quarter sells in the mid $200 range with a mintage of just over 6 million. Yet a 1938 Washington quarter in MS63 sells for over $300, with a mintage of nearly 10 million.
This is just one example but there are many just like this. Collecting coins is never going to go away, it’s part of history.
Why not take advantage and make some money at the same time….
Here is the 1928 Standing Liberty quarter in mint state 63 with full head.
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I believe you mis-spelt you #utopis tag @silverd510
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I sure did
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