Numismatic Sleepers?

[Concours14]

Here's a sleeper for ya:

I think the Washington Mint stamped these out. No sleepers these. Just silver. Pretty though. They mean well! Bought em last week, spot plus a little. 30/ounce plus 10 bucks. Not so bad. Hey, a fella can always use an unusual golf ball marker on the greens, right? Commonly referred to as a "manhole cover".


http://www.apmex.com/Resources/Catalog%20Images/Products/56167_Obv.jpg

http://www.apmex.com/Resources/Catalog%20Images/Products/56167_Rev.jpg

[Oldmansmith]

Got one myself Concourse, I bought at spot when it was 13.

[AuNuggets]

If you want to find REAL, GENUINE "numismatic sleepers", do your homework. Look for individual key coins to series, types, etc. that are of relatively low mintage, low availability, i.e. RARITY and not (yet) on the radar screen of other collectors. These things do exist out there, but not in mass-market, mass-produced modern bullion or "collector" coins. When you find the kind of coins that I am talking about, real NUMISMATIC coins in every sense of the word, then profit potential is through the roof. There are places right now where a true cornering of the market could easily take place, a little promotion done, and prices driven into the stratosphere. You just have to stand back and look at the big picture with the ability of focusing on the individual pixels. The real treasures are there for the finding.

[GOLDZILLA]

Can someone explain to me the follow? Why not?

IX. Never swap bullion coins for U.S. $20 gold pieces.


Would it not be better to have some double eagles if the price of gold plummeted. Would the St. not hold it's value better? Only wondering b/c at this point graded st's are around 1480 at my local dealer.

thx



Tax implications, no doubt.

[rodzm]

Bought a Daniel Carr 1964 Peace Dollar (Matte Proof, only 132 made) for $195, sold it yesterday for $426 on the Bay....hows that for a decent return

[jogslvr]

Bought a Daniel Carr 1964 Peace Dollar (Matte Proof, only 132 made) for $195, sold it yesterday for $426 on the Bay....hows that for a decent return

That is very good to hear. Awhile back I bought one of his 1 oz 2010 silver trade dollars with the indian chief head. Paid waaaay over spot but only 37 minted at the time with a cap limit of 75. And with by ebay bucks was able to buy a 1/10th gold indian struck by him and had some change left over. Mintage on the 2010 gold 1/10th is around 350 I think. His website, Moonight Mint, has all the mintage figures. I'm hoping one of my grandkids can cash in big time on these in about 20 years or more.

[HistoryStudent]

That is very good to hear. Awhile back I bought one of his 1 oz 2010 silver trade dollars with the indian chief head. Paid waaaay over spot but only 37 minted at the time with a cap limit of 75. And with by ebay bucks was able to buy a 1/10th gold indian struck by him and had some change left over. Mintage on the 2010 gold 1/10th is around 350 I think. His website, Moonight Mint, has all the mintage figures. I'm hoping one of my grandkids can cash in big time on these in about 20 years or more.

You and old RODZM finnally got me off the fence and I bought a 2009 ASE DC mintmark privavtely slabbed for the proof collection of ASE. More as a novelty. Good to see you post.

HS

Those 1964 thingies are going for $550.00 now.

[JEKYLL-7]

The US is a tough market to find sleepers, simply because there is such a large and savvy collector base. That said, undiscovered or under-appreciated varieties can do very well for you. On the Canadian side of things, I've seen many coins go from a value in the hundreds to a value in the thousands in the last decade or so. Another thing to look out for is coins that seem priced within reason, but almost never come up for sale. When one of these comes up for sale at a well known auction, it can change the accepted value quite quickly. One last thing is: coins with outstanding eye appeal, particularly beautiful toning. I've seen a sub-$100 coin go for nearly $800 because it had simply outstanding rainbow hues. It happens all the time.

As a general rule, you want business strike coins (not collector coins from sets).