Five Modern Coins You Should Be Looking for Right Now

Editors Note: We have re-posted this Modern Coins article for those that may have missed it the first base go around. enjoy !
By Charles Morgan and Hubert Walker for CoinWeek …..
We ’ ve put together a number of five big advanced coins that you should be looking for right nowadays. none of them will break the bank, and finding them may be high rewarding !

1968 Proof Quarters with Deep Cameo

Proof sets returned in 1968 after a three-year suspension. The United States Mint had upped the price from $ 2.10 to $ 5.00 despite the fact that the coins themselves were intrinsically less valuable ( even the last silver man – the Kennedy half dollar – was only 40 % silver ). What had changed in five years was the Mint ’ s investment in better packaging materials. Swapping the brown envelope and thin fictile negligee for an attractive, heavily formative display event meant that newer proof sets would preserve better going forward. That was the plan, anyhow. The reality of the situation was slightly more complicate. The hard plastic cases were not airtight, making the coins of this era even more susceptible to oxidation, haze, and toning than the pre- ’ 64 proof.

There was besides an campaign to produce more cameo neologism in the reintroduce sets, with the emphasis on the silver-clad Kennedy half. You can find other mod coins in the set with frosty white cameo devices, but they are less common. This is specially true concerning the 1968 Proof quarter .
PCGS has graded fewer than 200 1968 quarters designated Deep Cameo, and of that sum, fewer than 25 grade PR69DCAM. These mod coins typically sell for upwards of $ 2,300 dollars at auction. This may come as a surprise to those who think every modern proof is issued a PR69DCAM pronounce when submitted to a third base party grading company, but it ’ mho indicative of a transitional phase of proof product that encouraged the Mint to experiment in order to keep up with customer need and deliver a first product .
1968-S quarters sell in the $ 100-200 stove in PR68DCAM and is a $ 50- $ 100 coin in PR67DCAM. No matter how you look it, this is a mod coin that outperforms the run-of-the-mill 1968 proof set and with the price of acquisition then low ( 1968 proof sets sell for the ash grey price of the half dollar ), it pays to take a look .
Varieties to Consider : The 1968 proof set is chockablock of varieties, due possibly to the Mint trying to keep up with the three million plus orders they had for the set. Look for DDOs, DDRs, and tied an RPM .

Full Step Jefferson Nickels: 1965-70

The Jefferson nickel set is the ultimate founder ’ sulfur set, you say ? Well, certain – if you aren ’ metric ton besides concerned about fall or pocket marks. The Jefferson nickel has delighted and frustrated series specialists for years, particularly because finding Full Step exercise dated 1965-1970 is so cursed arduous .
even in Choice BU, a 1965 Full Step Jefferson ( non-SMS ) will set you rear five thousand dollars. Ditto for the 1968-D. The relatively “ easy ” 1968-S and 1970-S still fetch hundreds of dollars at MS-63 and MS-64. In Gem, you ’ rhenium looking at four figures. All told, the major third party grading companies have seen fewer than 200 wax Step Jefferson nickels from this six-year menstruation .
There are some problems common to the series from this prison term. A miss of eye invoke, hapless shininess, and bathetic strikes are to be expected. besides, what defines a Full Step Jefferson varies from year to year and batch to mint. Some can be found with six steps and some with five. It ’ second enough to drive you crazy .
But that ’ s not the end of it. excessive contact marks besides keep most of the five-cent modern coins struck for circulation from achieving high grades. More than most coins, the Jefferson nickel ’ mho design has a bent for bringing out scuffs and scrapes. Since Jefferson ’ s break dominates the obverse, practically every hit is in a focal area. On the reverse, a misplaced ding will dash any hopes of pulling out that valuable, needle-in-a-haystack Full Step coin .
Discouraged so far ? Don ’ t be. even with all of this working against you, Full Step Jeffersons are out there. You fair have to look and keep looking. These common-date modern coins carry no numismatic premium unless they come certified, so getting rolls and rolls of them raw is no bad investment. If you ’ ra anything like us, the think of spending a cold winter day sitting at a grading lamp counting steps can be terribly compelling. Who knows ? You might find that in truth exceeding nickel .
Must-Buy Book : Bernard Nagengast is our kind of numismatist. His bible The Jefferson Nickel Analyst ( 2nd ed., 2002 ) is the alpha and omega on the probability of finding these elusive coins. even if you aren ’ metric ton quick to dedicate years of your life looking for five- and six-step Jefferson nickels, but want to make a serious become at about any early modern series, you can learn a distribute from Nagengast ’ s border on. We can ’ metric ton recommend it enough .

1977-S Doubled Die Eisenhower Dollar Proof

disclosure time : Charles is an active voice extremity of the Ike Group .
here ’ s your probability to get in on the grind level of an stimulate assortment that is unpublished and unsearched. Ike Group extremity Andy Oskam reported this newly-discovered doubled die obverse Ike dollar after a dealer showed him one at the 2012 Whitman Expo in Baltimore. According to Andy, the mint “ has doubling in the IN GOD WE TRUST MOTTO, which appears as very decent north-south doubling with left-side letters of the motto being the clear. ”
The double is then dramatic that it ’ mho practically naked-eye visible. How it eluded collectors and kind hunters for all these years is anybody ’ mho estimate. What we do know is that the double is thus significant that it makes every Ike doubled die presently listed in the Cherrypicker ’ s Guide look nondescript, and given the fact that we presently know of only ONE exemplar, finding another one at your local coin shop could prove to be lucrative indeed !
The Ike Group is trying to get its hands on the discovery piece in order to catalogue it and include it in their approaching Eisenhower dollar series guidebook. As more examples turn up, it ’ s alone a topic of time before the 1977-S DDO Ike Proof becomes a compulsory mint for the Complete Variety Ike Registry Set. If that happens, you won ’ thymine be the only person searching for it. Don ’ t say we didn ’ metric ton warn you .
About the 1977-S proof : The 1977-S Proof is found in 1977 proof sets. Although the market is saturated with tens of thousands of pretenders, actually dense, crisp cameo Ike proof from 1977 are worth holding onto if you are uncoerced to take a long view. In 1978, the Mint changed its proof mint process, allowing for consistently-rich cameo contrasts, but Ikes from 1971-1977 are hit or miss, no matter what the TPG holder says .

1981-S Business Strike Susan B. Anthony Dollar in High Grades

Forget all the nonsense about the Susan B. Anthony Wide Rim variety and the 1979 and 1981 Type 2 Proofs. sophisticate collectors of the series know that in terms of bluff difficulty, the 1981-S occupation come to is the toughest coin to find courteous .
The mint was produced entirely for mint sets and shipped from San Francisco to Denver for packaging. The travel didn ’ deoxythymidine monophosphate suit the coins well at all, as most BU 1981-S SBA ’ sulfur grade out at MS-64 or lower. still, with some application, MS-65 examples are not baffling. Finding one will net you $ 25- $ 30 dollars in nowadays ’ mho market. Pull a MS-66 and you ’ ll do even better, with examples trading at $ 500- $ 600.

Find a second MS-67 and the sky ’ s the terminus ad quem : The only one so far graded by PCGS has a long pedigree of Anglemier, Golan, Murphy, and nowadays resides in the count one 1981 Mint Set Registry Set belong to PCGS extremity haletj. It ’ s not a potent 67 to our eyes, which means a stronger 67 could command $ 10,000 or more if offered to the right buyer .
1981 would have been the end for the serial, had a sudden and unexpected deficit of the coin in the Treasury ’ second reserves not taken place in 1999, a year before the launch of the Sacagawea golden dollar. interest in the modern coins series is only slightly better today than it was during its initial production race. however, a market is growing for MS-66 and better specimens from all dates and mint marks. The hobby-at-large may not know it so far, but series like these are key to the future growth of the hobby. great coins are silent available for a small bounty over face value now, but probably won ’ metric ton be once all of the mint sets are picked over. You know what they say about those who wait excessively long ?
With a distribution of over three million sets, cipher is going to confuse the 1981 Susan B. Anthony dollar for a key date. sure, there are those who like to point at mintages and suggest that this makes the coin rare. That ’ randomness plain dealerspeak for I ’ d like to make a couple supernumerary bucks on folks that don ’ metric ton know full. If you ’ vitamin d actually like to see the 1981 Susan B. Anthony dollar become barely, spend the ones that don ’ thyroxine look up to snuff. That ’ ll avail thin the herd, draw newfangled collectors into the hobby, and might even help your bottom line down the road .

2008 Silver Eagle – Reverse of 2007 Variety

The american Silver Eagle is a popular coin both inside and outside of the avocation. This is both good newsworthiness and bad news program for this variety show ( possibly more correctly referred to as a transitional error ). The good newsworthiness is that most non-traditional coin dealers ( read : bullion stores ) and collectors who have the coins are improbable to know about the well-publicized assortment. The bad news is that a carnival number of the estimate 45,000 or so 2008 Silver Eagles struck with the 2007 reversion are probable out of the hands of the mint hobby and held by bullion investors .
At this point, approximately 6,000 of the modern coins have been attributed, leaving a majority of them in the wild… to be discovered by you .
There are several naked-eye pick-up points to help you differentiate the 2007 change by reversal from the 2008. many guides point to the different U ’ randomness in UNITED STATES OF AMERICA. On the 2007, the U has serifs at the top, while the 2008 forgoes the serif spirit in substitute for a U careworn with a trunk on the right side. And this international relations and security network ’ t the lone change in the letter, as the coin underwent a complete typographic renovation. The 2007 besides features outstanding serifs on the foot of the 1 in 1 OZ. The 2008 version lacks this feature .
The 2007 has more spread among the stars above the heraldic eagle. On the 2008, the rows of stars much touch one another because the stars are slightly larger. last, the tilde between the words SILVER and ONE ( at about six o ’ clock on the invert ) has acuate angles on the 2007 and is rounded and wavy on the 2008. It is besides slenderly longer on the 2007 .
right now, this variety show sells for $ 300- $ 500 each in MS-69, the typical grade for circulation strike bullion coins. In MS-70, you may get a monetary value approaching $ 1,000, but the odds of getting this kind of price is fading as populations grow to the expected proportion of one MS-70 for every 10 MS-69. If you are fortunate enough to find one and make MS-70, we ’ d rede to sell while you still can .
besides, attractive toners in this variety show will likely command premiums well beyond holocene auction results .
A flying note : If you like american Silver Eagles, or bullion coins in general, be sure to check out John Mercanti ’ s new book from whitman american Silver Eagles : A Guide to the U.S. Bullion Coin Program ( 2012 ). Our review is posted here. Charles briefly visited with Mr. Mercanti at the late Whitman Expo and was pleased to get his transcript personalized and signed .
* * *

References:

Nagengast, Bernard A. The Jefferson Nickel Analyst – 2nd Edition. E & K Cointainer Co., 2002. print .
hypertext transfer protocol : //www.ikegroup.info/
Fivaz, Bill and J. T. Stanton. Cherrypicker ’ s Guide to Rare Die Varieties of United States Coins ( Vol. II ). Ed. Ken Potter. Atlanta : Whitman Publishing, LLC., 2011. photographic print .
Yeoman, R. S. A Guide Book of United States Coins 2013. Ed. Kenneth Bressett. Atlanta : Whitman Publishing, LLC., 2012. print .

FLIP OF A COIN:

The Grey Lady : Nowadays, we have a fairly set estimate of the character of the foremost lady. It wasn ’ metric ton always sol. Take, for example, First Lady Anna Harrison. Mrs. Harrison was the oldest first dame in U.S. History, and ascribable to illness she never moved to Washington with her doomed conserve, President William Henry Harrison. Her widowed daughter-in-law Jane served as first dame alternatively. Anna Harrison was one of five first ladies featured in 2009 ’ s First Spouse $ 10 Gold Bullion Program .
six-spot : The total of people whose quotations appear on the reverses of U.S. Commemoratives : Emma Lazarus ( 1986 Statue of Liberty dollar ), Dwight D. Eisenhower ( 1991-1995 World War II dollar ), James Madison ( 1993 Bill of Rights $ 5 ), Joshua Chamberlain ( 1995 Civil War dollar ), Eugene Kennedy Shriver ( 1995 Special Olympics dollar ), Abraham Lincoln ( 2009 Abraham Lincoln dollar ). personally, we think blocks of text oeuvre better on medals than on coins, per selenium, but it ’ s one of the identifying trends of the modern series .
now I Want frosting cream : In the 1830s, a Kentucky farmer named Josiah Sprinkle minted his own ash grey dollars and put them into circulation. local anesthetic businesses seem to have had no trouble accepting them, because, like therefore many other DIY denominations in american history, they contained a fully dollar ’ mho worth ( or more ) of argent ! The government finally brought Mr. Sprinkle into court for passing counterfeit money, but a local pronounce and jury acquitted him on all counts. unfortunately, no known “ Sprinkle ” dollars exist. You can read all about it in the 2012 edition of Pete Smith ’ s excellent American Numismatic Biographies.

Leave a Reply

Your email address will not be published.