Will old american coins ever be respectively valued?

[Marko0916]

Being new to detecting and never paying much attention to coin collecting in the past, now that I'm finding some old stuff I'm shocked to see how undervalued all these coins are. Silver content / gold is what seems to count the most.

I'm very tempted to start buying these historical cheap coins. Does anybody think its going to take off one day?

 

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[austin]

1909s vdb worth a thousand or more. That's a pretty good deal. I'm not sure which coins you are talking about.

 

[gleaner1]

There are three values to a coin. Face, bullion, and numismatic. A lot of silver and gold coins are worth more melted (bullion) than they are as collectibles, because they are so common, or in poor condition, so the melt value outshines the collector value. So if the precious metals markets take off, it puts even more coins in the bullion bucket.

 

[BosnMate]

1909s vdb worth a thousand or more. That's a pretty good deal. I'm not sure which coins you are talking about.

In 1961 or 62 I sold a 1909s vbd for $40.00. It had been scotch taped onto a board, and that had screwed the coin up, at least that's what the coin guy told me. Please be kind, I don't want to hear about how stupid I've been.

 

[HutSiteDigger]

all depends on how many were minted and if there were any errors in the minting,etc. always double check old coins.

 

[Red James Cash]

In 1961 or 62 I sold a 1909s vbd for $40.00. It had been scotch taped onto a board, and that had screwed the coin up, at least that's what the coin guy told me. Please be kind, I don't want to hear about how stupid I've been.

We have all been there in one time or another Bosn,nobody is going to say anything.

 

[GrizLeeBear]

If we keep melting old coins for content value, eventually they will become more rare and thus have more value. As stated, in coin collecting it is all about how rare it is and the quality. By definiton, coins buried for thirty years or more will have a lower quality.

 

[TerryC]

Most gold coins (contemporary) are listed in the coin books as (value) bullion + 3% or similar. Old coins will always show a higher valuation. EDIT: It's either the red book or blue book that shows the value of gold coins as bullion plus. TTC