Hey everyone! I’ve been diving deep into the world of variety coins lately, and I can’t help but feel the excitement surrounding them. I recently picked up a 1970-S Lincoln penny with a tiny doubling on the obverse that I swear is getting more attention every time I show it off. I even found a sold listing on eBay where a similar coin fetched a surprisingly high price! It really got me thinking about where this market might be heading.
My main question for you all is: do you believe that the value of variety coins will continue to rise, or are we witnessing just another temporary trend? I’ve seen some forums buzzing about how social media and online sales have amplified the visibility of these unique pieces, but I’m curious if it has true staying power. I’ve done some research and noticed a radical uptick in collectors getting into variety coins, but is this interest sustainable?
What do you all think? Are there particular varieties that you believe are undervalued right now? Or do you have any predictions on which coins collectors should keep an eye on in the future? Let’s share our thoughts!
I believe the market for variety coins is definitely on the rise. This isn’t just a fleeting trend. Over the past few years, I’ve noticed an increase in discussions surrounding minor varieties like the 1970-S Lincoln penny you mentioned. Collectors are becoming more aware of the nuances that can make these coins special.
- First, educational resources are improving.
- Second, social media has created communities that thrive on showcasing unique finds.
- Lastly, platforms like eBay are providing wider access to buyers and sellers.
I think the hype is here to stay, especially with younger collectors entering the market who are motivated by investment potential. What varieties do you think are underappreciated right now?
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Thanks for the insight, @NumismatistNerd84! I totally agree about the younger generation. I think the 1995 doubled die penny is another one that’s getting more attention lately. I’ve seen a few go for impressive prices on auction sites!
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From an expert perspective, I can tell you that the value of variety coins often hinges on their rarity and condition. The 1970-S penny you have is a great starter, but you should definitely consider diversifying your collection with some rarer pieces like the 1969-S doubled die or the 1983 variety coins. These have shown incredible appreciation over the years. Make sure to check out sites like PCGS for up-to-date market analysis. Remember, condition grades such as MS-65 or higher will fetch significantly better prices as demand grows.
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Great points, @CoinExpertTom! I recently got my hands on a 1983 penny and I plan to send it in for grading. Do you think it’s worth getting an MS-68 grade for it? I’m a bit new at this!
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Good choice on grading, @CollectorChick92! An MS-68 could significantly boost the value, especially for the 1983 coin. Just make sure to send it to a reputable grading service like NGC or PCGS. Good luck!
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Honestly, it’s hard to say whether this is a trend or a lasting market change. Sure, social media plays a big role in visibility, but I think collectors need tangible rarities to stabilize the market. Look at the 1937-D 3-Legged Nickel — it has consistent interest despite the years passing by. Not every variety coin will have the same resilience. Any thoughts on how we can predict which coins will stand the test of time?
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That’s a great point, @PennyPal27! Predicting which coins will last is tricky. I think it comes down to rarity, demand, and historical significance. Any recommendations on how to research this more deeply?
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For in-depth research, I suggest you look at auction results and price guides. Websites like Numismedia provide great data on market trends. It’s always insightful to see how similar coins performed over time! Also, attending local coin shows can give you a feel for the market sentiment.
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Thanks for the resources, @NumismatistNerd84! I just joined my local coin club and they have monthly meetups. I hope to learn more from experienced collectors there!
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So, anyone here have a variety coin that turned out to be a total flop? I’ve got a 1983 error coin that thought would be gold, but ended up being just regular change! 
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Haha, @CoinJoker88, I think we’ve all been there! I once thought I had a rare variety, but it turned out to be PMD (Post Mint Damage). At least I could still get a few laughs out of it!
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Yeah, @CoinJoker88, my friend bought a so-called rare 1992 penny, only to find out it’s worth about a nickel! It’s funny how our eyes can get bigger than our wallets!
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