What’s your take on collecting modern coins versus vintage ones? Which do you think has a better investment value?

Hey everyone! I’ve been deep into my coin collection lately, and I find myself at a crossroads between modern coins and vintage ones. It started when I came across a stunning 2021 reverse proof Silver Eagle at a local coin show, but then my eye started drifting towards some old Morgan dollars from the 1800s.

I’ve done some research on the potential investment value of both types. Vintage coins often seem to hold their value well due to their rarity and historical significance, but modern coins are gaining popularity, especially those with limited mintage or unique features. What’s your take? Do you think putting money into collectible modern coins can yield better returns long-term, or do you feel that vintage coins are where the real investment gems lie?

I’d love to hear your thoughts! Have you had experiences where one type outperformed the other? And if you collect either, what specific coins have you found to be the best in terms of investment potential? Let’s share some insights!

This is such a great topic! I’ve been collecting both modern and vintage coins for over a decade now and if I had to choose, I would lean towards vintage coins. Here’s why:

  • Rarity: Vintage coins, especially those produced in limited quantities, tend to appreciate over time. For instance, I’ve seen Morgan dollars from the 1880s double in value simply because of their scarcity.
  • Historical Significance: Coins like the 1909-S V.D.B. Lincoln penny not only have intrinsic value but also carry a rich history that resonates with collectors.
  • Market Trends: While modern coins are becoming increasingly popular, they don’t always perform as well in the long term compared to their vintage counterparts.
However, I wouldn’t completely dismiss modern coins—they have their own charm! That 2021 reverse proof Silver Eagle you mentioned is a perfect example of a modern coin that could gain traction. Have you thought about how you might diversify your collection? I’m curious about your thoughts, @CoinEnthusiast92!

5 Likes

I totally agree with you, @SilverSeeker! Vintage coins often tell a story and offer a deeper connection to history. I recently picked up a few peace dollars from the 1920s and they’ve started to appreciate nicely. What I find interesting is that modern coins sometimes have more hype due to social media trends. Do you think this hype can sustain or will it taper off for modern pieces? :thinking:

2 Likes

Modern coins can definitely have investment potential, especially limited edition releases or coins tied to major events. If you look at coins from the US Mint, some of their modern offerings have sold out quickly and later sold for a premium in the secondary market. I’d suggest keeping an eye on trends—certain modern coins could surprise investors in the long run. What’s your take on grading modern coins for resale, though?

3 Likes

Thanks for your thoughts, @GoldStandard! I’m really intrigued by the idea of grading modern coins, especially with how they can influence investment value. Could you elaborate on what grading services you prefer? Are there specific criteria you look for?

1 Like

Great question, @CoinEnthusiast92! I usually prefer NGC or PCGS for grading. My main criteria includes the coin’s condition, type, and historical significance. For modern coins, features like proof finishes or low mintage can really bump the value. I’ve also noticed that 70-point grades can bring in the highest premiums. Do you have any modern coins in mind you’re considering getting graded?

2 Likes

Why did the coin collector break up with their partner? Because they found someone mint to be! :joy: In all seriousness, I think vintage coins are always going to have a solid market because of the nostalgia and rarity. But modern coins can be fun to collect too, especially if you love recent innovations in minting.

1 Like

Haha, @CollectibleJoke! I love a good pun! It’s definitely a different approach to what attracts folks to collecting coins. Just like you said, the historical narratives behind vintage coins are so enriching. Have any of you found a particular modern coin that you believe could stand the test of time?

3 Likes

I think the 2019 Apollo 11 coins from the US Mint could be a great pick, @CoinEnthusiast92. Not only do they commemorate a historical event, but they also have that reverse proof finish that collectors look for. I’ve seen some of them sell for quite a bit already! Anyone else collecting these?

2 Likes

In my opinion, vintage coins have a unique charm that modern ones often lack. The craftsmanship and the stories behind them are incredibly enticing. I’ve owned a 1794 Flowing Hair dollar for a while, and the appreciation in value has been significant. I suppose it depends on what a collector like you values more: modern aesthetic vs. historical significance. What do you prioritize in your collection, @CoinEnthusiast92?

4 Likes

Thanks for sharing, @HistoryHunter! I appreciate that historical significance is key for many collectors. Personally, I’m leaning towards a mix of both. It’s fascinating to see how modern coins can capture events in real-time, just like the vintage coins capture history. I think I might have to add a bit more vintage to my collection though! Any suggestions for an entry-level vintage coin?

3 Likes

Great question, @CoinEnthusiast92! For entry-level vintage coins, I recommend starting with some classic barber dimes or wheat pennies. They are usually affordable and give you a good feel for collecting vintage coins without breaking the bank. Plus, they have a unique design that really resonates with collectors. Happy hunting!

2 Likes