Liberty coins up
By Mark Ferguson
Values are still rising for some
coin series even though the market in general
has softened and sales of collector coins are
now slower than during the bull market of the
past five years.
Seated Liberty coins are still being actively
sought out by numerous seasoned collectors.
Common issues are fairly easy to find and are
stable in their prices, but scarce varieties and
even some of the more commonly found issues are
tough to find in problem-free condition in the
higher circulated grades.
One middle-aged collector who collects several
denominations of Seated Liberty coins says he
has had the most difficulty through the years in
finding the Seated Liberty quarter dollar issues
as compared to the other Seated Liberty
denominations. He regularly attends major coin
shows and auctions.
The latest valuing update of Seated Liberty
quarter dollars does not reveal a tremendous
amount of values increasing. Typically, about 75
to 90 percent of the issues in each grade were
increasing during the recent bull market, but as
the market slowed, about 10 to 25 percent of the
values in this series changed.
Most of the latest changes are slightly higher,
by about 10 to 20 percent. However, some of the
higher grade Mint State examples have shown
slightly greater increases. Some people are
thinking that some of these higher grade common
issues have become overpriced in today’s overall
Seated Liberty coins can be considered
"blue-chip" coins because the rare ones are
being held by collectors who are not likely to
sell their collections soon. Great collections
of the Seated Liberty coins enter the market
very infrequently as compared to coins from
other series. Plenty of competition always vies
for scarce issues offered for sale.
Therefore, Seated Liberty coins should be able
to hold their values very well in a down market,
unlike much more common coins such as Morgan
dollars, Walking Liberty half dollars or
Washington quarter dollars.
Other segments in the coin market should hold
their own as well. Examples include early copper
coins and Capped Bust half dollars, of which
both series/categories attract knowledgeable,
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