
Mark Benvenuto from Coins Magazine writes:
What I’ve assembled here is a list of a “lucky 7″ coins for any collector who is buying. In making such a list, I went for good-quality coins. So they won’t be super cheap. All seven of these coins have good eye appeal, can be found with patience, have some solid value to them, and have the potential to go up if the market shifts favorably.
1. 1902 Liberty Head Gold $5.
This coin comes at the end of a long series of gold $5s, all bearing the engraving of the head of Liberty by Christian Gobrecht. Several years around the 1890s and the early 1900s saw mintages of more than 1 million gold $5s. The 1901-S alone had a tally of more than 3.6 million, making it one very common gold $5 piece. So, with a mintage of 172,562 (and only 162 in proof), the 1902 is a pretty scarce item.
2. 1889 Gold $3 Piece.
If the prices for the gold $5s I’ve just mentioned are too high, you might want to skip this next one. On the other hand, as some wise man once said, “You have to spend money to make money.” One coin with truly tremendous potential for growth is the 1889 gold $3 piece. There were only 2,429 of them minted and 129 in proof.
3. 1868 Seated Liberty Half Dime.
Not many collectors ever seem to sit down and decide to assemble a set of half dimes. So, the 1868 Seated Liberty half dime, with a tally of only 89,200 pieces often qualifies as one more overlooked coin in an overlooked series. But this specific date of Gobrecht’s very famous Seated Liberty design remains a coin that could go blasting through the roof if the market shifts in the right direction.
4. 1952 Proof Franklin Half.
If the first three coins were either too expensive or too exotic for you, how about the 1952 Franklin half in proof? As with my previous three coins, its mintage isn’t too high, with 81,980 in proof. Plus, we’re now talking Franklins, coins that just about every collector has been able to get his or her mitts on. This one is a mainstream coin with some very good prices attached.
5. 1832 Half Cent.
Let’s add another more exotic coin to this growing list – the 1832 Classic Head half cent. As with the half dimes we just looked at, there are not many collectors who set out to form a perfect collection of half cents. Yet there are some serious collectors who look at the denomination in some detail.
6. 1927 Peace Dollar.
I would be remiss if I didn’t add a silver dollar or two to this list of underpriced coins. The 1927 Peace dollar is not considered the key to the series. That title goes to the 1928, with its total of 360,649 coins. At 848,000 coins, the 1927 Peace dollar might actually seem common. Yet it remains the second-lowest mintage in the series.
7. 1899 Morgan Dollar.
The last coin on my list is the 1899 Morgan dollar, which comes in with a total of only 330,846 coins – not too far off the total of the lowest mintage Peace dollar, the 1928. The 1899 Morgan isn’t really one of the key dates of the series. The 1895 probably claims that. No, it’s the prices for this Morgan dollar, especially in lower mint-state grades, that make it so attractive.