In September 2014, I attended the Long Beach Coin Show and visited with several of my colleagues. One friend was determined to change my mind. He talked about several areas of the market, but when he started showing me the populations of these certain Barber Coins, I was shocked! I compared prices in today’s markets and I was hooked. I realized these coin’s graded populations had NOT risen like so many other areas of the market. Yet, the prices for these Barber coins were still low. So, on a relative basis they are a great value.
The next thing I had to look at was the availability of the Barber coins. While I certainly would have trouble buying hundreds of thousands of dollars worth, I could certainly buy nice looking coins here and there in the market place. Then it hit me. These are truly historic, classic U.S. Coins that nearly any collector or novice investor would recognize. They are some of the easiest rare coins to find for buyers and in the current market I could pick and choose what I bought.
The beauty of the Barber coin is that you can move slowly and buy a coin for as little $2,995, less than what most charge for a common $20 St. Gauden in MS66 (which has over 48,200 coins graded) and get a coin that is one of only 674 graded over the past 29 years. You can spend $60,000 and put together a one of a kind complete set of Barber Dimes in Proof 67 or $140,000+ for a set of Barber Quarters or Halves, which would be a truly unbelievable set of rare U.S. coins and one that would be extremely hard to duplicate.