Featured Numismatic Rarity vs Coin Value, my simple analysis

So then I'm guessing that makes you, like me, somewhat less than the world's biggest fan of where the nanotechnology freaks say we're headed. Nanotechnology taken to its extreme threatens to effectively make the word "genuine" meaningless. But unlike the article penned by Patrick Heller a few months back, "genuine" may come under threat, but that DOESN'T imply "alchemy". Even the wildest eyed nano fans aren't talking nuclear transformations.

 

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In what possible world does the existence of multiple cultural norms justify the destruction of a perfectly viable and benevolent definition of a word that has served the most advanced of those cultures so well for so long?

So now the Judeo-Christian western world's definition of marriage has to be tossed aside lightly, but SERIOUS religious tenets like the worship of gold and silver, now THAT'S inviolate? You are aware, I trust, that most of us reside on a continent whose early residents did NOT use metals as money, right? They used beads made from quahog shells, if I recall my reading correctly. So now we're to believe an invading hoard's views on the legitimacy of money must be eternally observed, but that very same hoard's views on the legitimacy of marriage are somehow disposable?

All I can say is, "Wow, just wow!"

Intellectual consistency would seem to require either the acceptance of both, or the rejection of both, IF intellectual consistency is your bag, at least. If not, go ahead with your a la carte life based on whatever moves your whim, at any particular instant, just like most of us in this country.

 

Please remind yourself why this quasi-religious quasi-political question is relevant to a coin discussion. The ongoing health of the classic collector coin and physical bullion markets is dependent on getting the next generation to "buy into" the same precepts our generation has. What I'm pointing out is that their early track record on the score is not impressive.

To be charitable, I can allow that among 1) the old fashioned ideas about marriage, and 2) the old fashioned ideas about money, anyone may find one of them fully legitimate and based on eternal truth, and the other one arbitrary, capricious, and without a logical base, despite its history. It probably won't surprise you that I find the 5000 year old views on money to be the bogus one, and the 5000 year old western ideas on marriage to be based on eternal truth. (By the way, I'm NOT a multiculturalist, and refuse to pretend to be one.)

But in either case, if you think you can indoctrinate the digital generation, you have a higher opinion of my generation's persuasive power over these digital rugrats than I do. Again, the track record does not inspire awe.

 

I'm 34 and I'm glad I didn't follow the trend your son is. I, like his generation don't care for precious metals, but I really love classic coins. I look forward to getting those coins cheap if what you say is true.

 

Yes, this advice is free, and it's correctly priced for its value, but I believe that given your age, patience is your friend. I swear that when I compare "red books" year against year, I see lots of downward trends. I have enough of them back through time that I had to start a second bookshelf, and I have them double-stacked.

When the 2010-11 silver and gold boom was in full flower, I was able to "steal" large coppers week after week. There is only so much disposable income out there and only so many who have it, and the economic trends do NOT argue for a growing collector base. More average Joe people are struggling just to survive than at any time in MY lifetime at least. That does not bode well for disposable income hobbies.

 

I buy every book I can about coins and read cover to cover. I do only the best I can with what have though when it comes to buying coins. I've also learned from a lot of mistakes I made at a young age. This is my 21th year in the hobby, I spent the first 7 years just buying random coins and not dealing with the books much. Then around 2000 or so I got serious about the hobby and I spend as much time as possible on here or in a book reading what I can learn. I also try too look at as many coins as possible. I guess you can consider me a numismatist?

 

I am also a ANA member.

 

Both of the above factors speak well of you. I am a trained economist. I do discerning "wheat from chaff" all day long. Remember that episode of "Big Bang Theory" where Sheldon Cooper says, "Penny, I'm a physicist. I understand everything."? Did you see that?

Great line, but the correct profession would have been "classically educated Keynesian economist".

 

Interesting. Lol. Gave Coingeek best answer. Reply #2. Lets set a record