Is it time to focus on clad coinage?

I think you dear fellows should take it to the PM mode before things get out of hand here.

 

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Some of the clads are seriously tuff. Like the 82, 83 issues. Buying a souvenir set seems to insult your intelligence, until you get serious about the clad series. Then any price under a hundred for the pair seems a bargain. A dealer just lost a set of type 2 Quarters, which are mostly in mint sets, to theft. If you want to find out how tuff those are to find in circulation, just look for 6 months or so, and report how may above 10 you find here. Of course, the easy way out is buying completed sets, and they are cheap. Mostly, the best of the clads are the Kennedy Halves. Making a roll set for the years they quit issuing them in circulation is getting a little more costly, but from time to time you will see various rolls on that bid site, which I shall not utter. Today, though, I bought two 100 roll boxes of tubed lincolns. Lots of Gem BU 69 S rolls. Many, many 40's rolls, gem, So I will have stuff to show if. That's if Homeland Security quits stealing my coins during Patriot Act Secret Searches. What a racket they have going on here in Carolina. Any of you have your stuff go missing lately? It's all good now, since they are nearly at the business end of their own legal process, but in an untidy way.

 

Fortunately I read ahead in this particular case. I rarely do.

It's really impossible to predict the future. Sure, some things are highly predictable. A glass rolling toward the table edge is going to fall off and a helium baloon lost by a child's hand will soar upward.

In all probability the coin market will survive and will act like collectibles markets always do; things will fluctuate. Bust dimes might fall out of favor for decades to be replaced by a mania
for large cents. Clad dimes might never get a wide following but kennedy halfs will. All these details will only become known as ime passes.

But I still believe there are no modern rarities whose prices will be unaffected by increasing demand. This doesn't mean a cull VG 1965 quarter will sell for 50c or a dollar and maybe even a decent unc won't get a lot of attention. But a silver 1965 quarter, a '65 quarter with the '64 reverse, a proof, a frosted gem SMS, a gem, or one whose mint is known are quite likely to develop very significan premiums. There are a great number of scarce and rare clads and these will all be affected by higher demand in the long run.

Obviously collecting is about collecting and having fun and not about investment but I believe and have believed for many years that clads are a great place to have a lot of fun. Moderns have been doing extremely well and this just adds to the fun.

To each his own.

 

I have purchased clad coins from this seller and I have never been disappointed
http://www.ebay.com/sch/tazmicenterprises/m.html?_trksid=p4340.l2562
I am not related to them in any way except as a customer

 

(Rolls eyes and grins), Now, Cladking, if you are going to make futuristic predictions, at least make reasonable ones. We both know those clad dimes are going to be the next biggest collectible coin since Morgan Dollars.

 

Frankly I'd predict the clad dimes will have their day in a much bigger way than Kennedys. The half dollars were never widely used and peopletend to look for coins they actually used. Clad dimes is the second longest series in US history. These have been issued unchanged for 46 years now and they have a shot at becoming the longest running series. All the rarest US dimes are in this series (or at least the three or four rarest). It really has just about everything and is the only modern series that can be assembled in gem for little money ($500 or less).

Being little coins they may never be very popular with a large percentage of collectors but it just wouldn't take that many people to make these jump. Maybe in a couple decades when most collectors have younger eyes it will happen.

I've never paid the dimes as much attention as the other moderns because they are more common than the other clad and gems are much more common. They are small coins. But one thing I didn't anticipate is how much higher the attrition is on these. Already nearly two thirds of the early dates are gone. The mintages are so large that most dimes have mint marks despite the first three years production of 5 billion coins without mint marks. Finding the early date dimes in nice condition isn't so tough if you can just find the early dates at all. The spread in condition is wider than quarters but dimes are universally at least lightly worn.

These coins have been taken for granted too and where gems may be easier than quarters the attrition is much higher and this has whittled down the difference.

I can't imagine the penny is long for this world. When it is discontinued it might become the first moderns under scrutiny and collecting pressure. Truth to tell I expect an improving economy over the next few years will trigger some nostalgia in any case. 1965 was a very long time ago. Most Americans never even saw any silver in pocket change.

 

I remember silver dimes, or more accurately, I remember Winged Liberty dimes. I would always bug my uncle and grandfather for change before they left our house after a visit. Change to put in the piggy bank. Just about the time I was certain a dime was supposed to look one way, I'd get one of the other coins and be confused. I was like 5 years old at the time, would have been 1965 or 1966. There were still silver dimes in circulation, just not many. Kind of like its getting to be with bronze cents. In a few years finding a bronze cent in circulation will be considered real novel, provided cents themselves are even still circulating.

 

In addition to silver and copper coins, I collect a lot of clad coinage. I really like the Kennedy's in high grades but save the other denominations too. As many have stated, I like to find coins in circulation and continually upgrade my collection. I've always thought that the 96-W dime might have value someday but that doesn't seem to be happening. Oh well, I have a few of them tucked away to give to the next generation. After reading these posts, I'm wondering if fred13 is related to bnb.

 

What he said.

I subscribe to what Yogi Berra had to say about prognostication. "It's very difficult to make predictions.......especially about the future,"

 

Does that mean he doesn't have any frivols?

 

LOL...I thought it was bnb under a different name, too! (but I wasn't gonna go there).

He makes some good points. He may have thought we were saying that clad coins were somehow superior to classic (pre-1965) silvers or coppers...or someone with a finite budget should choose clads over the classic coins. I don't think that was the point at all. I heard people agreeing with the OP (TC) that now may be a good time to start thinking of adding a few clads to your collection...if you are so inclined. Clads are generally disliked and salting away some nice examples (at dirt cheap prices) will likely pay nice dividends (percentage-wise) down the road (jmho)...pleasantly shared I hope.

 

The purchaser of this 1984 Washington did: http://www.teletrade.com/coins/lot.asp?auction=2433&lot=1494

The purchaser of this 1987 Washington did: http://www.teletrade.com/coins/lot.asp?auction=2433&lot=1495

The purchaser of this 1980D Washington did: http://www.teletrade.com/coins/lot.asp?auction=2425&lot=1378

The purchaser of this 1972 Washington did: http://www.teletrade.com/coins/lot.asp?auction=2870&lot=1754

The purchaser of this 1973 Washington did: http://www.teletrade.com/coins/lot.asp?auction=2878&lot=1874

The purchaser of this 1988D Washington did: http://www.teletrade.com/coins/lot.asp?auction=2878&lot=1894

The purchaser of this 1978D Kennedy did: http://www.teletrade.com/coins/lot.asp?auction=2355&lot=1740

The purchaser of this 1974 Kennedy certainly did: http://www.teletrade.com/coins/lot.asp?auction=2536&lot=1676

The purchaser of this 1984D Kennedy certainly did: http://www.teletrade.com/coins/lot.asp?auction=2536&lot=1734

The purchaser of this 1974 IKE certainly did: http://www.teletrade.com/coins/lot.asp?auction=2198&lot=1825

The purchaser of this 1971 IKE did: http://www.teletrade.com/coins/lot.asp?auction=2643&lot=1991

The Purchaser of this 1974 IKE did: http://www.teletrade.com/coins/lot.asp?auction=2714&lot=2587

The purchaser of this 1971D IKE certainly did: http://www.teletrade.com/coins/lot.asp?auction=2720&lot=2611

Do I have powers that you don't? Only if you consider logic and reasoning a power.

 

Have people purchased clads?
Are people purchasing clads?
Yes
Are their more smart investors in the world or bad ones?
How many clad lots have sold on teletrade compared to unsold ones?
Having a hard time with these questions?
Let me help you out just as their are less intellects then idiots in this world their are less people that have logic compared to those who don't. Pride yourself in being part of the majority.
It's clear you don't have phsycic powers but you may have suffered mental injury which leads you to that conclusion as your avatar suggests.

 

My my!

I think I've shown folks that your original statement: "no cheap stuff will always remain to be cheap" is simply not true and given the increased price of silver, NOW is indeed the time "To focus on Clad Coinage."

 

This is a hobby site... which includes all aspects of said hobby... Silver, clad, gold, bronze, etc...
It seems you feel superior, by your comments, to those of us that choose to be well rounded in our collecting endeavors.
Even if you don't like a given area of the hobby, maybe you could keep the insults to a minimum?
Thank you.

 

Lets stop the insults altogether ! I don't care if you disrespect clads or love them, that is fine to express, but NOT posts directed towards individuals. You can argue, but stop with the personal shots~~ And you suspect or know who you are in that scenario, or there may be fewer posting for sometime. Thank you for your cooperation.

 

This is the last warning...as their has already been one. The next person to make an insulting post will get an infraction on their account and have this thread locked.

Now, lets get back on topic or drop the whole thing.

 

I had no idea clad coins were so controversial.

 

My interest in clad coins for now consists of high grade non-satin dimes 2005-2010. Having searched a few rolls I know that these are not super common and like it or not they are an important part of America's numismatic legacy.