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10 best coins to buy now for possible appreciation in next 10 years
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<p>[QUOTE="KSorbo, post: 2432414, member: 56370"]The 1796 quarter is a not only a one year type, but the first issue of that denomination, with a total surviving population estimated in the 600 range. I don't see how that is overpriced, especially when compared with high priced Morgan's or more recent key dates. It is my understanding that federal coinage during that period was uncommon, and the 2 real pieces you mentioned were most commonly seen in circulation. I'm sure some dates are rare but so is my R5 Connecticut colonial that I paid 100 bucks for. It has less than 100 pieces in existence but perhaps there are even fewer collectors who are striving to own all the varieties.</p><p><br /></p><p>As for worldwide demand among new middle classes, you are probably correct in regards to many developing countries. The one major exception, with which i have a lot of personal experience, is Russia. The country is filled with educated people who previously did not have the means to collect rare coins, whereas now many of them do.[/QUOTE]</p><p><br /></p>
[QUOTE="KSorbo, post: 2432414, member: 56370"]The 1796 quarter is a not only a one year type, but the first issue of that denomination, with a total surviving population estimated in the 600 range. I don't see how that is overpriced, especially when compared with high priced Morgan's or more recent key dates. It is my understanding that federal coinage during that period was uncommon, and the 2 real pieces you mentioned were most commonly seen in circulation. I'm sure some dates are rare but so is my R5 Connecticut colonial that I paid 100 bucks for. It has less than 100 pieces in existence but perhaps there are even fewer collectors who are striving to own all the varieties. As for worldwide demand among new middle classes, you are probably correct in regards to many developing countries. The one major exception, with which i have a lot of personal experience, is Russia. The country is filled with educated people who previously did not have the means to collect rare coins, whereas now many of them do.[/QUOTE]
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