Reply to Thread

Message:: [QUOTE="World Colonial, post: 2437981, member: 78153"]People care creatures of habit.  In another topic, someone brought up the 1950-D Jefferson nickel which is practically as common as dirt but it still sells for (large) multiple over other much scarcer (but still common) dates in the series.  Of the 2,150,000 minted, there could easily be 1MM "BU" remaining because the coin was hoarded almost from day one and hardly circulated. Most people are also really lazy.  When I resumed collecting in 1998, I evaluated what I could afford on my prospective budget which I projected at $250 per month - maximum.  I quickly came to the conclusion that I would never be able to put together what I considered a distinctive collection. So instead, I looked at the 18th, 19th and 20th century Krause manuals to see what was available.  I have since adjusted what I collect but only slightly and by looking at the TPG population reports, live auctions, dealer websites and eBay have a pretty decent idea (generally) what things cost and how scarce coins generally are. I believe that the primary change will happen with those who do not collect these sets and didn't collect these "keys" out of pocket change.  It won't likely be a large percentage for a long time but since prices are set at the margin, absent an across the board bull market (which I absolutely do not see any time soon) will be enough to reduce demand, certainly in lower grades.[/QUOTE]