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<p>[QUOTE=&quot;Lehigh96, post: 3272407, member: 15309&quot;]Whenever someone pays outrageous money for a Kennedy Half, Jefferson Nickel, Roosevelt Dime etc., all we hear is how crazy it is for someone to pay thousands of dollars on a modern coin.&nbsp; Although both you and [USER=96749]@EyeAppealingCoins[/USER] claim to have the same disdain for conditional rarities across the board, I have never seen anyone treat an MS68 Morgan Dollar the way this Kennedy is being treated en masse.&nbsp; </p><p><br /></p><p>I have owned two MS68 Morgan Dollars in my lifetime, at no time did I think I was burning money.&nbsp; I lost a small % of my purchase price on both when I sold.&nbsp; The risk of buying the singular top pops like the Kennedy in this thread is obviously higher, but the concept of what makes either the 68 or 69 UCAM is the same.&nbsp; They are both conditional rarities.</p><p><br /></p><p><br /></p><p><br /></p><p>&nbsp;</p><p>I think you misunderstood my point on this one.&nbsp; I was speaking about graded material.&nbsp; Obviously there are millions of collectors who enjoy collecting circulated 20th Century coins and filling holes in their albums, I am one of them.&nbsp; But when it comes to certified coins, the value of the coin must reach the point that it can absorb the grading fee.&nbsp; As a Jefferson collector, this means that virtually every coin in the series needs to be gem grade or better to get certified, which represent the conditional rarity grades.[/QUOTE]</p><p><br /></p>

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