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<p>[QUOTE="cladking, post: 1359567, member: 68"]You're right, of course, but my perspective is a little different.</p><p><br /></p><p>My focus has mostly been on setting aside nice high quality examples of BU clads for future collectors. Obviously I was all wrong about these markets since I thought the very latest they could explode higher was 1986 and this is why I began promoting them at that time. In a nutshell I was wrong. </p><p><br /></p><p>But from another perspective I was partially right since the market is already far larger than the supply of the top quality coins. I never imagined that superb gems would grow so far with gems going nowhere. But this is just indication of how tiny these markets are. There are very few top grade examples and very few who want them but the very few near top grades go begging because there's no demand. </p><p><br /></p><p>Each year there is evidence of increasing demand. There are now thousands of clad quarter collectors and if they all went out and tried to finish their collections tomorrow we'd already have exploding prices. But prices are low and collectors can find choice examples if they are patient for very little cash so they wait and collect. I've seen these markets grow from the point I could name the collectors to now when some of the price moves are inexplicable. They are growing and it's merely a matter of time until the dwindling supply of mint sets bumps up against the growing demand. At the same time the supply of sets dwindles there is a slow process of people selecting out the choice examples making it more difficult to find the nice coins. Collectors will need more sets as their numbers decrease. There's also a steady degradation of the sets as issue after issue corrodes. </p><p><br /></p><p>People simply don't realize that there are fewer uncirculated examples of most of the clad coins than there are 1950-D nickels. Unlike the '50-D nickels the majority of the uncirculated clads are unattractive examples and will be avoided by collectors in the future. </p><p><br /></p><p>Of course it's astounding to me that this situation has persisted as long as it has. While it might never change odds are that it will come to an end. People are naturally nostalgic and coin collectors naturally collect coins. These are US coins and I will continue to believe that there day will come and that it's been long overdue.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 1359567, member: 68"]You're right, of course, but my perspective is a little different. My focus has mostly been on setting aside nice high quality examples of BU clads for future collectors. Obviously I was all wrong about these markets since I thought the very latest they could explode higher was 1986 and this is why I began promoting them at that time. In a nutshell I was wrong. But from another perspective I was partially right since the market is already far larger than the supply of the top quality coins. I never imagined that superb gems would grow so far with gems going nowhere. But this is just indication of how tiny these markets are. There are very few top grade examples and very few who want them but the very few near top grades go begging because there's no demand. Each year there is evidence of increasing demand. There are now thousands of clad quarter collectors and if they all went out and tried to finish their collections tomorrow we'd already have exploding prices. But prices are low and collectors can find choice examples if they are patient for very little cash so they wait and collect. I've seen these markets grow from the point I could name the collectors to now when some of the price moves are inexplicable. They are growing and it's merely a matter of time until the dwindling supply of mint sets bumps up against the growing demand. At the same time the supply of sets dwindles there is a slow process of people selecting out the choice examples making it more difficult to find the nice coins. Collectors will need more sets as their numbers decrease. There's also a steady degradation of the sets as issue after issue corrodes. People simply don't realize that there are fewer uncirculated examples of most of the clad coins than there are 1950-D nickels. Unlike the '50-D nickels the majority of the uncirculated clads are unattractive examples and will be avoided by collectors in the future. Of course it's astounding to me that this situation has persisted as long as it has. While it might never change odds are that it will come to an end. People are naturally nostalgic and coin collectors naturally collect coins. These are US coins and I will continue to believe that there day will come and that it's been long overdue.[/QUOTE]
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