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1982 MS Jefferson worth 3.00? Why?
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<p>[QUOTE="mikenoodle, post: 615474, member: 307"]exactly right. In the long term the true value of things tends to find itself eventually and the knowledgeable collectors won't collect junk regardless of how much hype and hysteria. If something truly is junk then the bubble will eventually burst and someone (not the knowledgeable collector, mind you) will be left holding the bag.</p><p><br /></p><p>Another long term affect is when something is hoarded because it is perceived to be scarce. Example: 1950-D Jefferson Nickel. Known at the time of release to be low mintage, so it was hoarded. The hype and hysteria of the day had collectors paying more than $10 for a nice uncirculated specimen. The fact is that almost 60 years later it is quite rare to find a <b>circulated</b> 1950-D and you can buy one for <b>under</b> $10!!!!</p><p><br /></p><p>Can anyone say 2009 dimes and nickels???[/QUOTE]</p><p><br /></p>
[QUOTE="mikenoodle, post: 615474, member: 307"]exactly right. In the long term the true value of things tends to find itself eventually and the knowledgeable collectors won't collect junk regardless of how much hype and hysteria. If something truly is junk then the bubble will eventually burst and someone (not the knowledgeable collector, mind you) will be left holding the bag. Another long term affect is when something is hoarded because it is perceived to be scarce. Example: 1950-D Jefferson Nickel. Known at the time of release to be low mintage, so it was hoarded. The hype and hysteria of the day had collectors paying more than $10 for a nice uncirculated specimen. The fact is that almost 60 years later it is quite rare to find a [b]circulated[/b] 1950-D and you can buy one for [b]under[/b] $10!!!! Can anyone say 2009 dimes and nickels???[/QUOTE]
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1982 MS Jefferson worth 3.00? Why?
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