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<p>[QUOTE="NPCoin, post: 537858, member: 5629"]I'll just say this. Some of us are collectors and hobbyists here. Some are investors and speculators. Others are dealers. To almost everyone, paying a large premium for a full roll of anything seems ludicrous.</p><p><br /></p><p>However, because most of you are not in the niche, the fact that there are true roll collectors out there seems to be missed. A roll collector <b>will</b> pay a premium (even an absurdly large premium) for a roll that may very well be elusive for some time.</p><p><br /></p><p>Many banks are outright refusing to order bags of the new cents (and they ARE available) even when hundreds or thousands of customers are inquiring about it. Glacier Bancorp (one of the larger holding companies here in the west) refuses to allow their banks to order these cents.</p><p><br /></p><p>It will take quite a bit of searching to find even one new 2009 cent at the moment, let alone a whole roll.</p><p><br /></p><p>It may be hard to understand why someone would go crazy over "modern c**p", but it's a definite niche. Collectors have their own reasons for what they do. When somebody spends multi-thousand$$$ into a barely recognizable dirty old coin, it is beyond most people. Yet, some are in that kind of niche.</p><p><br /></p><p>If I were a roll collector, I would probably pay quite a premium to be able to be one of the first to have a new 2009 cent roll. As a hoarder, I wouldn't pay more than face. As a variety hunter, I would pay a short premium in hopes of finding varieties, errors, and being able to record die pairs at an early state.</p><p><br /></p><p>Yes, there may be billions upon billions of these minted, but how long will it take for any significant number of these to begin to mix into circulated rolls (let alone collector's hands) other than mint sets when they are finally released (at a premium may I add).</p><p><br /></p><p>It is even years later now that we are still only beginning to find more varieties and errors from 2006 cents.</p><p><br /></p><p>There's a lot more to numismatics than just collecting more old coins than we do old dust. And future value really has no bearing on collecting in and of itself. There is quite a plethora of information to gather and collect from coinage, and at certain times and situations, and to certain people, premiums (even for "modern c**p") is quite worth it.[/QUOTE]</p><p><br /></p>
[QUOTE="NPCoin, post: 537858, member: 5629"]I'll just say this. Some of us are collectors and hobbyists here. Some are investors and speculators. Others are dealers. To almost everyone, paying a large premium for a full roll of anything seems ludicrous. However, because most of you are not in the niche, the fact that there are true roll collectors out there seems to be missed. A roll collector [B]will[/B] pay a premium (even an absurdly large premium) for a roll that may very well be elusive for some time. Many banks are outright refusing to order bags of the new cents (and they ARE available) even when hundreds or thousands of customers are inquiring about it. Glacier Bancorp (one of the larger holding companies here in the west) refuses to allow their banks to order these cents. It will take quite a bit of searching to find even one new 2009 cent at the moment, let alone a whole roll. It may be hard to understand why someone would go crazy over "modern c**p", but it's a definite niche. Collectors have their own reasons for what they do. When somebody spends multi-thousand$$$ into a barely recognizable dirty old coin, it is beyond most people. Yet, some are in that kind of niche. If I were a roll collector, I would probably pay quite a premium to be able to be one of the first to have a new 2009 cent roll. As a hoarder, I wouldn't pay more than face. As a variety hunter, I would pay a short premium in hopes of finding varieties, errors, and being able to record die pairs at an early state. Yes, there may be billions upon billions of these minted, but how long will it take for any significant number of these to begin to mix into circulated rolls (let alone collector's hands) other than mint sets when they are finally released (at a premium may I add). It is even years later now that we are still only beginning to find more varieties and errors from 2006 cents. There's a lot more to numismatics than just collecting more old coins than we do old dust. And future value really has no bearing on collecting in and of itself. There is quite a plethora of information to gather and collect from coinage, and at certain times and situations, and to certain people, premiums (even for "modern c**p") is quite worth it.[/QUOTE]
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