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<p>[QUOTE=&quot;cladking, post: 2001768, member: 68&quot;]I knew dozens of kids who sold their childhood collections in the &#039;60&#039;s and most got back 30 to 70% of their total investment.&nbsp; I was lucky and got back 105% but this was due primarily to a single coin; 1913-D type II Buff in VF.&nbsp; Most of my coins bought mail order in the late-50&#039;s/ early &#039;60&#039;s were overgraded and big money losers.&nbsp; My &quot;VG&quot; &#039;21-S was sold as AG and was probably a G-.&nbsp; I just happened to get the &#039;13-D cheap and it went up.</p><p>&nbsp;</p><p>I don&#039;t think coins are in a bubble now but I do think there will be pricing pressure on some popular coins.&nbsp; New collectors are going to collect whatever they will and their tastes aren&#039;t predictable.&nbsp; Coins that have substantial demand in popular series will be coming on the market and if that series loses popularity then prices could drop.&nbsp; This isn&#039;t to say any coins are overpriced merely that there is a new type of risk; demographic risk.&nbsp; Some common coins have high prices because they are very popular and these could be at risk. </p><p>&nbsp;</p><p>I would avoid buying coins at any extreme right now other than rarity. Very high grade coins are risky to the degree new collectors might not want them to the degree they are wanted now and popular series are at the same risk.&nbsp; Of course collectors will always desire rarity so a Morgan VAM that&#039;s extremely rare or a clad quarter that&#039;s actually rare in high grade are still relatively &quot;safe&quot;.&nbsp; The ones to avoid except for collecting are things like a chGem &#039;80-S dollar or a cameo PR-67 1968 no-S dime. </p><p>&nbsp;</p><p>If you stick with coin collecting rather than investment you don&#039;t really need toworry too much about the changes ahead.&nbsp; If you&#039;re going to want to sell popular coins in a few years or &quot;mid level&quot; coins you might consider moving it up.&nbsp; If you have extremely valuable coins then these are safe as long as the country is run by big business.&nbsp; If you are investing in coins the next few years might be an object lesson in why it&#039;s unwise to put your money into any collectible.[/QUOTE]</p><p><br /></p>

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