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<p>[QUOTE="stevereecy, post: 839008, member: 19884"]Well, if there are newbs reading this thread, here's my advice. Buy what you seldom see. And if you NEVER see it, beg, borrow, or steal the money to get it. There are coins that haunt my nightmares because I'm so busy kicking my own butt for not purchasing them when I had the chance. </p><p> </p><p>Regarding the new collectors that fiddle with the modern stuff...well...it could be a sea change. Like hotrodding used to mean one thing...get a big chevy engine and slip it in a light car and paint it pretty. But now, arguably, more money is being spent on high performance parts for Japanese cars. The younger set came in and redefined what is desireable. They (the younger set), will move into the older stuff, but they'll keep their mentality too. Expounding on that, I've seen that there has always been an ever-growing disparity between what is top-notch, and what is nice across the generations. That trend should continue. For example, at one time, coins were either Unc or Fine, but then Unc was redefined to mean no traces of wear at all, and then more degrees of separation were added "choice", "Gem", "Gem Superb". And now even that isn't fine enough and each individual MS number (Sheldon number?) means so much. But one thing has been consistent is that if you were as fussy as possible from the very beginning you won. I think we'll see that shopping among the best slabbed MS-67s because there are no MS-68's (Lots of Jefferson Nickels like that)....will eventually generate a little extra return at some point in the future....maybe when we go to a 1000 point scale or something. Who knows how the younger set will affect things? I don't, but as a student of history, maybe I can benefit from it by buying rare when I can, and ridiculously high grade when I can't.</p><p> </p><p>Steve[/QUOTE]</p><p><br /></p>
[QUOTE="stevereecy, post: 839008, member: 19884"]Well, if there are newbs reading this thread, here's my advice. Buy what you seldom see. And if you NEVER see it, beg, borrow, or steal the money to get it. There are coins that haunt my nightmares because I'm so busy kicking my own butt for not purchasing them when I had the chance. Regarding the new collectors that fiddle with the modern stuff...well...it could be a sea change. Like hotrodding used to mean one thing...get a big chevy engine and slip it in a light car and paint it pretty. But now, arguably, more money is being spent on high performance parts for Japanese cars. The younger set came in and redefined what is desireable. They (the younger set), will move into the older stuff, but they'll keep their mentality too. Expounding on that, I've seen that there has always been an ever-growing disparity between what is top-notch, and what is nice across the generations. That trend should continue. For example, at one time, coins were either Unc or Fine, but then Unc was redefined to mean no traces of wear at all, and then more degrees of separation were added "choice", "Gem", "Gem Superb". And now even that isn't fine enough and each individual MS number (Sheldon number?) means so much. But one thing has been consistent is that if you were as fussy as possible from the very beginning you won. I think we'll see that shopping among the best slabbed MS-67s because there are no MS-68's (Lots of Jefferson Nickels like that)....will eventually generate a little extra return at some point in the future....maybe when we go to a 1000 point scale or something. Who knows how the younger set will affect things? I don't, but as a student of history, maybe I can benefit from it by buying rare when I can, and ridiculously high grade when I can't. Steve[/QUOTE]
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