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<p>[QUOTE="clembo, post: 347230, member: 8033"]The guy has some good points but can't say I agree with all. If he's been collecting for 70 years he may be a bit "jaded".</p><p><br /></p><p>There are dates in the series' he mentioned that are already moving beyond "junk silver" levels. Many Lincoln Cents and Jefferson nickels will follow due to low mintages.</p><p><br /></p><p>He is very right on one point though. Most "hoards" are basically worthless. BiCentennial quarters are a great example. Geez how many people hoarded those quarters that are worth a quarter?</p><p><br /></p><p>A good lesson from this is that if you intend to "hoard" do a lot of research. Say maybe 20 years of active collecting and even then it's a risk.</p><p><br /></p><p>I have a few small "hoards". These are coins I feel have a lot of room to move. I did NOT pull them from the millions and billions of modern minted coins. I paid a premium. One "hoard" has done very well while I'm waiting for another to break.</p><p><br /></p><p><br /></p><p>If one wants to invest in coins then one should be ready to go long term.[/QUOTE]</p><p><br /></p>
[QUOTE="clembo, post: 347230, member: 8033"]The guy has some good points but can't say I agree with all. If he's been collecting for 70 years he may be a bit "jaded". There are dates in the series' he mentioned that are already moving beyond "junk silver" levels. Many Lincoln Cents and Jefferson nickels will follow due to low mintages. He is very right on one point though. Most "hoards" are basically worthless. BiCentennial quarters are a great example. Geez how many people hoarded those quarters that are worth a quarter? A good lesson from this is that if you intend to "hoard" do a lot of research. Say maybe 20 years of active collecting and even then it's a risk. I have a few small "hoards". These are coins I feel have a lot of room to move. I did NOT pull them from the millions and billions of modern minted coins. I paid a premium. One "hoard" has done very well while I'm waiting for another to break. If one wants to invest in coins then one should be ready to go long term.[/QUOTE]
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