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<p>[QUOTE="jester3681, post: 2425225, member: 53130"]To piggy back on my story and to chime in to the discussion here, my feeling with respect to moderns is this: There are significant amounts of them minted, and significant amounts of them unaccounted for. Because of this, what may be recognized today as a wise purchase of a rare piece, may not be the same tomorrow, just because the market itself is not mature enough. </p><p><br /></p><p>I see modern coins as late model cars. Yes, it may be collectible now, but it is still trading as a commodity in the market. Given time, the true rarities and value will become present. </p><p><br /></p><p>On the other hand, I feel that classic coinage has done a good job of settling out. Not that new hoards or varieties aren't found every day, but as an example, it is quite unlikely that enough mint-state 1793 Chain cents will be discovered hidden away as to destroy the present value of the type.[/QUOTE]</p><p><br /></p>
[QUOTE="jester3681, post: 2425225, member: 53130"]To piggy back on my story and to chime in to the discussion here, my feeling with respect to moderns is this: There are significant amounts of them minted, and significant amounts of them unaccounted for. Because of this, what may be recognized today as a wise purchase of a rare piece, may not be the same tomorrow, just because the market itself is not mature enough. I see modern coins as late model cars. Yes, it may be collectible now, but it is still trading as a commodity in the market. Given time, the true rarities and value will become present. On the other hand, I feel that classic coinage has done a good job of settling out. Not that new hoards or varieties aren't found every day, but as an example, it is quite unlikely that enough mint-state 1793 Chain cents will be discovered hidden away as to destroy the present value of the type.[/QUOTE]
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