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<p>[QUOTE=&quot;cladking, post: 8149241, member: 68&quot;]After WWII one country after another switched to base metal coinage.&nbsp; Some switched in 1946 and some not until 1968 but they all changed.&nbsp;&nbsp; The exact same thing happened in every case; collectors stopped collecting new coins from that country.&nbsp; </p><p><br /></p><p>This is the &quot;modern era&quot; as it applies to coins.&nbsp; Each country began in a different year so moderns are marked by higher mintages, lower quality, and very few coins set aside for the future.&nbsp; Collecting these coins today is much different than collecting older coins because there is still little competition and no price guides.&nbsp; Coins that list for $2 in Unc routinely sell for 30 and high grade slabbed examples for hundreds.&nbsp; Meanwhile many $2 moderns are so common you can&#039;t give them away. Nobody really knows what anything is worth and I suspect a lot of the high prices are being caused by speculation rather than rarity.&nbsp; But I&#039;m quite confident there are hundreds of coins that still trade for $2 that are quite scarce.&nbsp;&nbsp; </p><p><br /></p><p>More and more people are collecting moderns and they&#039;ll be able to straighten this out in time but until then ignore the price guides and ignore Krause.&nbsp; You can also ignore the Greysheet, Redbook, and other price guides for US moderns.&nbsp; </p><p><br /></p><p>Everyone knows what a &#039;16-D merc is worth in any grade but what is a nice 1972 Japanese 100Y worth in chBU?&nbsp; You can find the &#039;16-D.&nbsp; Trying laying your hands on the &#039;72.[/QUOTE]</p><p><br /></p>

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