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Message:: [QUOTE="desertgem, post: 1532787, member: 15199"]Collecting situations may not last as long as you think. Yes, another old timer with a tale of experience. The high graded coins today ( with Tom's superb coinage excepted) may not have the best future as far as "investment" is concerned. I suspect quite a few have gone through the rare morgans years, as well as the "Classic Commemorative" years of investment. The commemoratives such as the '35  and '36 San Diego being close to $500 or more in MS-65 in the '80s, and now they are about $200 on the average. Those with rarity such as the hawaiian have held up well, but not as much appreciation as expected. In short, you probably can't expect investment results from coins unless you really have deep knowledge of their history and popularity rather than just grabbing modern 65-70 coins and expect appreciation. Prices go down as well as up over decades. Eventually coins/ paper money can hit a financial cliff like other historic collectibles over time. Philately ( stamps) being a very recent and visible example. Many new collectors are being caught up in a frenzy fueled by the TPGs and the distributors of modern coins ( not to mention eBay stupidity). It is a big smart dog eats little less smart dog world <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> Jim[/QUOTE]