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Message:: [QUOTE="medoraman, post: 1469948, member: 26302"]Also, just as a general rule, be very careful of what "experienced" collectors tell you. I have been around long enough to see the tremendous overpricing of key dates that coincided with people trying to "invest" in coins. When I started keys were pretty much priced in relation to scarcity. Nowadays, I see whole collections of only "key" dates because "they are the best". An 1877 us not a better coin than a 1878, 1895, or a 1907, its only scarcer and "needed" if you wish to complete a set. I see keys extremely overpriced nowadays, and that is a severe risk. What if collectors stop collecting complete sets? I predict an 1877 would be worth as little as one-fifth todays price if set collecting curtailed. ALWAYS remember if you are "investing" in coins, the ONLY value a coin has above melt or face value is based upon coin collector demand. They are not inherently valuable like precious metal is, its value is solely based upon the fickleness and whims of people doing this as a hobby. As such, as hobby cycles go, so go any valuations accordingly. Classic commemoratives were hot in the 80's, rolls were hot in the 60's etc.[/QUOTE]