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<p>[QUOTE="cladking, post: 2496470, member: 68"]I don't really disagree with your post but it can leave some with the wrong impression. If you wanted to put together 10,000 1878-S or 1904-O Morgans all it would take is a few phone calls and you could find them at a 20 or 30% premium to bid. If you wanted 10,000 1973 or 1976 tI Ikes It would stand these markets on their ears and bid price would at least quadruple before you filled your order which might take months. Some Ikes can be found in this kind of quantity but not most. </p><p> </p><p>This same things cuts across all the moderns; people aren't investing, marketing, or setting coins aside. If a market sprang into existence today, it would take months for the pipeline to supply this market to fill. This "pipeline" would absorb all the available supply of many coins. Acquiring quantities of coins like nice attractive '82-P nickels is only possible because only a handful of people are doing it. </p><p> </p><p>Buit the real difference here that people just don't know is that some coins including most classics were made to a very high standard. Most 1878-S Morgans look pretty good so it doesn't matter as much if you get a nice one or a not as nice one. 1976 tI Ikes were made to no standards. Even though they were minted in only tiny quantities almost the entire mintage was ugly and now most are lightly circulated. Most of the surviving Uncs are ugly as well. Only about 8% of the mint set mintage are nice ch BU or better! Now days many of these are tarnished if they haven't been removed from the packaging. If youwanted to acquire even a few hundred of this date in nice attractive MS-64 it would stand the market on its ear. </p><p> </p><p>These "markets" are just this thin. There are thousands of collectors poking through what left of the coins made in the last fifty years that have managed to survive. There aren't enough coins left to make a mass market like there is with all the older coins unless collectors are satisfied with circs and some very ugly uncs.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 2496470, member: 68"]I don't really disagree with your post but it can leave some with the wrong impression. If you wanted to put together 10,000 1878-S or 1904-O Morgans all it would take is a few phone calls and you could find them at a 20 or 30% premium to bid. If you wanted 10,000 1973 or 1976 tI Ikes It would stand these markets on their ears and bid price would at least quadruple before you filled your order which might take months. Some Ikes can be found in this kind of quantity but not most. This same things cuts across all the moderns; people aren't investing, marketing, or setting coins aside. If a market sprang into existence today, it would take months for the pipeline to supply this market to fill. This "pipeline" would absorb all the available supply of many coins. Acquiring quantities of coins like nice attractive '82-P nickels is only possible because only a handful of people are doing it. Buit the real difference here that people just don't know is that some coins including most classics were made to a very high standard. Most 1878-S Morgans look pretty good so it doesn't matter as much if you get a nice one or a not as nice one. 1976 tI Ikes were made to no standards. Even though they were minted in only tiny quantities almost the entire mintage was ugly and now most are lightly circulated. Most of the surviving Uncs are ugly as well. Only about 8% of the mint set mintage are nice ch BU or better! Now days many of these are tarnished if they haven't been removed from the packaging. If youwanted to acquire even a few hundred of this date in nice attractive MS-64 it would stand the market on its ear. These "markets" are just this thin. There are thousands of collectors poking through what left of the coins made in the last fifty years that have managed to survive. There aren't enough coins left to make a mass market like there is with all the older coins unless collectors are satisfied with circs and some very ugly uncs.[/QUOTE]
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