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<p>[QUOTE="cladking, post: 571985, member: 68"]I hate to see anyone buy any modern coin for "investment". I know this isn't really what you're talking about but when this consideration is a big part of the reason most people are buying something collectible then the market is speculative. All speculative collectibles markets eventually collapse. I have too much of a vested interest in the modern markets to want to see any speculation and this will probably never change. </p><p><br /></p><p>Any collectible makes a really bad speculation but I don't care about the markets for old coins. I like old coins and don't want to see people get hurt if something collapses but I just don't care about the market for them. ...at all. </p><p><br /></p><p>Be this as it may, the point is that the biggest gaining coins for the last twenty years are all moderns. I believe this will become more prevalent in the future, not less. You can buy the highly sought after 19th century "rarities" or you can scarcer moderns for a fraction of the price. As more people become nostalgic for the coins they used when they were young this is more and more going to mean clad coins which have been in use for more than two generations now. </p><p><br /></p><p>There's still a stigma with collecting clad coinage but every year there are more young collectors who don't see this stigma.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 571985, member: 68"]I hate to see anyone buy any modern coin for "investment". I know this isn't really what you're talking about but when this consideration is a big part of the reason most people are buying something collectible then the market is speculative. All speculative collectibles markets eventually collapse. I have too much of a vested interest in the modern markets to want to see any speculation and this will probably never change. Any collectible makes a really bad speculation but I don't care about the markets for old coins. I like old coins and don't want to see people get hurt if something collapses but I just don't care about the market for them. ...at all. Be this as it may, the point is that the biggest gaining coins for the last twenty years are all moderns. I believe this will become more prevalent in the future, not less. You can buy the highly sought after 19th century "rarities" or you can scarcer moderns for a fraction of the price. As more people become nostalgic for the coins they used when they were young this is more and more going to mean clad coins which have been in use for more than two generations now. There's still a stigma with collecting clad coinage but every year there are more young collectors who don't see this stigma.[/QUOTE]
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