Message:

<p>[QUOTE=&quot;cladking, post: 444514, member: 68&quot;]Some of your premises are flawed.&nbsp; </p><p><br /></p><p>First of all saving coins in new condition went out of style in the </p><p>mid-&#039;60&#039;s.&nbsp; The reason for the low prices isn&#039;t that the coins are </p><p>common it&#039;s because collectors are scarce.&nbsp; If you don&#039;t believe </p><p>it just try to find a roll of 1969 quarters.&nbsp; Even though there are</p><p>no collectors eating these up they still aren&#039;t available because vir-</p><p>tually none whatsoever were saved.&nbsp; </p><p><br /></p><p>Even though vast quantities of the states coins are being set aside</p><p>far more are being hoarded from circulation in circulated condition </p><p>than are being saved in original rolls.&nbsp; Many of these circulated coins</p><p>are still being spent and then rehoarded.&nbsp; They don&#039;t truly circulate</p><p>but over time most will become more worn.&nbsp; </p><p><br /></p><p>Collecting coins is never really bad for the hobby.&nbsp; It certainly can be </p><p>bad for investors when they overpay for coins such as was going on </p><p>in the mid-&#039;60&#039;s when extremely common coins were percieved as po-</p><p>tentially valuable in the near future or in the late-&#039;80&#039;s when investors</p><p>were buying common gem Morgan dollars for $750 because there was</p><p>no where to go but higher.&nbsp; </p><p><br /></p><p>So long as the coins are cheap people aren&#039;t going to be able to hurt </p><p>themselves with them.&nbsp; So long as they are scarce there is always the</p><p>potential that hey go higher.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in