Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
How far can these coins go up?
>
Reply to Thread
Message:
<p>[QUOTE="ranchhand, post: 160982, member: 2622"]In the mid 30's people got fed up with commemoratives, lots of speculation going on and "deals" made in the background. Heck even one of the great classic commemorative (spanish trail) was birthed by an el paso coin dealer that used them to get hudson halves (at the time worth more)</p><p><br /></p><p>If you, as a collector, buy what you <i>like</i> and not what you think will make you $$$ you will be much better off. Some of the greatest collections in the history of numismatics are people that put the hobby before the $$$. they all did very well.</p><p><br /></p><p>I really like the Smithsonian commemorative coins, I buy them not because i think they will be an investment, but because I like the design.</p><p>I ordered a ASE set because i really like the look of the reverse proof, I only bought one set. </p><p>as far as speculators go, if history is any example, then look at what they are doing and do <i>the exact opposite</i> and you will make a lot more money in the long run...</p><p><br /></p><p>think of the lonely coin collector completing a mint state run off barber coins back in the turn of the century (or even in the 30's or 40's) most people could care less about barbers then... and now look at the prices <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /></p><p><br /></p><p>another example: V nickels. people hoarded the "no cents" type, lots of specualtion. no one cared about the "cents" version that the mint replaced it with. look at the values of that coin, same year. one had rampant speculation and is now mostly common and lower valued. its sister coin is 5 times as expensive...</p><p><br /></p><p>I would venture a bet that the john marshal commem will be worth more than the marine dollar in 50 years. just a guess.[/QUOTE]</p><p><br /></p>
[QUOTE="ranchhand, post: 160982, member: 2622"]In the mid 30's people got fed up with commemoratives, lots of speculation going on and "deals" made in the background. Heck even one of the great classic commemorative (spanish trail) was birthed by an el paso coin dealer that used them to get hudson halves (at the time worth more) If you, as a collector, buy what you [I]like[/I] and not what you think will make you $$$ you will be much better off. Some of the greatest collections in the history of numismatics are people that put the hobby before the $$$. they all did very well. I really like the Smithsonian commemorative coins, I buy them not because i think they will be an investment, but because I like the design. I ordered a ASE set because i really like the look of the reverse proof, I only bought one set. as far as speculators go, if history is any example, then look at what they are doing and do [I]the exact opposite[/I] and you will make a lot more money in the long run... think of the lonely coin collector completing a mint state run off barber coins back in the turn of the century (or even in the 30's or 40's) most people could care less about barbers then... and now look at the prices ;) another example: V nickels. people hoarded the "no cents" type, lots of specualtion. no one cared about the "cents" version that the mint replaced it with. look at the values of that coin, same year. one had rampant speculation and is now mostly common and lower valued. its sister coin is 5 times as expensive... I would venture a bet that the john marshal commem will be worth more than the marine dollar in 50 years. just a guess.[/QUOTE]
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
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
How far can these coins go up?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...