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<p>[QUOTE="kaparthy, post: 21006, member: 57463"]That cuts both ways, of course. Dealers often complain that they are forced to be generalists, while collectors specialize. Of course, "specializing" in Morgan Dollars is a tough row to hoe for a new collector. Everyone is in that game. 3-cent nickels offer more opportunity. For that matter, hardly any area of US Numismatics is as over developed as "coin" collecting. Specialize in the wildcat banknotes of your hometown. You still won't be alone, but you won't have 50,000 people with the DLRC book of Hometown Notes looking for the same signature pairs you are. And no area of US Numismatics is as overdeveloped as US Numismatics itself. People in America collect American money. </p><p><br /></p><p>John J. Ford has taken a lot of criticism in his later years, but the sales of his holdings are at the multi-million dollar marks for the very same reason that the auction catalogs of John J. Pittman's estate sale became a must have for any serious researcher. Both men bought things that other people did not understand or want. In Ford's case, he was big fan of Indian Peace Medals (among other things). He had the field to himself, more or less. With time and patience, he bought what he wanted.[/QUOTE]</p><p><br /></p>
[QUOTE="kaparthy, post: 21006, member: 57463"]That cuts both ways, of course. Dealers often complain that they are forced to be generalists, while collectors specialize. Of course, "specializing" in Morgan Dollars is a tough row to hoe for a new collector. Everyone is in that game. 3-cent nickels offer more opportunity. For that matter, hardly any area of US Numismatics is as over developed as "coin" collecting. Specialize in the wildcat banknotes of your hometown. You still won't be alone, but you won't have 50,000 people with the DLRC book of Hometown Notes looking for the same signature pairs you are. And no area of US Numismatics is as overdeveloped as US Numismatics itself. People in America collect American money. John J. Ford has taken a lot of criticism in his later years, but the sales of his holdings are at the multi-million dollar marks for the very same reason that the auction catalogs of John J. Pittman's estate sale became a must have for any serious researcher. Both men bought things that other people did not understand or want. In Ford's case, he was big fan of Indian Peace Medals (among other things). He had the field to himself, more or less. With time and patience, he bought what he wanted.[/QUOTE]
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