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<p>[QUOTE="cladking, post: 23279, member: 68"]Investment is kind of a dirty word around here and it doesn't really need to be. Extreme caution is advised since prices can soar and plummet and remain unchanged for generations. </p><p><br /></p><p>I have always been fascinated with coinage since I was a toddler and first understood the concept of money. It is intriguing that coins can randomly pass from one person to the next and are always accumulating the wear and marks that say so much about where they've been. It was distressing when the coins were removed from circulation to be replaced by identical and "worthless" slugs which had almost no individuality in either production or wear. It was worse when it became obvious that even old clads would show up in circulation in brand new condition. There was an article in the Chicago Tribune in 1972 that said the mint was going to start rotating their stocks of coins as part of a switch to new accounting methods. This was when I started investing in coins. Oh sure, I did a little collecting with these coins even back then but most of my collecting in those days was confined to more traditional series like indians and large cents. Over the years of investing in the clads I discovered their many charms and put a great deal more effort into collecting them and somewhat less into investing in them. </p><p><br /></p><p>The point being that it's very difficult to remain a pure collector or a pure investor. Whichever you are it is wise to select coins that fit both parameters as well as possible and to remember that as you and/ or the coins evolve, there may well be changes in how you view your activity.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 23279, member: 68"]Investment is kind of a dirty word around here and it doesn't really need to be. Extreme caution is advised since prices can soar and plummet and remain unchanged for generations. I have always been fascinated with coinage since I was a toddler and first understood the concept of money. It is intriguing that coins can randomly pass from one person to the next and are always accumulating the wear and marks that say so much about where they've been. It was distressing when the coins were removed from circulation to be replaced by identical and "worthless" slugs which had almost no individuality in either production or wear. It was worse when it became obvious that even old clads would show up in circulation in brand new condition. There was an article in the Chicago Tribune in 1972 that said the mint was going to start rotating their stocks of coins as part of a switch to new accounting methods. This was when I started investing in coins. Oh sure, I did a little collecting with these coins even back then but most of my collecting in those days was confined to more traditional series like indians and large cents. Over the years of investing in the clads I discovered their many charms and put a great deal more effort into collecting them and somewhat less into investing in them. The point being that it's very difficult to remain a pure collector or a pure investor. Whichever you are it is wise to select coins that fit both parameters as well as possible and to remember that as you and/ or the coins evolve, there may well be changes in how you view your activity.[/QUOTE]
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