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<p>[QUOTE="clembo, post: 268750, member: 8033"]I think bq hit it right on here.</p><p><br /></p><p><br /></p><p><br /></p><p>I'm sure there are a MANY that have successfully collected new series. I don't think many have retired because of the investment though.</p><p><br /></p><p>Many here know that I have no love for any "new" dollar coins. Yet, I still have several rolls of Sacagaweas in my possesion. The vast majority of these were collected for my "piggy bank". I put change away every year and then cash it in to go on vacation. Did I make money on it? - no. To me it's money that I don't "miss" and has financed a week away from home for years. Presidential dollars will get the same treatment.</p><p><br /></p><p>People collected rolls of state quarters. In the beginning they were HOT! Now the price has hit rock bottom. BILLIONS of them have been minted. On the other hand PRE-State quarters have risen dramatically.</p><p><br /></p><p>If you try and apply this to the new dollars I don't see that happening either. Ikes (unless high grade) have not moved that much nor have the Susan Bs or the Sacs. The long term interest is not there unless you live to be a few hundred years old.</p><p><br /></p><p>Collect the set by all means if you wish but DO NOT sink a ton of money into them above face value.</p><p><br /></p><p>Look at other coins and learn and enjoy the whole spectrum of the hobby.</p><p><br /></p><p>As for my Sacs? I'm going to the coin shop tomorrow most likely. Will see if he needs any. If I get a nickel over face I'd be happy - if not I'd still be happy. I plan to use them to buy semi key Lincoln Cents. THOSE will go up.</p><p><br /></p><p>Just one more thing. Why the name blueshound? I was just listening to some Koko Taylor.</p><p><br /></p><p>clembo[/QUOTE]</p><p><br /></p>
[QUOTE="clembo, post: 268750, member: 8033"]I think bq hit it right on here. I'm sure there are a MANY that have successfully collected new series. I don't think many have retired because of the investment though. Many here know that I have no love for any "new" dollar coins. Yet, I still have several rolls of Sacagaweas in my possesion. The vast majority of these were collected for my "piggy bank". I put change away every year and then cash it in to go on vacation. Did I make money on it? - no. To me it's money that I don't "miss" and has financed a week away from home for years. Presidential dollars will get the same treatment. People collected rolls of state quarters. In the beginning they were HOT! Now the price has hit rock bottom. BILLIONS of them have been minted. On the other hand PRE-State quarters have risen dramatically. If you try and apply this to the new dollars I don't see that happening either. Ikes (unless high grade) have not moved that much nor have the Susan Bs or the Sacs. The long term interest is not there unless you live to be a few hundred years old. Collect the set by all means if you wish but DO NOT sink a ton of money into them above face value. Look at other coins and learn and enjoy the whole spectrum of the hobby. As for my Sacs? I'm going to the coin shop tomorrow most likely. Will see if he needs any. If I get a nickel over face I'd be happy - if not I'd still be happy. I plan to use them to buy semi key Lincoln Cents. THOSE will go up. Just one more thing. Why the name blueshound? I was just listening to some Koko Taylor. clembo[/QUOTE]
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