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<p>[QUOTE="cladking, post: 2621466, member: 68"]It's a crazy situation.</p><p><br /></p><p>Most Lincoln cent sets that come into coin shops end at 1965. The cent changed reverse designs in 1959 but there was no change in '65. The same thing applies to Jefferson sets. </p><p><br /></p><p>People just stopped saving coins in 1965. </p><p><br /></p><p>As a group future collectors will not despise moderns. So as a group they are far more likely to collect them. As the baby boomers retire the new collectors will look for the "common" modern coins and they won't find them because people didn't save them. We've already seen what has happened with moderns in Russia and India with many coins going up in price 1000 fold. This is being caused by a very similar phenomenon; there were no collectors in the past because there was a very limited collector base and they all wanted silver. Now there's suddenly a large middle class and lots of new collectors but they can't find the moderns. I corresponded with many of the existing collectors in these countries back in the 1980's but simply couldn't locate or secure any of the modern coins. They didn't even know where to obtain them. Russian collectors collected czarist silver coinage and Indian collectors liked state or British issues in silver.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 2621466, member: 68"]It's a crazy situation. Most Lincoln cent sets that come into coin shops end at 1965. The cent changed reverse designs in 1959 but there was no change in '65. The same thing applies to Jefferson sets. People just stopped saving coins in 1965. As a group future collectors will not despise moderns. So as a group they are far more likely to collect them. As the baby boomers retire the new collectors will look for the "common" modern coins and they won't find them because people didn't save them. We've already seen what has happened with moderns in Russia and India with many coins going up in price 1000 fold. This is being caused by a very similar phenomenon; there were no collectors in the past because there was a very limited collector base and they all wanted silver. Now there's suddenly a large middle class and lots of new collectors but they can't find the moderns. I corresponded with many of the existing collectors in these countries back in the 1980's but simply couldn't locate or secure any of the modern coins. They didn't even know where to obtain them. Russian collectors collected czarist silver coinage and Indian collectors liked state or British issues in silver.[/QUOTE]
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