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IKE's being pulled?
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<p>[QUOTE="cladking, post: 2109413, member: 68"]When I started collecting coins with fewer than ten million examples were considered rare. Everyone wanted one or a few rolls of them. Everything changed in 1965 and it no longer mattered how few there were people didn't want it if it were minted after 1964. So coins like the very scarce '76-P type I Ike in MS-63 or better is just another ho hum modern that most people would take to the bank to get a "real dollar". There aren't 50,000 of these extant but no one even knows because there is no market and almost no collectors. The same applies to other dates of Ikes in nice collectible condition but people aren't looking for rolls or bags or even a single example!!</p><p> </p><p>There are many forward thinking collectors like you and many of us try to set aside a few extra for future collectors but nothing can ever change the fact that many moderns are tough now and they'll only get tougher in the future. They languish in mint sets that can be purchased for a song as large percentages are now rotting as well but very few people care. </p><p> </p><p>I just wonder what collections of moderns will look like in 100 years. Sure there will be a few high grade sets but what will the average collection look like? It is going to be composed of ugly and horribly made coins leading people to beliueve this era now is even worse than it really is? It would be a shame if people in the future don't see the positives about these times.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 2109413, member: 68"]When I started collecting coins with fewer than ten million examples were considered rare. Everyone wanted one or a few rolls of them. Everything changed in 1965 and it no longer mattered how few there were people didn't want it if it were minted after 1964. So coins like the very scarce '76-P type I Ike in MS-63 or better is just another ho hum modern that most people would take to the bank to get a "real dollar". There aren't 50,000 of these extant but no one even knows because there is no market and almost no collectors. The same applies to other dates of Ikes in nice collectible condition but people aren't looking for rolls or bags or even a single example!! There are many forward thinking collectors like you and many of us try to set aside a few extra for future collectors but nothing can ever change the fact that many moderns are tough now and they'll only get tougher in the future. They languish in mint sets that can be purchased for a song as large percentages are now rotting as well but very few people care. I just wonder what collections of moderns will look like in 100 years. Sure there will be a few high grade sets but what will the average collection look like? It is going to be composed of ugly and horribly made coins leading people to beliueve this era now is even worse than it really is? It would be a shame if people in the future don't see the positives about these times.[/QUOTE]
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