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Interesting Article on the Cutoff of Modern and Classic US Coinage
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<p>[QUOTE="cladking, post: 1889979, member: 68"]This is the shame of it; that they got a well respected numismatist to write it. </p><p> </p><p>I certainly understand how collectors can look at US coins and find only pre-1933 coins worthy. Later coins were either saved or were debased. Some people wouldn't want to collect such coins. </p><p> </p><p>The fact that so many people agree is symptomatic of the fact that most collectors hate moderns and hate base metal coins. If we were still making silver this modern bashing wouldn't still be going on but it's simply impossible that all these coins would still be made out of silver because there isn't so much silver on or in the planet and the price would explode. How do you make a dime out of silver if the price had exploded back in 1966? This is why I say most modern bashers are still looking from a 1964 perspective. </p><p> </p><p>Frankly it no longer bothers me at all that they are never going to collect moderns. I've accepted this after all these years. What bothers me is the constant negativity toward moderns will serve only to dissaude new collectors from collecting at all. They are told that even the valuable moderns are just overpriced junk so they figure what can their own collections of circulating coins be worth. Sure, some will go and collect worthy indian cents made in much larger quantities than their own 2009 issues which are just junk but more will just give up in frustration. </p><p> </p><p>They are driving the next generation of collectors from the hobby like modern manufacturers drive away their own customers by lowering product quality and package sizes. What better symbol of this age could possibly exist than a zincoln collection in Gem? It's incredibly cheap because of modern bashing. It's worth less than nothing as a circulating medium due to inflation. And it represents what this age could be if we actually applied ourselves. Best of all it will keep you busy for years trying to find the tough dates. Bashers can't see this. They see a few peoplwe bidding up MS-70 coins and figure that it represents money that could be competing for and driving up the prices of "real coins" like an 1804 cent. Like everything now days their words and actions reflect shortsightedness and no wisdom.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 1889979, member: 68"]This is the shame of it; that they got a well respected numismatist to write it. I certainly understand how collectors can look at US coins and find only pre-1933 coins worthy. Later coins were either saved or were debased. Some people wouldn't want to collect such coins. The fact that so many people agree is symptomatic of the fact that most collectors hate moderns and hate base metal coins. If we were still making silver this modern bashing wouldn't still be going on but it's simply impossible that all these coins would still be made out of silver because there isn't so much silver on or in the planet and the price would explode. How do you make a dime out of silver if the price had exploded back in 1966? This is why I say most modern bashers are still looking from a 1964 perspective. Frankly it no longer bothers me at all that they are never going to collect moderns. I've accepted this after all these years. What bothers me is the constant negativity toward moderns will serve only to dissaude new collectors from collecting at all. They are told that even the valuable moderns are just overpriced junk so they figure what can their own collections of circulating coins be worth. Sure, some will go and collect worthy indian cents made in much larger quantities than their own 2009 issues which are just junk but more will just give up in frustration. They are driving the next generation of collectors from the hobby like modern manufacturers drive away their own customers by lowering product quality and package sizes. What better symbol of this age could possibly exist than a zincoln collection in Gem? It's incredibly cheap because of modern bashing. It's worth less than nothing as a circulating medium due to inflation. And it represents what this age could be if we actually applied ourselves. Best of all it will keep you busy for years trying to find the tough dates. Bashers can't see this. They see a few peoplwe bidding up MS-70 coins and figure that it represents money that could be competing for and driving up the prices of "real coins" like an 1804 cent. Like everything now days their words and actions reflect shortsightedness and no wisdom.[/QUOTE]
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