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<p>[QUOTE=&quot;Vegas Vic, post: 1890225, member: 58810&quot;]Cladking I want to first off thank you for pushing modern coins. By buying them you remove money that would be my competition for buying historic coins. I&#039;ll buy coins that start with 18 all day long and you are making it cheaper for me to get the coins I like.</p><p><br /></p><p>However I think like many the problem with moderns are that they survive in large numbers at high grade. Look at the populations in the pcgs reports. You will see that the percentage of all graded coins at 70 to be large. At even 5% of all coins to grade at 70 means when you do simple math like multiply that percent of 70&#039;s to total mintage you find your condition rarity not so rare. Want to argue that only better coins are submitted? No problem the percent times mintage gives you such a large number that you can make tons of adjustments down in expected 70&#039;s and still overwhelm the market with these gem coins because of mintage and survival.</p><p><br /></p><p>But don&#039;t let me slow you down. This is America. Buy whatever you want. But when you talk about turning off new collectors just think how psyched up people will be when their modern graded coins value crashes and burns. I&#039;m not saying to avoid collecting moderns. They are quite beautiful given modern minting techniques I&#039;m just saying don&#039;t pay a huge premium for slabbed moderns buy them raw and enjoy them in your collection.[/QUOTE]</p><p><br /></p>

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