Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Is it a good idea to make coin rings?
>
Reply to Thread
Message:
<p>[QUOTE="Slider, post: 1910919, member: 44205"]I agree with the fact that it's the OP's property, and he can do with it what he wishes.</p><p><br /></p><p>I disagree with the notion that choosing common coins from high mintage years, or coins with flaws are somehow appropriate to use when others are not. I said it in a prior thread and it bears repeating - coins get destroyed every year for a variety of reasons...natural disasters, refiners, jewelry, etc., etc. What we view as a flawed - and therefore non-collectible - coin today does not mean that it will always be viewed that way. The reason is quite simple: </p><p><br /></p><p>1. Coins in all conditions are destroyed each year for a variety of reasons. </p><p>2. They're not making any more of them (not counting the counterfeits). </p><p><br /></p><p>The simple fact is that what we view as cull coinage today with no numismatic value will one day be viewed as collectible <i><b>as the overall population of authentic specimens decline with the normal passage of time</b></i>. For some coins, this already exists, and the examples are numerous. Would any of us here destroy a 1916 d Merc in any condition? I think not. For some coins, it may be within our lifetimes. For others, it may take several generations. But it will happen with all coins, as sure as the sun rises and sets, and the proof is no further away than a quick trip to ebay or any number of etsy shops that specialize in destroying coins. </p><p><br /></p><p>Although I readily admit that they look cool, I don't believe that a true collector of coins - someone who understands their role in preserving specimens of all grades for future generations to appreciate - should advocate the destruction of coinage in any form.[/QUOTE]</p><p><br /></p>
[QUOTE="Slider, post: 1910919, member: 44205"]I agree with the fact that it's the OP's property, and he can do with it what he wishes. I disagree with the notion that choosing common coins from high mintage years, or coins with flaws are somehow appropriate to use when others are not. I said it in a prior thread and it bears repeating - coins get destroyed every year for a variety of reasons...natural disasters, refiners, jewelry, etc., etc. What we view as a flawed - and therefore non-collectible - coin today does not mean that it will always be viewed that way. The reason is quite simple: 1. Coins in all conditions are destroyed each year for a variety of reasons. 2. They're not making any more of them (not counting the counterfeits). The simple fact is that what we view as cull coinage today with no numismatic value will one day be viewed as collectible [I][B]as the overall population of authentic specimens decline with the normal passage of time[/B][/I]. For some coins, this already exists, and the examples are numerous. Would any of us here destroy a 1916 d Merc in any condition? I think not. For some coins, it may be within our lifetimes. For others, it may take several generations. But it will happen with all coins, as sure as the sun rises and sets, and the proof is no further away than a quick trip to ebay or any number of etsy shops that specialize in destroying coins. Although I readily admit that they look cool, I don't believe that a true collector of coins - someone who understands their role in preserving specimens of all grades for future generations to appreciate - should advocate the destruction of coinage in any form.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Is it a good idea to make coin rings?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...