Is it time to focus on clad coinage?

Good year, seeing as I was born then!

 

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Whippersnapper........

 

fred seems to be missing some of the experts points. Seems he should listen to cladking and 19Lyds. I definitely agree with 19Lyds, in regard to the coinage of '82 and '83. Just try to find a nice TPG MS66 Washington. Same is true about the pops of some of the '90's Washies. But, the bottom line is clad/modern coinage is a great intro to the hobby, but it isn't subject to increasing in value (unless you have a TPG top pop), even if it's just due to intrinsic value. We see time and again the early prices for moderns.....then, pops go way up, prices go way down (again, unless you have a pop 1 or 2 MS68. Prez dollars and Statehood quarters are perfect examples....

Again, there ARE exceptions, but I see clad coinage as just a financially easy way to get into the hobby. I guess those exceptions, are the 'keys' of the future....like the '82 & '83 coinage, even the '69 Roosie. Then, of course, if you are into designations, then the FB Roosies and FS Jeffs of the '70's, it's a whole different game. Some of those 'moderns' aren't pocket change, and can't be had for pocket change. Unless you are a registry set player, a Whitman album of 'average' BU Jeffs is just a folding piggy bank.

 

do you think over a million 2007 non-satin dimes were put away? I seriously doubt it. Why would someone pay more than twice face value for this http://www.ebay.com/itm/2007-D-BU-R..._Individual&hash=item43a96335b6#ht_500wt_1413 they are either very savvy or really dumb.

 

Some clad coins look good to me but I still prefer the silver. Hey here's one of my favorite clad coins.

 

If only 100,000 were saved, it still wouldn't be worth more than 2X face, unless, as I and others have mentioned, you obtained a highest graded example. What if that roll, that you link to, that is currently at $12, with only 7 views (that should be a tell-tale sign), only yeilded MS65/66's and no FB? Buyer of that roll would be buried, even at $12.

 

Hi guys. I like pics. Here are a couple more.

 

Nice coin...now that's what I'm talkin' about!

I find these coins interesting, too...

Clad planchets are harder than silver so, early on, the Mint had a habit of over-using dies (maybe they still do). I find very late die state examples to be particularly interesting. Here's one I found and tried to photograph. I didn't get the lighting right...but the "Orange Peel" effect, dramatic flow lines, and sunken die are quite amazing "in hand".

 

Yes, it's difficult. But for certain, those that choose to openly "diss" clad coinage because its "cheap" (in their opinion) are missing the numismatic boat and doing a disservice to the collecting community as feelings such as this do nothing towards preserving those specific artifacts of history.

Asking "Is it time to focus on clad coinage?", on the other hand, does.

While it's true that certain clad issues are as common as crooked politicians it's also true that there are many clad coins that are simply no longer available "because" folks figured they were common. Those coins are lost forever and now is as good a time as any to actually focus on finding the best specimens you can for future generations of collectors that have the ability think beyond whats valuable "today".

 

Quite true. People forget that in 1930, the 1923-s cent was actually more valuable than an '09-s VDB. Times do change, and so too the value of certain coins.

 

In 1964 a bag of '50-D nickels was worth well in excess of a quarter million dollars in
today's money. There were more than 2,000,000 of these yet they could sell for as
much as $200 in today's money. Even today these sell for more than $10 and most
still survive. Why can't a coin with a mere 100,000 in existence at least get to where
the far more common '50-D nickel is today.

Thry finding a nice attractive '82-P nickel. An '82-P nickel as nice as the typical '50-D
nickel is probably 100 times more rare today!!! It sells for almost nothing.

Oh, and did I mention the '82-P comes as two different varieties so might have twice
the demand when collectors start extending their nickel collections past 1964. There's
only a single reason the '82 is cheap; there's no demand.

Just like the Russian coins that are up hundreds fold in a couple years we will eventu-
ally see the same thing in US coins. It's really not a question of "if", it's more a question
of "when" and how much. It simply isn't reasonable to expect the hobby to survive as
a mass market and suggest that the '82 nickel will never have even a small fraction of
the demand of the '50 nickel. Such anomalies can't persist. Old collectors get replaced
by new collectors who won't share the old prejudices. If they don't get replaced then
there will be no mass hobby. The '50-D nickel will be pocket change like most other US
coins.

 

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So you have special powers that I dont?
You can predict the future and you have recognized the fact that for certain future collectors will find clad valuable?
Nonsense

 

Hey fortunteller I have a question!
If future generations find clad valuable and worth much more than at present day what will happen to the classic rarities that exist currently. If anything they will skyrocket in value tenfold then clad will. By the time nonsense like a 1981 quarter in ms 68 is worth 1000 dollars what will be the value of our classic example 1909 s vdb cent.
Why waster your time collecting and "investing" in clad when there are better options relating to coins if your thinking about the future
I dont need a Psychic such as yourself to answer that question for myself

 

missing the numismatic boat?
why dont you go back and read my last few posts a few pages back. You must have missed them

 

Fred. Are you alluding that folks who collect modern coins might not be Numismatists?

 

One of the things that has always impressed me about CT (other than the wide scope of experience and opinions) is the grace and humor people show...even in disagreement...makes it all worth while. :cheers:

 

thats the third time i have been accused of that in this thread. Its quite annoying.
Of course people who collect moderns are numismatics.
Im just expressing my dislike for modern and clads, thats all

 

OK. don't get the old hackles up. Question answered and understood. It's just your tone dear fellow. Almost makes it seem as if us modern guys might be less than ordinary.

 

sorry my tone is supposed to be directed only towards 19lyds
his frivolousness annoys me