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Is it time to focus on clad coinage?
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<p>[QUOTE="fred13, post: 1255909, member: 20688"]I understand what you are saying and I can relate because I collect coins of very scarce mintages myself but you don't seem to understand the fact that demand is not infinite. There is so much clad coinage it will never be valuable and the value of the metal will never reach face. Only ignorant people who think they will hit the jackpot will collect these. You claim that you can find 1909 vdb s pennies at any show, what does that prove? I cab virtually find any of the most sought after American coins with the biggest demand at any show ranging from panama pacific gold dollars to mint state 1916 d dimes. No doubt everything is based on demand but when supply skyrockets demand collapses. Look at the nickel for example. You can find and purchase any date you want for virtually face and get the silver ones for less then melt. Is there a demand for them? People have been hoarding them for a while. Are they crap? Virtually so which explains there lack of value coupled with the fact of billions being made[/QUOTE]</p><p><br /></p>
[QUOTE="fred13, post: 1255909, member: 20688"]I understand what you are saying and I can relate because I collect coins of very scarce mintages myself but you don't seem to understand the fact that demand is not infinite. There is so much clad coinage it will never be valuable and the value of the metal will never reach face. Only ignorant people who think they will hit the jackpot will collect these. You claim that you can find 1909 vdb s pennies at any show, what does that prove? I cab virtually find any of the most sought after American coins with the biggest demand at any show ranging from panama pacific gold dollars to mint state 1916 d dimes. No doubt everything is based on demand but when supply skyrockets demand collapses. Look at the nickel for example. You can find and purchase any date you want for virtually face and get the silver ones for less then melt. Is there a demand for them? People have been hoarding them for a while. Are they crap? Virtually so which explains there lack of value coupled with the fact of billions being made[/QUOTE]
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