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<p>[QUOTE=&quot;KTO, post: 1484502, member: 37914&quot;]Caleb,</p><p><br /></p><p>You raise some good points, so let me clarify my statement. By &quot;better investment&quot;, I mean that it is less speculative and more of sure thing in the same way that I would say that blue chip stock like Eli Lily or Coca-Cola is a &quot;better investment&quot; than certainly Groupon or Facebook, and may be even Apple. A more speculative stock (or coin) might pay off more handsomely...or it might not.</p><p><br /></p><p><br /></p><p>Yes, high grade Kennedys could (and probably will) increase in value. And since the price for individual Kennedys are much lower on average than Morgan dollars, I agree that there is much more price potential for a higher return on investment (for example, if the price for an individual Kennedy increases by 20% from $25 to $30, it is not likely out of a buyer&#039;s price range, whereas if a Morgan increases 20% from $1500 to $1800, it may lose more potential buyers).</p><p><br /></p><p><br /></p><p>On the other hand, let&#039;s say that high grade Kennedy sets continue to gain in popularity and price. If the price gets high enough, who knows how many of the hundreds of millions will start to find their way out of the rolls and boxes and drawers and folders and piggy banks where they have been hiding and pour into the coin marketplace? Some of those coins will be high grade, but they will not likely ever be submitted to a TPG until prices are higher and it is more cost effective to pay for grading. Even the few condition rarities in Kennedy halves ought to be considered as tenuous because such a small percentage of all the halves have been slabbed and counted, compared to millions of Kennedys issued in just the uncirculated Mint Sets.</p><p><br /></p><p><br /></p><p>If someone wants to collect high grade Kennedys, I say more power to you. And if someone states that they will not only increase in value but out perform other series in the coin market, I say you may well be right because the Kennedy series has good potential and a good record so far. But I also say that spending significant amounts on high grade Kennedy halves comes with more risk than the same amount spent on Morgan dollars (or US large cents, as another example).</p><p><br /></p><p><br /></p><p>My line of reasoning is that $1000 spent on choice, high grade Morgan dollars would be a &quot;better investment&quot; because so much is known about the supply side for Morgans, such as, how many coins you can estimate to be available in each grade for each year, each mint, and variety. Like a blue chip stock, Morgan dollars can expect at least some increase in value with less long term risk than most other series in coin collecting.[/QUOTE]</p><p><br /></p>

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