Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Mint Sets & Proof Sets for DAYS!
>
Reply to Thread
Message:
<p>[QUOTE="cladking, post: 6704742, member: 68"]There is a growing list that are worth saving all the way down to MS-63. As long as they are fully lustrous coins like '76 tI Ikes are worth $4 each. Lots of other coins have almost no supply in chBU but still sport low price tags. </p><p><br /></p><p>I believe the real "canary in the coal mine" is the '68 cent. Pennies are widely collected yet no one seems to notice this date is always tarnished and spotted. The '69 quarter is similar because only half of mint set coins weren't ugly and now this coin in the few surviving mint sets is tarnished. There used to be a million nice coins in mint sets and now there are only a few thousand. There are no rolls of these and if you could find 100 representative roll coins about 98 would be ugly. </p><p><br /></p><p>There is increasing demand for almost all moderns and we should start seeing this demand bump up against supply constraints even in lower grades including nice attractive VF's before many years are out. The low prices and low interest in moderns has resulted in a great deal of degradation of these coins. Even older proofs have very little value unless they are higher denomination or very high grade. This has been devastating to the supply of coins like 1968-S quarters. The coins end up in rolls for 40c each or sold to the general public. Every time the price of silver runs up the sets are smashed to get the silver half. Then of course there is normal attrition caused by fire, flood, and carelessness. Bad economies and "pandemics" cause the dissolution of households and things like old proof sets get degraded or improperly stored as a result. </p><p><br /></p><p><br /></p><p>I had always figured the move into moderns would be rather "sudden" but it appears this is it and I was wrong. Prices have been increasing for a couple years now and the rate appears to be accelerating.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 6704742, member: 68"]There is a growing list that are worth saving all the way down to MS-63. As long as they are fully lustrous coins like '76 tI Ikes are worth $4 each. Lots of other coins have almost no supply in chBU but still sport low price tags. I believe the real "canary in the coal mine" is the '68 cent. Pennies are widely collected yet no one seems to notice this date is always tarnished and spotted. The '69 quarter is similar because only half of mint set coins weren't ugly and now this coin in the few surviving mint sets is tarnished. There used to be a million nice coins in mint sets and now there are only a few thousand. There are no rolls of these and if you could find 100 representative roll coins about 98 would be ugly. There is increasing demand for almost all moderns and we should start seeing this demand bump up against supply constraints even in lower grades including nice attractive VF's before many years are out. The low prices and low interest in moderns has resulted in a great deal of degradation of these coins. Even older proofs have very little value unless they are higher denomination or very high grade. This has been devastating to the supply of coins like 1968-S quarters. The coins end up in rolls for 40c each or sold to the general public. Every time the price of silver runs up the sets are smashed to get the silver half. Then of course there is normal attrition caused by fire, flood, and carelessness. Bad economies and "pandemics" cause the dissolution of households and things like old proof sets get degraded or improperly stored as a result. I had always figured the move into moderns would be rather "sudden" but it appears this is it and I was wrong. Prices have been increasing for a couple years now and the rate appears to be accelerating.[/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
>
US Coins Forum
>
Mint Sets & Proof Sets for DAYS!
>
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...