Modern Commemorative TPG 70's

I don't think the Registry programs will fade, but it is highly unlikely that there will be enough new entries into the Registry programs to "take up the slack" to keep price of the Modern Commem 70's stable. You've got to keep in mind that there are dozens of categories from which to choose, so it would be surprising if a large number of new entries choose the Modern Commem category.

Chris

 

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Huh? No offense green18 but I don't get your line of thinking. If you buy a car that holds a higher resell value over other cars (i.e. holds it's value) then do you consider the vehicle an investment? Most people are never going to consider a vehicle an investement (unless you are dealing in collector models or classic cars).

The same is as I'm not considering Morderns as an investement. I don't expect them to appericate in my lifetime. Now if I hold them for future heirs, they may appericate in the next generation.

 

Doug, your straight talk was what I was seeking. I.e. No, they don't hold their current market value.

 

Maybe, maybe not. I doubt people thought the proof set, rolls, small date, early commemorative, blazing white, pattern, etc etc fads would ever fade either.

I am too old or well read in this hobby to think anything popular now will not go away I guess. The only thing I have ever read that has not faded in popularity is truly scarce coins in nice collectible condition. That is the one fad that started at the beginning and still continues. That is why I sound like a broken record and recommend counting on that one aspect of the hobby.

Chris

 

you are over paying. please don't let anyone convince you that these modern coins will bring high value in the future.

 

I have several friends who have been taken to the cleaners with the modern proof 70,s hype. If your loosing money on them now I can,t imagine that the future will be any brighter. IMO moderns are for albums and bullion. I try to buy proof 70 coins at MS-69 prices or below but even then your pushing the coins limits of investment.

 

then buy some nice silver type coins. :yes: why mess around with these modern day MS/PR 70 craps?

 

Do those silver type coins come with a guarantee to appericate? I have yet to see a coin that comes with a contract that states a person will buy this coin within 5 years at 40% higher then what you paid for it now.

Indeed, I am a buyer of silver coins. However, I also like to collect the Moderns. My findings have been that if you are going to collect them you might as well buy 70s. Only of course at the right price.

 

No guarantee but they sure have a lot longer and better track record than anything else. As for might as well collect the 70's, well people thought they might as well collect modern rolls, modern proof sets, etc etc and have gotten badly burned. Its just a warning, go and read the history of numismatics in the USA and see the examples I am referring to. It reminds me a lot of the dot com era, where they said, "stock prices are different now, they aren't the same as they used to be".

 

I think low grade coins should take off in value because they are even rarer in low MS grades than MS 69's or perfect MS pieces!

 

You should read some books too. There is a lot of people that were "badly burned" on silver type coins over the years. What we can agree is that over the years, key dates are better bets for future appreciation. However, as I stated in this post again and again, I'm not expecting Moderns to appreciate. The same as the person who likes to collect common date cents and nickels but aware the they are not likely to appreciate. I enjoy collecting them for the sake of collecting them. Though I'm not overpaying for them. If you have patience, you can find opporturnies to buy 70 grades at 69 prices (often at their mint sale price), which is what I do.

As for the dot com era stocks, A) I'm not saying that Morderns are "different" nor that they will appericate. B) You might want to read some books on the stock market too. In fact you could buy those books from one of those dot com stocks. It is called amazon. Even if you invested in the era's high in 1999, you'd have a postive return today.