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<p>[QUOTE="medoraman, post: 966498, member: 26302"]Coin collectors like nice rare coins. That is the basis of the hobby, not the investment side of numismatics. I would always error on the side of buying for long term holding rare coins in nice condition, not ultra high grade new coins. I cannot recall any time period where nice, collectible large cents, SL, capped bust, barber, colonial, or similar coins have decreased in value. I CAN tell you all about high grade morgans in the late 80's, and how they tanked and took a decade or longer to recover, not to mention the large date crazes, roll crazes, proof sets crazes, etc. etc. Long term money, you are safer in coins the long term collectors will always prize. </p><p><br /></p><p>Another thing that makes me worry for the long term value of modern 70's and, (shudder) First day of issue.....stuff. That is where do you see them being sold strongest? TV. That tells me there is so many of these that true collectors really aren't interested and they are pulling in suckers to buy them. THat does not bode well for long term numismatic value. When is the last time you saw XF large cents on tv? Never. That is what I am saying, you want things in demand from the hobby, the stuff dealers are almost always out of stock, since they truly are desirable.</p><p><br /></p><p>Just my opinion.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 966498, member: 26302"]Coin collectors like nice rare coins. That is the basis of the hobby, not the investment side of numismatics. I would always error on the side of buying for long term holding rare coins in nice condition, not ultra high grade new coins. I cannot recall any time period where nice, collectible large cents, SL, capped bust, barber, colonial, or similar coins have decreased in value. I CAN tell you all about high grade morgans in the late 80's, and how they tanked and took a decade or longer to recover, not to mention the large date crazes, roll crazes, proof sets crazes, etc. etc. Long term money, you are safer in coins the long term collectors will always prize. Another thing that makes me worry for the long term value of modern 70's and, (shudder) First day of issue.....stuff. That is where do you see them being sold strongest? TV. That tells me there is so many of these that true collectors really aren't interested and they are pulling in suckers to buy them. THat does not bode well for long term numismatic value. When is the last time you saw XF large cents on tv? Never. That is what I am saying, you want things in demand from the hobby, the stuff dealers are almost always out of stock, since they truly are desirable. Just my opinion.[/QUOTE]
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