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<p>[QUOTE=&quot;cladking, post: 129157, member: 68&quot;]&quot;&quot; Be aware also that some of the dealers who sell very high grade modern coins don&#039;t buy these coins back at current market prices. So before you purchase these high-grade modern coins, you may want to research how you can sell them back into the secondary market if you should ever decide to do so. &quot;</p><p><br /></p><p><br /></p><p>This is the type of comment that one often hears from non-modern collectors.&nbsp; While it&#039;s not truly bad </p><p>advice one&#039;s time would be much better spent looking at raw coins and learning the differences from series to series and date to date.&nbsp; Where very similar coins can be purchased for a small fraction of the price or the coin is fairly easily found raw then it&#039;s not reasonable to expect premiums to remain high.&nbsp; With coins that are easily replaceable from raw coins&nbsp; few dealers will have much desire in purchasing already slabbed coins at high prices.&nbsp; These coins will bring market prices&nbsp; on ebay and such venues but market prices are susceptible to changes and common coins with high prices are always more likely to decline than increase.&nbsp; It really isn&#039;t too tough to learn what&#039;s out there.&nbsp; Look at the raw coins of whatever you&#039;re interested in and learn to spot the differences.&nbsp; If you&#039;re not interested in spending huge multiples for slight increases in quality then there&#039;s a good chance others won&#039;t be either.&nbsp; Sometimes though an issue can be remarkably scarce in nice shape or just a little lower grade and have tiny premiums simply because the demand for these is still pretty small compared to the old classics.&nbsp; Even large premiums are sometimes be justified but you won&#039;t know if you don&#039;t look at the coins.&nbsp; Learning what dealers will pay is of limited value simply because most dealers have no interest and no customers for modern coins.&nbsp; Even modern specialists buying interest will be of limited value since it will only tell you what he can find raw and does have a customer for.&nbsp; </p><p><br /></p><p>I don&#039;t like pop reports because even when they&#039;re actually right they can distort reality by over- representing popular and in demand coins and understating unpopular coins.&nbsp; These report the price almost as much as the population in modern coins (in classics, too, to a lesser degree).&nbsp; But even the population reports are a better bet to study than dealer buy back prices.&nbsp; Most real collectors don&#039;t plan on selling in the near future anyway and the modern markets will no doubt be very different when most collectors sell.&nbsp; I know it will be when I sell.&nbsp; <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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