Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Modern Rarities
>
Reply to Thread
Message:
<p>[QUOTE="Murphy45p, post: 3885518, member: 96005"]Just an observation, modern collecting seems to focus on a lot of factors outside just the coin. For instance, the "rocket ship Kennedy", outside of the OGP or a TPG holder, there is no difference that I am aware of in the actual coin and other Kennedy issues during the year. </p><p><br /></p><p>"First day of issue" labels, or "Street car labels", that sort of thing by TPGs seem to add an additional layer of collectability outside of the coin itself. </p><p><br /></p><p>I do appreciate modern coins, but by producing coins only meant for collectors to begin with, it seems to me that rarity concepts need to be redefined. For instance, 484,000 coins meant for circulation 110 years ago didn't end with many in the hands of collectors at the time, while conversely, a coin with a "low" mintage of 100,000 today, available only as collector items (not circulated) ensures that 100,000 WILL be held as a collectable. Easier to determine populations for sure, and all will be in fairly high grades, especially considering the advanced technology of the day.</p><p><br /></p><p>It changes the hobby, but the hobby has always changed. Originally a hobby of those with means, it gained new life after WW II. So for me to resent that the hobby for new collectors means something different than it did or does to me, isn't fair. New issues dilute demand for older ones to some extent I think, but as strictly a collector, that's beneficial to me because I can obtain the older issues at more reasonable prices. As an investment though, it's not as lucrative as it once was.</p><p><br /></p><p>And I enjoy some of the modern designs as well, the mint still produces some gorgeous coins for sure, with more focus on aesthetics than in earlier times. </p><p><br /></p><p>I don't really have a point here, so I'll shut up now.[/QUOTE]</p><p><br /></p>
[QUOTE="Murphy45p, post: 3885518, member: 96005"]Just an observation, modern collecting seems to focus on a lot of factors outside just the coin. For instance, the "rocket ship Kennedy", outside of the OGP or a TPG holder, there is no difference that I am aware of in the actual coin and other Kennedy issues during the year. "First day of issue" labels, or "Street car labels", that sort of thing by TPGs seem to add an additional layer of collectability outside of the coin itself. I do appreciate modern coins, but by producing coins only meant for collectors to begin with, it seems to me that rarity concepts need to be redefined. For instance, 484,000 coins meant for circulation 110 years ago didn't end with many in the hands of collectors at the time, while conversely, a coin with a "low" mintage of 100,000 today, available only as collector items (not circulated) ensures that 100,000 WILL be held as a collectable. Easier to determine populations for sure, and all will be in fairly high grades, especially considering the advanced technology of the day. It changes the hobby, but the hobby has always changed. Originally a hobby of those with means, it gained new life after WW II. So for me to resent that the hobby for new collectors means something different than it did or does to me, isn't fair. New issues dilute demand for older ones to some extent I think, but as strictly a collector, that's beneficial to me because I can obtain the older issues at more reasonable prices. As an investment though, it's not as lucrative as it once was. And I enjoy some of the modern designs as well, the mint still produces some gorgeous coins for sure, with more focus on aesthetics than in earlier times. I don't really have a point here, so I'll shut up now.[/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
>
Modern Rarities
>
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...