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<p>[QUOTE="cladking, post: 1923473, member: 68"]There's one thing that modern type coins will have going for them as long as there is almost no demand; rare high grade coins will be cheap. Indeed, there are no US coins where top grade coins can be bought for as little as $10. Even pop tops can cost as little as a few hundred dollars. </p><p> </p><p>In fact all you have to do is look through about "50" 1976 mint sets and you can get a a nice Gem '76 bicentennial type quarter for little more than face value. Few collectors are availing themselves of this opportunity. Even type collectors generally just don't collect type after 1965. If they ever decide they want something like a Gem 1976 type I ike you can look for the price to go up thousands of dollars because they aren't out there. They aren't cheap because they are common, they are cheap because collectors don't want them. Even gemmy type I's are quite uncommon and chUnc's aren't so common as people think. </p><p> </p><p>It's hard for me to believe this situation can persist indefinitely. Most coins will be flowing back onto the market over the next couple decades but there aren't any Gem Ikes in existing collections so these won't be coming on the market except in the tiniest numbers. Are collectors in the future going to ignore moderns as well?[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 1923473, member: 68"]There's one thing that modern type coins will have going for them as long as there is almost no demand; rare high grade coins will be cheap. Indeed, there are no US coins where top grade coins can be bought for as little as $10. Even pop tops can cost as little as a few hundred dollars. In fact all you have to do is look through about "50" 1976 mint sets and you can get a a nice Gem '76 bicentennial type quarter for little more than face value. Few collectors are availing themselves of this opportunity. Even type collectors generally just don't collect type after 1965. If they ever decide they want something like a Gem 1976 type I ike you can look for the price to go up thousands of dollars because they aren't out there. They aren't cheap because they are common, they are cheap because collectors don't want them. Even gemmy type I's are quite uncommon and chUnc's aren't so common as people think. It's hard for me to believe this situation can persist indefinitely. Most coins will be flowing back onto the market over the next couple decades but there aren't any Gem Ikes in existing collections so these won't be coming on the market except in the tiniest numbers. Are collectors in the future going to ignore moderns as well?[/QUOTE]
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Modern type coins as an investment?
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