Reply to Thread

Message:: [QUOTE="statequarterguy, post: 1320365, member: 21782"]You make some good points that I agree and disagree with.  I’m not saying the satins will be great rarities, just keys that could someday approach the price of a 31-s.  A 31-s sells for $100 even in G4 condition.  At the price the satins are currently selling for, they’re a deal and even modest increases in price will produce profits if collected in quantity.  As for modern business strikes, hard to get excited about any coin with hundreds of millions or billions minted, even in the highest grades.  True, like the 1983 quarters, if no one puts them away in quantity, they could command a premium WAY down the road.  But, that’s a big if.  I think the lesson learned from the 83’s caused many to become roll collectors, so few modern business strikes will be rare in unc.  So, if funds are limited, as they are for most, I’d choose to hoard coins that have 745K minted as opposed to 745M. Even if business strikes aren't put away in quantity, it's hard to overcome the distain collectors have for high absolute mintages as opposed to low absolute mintages. Which is why, way back when, before high grade high mintage coins where marketed and promoted, few where interested in them, must less willing to pay more than a nickel premium for them.[/QUOTE]