This isn't the whole truth, but there is some truth to this. I was reading that when the Jackie Robinson commemorative came out, it wasn't popular. Because it wasn't popular, relatively few people bought them. Because few people were buying them, the Mint didn't make as many. Because the Mint didn't make as many, they are rarer than most commemoratives. Because they're rarer than most commemoratives, they're now more valuable than most commemoratives.
Yup - all very true. But the folks that bought them because they liked them made out like bandits now didn't they
Caveat: I'm the barest rookie at this collecting stuff. Having said that, one reason I'm concentrating on Morgans for my first collection is my faith in their long-term investment value. I feel that value is based as much upon demand as scarcity, and the sheer availability of these coins at great ages and relative quality generates a market for them. They're big, pretty and available. Therefore, I forsee demand continuing unabated in the future, especially among those just entering the realm of collecting. Further, such a large market keeps me from having to collect rarities which engender the most interest among serious collectors, most of whom are richer than me. Not being an expert, I can only suspect that relatively-rare Morgans command higher prices at given mint quantities than other rarities. Either way, I've gotta sell a lot of '83s and '85s before I can begin on the Carson City dates. I sense some real wisdom in the clad Quarters idea. In fact, methinks I'm going to do some moving in that direction. Mint sets are probably fairly common, so I think higher MS grades are the way to go. edited - sorry, but offers to buy and sell are not permitted in this section of the Forum.
I believe youngcollector's original question related to which coin or series would produce the best chance of gaining in value. So I answered the question exactly like cloudsweeper described which coins would be the best to accomplish this end. No Doug, this is still the same old never change collector that has always been here. I gave an honest answer to youngcollector, but at the same time you wouldn't find one of those sandwich coins on any of my property. Now or ever. But I will now admit that some of them are real nice looking. AND deep down I admire Cladking. He sure sticks with something, don't he?
Very high praise, indeed, considering the source. Thank you. My single-mindedness springs from more than mere love of these coins as you are well aware. That is much of my life and some of my future tied up with them.
Ya know what old friend - I've always thought a good deal of you, you knew that. But you just went up a couple more notches in my book But now I gotta run - have to call the paramedics and send 'em to clad's house before he reads your comments. Poor guy is gonna be in a state of shock Oooooops - too late !! Can't believe it - he survived
I believe it still comes down to knowledge which will be enhanced by doing/collecting what you enjoy. If you enjoy a specific area or types of coins then you will naturally learn and gain more knowledge about that area. This will add to your ability to see opportunities or 'good buys or purchases'. If you rely completely on someone elses knowledge then you may not be as pursistent in the selection of coins.
exactly why the barber coins ( dime/quarter/half ) are so expensive and rare in high quality... no one saved them!
Yes...that is the reason...nobody much saved them...but I wish they had!! I have seen a FEW in AU/BU grade but that is all... Bower wrote that he once saw a set of Barbers in grades VF-EF and that was about the highest set he had seen....that was years ago and I'm sure he has seen some that are better but I don't think I have ever heard of a BU set of barbers. Speedy
Well, here's a pretty nice set of proof Barber dimes, quarters, halves: Bruce Scher's Barber set Note the set rating (1-70) of his entire set: 68.26. I'm not sure how they calculate that; the average looks like it would be about 67.
Looking at some of the other sets at that site, it appears the best business strike Barber sets are about AU.
Now Proofs would be something else!! I have never seen one in person but they sure are neat in photos. I like his set for a good many reason....I have seen a few PF69 Barbers (Don't think I've seen one PF70 !!) but I just can't see any way that a coin from the 1800's could be soooo good that it would grade that.... Now I'm one that doesn't think there is such a thing as a MS/PF 70 coin...no coin is that good. Speedy