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My holed 1876 coin collection...still in progress
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<p>[QUOTE="dingodonkey, post: 1483861, member: 25354"](1): Not everybody collects with investment in mind, nor should they. I'd go so far as to say that a _collector_ is making a mistake if they think of what they are doing as investment. If you want to buy coins to grow or protect future value, you can absolutely do that and make money but not very easily as a collector assembling type sets, date sets, etc. It's a different model completely and looks much more like targeted hoarding.</p><p>(2): That said, I'm suspicious of the general wisdom that culls are always and everywhere worthless and will not appreciate much in value. As more of the pre-modern market moves out of reach for many collectors, these lower-end specimens may develop an appeal of their own. Coins with localized detractions (such as holes, rim bumps, or scratches) but higher-grade details may be big beneficiaries, percentage-wise. Or I could be totally wrong with my crackpot theory... but it seems plausible anyway ;-)</p><p>(3): I've seen a few of these holed sets and some of them are pretty darn impressive.[/QUOTE]</p><p><br /></p>
[QUOTE="dingodonkey, post: 1483861, member: 25354"](1): Not everybody collects with investment in mind, nor should they. I'd go so far as to say that a _collector_ is making a mistake if they think of what they are doing as investment. If you want to buy coins to grow or protect future value, you can absolutely do that and make money but not very easily as a collector assembling type sets, date sets, etc. It's a different model completely and looks much more like targeted hoarding. (2): That said, I'm suspicious of the general wisdom that culls are always and everywhere worthless and will not appreciate much in value. As more of the pre-modern market moves out of reach for many collectors, these lower-end specimens may develop an appeal of their own. Coins with localized detractions (such as holes, rim bumps, or scratches) but higher-grade details may be big beneficiaries, percentage-wise. Or I could be totally wrong with my crackpot theory... but it seems plausible anyway ;-) (3): I've seen a few of these holed sets and some of them are pretty darn impressive.[/QUOTE]
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My holed 1876 coin collection...still in progress
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