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Not Even Jody likes Jeff Nickels This Much!!!
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<p>[QUOTE="cladking, post: 18763, member: 68"]This is likely an extremely rare coin today. But even if it isn't, almost every one of the others will be worn enough to no longer be a contender in only six years. It takes three years for them all to rotate out of fed storage and then another three years because some will go right back into storage. The coin isn't going to get a great deal more rare after that because those who have choice examples are going to remain unlikely to spend or allow their coins to be destroyed. </p><p><br /></p><p>Quality won't increase with the passage of time. Some people will find the coin increasingly nostalgic as time goes on and there will be more people using the coin in day to day commerce, but there are people who find the coin interesting NOW. </p><p><br /></p><p>You do certainly have a point. Look how long it's taken for the old clad coins to get a modest following. It has been a couple generations. Even one generation ago (BEFORE THE GRADING SERVICES), it was still possible to find most of the clads for very low prices. Of course the Ikes and Kennedys commanded large premiums (BEFORE THE REGISTRIES) even in those days, but the clads used day to day had almost no following. The same thing applied a generation or two ago: Rare coins are difficult to find and do not get easier with the passage of time. </p><p><br /></p><p>And rare coins do not get more collectible with the passage of time even though it may seem so as larger numbers of people begin collecting them.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 18763, member: 68"]This is likely an extremely rare coin today. But even if it isn't, almost every one of the others will be worn enough to no longer be a contender in only six years. It takes three years for them all to rotate out of fed storage and then another three years because some will go right back into storage. The coin isn't going to get a great deal more rare after that because those who have choice examples are going to remain unlikely to spend or allow their coins to be destroyed. Quality won't increase with the passage of time. Some people will find the coin increasingly nostalgic as time goes on and there will be more people using the coin in day to day commerce, but there are people who find the coin interesting NOW. You do certainly have a point. Look how long it's taken for the old clad coins to get a modest following. It has been a couple generations. Even one generation ago (BEFORE THE GRADING SERVICES), it was still possible to find most of the clads for very low prices. Of course the Ikes and Kennedys commanded large premiums (BEFORE THE REGISTRIES) even in those days, but the clads used day to day had almost no following. The same thing applied a generation or two ago: Rare coins are difficult to find and do not get easier with the passage of time. And rare coins do not get more collectible with the passage of time even though it may seem so as larger numbers of people begin collecting them.[/QUOTE]
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Not Even Jody likes Jeff Nickels This Much!!!
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