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<p>[QUOTE=&quot;PyrotekNX, post: 74286, member: 3918&quot;]I&#039;m not an old time coin collector, but I would have to agree that the old days were much better.&nbsp; There are too many collectors these days.</p><p><br /></p><p>I&#039;ve searched through thousands of dollars worth of rolls and have come up with very little returns.</p><p><br /></p><p>I have never found an indian head, buff, merc, walker, etc from circulation.&nbsp; </p><p><br /></p><p>I think the #1 reason why people are collecting and hoarding coins is simply because our economy is down the toilet.&nbsp; Inflation is so high that our govt can&#039;t even afford to mint copper, let alone silver, gold or platinum.&nbsp; The melt value for silver is much higher than face value.&nbsp; Out of hundreds of rolls and from working as a cashier, I have only found 1 silver quarter this year.&nbsp; In the early 1900&#039;s, you could buy a loaf of bread for 1 cent, now it&#039;s about $2.&nbsp; At the time there really wasn&#039;t any inflation.</p><p><br /></p><p>When silver and gold coins were minted, the dollar was very strong.&nbsp; It&#039;s not the coin itself that has more value.&nbsp; The value of these coins is the same as they were as minted.&nbsp; When compared to the value of the dollar, these coins appear to be much higher in value.&nbsp; Which is why so many people collect now.</p><p><br /></p><p>Every collection that I know of has been cherry picked years and years ago.&nbsp; There aren&#039;t many old time collections still in tact, many of the old timers are dying out.&nbsp; Their collections end up being bought up at estate sales and are being sold in small lots on ebay.&nbsp; Of course only after the best stuff was cherry picked.</p><p><br /></p><p>I consider every coin in circulation right now to be junk, clad coins have absolutely no vaue whatsoever.&nbsp; I wouldn&#039;t even consider buying a proof set unless it had 90% silver dime, quarter, half, and dollar.</p><p><br /></p><p>My grandparents were collectors, my grandfather was born in the early 1900&#039;s and he had a lot of coins.&nbsp; He had rolls of barbers, a bunch of morgans, etc.&nbsp;&nbsp; They stopped collecting when silver coins went out of production.&nbsp; A few years before he died, he went on vacation and when he came back, his best coins were missing.&nbsp; He claims the landscaper came in when he was away and went through all of his things and took only the most valuable stuff and left the rest.</p><p><br /></p><p>He claimed to have a gold piece the size of a penny, who knows what else he had that was stolen.&nbsp; He had coins all over the place, my uncle found some and sold them, my father found a small bag of silver in his closet.&nbsp; I found a piece of his collection in a filing cabinet.</p><p><br /></p><p>I also had a coin collection as a kid.&nbsp; My father had bought a bunch of proof sets and I had a few silver coins.&nbsp; I never found out what happened, but I think they all got sold off.</p><p><br /></p><p>I just recently became interested in coin collecting again.&nbsp; Even finding a wheatie now is a rarity, out of a 2500 penny box of rolls, I&#039;m lucky to get 10-20.</p><p><br /></p><p>Ever since the internet, coin collectng has become huge, so many people are now aware of rare coin varieties.&nbsp; Before the internet, the primary sources of information were from either books or word of mouth.</p><p><br /></p><p>As tomn66 pointed out, in the early 60&#039;s, good coins could still be found in circulation.&nbsp; Most of the good coins were pulled out in the 70s when the price of silver skyrocketed.[/QUOTE]</p><p><br /></p>

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