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<p>[QUOTE="Vegas Vic, post: 1982464, member: 58810"]Thank you for reinforcing my many time stated opinion that modern graded are a sink hole people keep throwing their money down. You <b>had</b> the number 1 set. And you spent a lot of money. On modern graded coins and it didn't work out. I posted an article written by q a while ago which only talks about the plummeting value of modern graded coins. You can talk about cherry picking sets until you are blue in the face. But with most 1974-1977 to date proof coins and most modern commemorative getting 90% < 69 or 70 those chasing the registry dream using moderns to do it seem to lose out.</p><p>I may be just a nobody collector but I listen to what q said. Then I look for myself. The real problem is moderns do not equate to values of old coins. The issue- almost every modern survives. And so there is a seemingly never ending supply of coins you can crack out of ogp and send in. You have populations of thousands and tens of thousands of graded moderns but with literally hundreds of thousands of coins in ogp just waiting to get into the game. Yes there are exceptions but the rule appears to be modern graded coins just lose money.[/QUOTE]</p><p><br /></p>
[QUOTE="Vegas Vic, post: 1982464, member: 58810"]Thank you for reinforcing my many time stated opinion that modern graded are a sink hole people keep throwing their money down. You [B]had[/B] the number 1 set. And you spent a lot of money. On modern graded coins and it didn't work out. I posted an article written by q a while ago which only talks about the plummeting value of modern graded coins. You can talk about cherry picking sets until you are blue in the face. But with most 1974-1977 to date proof coins and most modern commemorative getting 90% < 69 or 70 those chasing the registry dream using moderns to do it seem to lose out. I may be just a nobody collector but I listen to what q said. Then I look for myself. The real problem is moderns do not equate to values of old coins. The issue- almost every modern survives. And so there is a seemingly never ending supply of coins you can crack out of ogp and send in. You have populations of thousands and tens of thousands of graded moderns but with literally hundreds of thousands of coins in ogp just waiting to get into the game. Yes there are exceptions but the rule appears to be modern graded coins just lose money.[/QUOTE]
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