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<p>[QUOTE="Midas, post: 64332, member: 2761"]Good question...</p><p><br /></p><p>Keys will not only be keys, but they will get more "keyed". You have a given amount of coins (with the exception of a found hoard) offered to an ever increasing collector/population base. That means less key coins for the population in the year 2020 than for us in 2005.</p><p><br /></p><p>I remember at age 10 or so looking in the Red Book and the 1909S-VDB was going for $550 in BU condition. Well, at that time, it could have been $5 million, but as long as collectors have been around, you just can't help notice those columns (i.e., in a Red Book) of those key coins whose prices are listed in <b>dollars</b> compared to the commons listed in <b>cents</b>.</p><p><br /></p><p>As long as we live in a free capitialist society and can handle the ill market effects of terrorism (look at the market after 9/11), keys will always be keys and the keys will always go up...if no hoard is found.</p><p><br /></p><p>The advantage you have today than what I had 30 years ago is that if you buy a key date coin, I would make sure it is authenticated/slabbed. Actually, I am glad I could NOT afford keys early on as a collector as I think back to all of those coin shows where these dealers were letting me hold and look at the 1909S-VDB or 1914D examples. I am sure I had "newbie" or sucker all over my forehead and could have been an easy mark to buy one of these coins.</p><p><br /></p><p>I was reading a recent David Bowers article that stated years ago that over <b>HALF</b> of the 1916-D Merc's being sold on a one coin show floor were counterfeit! I am sure that many of the these dealers (knowingly or not) were looking for newbies to unload their junk.</p><p><br /></p><p>So, I could only wish that I had something like this (internet) when I was young. I had to read actual books which is something many young people don't wish to do. They figured if they can't find the answer to their question in 2 or 3 clicks of the mouse, they forget it...or much worst, they get great advice here only to ask the <u>same</u> question again in a mindless thread, just to increase their post numbers.</p><p><br /></p><p>Knowledge is key! Learn it and live it.[/QUOTE]</p><p><br /></p>
[QUOTE="Midas, post: 64332, member: 2761"]Good question... Keys will not only be keys, but they will get more "keyed". You have a given amount of coins (with the exception of a found hoard) offered to an ever increasing collector/population base. That means less key coins for the population in the year 2020 than for us in 2005. I remember at age 10 or so looking in the Red Book and the 1909S-VDB was going for $550 in BU condition. Well, at that time, it could have been $5 million, but as long as collectors have been around, you just can't help notice those columns (i.e., in a Red Book) of those key coins whose prices are listed in [B]dollars[/B] compared to the commons listed in [B]cents[/B]. As long as we live in a free capitialist society and can handle the ill market effects of terrorism (look at the market after 9/11), keys will always be keys and the keys will always go up...if no hoard is found. The advantage you have today than what I had 30 years ago is that if you buy a key date coin, I would make sure it is authenticated/slabbed. Actually, I am glad I could NOT afford keys early on as a collector as I think back to all of those coin shows where these dealers were letting me hold and look at the 1909S-VDB or 1914D examples. I am sure I had "newbie" or sucker all over my forehead and could have been an easy mark to buy one of these coins. I was reading a recent David Bowers article that stated years ago that over [B]HALF[/B] of the 1916-D Merc's being sold on a one coin show floor were counterfeit! I am sure that many of the these dealers (knowingly or not) were looking for newbies to unload their junk. So, I could only wish that I had something like this (internet) when I was young. I had to read actual books which is something many young people don't wish to do. They figured if they can't find the answer to their question in 2 or 3 clicks of the mouse, they forget it...or much worst, they get great advice here only to ask the [U]same[/U] question again in a mindless thread, just to increase their post numbers. Knowledge is key! Learn it and live it.[/QUOTE]
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