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<p>[QUOTE="Kasia, post: 3524294, member: 31533"]General info for people who possibly might benefit:</p><p><br /></p><p>MS65+ does not have any intrinsic meaning for many coins, so by itself and no other considerations, cannot be used as the determinator for keeping a coin and looking for a profit in the future. Though it is likely that most, if not all or nearly all (like as in the proverbial 99.9999999% figure) MS 65 or above coins will, over time, increase in value over time (meaning over face value), that does not mean they will ever really get valued like some coins ONLY based on being MS65 (or above). Some issues really only rise to more astronomical values based on being true gems (MS67 or more) and only when this is a true conditional rarity. This generally follows only when 1) there are the collectors who are interested in having these and the number of collectors is sufficient to give competition in acquiring them or 2) there is one person who truly desires to own that who will pay for the privilege without competing buyers. I've deliberately left out other possibilities like someone purchases for way more than it really is worth just because they are stupid. Yeah, that is a thing and it happens.</p><p><br /></p><p>That said, Rare also does not have any intrinsic value. You can have a really rare coin, but it may never increase in value over time either absolute money-wise (i.e., it's value is 1$ in 1950 and still 1$ in 2050) or compared to buying power (it does go up, say between 1950 and 2050 but when you look at what a dollar bought in 1950 and what it buys in 2050, you have no change). Many times, rare is only rare until all of a sudden more are found in a hoard or have been hidden in private collections and not offered for sale (and thus become 'known') until after when one fetches some really big price. Rare also does not matter if condition is so poor that collectors don't want them in that condition or there is no interest at all in collecting them.</p><p><br /></p><p>In some cases, rarity and top condition still don't bring profits to people --- even in coins.</p><p><br /></p><p>More can be said, but this is basic.[/QUOTE]</p><p><br /></p>
[QUOTE="Kasia, post: 3524294, member: 31533"]General info for people who possibly might benefit: MS65+ does not have any intrinsic meaning for many coins, so by itself and no other considerations, cannot be used as the determinator for keeping a coin and looking for a profit in the future. Though it is likely that most, if not all or nearly all (like as in the proverbial 99.9999999% figure) MS 65 or above coins will, over time, increase in value over time (meaning over face value), that does not mean they will ever really get valued like some coins ONLY based on being MS65 (or above). Some issues really only rise to more astronomical values based on being true gems (MS67 or more) and only when this is a true conditional rarity. This generally follows only when 1) there are the collectors who are interested in having these and the number of collectors is sufficient to give competition in acquiring them or 2) there is one person who truly desires to own that who will pay for the privilege without competing buyers. I've deliberately left out other possibilities like someone purchases for way more than it really is worth just because they are stupid. Yeah, that is a thing and it happens. That said, Rare also does not have any intrinsic value. You can have a really rare coin, but it may never increase in value over time either absolute money-wise (i.e., it's value is 1$ in 1950 and still 1$ in 2050) or compared to buying power (it does go up, say between 1950 and 2050 but when you look at what a dollar bought in 1950 and what it buys in 2050, you have no change). Many times, rare is only rare until all of a sudden more are found in a hoard or have been hidden in private collections and not offered for sale (and thus become 'known') until after when one fetches some really big price. Rare also does not matter if condition is so poor that collectors don't want them in that condition or there is no interest at all in collecting them. In some cases, rarity and top condition still don't bring profits to people --- even in coins. More can be said, but this is basic.[/QUOTE]
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