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<p>[QUOTE="fivespot, post: 308806, member: 11494"]Hey everybody. I'm new to this forum, but I've been collecting coins for a few years now.</p><p> </p><p>I've got a question for some seasoned-coin collectors though: what' going on with the census numbers for modern US coins?</p><p> </p><p>For example, I see the gold buffalo coins that just came out for 2006 and 2007...well, the amount of coins in MS70 are just crazy! I can't find the official census figures on NGC's web site, but I see people on ebay selling them, some offering 100 coins graded in MS70 in a single auction!</p><p> </p><p>I was so happy when the US Mint came out with buffalos in 2006 thinking, wow...here's my chance to start a really nice collection from the first year! Only now, I see last year--and also this year--are only worth their proverbial weight in gold because there's just too many of them!</p><p> </p><p>I look at silver eagle sets minted in ms70 and from 1986 to present, it looks like those sets are worth over $40,000!</p><p> </p><p>So my question is, why are so many people grading coins now...why were there such low census figures 20 years ago and now today the market seems saturated?</p><p> </p><p>Does anyone know of any new modern coins the mint may be coming out with that everyone and his brother WON'T send out for grading?</p><p><br /></p><p>Thanks for any comments.[/QUOTE]</p><p><br /></p>
[QUOTE="fivespot, post: 308806, member: 11494"]Hey everybody. I'm new to this forum, but I've been collecting coins for a few years now. I've got a question for some seasoned-coin collectors though: what' going on with the census numbers for modern US coins? For example, I see the gold buffalo coins that just came out for 2006 and 2007...well, the amount of coins in MS70 are just crazy! I can't find the official census figures on NGC's web site, but I see people on ebay selling them, some offering 100 coins graded in MS70 in a single auction! I was so happy when the US Mint came out with buffalos in 2006 thinking, wow...here's my chance to start a really nice collection from the first year! Only now, I see last year--and also this year--are only worth their proverbial weight in gold because there's just too many of them! I look at silver eagle sets minted in ms70 and from 1986 to present, it looks like those sets are worth over $40,000! So my question is, why are so many people grading coins now...why were there such low census figures 20 years ago and now today the market seems saturated? Does anyone know of any new modern coins the mint may be coming out with that everyone and his brother WON'T send out for grading? Thanks for any comments.[/QUOTE]
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