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<p>[QUOTE="cvicisso, post: 1352717, member: 29382"]I agree. But...</p><p><br /></p><p>As medoraman mentions, this is a tricky thing to pull off. Part of the trouble is that the 'old' numismatic stuff already has a premium and it's not likely to change dramatically, and the modern stuff isn't issued <i>for circulation</i>. Therefore - it is assumed to be nearly perfect from the start. It's quality can only go down. </p><p><br /></p><p>Imagine finding a 1921 MS-66 $20 Double Eagle offered for roughly spot today. (For reference: <a href="http://www.ngccoin.com/certlookup/CertResults.aspx?CertNumber=1851013-001" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.ngccoin.com/certlookup/CertResults.aspx?CertNumber=1851013-001" rel="nofollow">http://www.ngccoin.com/certlookup/CertResults.aspx?CertNumber=1851013-001</a>). My reaction would be euphoria.</p><p><br /></p><p>Now imagine finding a 2007 MS-68 Martha Washington gold spouse coin offered the same number of years later for roughly spot in the year 2098 (whatever the price of gold happens to be then). It would still be a killer deal, but because this was a commemorative and NEVER circulated, my first thought would probably be "MS-68??!! Wow, what a dog. I wonder what's wrong with it? Of <i>course </i>I'll only pay spot for that."</p><p><br /></p><p>Modern gold is expected to be perfect (and probably - to stay that way, because it either gets slabbed or stored... it never gets circulated like the old coins did). If you have the money (a LOT of money), and if you're young enough and don't die unexpectedly), you could probably play the game and make some big profits by buying modern gold as a numismatic play. But then you also have to also consider the opportunity cost of what you <i>could have </i>used that money for.</p><p><br /></p><p>Ahhh... everything is about compromise....[/QUOTE]</p><p><br /></p>
[QUOTE="cvicisso, post: 1352717, member: 29382"]I agree. But... As medoraman mentions, this is a tricky thing to pull off. Part of the trouble is that the 'old' numismatic stuff already has a premium and it's not likely to change dramatically, and the modern stuff isn't issued [I]for circulation[/I]. Therefore - it is assumed to be nearly perfect from the start. It's quality can only go down. Imagine finding a 1921 MS-66 $20 Double Eagle offered for roughly spot today. (For reference: [URL]http://www.ngccoin.com/certlookup/CertResults.aspx?CertNumber=1851013-001[/URL]). My reaction would be euphoria. Now imagine finding a 2007 MS-68 Martha Washington gold spouse coin offered the same number of years later for roughly spot in the year 2098 (whatever the price of gold happens to be then). It would still be a killer deal, but because this was a commemorative and NEVER circulated, my first thought would probably be "MS-68??!! Wow, what a dog. I wonder what's wrong with it? Of [I]course [/I]I'll only pay spot for that." Modern gold is expected to be perfect (and probably - to stay that way, because it either gets slabbed or stored... it never gets circulated like the old coins did). If you have the money (a LOT of money), and if you're young enough and don't die unexpectedly), you could probably play the game and make some big profits by buying modern gold as a numismatic play. But then you also have to also consider the opportunity cost of what you [I]could have [/I]used that money for. Ahhh... everything is about compromise....[/QUOTE]
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