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<p>[QUOTE="Good Cents, post: 8522057, member: 100720"]I've written on CT about how I got my young nephews into coin collecting and they have friends who are into it as well. They do coin trades with their friends and with each other. They use their allowance to buy coins and have been enjoying the hobby a lot these past few years. I bought them each binders and flips and they love organizing and showing off their new acquisitions. These are kids ages 9-12.</p><p><br /></p><p>The kids love the 24k Gold Plated Quarters. Their friends like them so much that their friends trade 90% silver coins for those Gold Plated Quarters!</p><p><br /></p><p>Value in collecting is in the eyes of the beholder.</p><p><br /></p><p>I have no interest in collecting what people call "Nicely Toned Coins". The term "Nice Toning" is an oxymoron to my mind. (I believe the trend to value them started with a con man who said to a very wealthy guy, "Hey, aren't these gorgeous colors on the coins? Toned coins are the new trend!" And the wealthy guy said, "Yeah, I guess they are kind of nice." The con man said, "These are in very high demand right now. They are very rare and hard to find. But because I need to move some inventory I would be willing to sell them to you at a great discount." And the wealthy guy bought them, and proudly showed them off to his friends. And because he was extremely wealthy people had a lot of respect for him and believed him when he said that this was a new trend in coin collecting. And thus was born the idea of valuing "Nice Toning" and it became something that some coin collectors put a high value on.)</p><p><br /></p><p>I personally don't like toned coins, and I don't understand why people like what I think of as damage, so I won't buy them. But why call "worthless" or put down what others like to collect?</p><p><br /></p><p>For all we know dents in cars will be the next big thing and "Nice Denting" will be the trend!</p><p><br /></p><p>The point is, if people find joy in collecting, they should buy what they like, not for value to pass on to their descendants, but for the joy of collecting.</p><p><br /></p><p>As [USER=77814]@Clawcoins[/USER] wrote, we live in a capitalistic society and it's always a good idea to compare prices because they can vary widely. But that goes for anything we buy. Some sellers gouge you on the shipping charges. Buyers should always beware.</p><p><br /></p><p>One of the reasons Littleton, Franklin and other such companies do so well is because of their marketing. They have loads of mass marketing to non-collectors around the country. Local coin shops don't do mass marketing. The U.S. Mint doesn't put flyers into clothing catalogs, newspapers, magazines or advertise on TV. Nowadays people can just Google for things, but for most of the time that these collections were bought, either Google didn't exist or the people buying from Littleton never thought to do price comparisons online because they didn't do much of anything online.</p><p><br /></p><p>But in terms of what coin collectors should value and what they shouldn't value - colored coins, gold coins, toned coins, etc, why not allow everyone to decide their own values based on their likes and dislikes? Telling people that what they value in their collections, or what their loved ones valued is worthless and they were cheated seems kind of cruel to me. Saying that there isn't a high demand for those items now and that the market isn't paying those prices at this time is honest and less cruel. And it doesn't put a judgment on what collectors like to collect.</p><p><br /></p><p>How many parents threw out their kids' old baseball cards or comic books from the 1950's and how much would they be worth nowadays?</p><p><br /></p><p>For all we know, colored quarters will be more valued in 100 years from now than toned coins are!</p><p><br /></p><p>Anyway, if you inherited any Gold or Colored coins, I would be happy to buy them from you for my nephews who will be more than happy to collect them and trade them with their friends! Which just gave me the idea to post that on the "Want" forum here on CT! Thanks for the idea! <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> (I usually buy them the gold and colored quarters from the cheapest sellers on eBay.)[/QUOTE]</p><p><br /></p>
[QUOTE="Good Cents, post: 8522057, member: 100720"]I've written on CT about how I got my young nephews into coin collecting and they have friends who are into it as well. They do coin trades with their friends and with each other. They use their allowance to buy coins and have been enjoying the hobby a lot these past few years. I bought them each binders and flips and they love organizing and showing off their new acquisitions. These are kids ages 9-12. The kids love the 24k Gold Plated Quarters. Their friends like them so much that their friends trade 90% silver coins for those Gold Plated Quarters! Value in collecting is in the eyes of the beholder. I have no interest in collecting what people call "Nicely Toned Coins". The term "Nice Toning" is an oxymoron to my mind. (I believe the trend to value them started with a con man who said to a very wealthy guy, "Hey, aren't these gorgeous colors on the coins? Toned coins are the new trend!" And the wealthy guy said, "Yeah, I guess they are kind of nice." The con man said, "These are in very high demand right now. They are very rare and hard to find. But because I need to move some inventory I would be willing to sell them to you at a great discount." And the wealthy guy bought them, and proudly showed them off to his friends. And because he was extremely wealthy people had a lot of respect for him and believed him when he said that this was a new trend in coin collecting. And thus was born the idea of valuing "Nice Toning" and it became something that some coin collectors put a high value on.) I personally don't like toned coins, and I don't understand why people like what I think of as damage, so I won't buy them. But why call "worthless" or put down what others like to collect? For all we know dents in cars will be the next big thing and "Nice Denting" will be the trend! The point is, if people find joy in collecting, they should buy what they like, not for value to pass on to their descendants, but for the joy of collecting. As [USER=77814]@Clawcoins[/USER] wrote, we live in a capitalistic society and it's always a good idea to compare prices because they can vary widely. But that goes for anything we buy. Some sellers gouge you on the shipping charges. Buyers should always beware. One of the reasons Littleton, Franklin and other such companies do so well is because of their marketing. They have loads of mass marketing to non-collectors around the country. Local coin shops don't do mass marketing. The U.S. Mint doesn't put flyers into clothing catalogs, newspapers, magazines or advertise on TV. Nowadays people can just Google for things, but for most of the time that these collections were bought, either Google didn't exist or the people buying from Littleton never thought to do price comparisons online because they didn't do much of anything online. But in terms of what coin collectors should value and what they shouldn't value - colored coins, gold coins, toned coins, etc, why not allow everyone to decide their own values based on their likes and dislikes? Telling people that what they value in their collections, or what their loved ones valued is worthless and they were cheated seems kind of cruel to me. Saying that there isn't a high demand for those items now and that the market isn't paying those prices at this time is honest and less cruel. And it doesn't put a judgment on what collectors like to collect. How many parents threw out their kids' old baseball cards or comic books from the 1950's and how much would they be worth nowadays? For all we know, colored quarters will be more valued in 100 years from now than toned coins are! Anyway, if you inherited any Gold or Colored coins, I would be happy to buy them from you for my nephews who will be more than happy to collect them and trade them with their friends! Which just gave me the idea to post that on the "Want" forum here on CT! Thanks for the idea! :) (I usually buy them the gold and colored quarters from the cheapest sellers on eBay.)[/QUOTE]
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