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<p>[QUOTE="medoraman, post: 970692, member: 26302"]TBH, I have never liked key date collectors. I mean people who will only collect 1877 indian head cents, and no other ones. I have met such collectors before, the only thrill they get is by amassing lots of keys other collectors need to complete their sets. It has always struck me as odd how they get so much pleasure in denying so many people the ability to complete their sets. I even met one gentleman who had 2.5 rolls of 1877 cents and gleefully talked about how so many other collectors could complete their sets except for him going to every show buying up all of the 1877's. He especially like to find dealers with a complete set and talk them into breaking the 1877 out for him. Weird bird. Did he make money? Yeah, he bought them up when they were $100-$150 a peice.</p><p><br /></p><p>Keys always get attention because they are "famous", but at todays pricing and due to lack of as many people putting together complete sets, I think they are way overvalued versus availability. Yes, many are not very available in certain grades, but that is grade scarcity not key date scarcity. An 1877 cent I do not believe is 1,000 times scarcer than an 1890 or similar. Its an artificial price since it is famous.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 970692, member: 26302"]TBH, I have never liked key date collectors. I mean people who will only collect 1877 indian head cents, and no other ones. I have met such collectors before, the only thrill they get is by amassing lots of keys other collectors need to complete their sets. It has always struck me as odd how they get so much pleasure in denying so many people the ability to complete their sets. I even met one gentleman who had 2.5 rolls of 1877 cents and gleefully talked about how so many other collectors could complete their sets except for him going to every show buying up all of the 1877's. He especially like to find dealers with a complete set and talk them into breaking the 1877 out for him. Weird bird. Did he make money? Yeah, he bought them up when they were $100-$150 a peice. Keys always get attention because they are "famous", but at todays pricing and due to lack of as many people putting together complete sets, I think they are way overvalued versus availability. Yes, many are not very available in certain grades, but that is grade scarcity not key date scarcity. An 1877 cent I do not believe is 1,000 times scarcer than an 1890 or similar. Its an artificial price since it is famous.[/QUOTE]
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