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Silver prices and the young collector.
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<p>[QUOTE="Pilkenton, post: 1165652, member: 23961"]I feel sorry for these young collectors who come on this forum bragging about their small collection that they have only to be told there coins are only worth melt. What does this do to their concept of coin collecting? It discouraged me not long ago when I sold a batch of beautiful Franklin half proofs to my local dealer and he threw them in a junk silver bucket on the ground. How would a comic book collector feel if the price of paper skyrocketed and their rare Fantastic Four comic was worth more for it's paper weight than it's rareness.</p><p><br /></p><p>I'm not much of a collector anymore. Silver prices and ebay has made me a decent profit on my silver. I worry about the kids who get excited over a Mercury dime. Kids can't buy the expensive stuff, so the price of silver dictates what they can afford. Now it's not collector prices, but bullion prices. Now it's not a collection, but an investment. Kind of takes the fun out of collecting for kids. It does me.[/QUOTE]</p><p><br /></p>
[QUOTE="Pilkenton, post: 1165652, member: 23961"]I feel sorry for these young collectors who come on this forum bragging about their small collection that they have only to be told there coins are only worth melt. What does this do to their concept of coin collecting? It discouraged me not long ago when I sold a batch of beautiful Franklin half proofs to my local dealer and he threw them in a junk silver bucket on the ground. How would a comic book collector feel if the price of paper skyrocketed and their rare Fantastic Four comic was worth more for it's paper weight than it's rareness. I'm not much of a collector anymore. Silver prices and ebay has made me a decent profit on my silver. I worry about the kids who get excited over a Mercury dime. Kids can't buy the expensive stuff, so the price of silver dictates what they can afford. Now it's not collector prices, but bullion prices. Now it's not a collection, but an investment. Kind of takes the fun out of collecting for kids. It does me.[/QUOTE]
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