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<p>[QUOTE="cladking, post: 818575, member: 68"]To each his own and it's very easy to understand why many people don't care much for clad copins or any modern circulating coins. While their artistic merit is sure to be more greatly appreciated in time they are never going to be considered "high art" in all probability. They tend toward the mundane in design and execution. Most people either can't stand that they are base metal or can't stand what they represent or both. This will change a little bit in the short run and a lot in the longer run no doubt but most individuals who hate them aren't going to change their minds. </p><p><br /></p><p>I'm the exception but I not only prefer the art of the Ike to the Morgan but in a sense I prefer the metallic content. No, I love silver and am its #1 fan but if Ikes were made of silver then many more would have been set aside and they wouldn't be unappreciated. Like the clad quarters it's the very fact that they are clad that has allowed them to pass under the radar so we sight seers could seek them out and their numbers would dwindle away over time. Many millions of 1964 quarters were set aside by collectors and the general public and these might remain common for another thousand years. They'll probably never be rare. But every year another 2 or 3% of 1965 quarters are lost forever and 90% of the survivors get degraded a little more. </p><p><br /></p><p>To me this is exciting just watching this process unfold. Even if the Ikes and quarters never get very popular it's fun to watch and fun to have an interest in it. It's a hoot to watch the coins in circulation since they aren't picked over like the silver coins back in the 1950's were. There's a lot these coins can teach and lots of insights into the way things work. If they were all picked over the story would be harder to see. </p><p><br /></p><p>I didn't mean to imply that many people might be priced out of the Ikes at the current time. I believe that few moderns will get much interest as sets except in nice choice condition. Sure some of the key dates will be collected in lower grades but for the foreseeable future I think most collectors will want the bulk of their sets in choice. The supply of Ikes is so thin in choice condition that when demand is high enough to push the privce of these up the gems will simply go through the roof. It might not have much effect on the very highest grades but demand will manifest and spill over into gems and this will push their price out of reach of collectors of more modest means. </p><p><br /></p><p>I foresee a pricing structure where the spread between MS-64 and MS-67 isn't nearly so great as the current time. Prices will drop off quickly below MS-63 though except for varieties. This will more closely resemble the relative availability of the coins. Current prices are heavily weighted to what the most advanced and registry collectors demand. The number of these collectors will increase as well but perhaps not nearly so fast as the number of those just seeking nice attractive sets.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 818575, member: 68"]To each his own and it's very easy to understand why many people don't care much for clad copins or any modern circulating coins. While their artistic merit is sure to be more greatly appreciated in time they are never going to be considered "high art" in all probability. They tend toward the mundane in design and execution. Most people either can't stand that they are base metal or can't stand what they represent or both. This will change a little bit in the short run and a lot in the longer run no doubt but most individuals who hate them aren't going to change their minds. I'm the exception but I not only prefer the art of the Ike to the Morgan but in a sense I prefer the metallic content. No, I love silver and am its #1 fan but if Ikes were made of silver then many more would have been set aside and they wouldn't be unappreciated. Like the clad quarters it's the very fact that they are clad that has allowed them to pass under the radar so we sight seers could seek them out and their numbers would dwindle away over time. Many millions of 1964 quarters were set aside by collectors and the general public and these might remain common for another thousand years. They'll probably never be rare. But every year another 2 or 3% of 1965 quarters are lost forever and 90% of the survivors get degraded a little more. To me this is exciting just watching this process unfold. Even if the Ikes and quarters never get very popular it's fun to watch and fun to have an interest in it. It's a hoot to watch the coins in circulation since they aren't picked over like the silver coins back in the 1950's were. There's a lot these coins can teach and lots of insights into the way things work. If they were all picked over the story would be harder to see. I didn't mean to imply that many people might be priced out of the Ikes at the current time. I believe that few moderns will get much interest as sets except in nice choice condition. Sure some of the key dates will be collected in lower grades but for the foreseeable future I think most collectors will want the bulk of their sets in choice. The supply of Ikes is so thin in choice condition that when demand is high enough to push the privce of these up the gems will simply go through the roof. It might not have much effect on the very highest grades but demand will manifest and spill over into gems and this will push their price out of reach of collectors of more modest means. I foresee a pricing structure where the spread between MS-64 and MS-67 isn't nearly so great as the current time. Prices will drop off quickly below MS-63 though except for varieties. This will more closely resemble the relative availability of the coins. Current prices are heavily weighted to what the most advanced and registry collectors demand. The number of these collectors will increase as well but perhaps not nearly so fast as the number of those just seeking nice attractive sets.[/QUOTE]
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