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Some of the first "W" Quarters found
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<p>[QUOTE="Puddin'Farts, post: 3514557, member: 100439"]As mentioned in my last post, I am down to sarcasm and over it. My beginning point was that(In my ignorance to investments I suppose*sarcasm again*) this particular coin is going to hold nowhere close to the initial hype value. As everyone says, a collectable of any sort is only worth what someone is willing to pay. Unfortunately, I would bet as much money as it sold for that in 10 years time, this hype coin will be an ultimate loss to the buyer and that bet would lead to a much more favorable outcome for myself. Simply looking at "Discovery Coins" of the past such as Morgan Dollar VAMs and even major error varieties, it is plain to see that unless the buyer already has 1 of the 2 million and plans to buy up the rest so the supply is constantly less than demand, it will be a big let down. There are 1,999,998 more coins to surface at some point. One post on here shows that all you need is a cashier's job or to buy bags and rolls to eventually have one. I know that I'm not the only one still coming across 2005-present state quarters that could just as easily pass off in "Uncirculated Condition". What I do stand to learn is even a rough estimate on how many Washington specific collectors there really are out there so if you have that ballpark number, please share.I believe the reason that this coin was hyped is specifically to spark new interest in potential coin collectors? That would stand to reason that quite possibly the Market itself has become more important than the hobby to the younger generations, for the minority of the new generation that bothers. Supply VS Demand is the argument in an investment and I don't believe many people stand to argue that. The value of Proof Sets alone would skyrocket if there were more than 2 million people at one time wanting every year of modern proofs based on mintage numbers. Yet you can somehow manage to find them a dime a dozen? In the end, I agree that I could still benefit from knowledge of coins, but I cannot justify thinking this particular coin is something that is out of my realm if the knowledge that I have aquired up to today in my life.I suppose we will all look back on my ignorant opinion in 10-15yrs, maybe sooner, and reevaluate how much I was wrong.[/QUOTE]</p><p><br /></p>
[QUOTE="Puddin'Farts, post: 3514557, member: 100439"]As mentioned in my last post, I am down to sarcasm and over it. My beginning point was that(In my ignorance to investments I suppose*sarcasm again*) this particular coin is going to hold nowhere close to the initial hype value. As everyone says, a collectable of any sort is only worth what someone is willing to pay. Unfortunately, I would bet as much money as it sold for that in 10 years time, this hype coin will be an ultimate loss to the buyer and that bet would lead to a much more favorable outcome for myself. Simply looking at "Discovery Coins" of the past such as Morgan Dollar VAMs and even major error varieties, it is plain to see that unless the buyer already has 1 of the 2 million and plans to buy up the rest so the supply is constantly less than demand, it will be a big let down. There are 1,999,998 more coins to surface at some point. One post on here shows that all you need is a cashier's job or to buy bags and rolls to eventually have one. I know that I'm not the only one still coming across 2005-present state quarters that could just as easily pass off in "Uncirculated Condition". What I do stand to learn is even a rough estimate on how many Washington specific collectors there really are out there so if you have that ballpark number, please share.I believe the reason that this coin was hyped is specifically to spark new interest in potential coin collectors? That would stand to reason that quite possibly the Market itself has become more important than the hobby to the younger generations, for the minority of the new generation that bothers. Supply VS Demand is the argument in an investment and I don't believe many people stand to argue that. The value of Proof Sets alone would skyrocket if there were more than 2 million people at one time wanting every year of modern proofs based on mintage numbers. Yet you can somehow manage to find them a dime a dozen? In the end, I agree that I could still benefit from knowledge of coins, but I cannot justify thinking this particular coin is something that is out of my realm if the knowledge that I have aquired up to today in my life.I suppose we will all look back on my ignorant opinion in 10-15yrs, maybe sooner, and reevaluate how much I was wrong.[/QUOTE]
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Some of the first "W" Quarters found
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