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<p>[QUOTE="PyrotekNX, post: 94576, member: 3918"]Young collectors like me have a disadvantage because gold and silver are high and all the good coins have been snatched up by collectors long before they were even born.</p><p><br /></p><p>There hasn't been any good coins in circulation since I was born basically. Everything is clad garbage and they are little more than tokens IMHO.</p><p><br /></p><p>The mint has not made a real coin since 1964.</p><p><br /></p><p>State quarters, mint and clad proof sets, westward journey, sackies, etc. are not going to hold their value like other coins. Once the hype does down, state quarters are going to be absolutely worthless. So many have been minted that it's too easy to put a collection together of moderns. It might be a good idea to put a collection away because who knows if they will have any value in the years to come. Based on experience, I have doubts that moderns will ever hold much of a premium.</p><p><br /></p><p>Sackies will probably never be worth more than $1.</p><p><br /></p><p>There are too many collectors out there and there is too much competition. My family started collecting coins back in the mid 1800's. If I had my Grandfather's complete colelction, it would be worth thousands. When I was a kid, my grandparents had barber halfs by the roll.</p><p><br /></p><p>My Grandfather was born in 1911, he collected and hoarded coins for years and years.</p><p><br /></p><p>When my Grandfather went on vacation, he came home to find someone broke in and cherrypicked his collection. His gold was gone and who knows what else he lost. Years later, I found his 'junk' coin collection which was about 70 ikes, 16 barber halfs, a morgan and a 1921 high relief peace dollar.</p><p><br /></p><p>The old coins are so collectible now because there isn't enough to go around to everyone. They were minted when the US population was much smaller. In the 1800's coins were minted by the hundreds of thousands or millions, now billions upon billions of them are minted every year. There simply isn't enough to go around.</p><p><br /></p><p>I don't see a future in US coin collecting. The only moderns I really collect are silver proofs and bullion coins. I have at least a 75% complete collection of kennedys, but I have not bought an album for it yet because clad coins really are not that interesting to me.[/QUOTE]</p><p><br /></p>
[QUOTE="PyrotekNX, post: 94576, member: 3918"]Young collectors like me have a disadvantage because gold and silver are high and all the good coins have been snatched up by collectors long before they were even born. There hasn't been any good coins in circulation since I was born basically. Everything is clad garbage and they are little more than tokens IMHO. The mint has not made a real coin since 1964. State quarters, mint and clad proof sets, westward journey, sackies, etc. are not going to hold their value like other coins. Once the hype does down, state quarters are going to be absolutely worthless. So many have been minted that it's too easy to put a collection together of moderns. It might be a good idea to put a collection away because who knows if they will have any value in the years to come. Based on experience, I have doubts that moderns will ever hold much of a premium. Sackies will probably never be worth more than $1. There are too many collectors out there and there is too much competition. My family started collecting coins back in the mid 1800's. If I had my Grandfather's complete colelction, it would be worth thousands. When I was a kid, my grandparents had barber halfs by the roll. My Grandfather was born in 1911, he collected and hoarded coins for years and years. When my Grandfather went on vacation, he came home to find someone broke in and cherrypicked his collection. His gold was gone and who knows what else he lost. Years later, I found his 'junk' coin collection which was about 70 ikes, 16 barber halfs, a morgan and a 1921 high relief peace dollar. The old coins are so collectible now because there isn't enough to go around to everyone. They were minted when the US population was much smaller. In the 1800's coins were minted by the hundreds of thousands or millions, now billions upon billions of them are minted every year. There simply isn't enough to go around. I don't see a future in US coin collecting. The only moderns I really collect are silver proofs and bullion coins. I have at least a 75% complete collection of kennedys, but I have not bought an album for it yet because clad coins really are not that interesting to me.[/QUOTE]
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