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<p>[QUOTE="cladking, post: 265184, member: 68"]It sounds like what you're saying is that "everyone" has $3,000 to spend</p><p>for rare Barbers but not everyone has lots of money to pay for high grades.</p><p>No matter who says it, it tends to sound about the same way. </p><p><br /></p><p>This isn't to say that I support spending lots of money on any specific coin.</p><p>People should buy what they like and what they understand. If you can't </p><p>understand why a coin only slightly better than another one should bring</p><p>a huge premium then don't buy it. If you don't understand why coins that</p><p>are worn and widely available should bring a huge premium then don't buy </p><p>those either.</p><p><br /></p><p>Here's the way I look at it. I can buy a 1980 mint set with a Denver cent in</p><p>it that is just beautiful. Most 1980 mint sets have a disgusting, beat up and</p><p>often spotted Denver cent and finding a nice clean coin with a solid strike will</p><p>take looking at about 100 sets. That makes this a fairly scrce coin. It might </p><p>not be as scarce as a '95-W eagle in MS-70 but it's on par with a '13-S quar-</p><p>ter. The set will cost seven or eight dollars but you get most of that back if</p><p>you spend the rest of the coins. </p><p><br /></p><p>Collect what you want and learn market prices. This means sell some coins </p><p>once in a while. But if you just want to make money with a view to the end-</p><p>ing of the Lincoln cent then it's pretty tough to beat a nice MS-66 1980-D. Of</p><p>course if you go out to buy this coin it will be a lot easier than looking at mint</p><p>sets and it will cost a little more. You might never get back the premium, but</p><p>it will save you the work of looking for mint sets. If you're collecting then look-</p><p>ing for the coins is even more fun and that's what the hobby is really about.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 265184, member: 68"]It sounds like what you're saying is that "everyone" has $3,000 to spend for rare Barbers but not everyone has lots of money to pay for high grades. No matter who says it, it tends to sound about the same way. This isn't to say that I support spending lots of money on any specific coin. People should buy what they like and what they understand. If you can't understand why a coin only slightly better than another one should bring a huge premium then don't buy it. If you don't understand why coins that are worn and widely available should bring a huge premium then don't buy those either. Here's the way I look at it. I can buy a 1980 mint set with a Denver cent in it that is just beautiful. Most 1980 mint sets have a disgusting, beat up and often spotted Denver cent and finding a nice clean coin with a solid strike will take looking at about 100 sets. That makes this a fairly scrce coin. It might not be as scarce as a '95-W eagle in MS-70 but it's on par with a '13-S quar- ter. The set will cost seven or eight dollars but you get most of that back if you spend the rest of the coins. Collect what you want and learn market prices. This means sell some coins once in a while. But if you just want to make money with a view to the end- ing of the Lincoln cent then it's pretty tough to beat a nice MS-66 1980-D. Of course if you go out to buy this coin it will be a lot easier than looking at mint sets and it will cost a little more. You might never get back the premium, but it will save you the work of looking for mint sets. If you're collecting then look- ing for the coins is even more fun and that's what the hobby is really about.[/QUOTE]
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