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<p>[QUOTE="Al Kowsky, post: 3718703, member: 97383"]Suarez makes some solid points in his article <b>This Dying Hobby</b>. One segment of the hobby that's really in trouble is modern machine struck coinage. The over commercialization of these coins enhanced by 3rd party grading companies compiling census reports doesn't help matters either. If modern coins aren't slabbed there isn't a market for them <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie3" alt=":(" unselectable="on" unselectable="on" />. Expensive modern coins really need to be slabbed because the fake coin market is growing by leaps & bounds. Herein lies the dichotomy, if you don't slab them they don't sell & if you do slab them you make them more expensive <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie4" alt=":mad:" unselectable="on" unselectable="on" />. This phenomenon is a good thing for ancient coin collectors because many collectors are switching from modern to ancient coins. The ancient coin market hasn't been exploited like modern coins have, not yet anyway <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie85" alt=":smuggrin:" unselectable="on" unselectable="on" />.[/QUOTE]</p><p><br /></p>
[QUOTE="Al Kowsky, post: 3718703, member: 97383"]Suarez makes some solid points in his article [B]This Dying Hobby[/B]. One segment of the hobby that's really in trouble is modern machine struck coinage. The over commercialization of these coins enhanced by 3rd party grading companies compiling census reports doesn't help matters either. If modern coins aren't slabbed there isn't a market for them :(. Expensive modern coins really need to be slabbed because the fake coin market is growing by leaps & bounds. Herein lies the dichotomy, if you don't slab them they don't sell & if you do slab them you make them more expensive :mad:. This phenomenon is a good thing for ancient coin collectors because many collectors are switching from modern to ancient coins. The ancient coin market hasn't been exploited like modern coins have, not yet anyway :smuggrin:.[/QUOTE]
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