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<p>[QUOTE="littlehugger, post: 3329951, member: 58633"]Um, my point is that quantity is often preferable to "quality"</p><p> As you stated, its easy to find very high grades in some types of common coins. </p><p> In that case, you can get a lot of coin for your money. Face value from new, unopened rolls. In which case, you cant lose money. </p><p> Also, since they can be presumed very high grade right out of the roll, you dont have to waste money on a TPG </p><p> One investment many miss, because its boring and takes a long time to payoff, is to simply cherry pick high grade coins at face value out of rolls and pocket change, and throw them back and wait.</p><p> I am old enough to remember silver, and copper coins. If I had had some money to invest in face value coins then, I would be rich now.</p><p> Copper is the new silver, but only for the very patient. </p><p> One day, we will stop making cents, and maybe nickels too. When that happens, everybody and his dog will try to sell their copper for a profit. Of course, prices will then go down. And will only rise slowly with time.</p><p> The real profit will be in selling them for numismatic value. Especially nickels, as they have inherent value that zinc cents dont.</p><p> Look at Morgan dollars vs ASE's. </p><p>ASE's are heavier, with a 999 silver content. You get more silver for your buck, but most Morgans cost more. Especially in the high grades, which almost all ASE's come in.</p><p> Most of us started out by scanning bank rolls to fill in most of the blanks in our sets, then bought the rest as we could. I managed to fill my Jeff nickel set like this, even a 50D. I only had to buy the silver ones.</p><p> Once they stop making them, people will have to buy all of them.</p><p> Of course, what will happen is that coin collecting will see a huge drop in membership. I can see it now. Those magazine ads , "Get the new aluminum Hhiillaarree dollars! Collect the whole set!" </p><p> Right now there are people making a living selling common date wheaties, memorial lincolns and common date Jeff nickels. </p><p> I filled in almost all my Lincoln albums from bank rolls and a bag of 5000 wheaties I got for $75.</p><p> Even if coin collecting shrinks as a hobby, the ones that remain will still have to fill their sets by buying them.</p><p> I should start snagging lots of bank rolls so my kids can make a living. Or my grand kids.[/QUOTE]</p><p><br /></p>
[QUOTE="littlehugger, post: 3329951, member: 58633"]Um, my point is that quantity is often preferable to "quality" As you stated, its easy to find very high grades in some types of common coins. In that case, you can get a lot of coin for your money. Face value from new, unopened rolls. In which case, you cant lose money. Also, since they can be presumed very high grade right out of the roll, you dont have to waste money on a TPG One investment many miss, because its boring and takes a long time to payoff, is to simply cherry pick high grade coins at face value out of rolls and pocket change, and throw them back and wait. I am old enough to remember silver, and copper coins. If I had had some money to invest in face value coins then, I would be rich now. Copper is the new silver, but only for the very patient. One day, we will stop making cents, and maybe nickels too. When that happens, everybody and his dog will try to sell their copper for a profit. Of course, prices will then go down. And will only rise slowly with time. The real profit will be in selling them for numismatic value. Especially nickels, as they have inherent value that zinc cents dont. Look at Morgan dollars vs ASE's. ASE's are heavier, with a 999 silver content. You get more silver for your buck, but most Morgans cost more. Especially in the high grades, which almost all ASE's come in. Most of us started out by scanning bank rolls to fill in most of the blanks in our sets, then bought the rest as we could. I managed to fill my Jeff nickel set like this, even a 50D. I only had to buy the silver ones. Once they stop making them, people will have to buy all of them. Of course, what will happen is that coin collecting will see a huge drop in membership. I can see it now. Those magazine ads , "Get the new aluminum Hhiillaarree dollars! Collect the whole set!" Right now there are people making a living selling common date wheaties, memorial lincolns and common date Jeff nickels. I filled in almost all my Lincoln albums from bank rolls and a bag of 5000 wheaties I got for $75. Even if coin collecting shrinks as a hobby, the ones that remain will still have to fill their sets by buying them. I should start snagging lots of bank rolls so my kids can make a living. Or my grand kids.[/QUOTE]
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