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US Commemorative Coins: Should one get classics, modern, or none?
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<p>[QUOTE="JPeace$, post: 2268611, member: 42727"]I don't think you can go wrong with modern commems as long as you stay away from the urge to buy 70 grades. Most can easily be found in 69 grade and quite inexpensively. My only advice with the moderns is to make sure you examine the coin before buying. If buying on eBay, make sure the posted picture is THE coin you are buying. The moderns can become spotted and you don't want that. It can't be removed. The inventory is widely available so you can be choosy.</p><p><br /></p><p>For example, Vess1 mentioned the 1992 Columbus. You can find it on eBay for $25 graded by PCGS or NGC in PF69 DCAM/UC. Not much risk. If you want a 70, the cost goes up significantly and so does the risk of future collapse. If you only want them for yourself, go the MS/PF 69 route.</p><p><br /></p><p>In many cases you can also find them in OGP. Myself, I buy both moderns and classic commems when I find the design attractive.</p><p><br /></p><p>For all coins, think supply and demand. For the classic designs, the supply/demand equation has pretty much been sorted out. The moderns, not so much. And the volatility could be very high.[/QUOTE]</p><p><br /></p>
[QUOTE="JPeace$, post: 2268611, member: 42727"]I don't think you can go wrong with modern commems as long as you stay away from the urge to buy 70 grades. Most can easily be found in 69 grade and quite inexpensively. My only advice with the moderns is to make sure you examine the coin before buying. If buying on eBay, make sure the posted picture is THE coin you are buying. The moderns can become spotted and you don't want that. It can't be removed. The inventory is widely available so you can be choosy. For example, Vess1 mentioned the 1992 Columbus. You can find it on eBay for $25 graded by PCGS or NGC in PF69 DCAM/UC. Not much risk. If you want a 70, the cost goes up significantly and so does the risk of future collapse. If you only want them for yourself, go the MS/PF 69 route. In many cases you can also find them in OGP. Myself, I buy both moderns and classic commems when I find the design attractive. For all coins, think supply and demand. For the classic designs, the supply/demand equation has pretty much been sorted out. The moderns, not so much. And the volatility could be very high.[/QUOTE]
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