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<p>[QUOTE="Paddy54, post: 8469044, member: 19250"]I have no issues with anyone choice of collecting.... but lets face it modern coinage will never hold the values that coins minted before the 1950's Yes exceptions to the rule..with key coins ,low mintage specimens, rare ddo's and varieties. I decided last fall...that my Franklin proofs were done! Yup needed 2 to complete 1950-63 ....but doing my homework I realized that buying those 2...cost wouldn't be a smart idea ....as the 1950 and 51 dates are pricy in any condition....yet resale wasnt great and I be better off selling the 52 and 53 using the proceeds to buy other series that I needed and held more interest was the better decision. </p><p>I kept the short set 54-63 as again unless something very special really werent going to net enough to make it worthwhile. </p><p>Which is really ashame ....but what is the real shame having individuals who have an interest in the hobby...be cheated by the inflated after market prices...and then realise that they are underwater in the coin value wise....</p><p>Yes its true coins collecting isnt an investment, but it shouldn't be a loss not months after a purchase.</p><p>Yes I understand it what the market bears....but no one wants to be caught with the hot potato....no one wants a defeatist feeling that they loss money....</p><p>Lastly no matter if we ...you and me agree....one thing I do believe is none of us wants to see our hobby go the way of stamps... we may not agree on a lot...but the one thing that unites us is our the fact this is the hobby that we share passion...and I believe thats the common ground that should unite us to preserve the hobby.[/QUOTE]</p><p><br /></p>
[QUOTE="Paddy54, post: 8469044, member: 19250"]I have no issues with anyone choice of collecting.... but lets face it modern coinage will never hold the values that coins minted before the 1950's Yes exceptions to the rule..with key coins ,low mintage specimens, rare ddo's and varieties. I decided last fall...that my Franklin proofs were done! Yup needed 2 to complete 1950-63 ....but doing my homework I realized that buying those 2...cost wouldn't be a smart idea ....as the 1950 and 51 dates are pricy in any condition....yet resale wasnt great and I be better off selling the 52 and 53 using the proceeds to buy other series that I needed and held more interest was the better decision. I kept the short set 54-63 as again unless something very special really werent going to net enough to make it worthwhile. Which is really ashame ....but what is the real shame having individuals who have an interest in the hobby...be cheated by the inflated after market prices...and then realise that they are underwater in the coin value wise.... Yes its true coins collecting isnt an investment, but it shouldn't be a loss not months after a purchase. Yes I understand it what the market bears....but no one wants to be caught with the hot potato....no one wants a defeatist feeling that they loss money.... Lastly no matter if we ...you and me agree....one thing I do believe is none of us wants to see our hobby go the way of stamps... we may not agree on a lot...but the one thing that unites us is our the fact this is the hobby that we share passion...and I believe thats the common ground that should unite us to preserve the hobby.[/QUOTE]
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