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<p>[QUOTE="bhp3rd, post: 540491, member: 16510"]<b>Junk is junk - supply and demand!</b></p><p><br /></p><p><i>I guess the term "junk" seems confusing to me.</i></p><p> </p><p>Junk is junk. Supply and demand!</p><p> </p><p>Just hang around a coin shop for a few years and you will know the definition of junk - it's 90% of what walks through the door.</p><p>Examples are 90% silver - circulated wheat cents - modern mint and proof sets - novelty items- HSN coins - and last but certaily not least "State Quarters".</p><p>Now some of this may contain treasure or valuable items but it's not very likely. Plus you may (this is America) like or even desire that kind of stuff so it's treasure to you, right? But that is the junk as far as I'm concerned because it's the lions share of what people sell - most people are not as un-coined intelligent as they want you to think - they have shopped it around or went on eBay or got hold of a Red Book, (God forbid),</p><p>So, why is it junk? everybody has it and nobody wants it, that's why.</p><p>Now I understand what you are saying I think that why is there so much focus on mint state stuff verses other stuff that could be as valuable and important. It is the nature of the beast. Coin collecting is all about "looks and the things we see" so it is only natural that the mint state stuff often takes center stage, it's most often the most beautiful.</p><p>On the other hand, go into any shop you want and ask them if they have one of these three coins - a 12-S Nickle in original VF-35, a Lincoln 22 no "D" in AU-50 or a 1927-S quarter in XF-40. Then after they laugh and say no they would like to have those ask them how many have they ever had in there shop? Or go to a show and do the same thing.</p><p>Your point is valid and yes there is too much attention on mint state coins but be glad we have them and find the gems in any grade you chose that will make you happy - that's the bottom line. Don't worry about what all the others say and collect, find what you want so that it can be treasure to you no matter what the masses are saying or doing.</p><p>If you are happy when you look at your collection and can't think but for a moment you would never really want to part with these coins your on your way to finding out what satisfaction is all about.[/QUOTE]</p><p><br /></p>
[QUOTE="bhp3rd, post: 540491, member: 16510"][b]Junk is junk - supply and demand![/b] [I]I guess the term "junk" seems confusing to me.[/I] Junk is junk. Supply and demand! Just hang around a coin shop for a few years and you will know the definition of junk - it's 90% of what walks through the door. Examples are 90% silver - circulated wheat cents - modern mint and proof sets - novelty items- HSN coins - and last but certaily not least "State Quarters". Now some of this may contain treasure or valuable items but it's not very likely. Plus you may (this is America) like or even desire that kind of stuff so it's treasure to you, right? But that is the junk as far as I'm concerned because it's the lions share of what people sell - most people are not as un-coined intelligent as they want you to think - they have shopped it around or went on eBay or got hold of a Red Book, (God forbid), So, why is it junk? everybody has it and nobody wants it, that's why. Now I understand what you are saying I think that why is there so much focus on mint state stuff verses other stuff that could be as valuable and important. It is the nature of the beast. Coin collecting is all about "looks and the things we see" so it is only natural that the mint state stuff often takes center stage, it's most often the most beautiful. On the other hand, go into any shop you want and ask them if they have one of these three coins - a 12-S Nickle in original VF-35, a Lincoln 22 no "D" in AU-50 or a 1927-S quarter in XF-40. Then after they laugh and say no they would like to have those ask them how many have they ever had in there shop? Or go to a show and do the same thing. Your point is valid and yes there is too much attention on mint state coins but be glad we have them and find the gems in any grade you chose that will make you happy - that's the bottom line. Don't worry about what all the others say and collect, find what you want so that it can be treasure to you no matter what the masses are saying or doing. If you are happy when you look at your collection and can't think but for a moment you would never really want to part with these coins your on your way to finding out what satisfaction is all about.[/QUOTE]
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What constitutes "lower end" coins?
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