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What do you predict will be great coins to collect now for 50 years in the future?
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<p>[QUOTE="Kasia, post: 2914334, member: 31533"]Perhaps two or three, or even more schools of thought can compete with each other...</p><p><br /></p><p>1) Collect the classics in US coinage, as not only aren't they being minted anymore, but some will be lost to disaster or theft and possibly inappropriate meltdowns. Focus on the best you can acquire of problem-free coins, either in a top TPG or raw if you have the knowledge and ability to keep your raw coins from getting wear or marks that would downgrade it. Focus also on ones that have had broad appeal and have not had ups and downs with popularity.</p><p><br /></p><p>2) Using the 1955 Lincoln Cent DDO as the example for the explosion in interest and it's popularity years later in error coin collecting, focus on a acquiring the key ones but be aware that if this particular interest is a fad, like the Tulip Mania in the 1600s, or the dvd and beta movie rental store more recently, and you could see losses instead of gains. Part of the interest, I think is due to specialty books and internet web-sites where info is easily found. But just as with any true fad or bubble it comes on like blockbusters and then suddenly dies a nasty quick death, where some still could prosper but the majority lose. If that happens, I think a few errors will still be of value to hold. Sort of like if the whole collecting community suddenly gets tired of focusing on minutiae or none of the generation coming up takes an interest in this, preferring to have different interests.</p><p><br /></p><p>3) Go the route that GD has, and think outside of US coins (His is Netherlands Ducats) and become a premier collector and write books on them. Help develop a smaller but dedicated base for the type.</p><p><br /></p><p>4) Go to the Dark side... they seem to be quite enamored with sucking people in and their forwardness in that along with some of the coins being like crack to them probably ensures their survival as a collector's type. Men, in general, seem to really be History nerds and ancients are excellent vehicles for that. Provides a lot of exercises in competition for them. Yeah, Women enjoy it too, but Numismatics is still a male dominant hobby.</p><p><br /></p><p>5) Concentrate in modern US coins. The base grew up with them and has no real hangup about them being junk.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>What else?[/QUOTE]</p><p><br /></p>
[QUOTE="Kasia, post: 2914334, member: 31533"]Perhaps two or three, or even more schools of thought can compete with each other... 1) Collect the classics in US coinage, as not only aren't they being minted anymore, but some will be lost to disaster or theft and possibly inappropriate meltdowns. Focus on the best you can acquire of problem-free coins, either in a top TPG or raw if you have the knowledge and ability to keep your raw coins from getting wear or marks that would downgrade it. Focus also on ones that have had broad appeal and have not had ups and downs with popularity. 2) Using the 1955 Lincoln Cent DDO as the example for the explosion in interest and it's popularity years later in error coin collecting, focus on a acquiring the key ones but be aware that if this particular interest is a fad, like the Tulip Mania in the 1600s, or the dvd and beta movie rental store more recently, and you could see losses instead of gains. Part of the interest, I think is due to specialty books and internet web-sites where info is easily found. But just as with any true fad or bubble it comes on like blockbusters and then suddenly dies a nasty quick death, where some still could prosper but the majority lose. If that happens, I think a few errors will still be of value to hold. Sort of like if the whole collecting community suddenly gets tired of focusing on minutiae or none of the generation coming up takes an interest in this, preferring to have different interests. 3) Go the route that GD has, and think outside of US coins (His is Netherlands Ducats) and become a premier collector and write books on them. Help develop a smaller but dedicated base for the type. 4) Go to the Dark side... they seem to be quite enamored with sucking people in and their forwardness in that along with some of the coins being like crack to them probably ensures their survival as a collector's type. Men, in general, seem to really be History nerds and ancients are excellent vehicles for that. Provides a lot of exercises in competition for them. Yeah, Women enjoy it too, but Numismatics is still a male dominant hobby. 5) Concentrate in modern US coins. The base grew up with them and has no real hangup about them being junk. What else?[/QUOTE]
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