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<p>[QUOTE=&quot;Valentinian, post: 1996631, member: 44316&quot;]Hindsight can be 20/20. Years ago rarity was relatively more important than it is today, in which the main focus is on condition. So, if many years ago, you collected what was enviable then you would have wanted and collected more moderate grade rarities which have not gone up as much as top grade stuff, even if common. </p><p><br /></p><p>US coins can *prove* that top grade stuff was not so important back then. There was a time when MS66 and 68 did not even exist because 60, 63, and 65 were deemed sufficient descriptions.&nbsp; Had, long ago, you known to focus on near perfection, you would have done well (if you could have found the coins, which was not easy).&nbsp; But is not fair to look back and say &quot;This type of coin which is popular today has gone up a lot,&quot; and deduce that one could have known then what would be popular today. </p><p><br /></p><p>Do you know how so many investment firms can claim their mutual funds beat the Lipper ten-year averages for funds in their class?&nbsp; It&#039;s easy. Dissolve the ones that don&#039;t do well before they get to ten years!&nbsp; The ones that still exist to put in the average are the ones that did well. However, if you looked at all the funds available ten years ago (many of which folded for poor performance), the story would be quite different.</p><p><br /></p><p>If I had to predict the future of coin price rises, I would guess that with the continuing concentration of wealth (which shows no signs of slowing down) the very top coins will experience intense competition and go up the most. The very good and moderate coins exist in vast numbers and will be desired by many, but I don&#039;t see the corresponding increase in money/wealth in the collecting population required to push up their prices much beyond inflation.</p><p><br /></p><p>The low-value coins are so common that dealers can by them for very little and price them for their bother in selling them, not for their raw value. They will not go up at all.</p><p><br /></p><p>I hope you are not collecting because you think your coins will go up in value. Most who think that will be disappointed. Enjoy the hobby which pays dividends all along. </p><p><br /></p><p>How can you make a small fortune investing in coins?&nbsp; Start with a large fortune.[/QUOTE]</p><p><br /></p>

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