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<p>[QUOTE=&quot;yakpoo, post: 1636557, member: 18157&quot;]In the early &#039;60s, my Father cherry-picked 28 rolls of Morgan dollars when you could get them for $1 each. He passed his collection on to me, I&#039;m adding to it and passing it along as well. I don&#039;t know which crackhead heir will eventually devastate the collection, but I don&#039;t really care...I&#039;m doing my part to extend the family heritage. That&#039;s the best I can do.</p><p><br /></p><p>Initially, I didn&#039;t collect the First Spouse series. I began around 2008. The Liberty subset really got my attention. As the economy worsened and the mintage figures dropped, I really started to get excited about the series. Some of the coins have seen modest numismatic bumps in price, but most of the appreciate so far is based on the run-up in gold prices. Whatever the reason, I&#039;ve nearly tripled my money on the coins I&#039;ve bought so far...3x in 5 years...not too bad.</p><p><br /></p><p>The two (2) primary reasons (imo) the coins haven&#039;t appreciated more are...</p><p><br /></p><p>1. The series is a long series...2007-2016 and the economy still stinks (reduced demand).</p><p>2. Many people that began the series couldn&#039;t keep up and sold off what they had (increased supply).</p><p><br /></p><p>That should continue to have a depressing effect on prices until the modern First Spouses begin to come out. The Elenore Roosevelt and Jackie Kennedy coins will generate more interest in the series (imo). That&#039;s when I expect new collectors will be &quot;begin&quot; looking for the earlier pieces.</p><p><br /></p><p>Within 20 years from the end of the series (~2035), I expect the coins on sale now to sell for $30,000 (and up). A complete set of First Spouse coins (MS/PF) will be unattainable for most.</p><p><br /></p><p>I began buying two (2) of every coin when gold prices were low...in the&nbsp; event that if gold prices rose (which they did) I could sell off one&nbsp; set to fund the completion of the other. As it turns out, I haven&#039;t had&nbsp; to do that...not yet, anyway.</p><p><br /></p><p>Worst case scenario...I end up with over 80 ounces of pure gold, which is a nice inflation hedge for any portfolio. You can&#039;t say that about Beanie Babies! <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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