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<p>[QUOTE="cladking, post: 2560745, member: 68"]I watched these markets for a very long time and I just don't believe there are modern collections out there other than those assembled relatively recently. The interest started around 1980 but there might not have been a dozen collectors in the early days. By '90 it was a few dozen and and a couple thousand by 2000. Now days I'd estimate 10,000 but in addition to these there are half a million casual collectors of the old clad quarters. It's these casual collectors exerting an influence on the market as they try to complete or upgrade their collections. Much of the pressure right now that is about to affect prices is dollars and half dollars; the numbers are lower is but so too is the supply. </p><p> </p><p>Yes, I know there are lots of collections assembled by wholesalers out there but these are rarely very nice and will have little impact on the supply for the more important coins. </p><p> </p><p>I've seen what comes into the shops for the past 40 years and none of it is nice modern collections. I've seen massive hoards of XF/ AU better date early clads and have taken these to the bank. I've seen the sets that people bought retail or from HSN. What I've never actually seen is a collection that was carefully assembled of choice coins and included a few of the varieties. </p><p> </p><p>Yes, I have what I think is a nice collection. I started assembling it in the late-70's from the Gems I acquired from driving around to banks and coin shows. I also have been able to amass a few thousand more Gems over the years but what I couldn't do is save everything. I simply couldn't afford to tie a lot of money up in coins that might never be worth anything. So when I bought a nice gemmy bag of 1982-P quarters from my bank all I could do was pull out the nicest few and return the balance. </p><p> </p><p>Yes, there are a few other entities who have done about the exact same thing. I can only guess how many coins they have but nobody can have a controlling share of the coins because they were so widely dispersed. Acquiring them is difficult, time consuming, and hard work. I doubt if all the "hoarders" all together have 10% of the market. The rest are out there in private collections, registry sets, but mostly still in the "wild"; sitting in mint sets and dealer stock. </p><p> </p><p>I'm selling into the current strenght a little bit but mostly for strategic reasons. I can't even break even at current prices far less make a profit on the money I've tied up in some of this. My current big project is just to get my safety deposit boxes organized well enough I can find the coins to sell. Right now the market needs supply.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 2560745, member: 68"]I watched these markets for a very long time and I just don't believe there are modern collections out there other than those assembled relatively recently. The interest started around 1980 but there might not have been a dozen collectors in the early days. By '90 it was a few dozen and and a couple thousand by 2000. Now days I'd estimate 10,000 but in addition to these there are half a million casual collectors of the old clad quarters. It's these casual collectors exerting an influence on the market as they try to complete or upgrade their collections. Much of the pressure right now that is about to affect prices is dollars and half dollars; the numbers are lower is but so too is the supply. Yes, I know there are lots of collections assembled by wholesalers out there but these are rarely very nice and will have little impact on the supply for the more important coins. I've seen what comes into the shops for the past 40 years and none of it is nice modern collections. I've seen massive hoards of XF/ AU better date early clads and have taken these to the bank. I've seen the sets that people bought retail or from HSN. What I've never actually seen is a collection that was carefully assembled of choice coins and included a few of the varieties. Yes, I have what I think is a nice collection. I started assembling it in the late-70's from the Gems I acquired from driving around to banks and coin shows. I also have been able to amass a few thousand more Gems over the years but what I couldn't do is save everything. I simply couldn't afford to tie a lot of money up in coins that might never be worth anything. So when I bought a nice gemmy bag of 1982-P quarters from my bank all I could do was pull out the nicest few and return the balance. Yes, there are a few other entities who have done about the exact same thing. I can only guess how many coins they have but nobody can have a controlling share of the coins because they were so widely dispersed. Acquiring them is difficult, time consuming, and hard work. I doubt if all the "hoarders" all together have 10% of the market. The rest are out there in private collections, registry sets, but mostly still in the "wild"; sitting in mint sets and dealer stock. I'm selling into the current strenght a little bit but mostly for strategic reasons. I can't even break even at current prices far less make a profit on the money I've tied up in some of this. My current big project is just to get my safety deposit boxes organized well enough I can find the coins to sell. Right now the market needs supply.[/QUOTE]
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