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When will modern coins and currency become valuable?
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<p>[QUOTE="cladking, post: 2565248, member: 68"]I was just thinking. There's another way to tell these markets are about to move. Look at the '82 and '83 quarters in change. A few years ago these were the easiest dates to find in XF and AU in circulation of all the dates from '77 to '90. This was caused by large numbers of people pulling them out of circulation and then inadvertantly or intentionally rereleasing them. Ten years ago 1 in 50 was XF or better. Now about 30% of the mintage of these is missing; pulled out by collectors. But more importantly even nice VF's are rearely seen now. Forget AU's, I haven't seen one in five years. This date is in as bad of shape as the '69-P which is much older and should be far more worn. </p><p> </p><p>Of course these are going to remain common in XF since they have been picked out but we must be near a tipping point where collectors are wondering where all the nice coins are. Coins like the '77-D are pretty tough now days in nice attractive condition. Forget dates like the 71-P or '69-P. You're lucky to find ugly specimens of these. </p><p> </p><p>And every day more and more of the old coins are lost, destroyed, or pulled by collectors and then replaced with a new parks coin. Everty day the old coins are worn a little more and ever closer to the end of their useful life.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 2565248, member: 68"]I was just thinking. There's another way to tell these markets are about to move. Look at the '82 and '83 quarters in change. A few years ago these were the easiest dates to find in XF and AU in circulation of all the dates from '77 to '90. This was caused by large numbers of people pulling them out of circulation and then inadvertantly or intentionally rereleasing them. Ten years ago 1 in 50 was XF or better. Now about 30% of the mintage of these is missing; pulled out by collectors. But more importantly even nice VF's are rearely seen now. Forget AU's, I haven't seen one in five years. This date is in as bad of shape as the '69-P which is much older and should be far more worn. Of course these are going to remain common in XF since they have been picked out but we must be near a tipping point where collectors are wondering where all the nice coins are. Coins like the '77-D are pretty tough now days in nice attractive condition. Forget dates like the 71-P or '69-P. You're lucky to find ugly specimens of these. And every day more and more of the old coins are lost, destroyed, or pulled by collectors and then replaced with a new parks coin. Everty day the old coins are worn a little more and ever closer to the end of their useful life.[/QUOTE]
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When will modern coins and currency become valuable?
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