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<p>[QUOTE="cladking, post: 1464810, member: 68"]It's interesting you pick an eagle reverse clad quarter and the one that is the least interesting coin in the most interesting series out there. Millions of these were set aside in rolls and mint set coins come very nice with Gems being common in the set. Gems are elusive in the rolls and MS-67's aren't often seen anywhere at all. In 1998 almost no one considered the possibility that clad quarters might someday be valuable but some could see the handwriting on the wall that people would be pawing through them looking for state coins for decades and finding the older coins invariably in poor condition. These rolls were set aside as well as the other dates available at the time in Unc including the '96 and '97.</p><p><br /></p><p>There are literally hundreds of 1998 quarters in MS-67 and if the price went to $300 dozens of them would be sent in and the price would collapse. The market has room to price tens of thousands of '16-D dimes at $500 or higher but a few dozen MS-67 quarters would kill the market. </p><p><br /></p><p>It's all a matter of perception and demand. The '50-D quarter got up to $200 in today's money way back in 1964 and is still worth $10 or more. But the majority of post 1965 nickels are scarcer than this in Unc and most wholesale at a dime or less. People collect '50-D nickels but don't care about a Gemmy 1980-D nickel or even having this date in their collection at all. Everyone knows it had a huge mintage so they didn't save any and they don't collect them. </p><p><br /></p><p>Of course the lack of demand is even worse with the clad. Many of the few who collect them seriously collect very high grade and the competition at the high end pushes prices to some eye-opening levels. People point and laugh at the buyers and call them suckers. </p><p><br /></p><p>Yes, I agree that the "sweet spot" is right below the price jump but this is not a good field for investors. There are no good fields for investors really because you need to know what you're doing whether you lead Berkshire Hathaway or collect art. An '82-P quarter right before the jump is just incredibly undervalued but a '72-D quarter before the jump will eat you alive while you wait for a buyer. </p><p><br /></p><p>I think the sweetest spot for those just wanting to get a position is in Gem and near-Gem issues. These won't cost much more than a song if you buy them raw and ultimately have as much potential as the high end since demand will materialize across the board and focus on nice attractive specimens. In most cases there are fewer than 100,000 nice attractive Gemmy clads and in many cases, far fewer. Your potential for loss is negligible if you're paying a dollar or two. Don't get suckered into buying countless rolls of common gems like '76-D quarters. Don't buy large numbers of just a few dates. Try to find all the dates much as a collector would do. It will take a lot more work than money. </p><p><br /></p><p>If someone did want to stick their necks out then at least put down your money on better dates below the point at which they get expensive and don't only buy what's readily available, shop around and find other dates. </p><p><br /></p><p>Frankly I believe the explosion in modern US coins is decades overdue. I don't know why there is so little interest but it can't last because most people in this country can't even remember anything in their change except clad. People are nostalgic and sentimental and these are among the largest reasons people have ever collected coins. This era in which most everyone hates the coins they use dayin and day out is the aberration to the norm. It is a certainty that at some point in the future that nostalgia will again become important as a reason to collect. That this might occur long after all clad users are dead is immaterial except to the potential of a '98 quarter in our lifetimes.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 1464810, member: 68"]It's interesting you pick an eagle reverse clad quarter and the one that is the least interesting coin in the most interesting series out there. Millions of these were set aside in rolls and mint set coins come very nice with Gems being common in the set. Gems are elusive in the rolls and MS-67's aren't often seen anywhere at all. In 1998 almost no one considered the possibility that clad quarters might someday be valuable but some could see the handwriting on the wall that people would be pawing through them looking for state coins for decades and finding the older coins invariably in poor condition. These rolls were set aside as well as the other dates available at the time in Unc including the '96 and '97. There are literally hundreds of 1998 quarters in MS-67 and if the price went to $300 dozens of them would be sent in and the price would collapse. The market has room to price tens of thousands of '16-D dimes at $500 or higher but a few dozen MS-67 quarters would kill the market. It's all a matter of perception and demand. The '50-D quarter got up to $200 in today's money way back in 1964 and is still worth $10 or more. But the majority of post 1965 nickels are scarcer than this in Unc and most wholesale at a dime or less. People collect '50-D nickels but don't care about a Gemmy 1980-D nickel or even having this date in their collection at all. Everyone knows it had a huge mintage so they didn't save any and they don't collect them. Of course the lack of demand is even worse with the clad. Many of the few who collect them seriously collect very high grade and the competition at the high end pushes prices to some eye-opening levels. People point and laugh at the buyers and call them suckers. Yes, I agree that the "sweet spot" is right below the price jump but this is not a good field for investors. There are no good fields for investors really because you need to know what you're doing whether you lead Berkshire Hathaway or collect art. An '82-P quarter right before the jump is just incredibly undervalued but a '72-D quarter before the jump will eat you alive while you wait for a buyer. I think the sweetest spot for those just wanting to get a position is in Gem and near-Gem issues. These won't cost much more than a song if you buy them raw and ultimately have as much potential as the high end since demand will materialize across the board and focus on nice attractive specimens. In most cases there are fewer than 100,000 nice attractive Gemmy clads and in many cases, far fewer. Your potential for loss is negligible if you're paying a dollar or two. Don't get suckered into buying countless rolls of common gems like '76-D quarters. Don't buy large numbers of just a few dates. Try to find all the dates much as a collector would do. It will take a lot more work than money. If someone did want to stick their necks out then at least put down your money on better dates below the point at which they get expensive and don't only buy what's readily available, shop around and find other dates. Frankly I believe the explosion in modern US coins is decades overdue. I don't know why there is so little interest but it can't last because most people in this country can't even remember anything in their change except clad. People are nostalgic and sentimental and these are among the largest reasons people have ever collected coins. This era in which most everyone hates the coins they use dayin and day out is the aberration to the norm. It is a certainty that at some point in the future that nostalgia will again become important as a reason to collect. That this might occur long after all clad users are dead is immaterial except to the potential of a '98 quarter in our lifetimes.[/QUOTE]
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