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<p>[QUOTE=&quot;cladking, post: 1478091, member: 68&quot;]Back in the last century I used to travel around looking for gem quality coins at coin shops, banks,and anywhere else they might show up.&nbsp; Everyone agreed it was nuts to put any effort into &quot;common coins&quot;. I&#039;d tell them that the coins weren&#039;t only not common but were in many cases quite scarce.&nbsp; Of course they tell me it didn&#039;t matter even if they were scarce since no one would ever collect them.&nbsp; I&#039;d counter that they are US coins and collectors have always collected US coins (at least up until 1965).&nbsp; </p><p><br /></p><p>Look at the prices for these Gems now!&nbsp; A few collectors have found that very high grade coins are scarce so the prices have soared.&nbsp; </p><p><br /></p><p>Now my contention is even lower grade moderns aren&#039;t nearly so common as they are percieved.&nbsp; Some of these even in nice attractive MS-64 are elusive and it wouldn&#039;t take much demand to show how elusive they are.&nbsp; I&#039;m talking here about coins that are far scarcer than a &#039;50-D nickel but sell for a tiny fraction of the price.&nbsp; </p><p><br /></p><p>It cost a lot of money to set aside a quarter in the old days. 25c was a lot of money and it was a safe bet that it would be lost to inflation if it had no premium later on.&nbsp; I was willing to gamble on the high grades but I wasn&#039;t willing to gamble on the lower grades so much.&nbsp; Just because these coins are more available, don&#039;t assume that they have &quot;saved themselves&quot;.[/QUOTE]</p><p><br /></p>

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