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<p>[QUOTE="johnmilton, post: 3724330, member: 101855"]First I don't view coins as an investment. Having said that, some things have a better chance of holding their value.</p><p><br /></p><p>I have never been a fan of high grade, super high priced, common date modern coins. To me they have become prime examples of the "bigger fool theory." The main attraction, which really drives them is the coin registry p---ing contest.</p><p><br /></p><p>You take a coin, like this war nickel, that is super common, and drive the price to the moon because it is "the finest graded." Notice that I didn't say "the finest known" because no one really knows what that is given the total populaton of surviving examples. Add to that "grade-flation" and your "finest graded" could become one of a herd of coins unless you re-submit it for grading hoping for a higher grade.</p><p><br /></p><p>I don't know anything about the gold piece. I assume that it's rare. In that case, I'd rather have it, but I won't keep it for long, because it does not interest me.[/QUOTE]</p><p><br /></p>
[QUOTE="johnmilton, post: 3724330, member: 101855"]First I don't view coins as an investment. Having said that, some things have a better chance of holding their value. I have never been a fan of high grade, super high priced, common date modern coins. To me they have become prime examples of the "bigger fool theory." The main attraction, which really drives them is the coin registry p---ing contest. You take a coin, like this war nickel, that is super common, and drive the price to the moon because it is "the finest graded." Notice that I didn't say "the finest known" because no one really knows what that is given the total populaton of surviving examples. Add to that "grade-flation" and your "finest graded" could become one of a herd of coins unless you re-submit it for grading hoping for a higher grade. I don't know anything about the gold piece. I assume that it's rare. In that case, I'd rather have it, but I won't keep it for long, because it does not interest me.[/QUOTE]
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