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Why are American coins so overated?
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<p>[QUOTE="BigsWick, post: 287484, member: 3534"]I began collecting US coins because my step father introduced me to the hobby, and he collected US coins. I can remember the first time he showed me a Morgan dollar. I was only 11 years old, but I was awestruck. His Buffalo nickels and Mercury dimes were nice, but that fat, heavy cartwheel really got my attention.</p><p><br /></p><p>World coinage is cool, no doubt. I've had the good fortune to have traveled some during the course of my life. I've collected coins from China, South Korea, Egypt, England, Guatemala, Mexico, and Canada. I'd certainly add to my hodgepodge if given the opportunity, but life sometimes gets in the way.</p><p><br /></p><p>I'd have to say that I find Mexican coinage to be very attractive, much more so than most modern US coinage. Every year I take a fishing trip to the Yucatan and try to find something different to keep. My most beautiful foreign coin is a 1947 Mexican 50 Peso gold piece given to me by my grandfather about a year before he died. I hope to pass it along one day to my son. </p><p><br /></p><p>I can't speak for collectors outside of the US because their frame of reference differs from mine. However, I do collect US coinage because it is something to which I can relate as an American. It is familiar. Not only is it more meaningful to me as a US citizen, it is certainly less "remote" than a Greek coin minted hundreds of years ago. Perhaps that, along with the number of collectors in the US, helps drive the prices up as high as they are. I'll leave it to others to debate whether or not my perception is jaundiced by red, white, and blue tinted lenses.</p><p><br /></p><p>I'd also like to add that a collector who looks at his acquisitions as an investment rather than as something purely non-profit driven is no less of a collector than someone else who enjoys the hobby simply for pleasure. It is merely the motivation that differs.</p><p><br /></p><p>I learned long ago that the saying "to each his own" has never been more applicable than in our hobby. Collect what makes you happy.[/QUOTE]</p><p><br /></p>
[QUOTE="BigsWick, post: 287484, member: 3534"]I began collecting US coins because my step father introduced me to the hobby, and he collected US coins. I can remember the first time he showed me a Morgan dollar. I was only 11 years old, but I was awestruck. His Buffalo nickels and Mercury dimes were nice, but that fat, heavy cartwheel really got my attention. World coinage is cool, no doubt. I've had the good fortune to have traveled some during the course of my life. I've collected coins from China, South Korea, Egypt, England, Guatemala, Mexico, and Canada. I'd certainly add to my hodgepodge if given the opportunity, but life sometimes gets in the way. I'd have to say that I find Mexican coinage to be very attractive, much more so than most modern US coinage. Every year I take a fishing trip to the Yucatan and try to find something different to keep. My most beautiful foreign coin is a 1947 Mexican 50 Peso gold piece given to me by my grandfather about a year before he died. I hope to pass it along one day to my son. I can't speak for collectors outside of the US because their frame of reference differs from mine. However, I do collect US coinage because it is something to which I can relate as an American. It is familiar. Not only is it more meaningful to me as a US citizen, it is certainly less "remote" than a Greek coin minted hundreds of years ago. Perhaps that, along with the number of collectors in the US, helps drive the prices up as high as they are. I'll leave it to others to debate whether or not my perception is jaundiced by red, white, and blue tinted lenses. I'd also like to add that a collector who looks at his acquisitions as an investment rather than as something purely non-profit driven is no less of a collector than someone else who enjoys the hobby simply for pleasure. It is merely the motivation that differs. I learned long ago that the saying "to each his own" has never been more applicable than in our hobby. Collect what makes you happy.[/QUOTE]
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Why are American coins so overated?
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