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Why do most dealers think modern commemoratives are junk?
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<p>[QUOTE="Rono, post: 159975, member: 6492"]<b>commemoratives come and go</b></p><p><br /></p><p>Howdy,</p><p> </p><p>Commemoratives seem to come and go in fads. The early commemoratives were quite popular and that led the mint and congress to overproduce them to the point of silliness. That's why they finally stopped them completely for quite a few years. </p><p> </p><p>They finally got around to starting them again with the moderns, but it's getting to the point of too many for too many things again and one of these days, it wouldn't surprise me to see them stop them again - for a while.</p><p> </p><p>Bowers has a great book out - the experts guide to collecting and investing in coins that talks in depth about cycles in coin collecting - times when some things are hot and others are not. He is of the camp that says to buy things when they are NOT hot. </p><p> </p><p>For example, there is something of a fad about super graded slabbed new coins - PF and MS 70's - geez, do you really want to pay the premium on these when you can get a great PF 67-67 or MS 65-66 for pennies?</p><p> </p><p>just some ramblings,</p><p> </p><p>rono[/QUOTE]</p><p><br /></p>
[QUOTE="Rono, post: 159975, member: 6492"][b]commemoratives come and go[/b] Howdy, Commemoratives seem to come and go in fads. The early commemoratives were quite popular and that led the mint and congress to overproduce them to the point of silliness. That's why they finally stopped them completely for quite a few years. They finally got around to starting them again with the moderns, but it's getting to the point of too many for too many things again and one of these days, it wouldn't surprise me to see them stop them again - for a while. Bowers has a great book out - the experts guide to collecting and investing in coins that talks in depth about cycles in coin collecting - times when some things are hot and others are not. He is of the camp that says to buy things when they are NOT hot. For example, there is something of a fad about super graded slabbed new coins - PF and MS 70's - geez, do you really want to pay the premium on these when you can get a great PF 67-67 or MS 65-66 for pennies? just some ramblings, rono[/QUOTE]
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Why do most dealers think modern commemoratives are junk?
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