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Why do most dealers think modern commemoratives are junk?
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<p>[QUOTE="umtrr-author, post: 160013, member: 5719"]It seems to me that regardless of mintage, there are just so many different commemoratives being produced worldwide that there appears to be a glut. The USA is way behind in the number of different commems being done in comparison to other countries, for example Canada. </p><p><br /></p><p>This isn't to place judgement on the aesthetic value of any particular coin, just the total number of different issues there have been. Although I can't help but think that if there are Pokemon commemoratives (and I am not making this up!) we must be reaching the bottom of the barrel to some extent. </p><p><br /></p><p>The net of it is that it's darn near impossible to keep up with "everything" (however you may define it). I think that leads to a lower interest in them and thus they are viewed as, well, "junk." I'm not sure that is entirely fair.</p><p><br /></p><p>Throwing in the law of supply and demand, many (but not all) modern commemoratives seem to be struggling to stay within range of their issue price, much less the "handsome profit" zone. Some mints have really cut down mintage numbers (the Royal Canadian Mint comes to mind) to restrict supply. </p><p><br /></p><p>If I'm a dealer (well, if I'm anyone), lower prices mean lower absolute profit for the next marginal coin. For example, I can fill a slot with an Oregon Trail half for a couple hundred dollars or a 1986 Liberty half for maybe ten dollars, if I get a choice I take the Oregon Trail, all else being equal. </p><p><br /></p><p>I haven't brought in visual appeal until now; but I'm like everyone else in that I have my opinions as to that subject. I think some are desirable and some are, well, not so desirable. That's true for me regardless of the date stamped on the coin.</p><p><br /></p><p>As for Thalia Elizabeth, well, you all know who she likes to see on coins <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />. Some of the Queen Elizabeth II commemoratives are among the lowest priced out there (using a somewhat broader definition of "commemoratives").[/QUOTE]</p><p><br /></p>
[QUOTE="umtrr-author, post: 160013, member: 5719"]It seems to me that regardless of mintage, there are just so many different commemoratives being produced worldwide that there appears to be a glut. The USA is way behind in the number of different commems being done in comparison to other countries, for example Canada. This isn't to place judgement on the aesthetic value of any particular coin, just the total number of different issues there have been. Although I can't help but think that if there are Pokemon commemoratives (and I am not making this up!) we must be reaching the bottom of the barrel to some extent. The net of it is that it's darn near impossible to keep up with "everything" (however you may define it). I think that leads to a lower interest in them and thus they are viewed as, well, "junk." I'm not sure that is entirely fair. Throwing in the law of supply and demand, many (but not all) modern commemoratives seem to be struggling to stay within range of their issue price, much less the "handsome profit" zone. Some mints have really cut down mintage numbers (the Royal Canadian Mint comes to mind) to restrict supply. If I'm a dealer (well, if I'm anyone), lower prices mean lower absolute profit for the next marginal coin. For example, I can fill a slot with an Oregon Trail half for a couple hundred dollars or a 1986 Liberty half for maybe ten dollars, if I get a choice I take the Oregon Trail, all else being equal. I haven't brought in visual appeal until now; but I'm like everyone else in that I have my opinions as to that subject. I think some are desirable and some are, well, not so desirable. That's true for me regardless of the date stamped on the coin. As for Thalia Elizabeth, well, you all know who she likes to see on coins :). Some of the Queen Elizabeth II commemoratives are among the lowest priced out there (using a somewhat broader definition of "commemoratives").[/QUOTE]
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Why do most dealers think modern commemoratives are junk?
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