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Why I enjoy collecting nickels.. it's so cheap!
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<p>[QUOTE="cladking, post: 87994, member: 68"]The prices of high grade moderns started going up around 1977 but none of the catalogs noted any changes until 2003 when Coin Values (CW Trends) started showing what the coins were actually trading for. Even as early as 1982 there were Ikes trading at close to $1000. The catalogs still tend to report these values at lower prices than they actually trade but much care should be taken since some prices are multiples of true market. </p><p><br /></p><p>The Redbook only raised their prices for clad quarters with the 2005 edition and these prices are lower than actual market in most cases. They still report low prices for the Roosevelts. Krause has just in the last week boosted the listed prices for clad dimes but they are still much lower than you'll have to pay a knowledgeable seller. These aren't good markets for speculation for many reasons but they make great collectibles and there is still huge room for growth. Anyone who wants to collect them should pay attention to the markets and try to sell some coins from time to time. It is only when you sell that you learn the true value of something and it's better to learn the values before you get in deep whether as a collector or a speculator. If you just look at price guides you'd think that these markets are up hundreds of fold in the last several years but the fact is far more complicated than this. </p><p><br /></p><p>It's unlikely that your coins are full step but good luck. The most prized coins will be not only full step but also choice or gem condition.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 87994, member: 68"]The prices of high grade moderns started going up around 1977 but none of the catalogs noted any changes until 2003 when Coin Values (CW Trends) started showing what the coins were actually trading for. Even as early as 1982 there were Ikes trading at close to $1000. The catalogs still tend to report these values at lower prices than they actually trade but much care should be taken since some prices are multiples of true market. The Redbook only raised their prices for clad quarters with the 2005 edition and these prices are lower than actual market in most cases. They still report low prices for the Roosevelts. Krause has just in the last week boosted the listed prices for clad dimes but they are still much lower than you'll have to pay a knowledgeable seller. These aren't good markets for speculation for many reasons but they make great collectibles and there is still huge room for growth. Anyone who wants to collect them should pay attention to the markets and try to sell some coins from time to time. It is only when you sell that you learn the true value of something and it's better to learn the values before you get in deep whether as a collector or a speculator. If you just look at price guides you'd think that these markets are up hundreds of fold in the last several years but the fact is far more complicated than this. It's unlikely that your coins are full step but good luck. The most prized coins will be not only full step but also choice or gem condition.[/QUOTE]
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Why I enjoy collecting nickels.. it's so cheap!
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