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Why I enjoy collecting nickels.. it's so cheap!
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<p>[QUOTE="cladking, post: 88055, member: 68"]This is everyones' natural inclination when they have many hundreds and thousands of percent profit in something. Yet, the rare moderns have continued to increase for nearly thirty years. When one looks at the situation dispassionately he'll see a market where there are only sellers yet the coins still go up. He'll see a very thin market where some great rarities still trade at prices based on face value. This applies not only to the condition rarities which can be found raw but also to low mintage coins which can be found in circulation or in dealers' stock. </p><p><br /></p><p>It seems as though these markets are still vastly underappreciated. This does apply less to the highest grade coins than to other desirable moderns. Perhaps selling would be the sensible thing to do, but one must consider that if he does sell then he might never be able to buy it back and coin collecting has never been about doing the sensible thing.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 88055, member: 68"]This is everyones' natural inclination when they have many hundreds and thousands of percent profit in something. Yet, the rare moderns have continued to increase for nearly thirty years. When one looks at the situation dispassionately he'll see a market where there are only sellers yet the coins still go up. He'll see a very thin market where some great rarities still trade at prices based on face value. This applies not only to the condition rarities which can be found raw but also to low mintage coins which can be found in circulation or in dealers' stock. It seems as though these markets are still vastly underappreciated. This does apply less to the highest grade coins than to other desirable moderns. Perhaps selling would be the sensible thing to do, but one must consider that if he does sell then he might never be able to buy it back and coin collecting has never been about doing the sensible thing.[/QUOTE]
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Why I enjoy collecting nickels.. it's so cheap!
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