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<p>[QUOTE="cladking, post: 1089120, member: 68"]Thanks for the link.</p><p><br /></p><p>You're missing the point. </p><p><br /></p><p>They aren't selling 1924 or 1959 Danish Krones by the thousand or even a single piece. You can't call them up for a 1983 Irish 50P because they won't have a single one. There are hundreds of thousands of US and world moderns and they have perhaps a few hundred in large quantity. If you look at the list you'll see some patterns to what they do have; they are newer and they are very low denomination. As I said the scarcities tend to be older and they tend to be high denomination which generally means copper nickel. </p><p><br /></p><p>What they have isn't important. What's in the piles of coins that come into coin shops isn't important. It's what ECC and coin dealers don't have that's important. And what's not in those piles of coins are most of the high denomination coins of the US and the world made in the last 75 years. </p><p><br /></p><p>These are just simple facts. If you don't believe it try putting together something real easy like a Polish modern aluminum set. Ha!!! You could work on it 50 years and you won't find them all and the prices will be sky high by the time you get close. </p><p><br /></p><p><br /></p><p><br /></p><p>Of course there's a connection. It was the year man landed on the moon as the world watched. Remember "One small step for (a) man, one giant leap for mankind"? </p><p><br /></p><p>.</p><p><br /></p><p>Fine. So I guess the 1866 half dollars aren't collectible at all and should just be turned in for scrap. </p><p><br /></p><p><br /></p><p><br /></p><p>I hear people say this all the time and without exception they have piles of whatever they'd rather have and not a single one of the coin in question. They not only don't have it but usually have never even seen one. I'm not saying tht an '50-E is necessarily more desirable than a $20 gold piece, I'm saying it's far far far more scarce. Collect what you want to but ignoring moderns doesn't make them more common. </p><p><br /></p><p> </p><p><br /></p><p>I'm referring to the mainland China 5f piece. These were probably kindda low mintage but it's not listed. </p><p><br /></p><p>So if I buy an 1804 dollar for $3,000,000 I can always get the $23 melt value for it no matter what happens. This doesn't sound like a deal to me. If I buy $3,000,000 worth of circulating 5c coins they'll always be worth at least $4,000,000. Neither of these plans seem to make much sense to me. I'm going to buy coins I like and understand and to me clads are about the most fun you can have. They're probably the most bang for the buck too, but who cares. If my roll of Wyoming quarters doesn't go up in a few years I can spend it and get my whole $10 back less inflation. If my 1986 Irish 50P ever crashes I'll only be out a couple dollars but until then it's still worth $150. It will "always" be worth 50p. </p><p><br /></p><p><br /></p><p><br /></p><p>It doesn't matter if you put it in or not since it won't accept it. Imagine that. In the event of a deflationary depression that $23 protection for the 1804 dollar might just disappear. It might not even be worth a dollar. I bet I wouldn't have trouble spending clad. </p><p><br /></p><p>Maybe you're into the wrong coins.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 1089120, member: 68"]Thanks for the link. You're missing the point. They aren't selling 1924 or 1959 Danish Krones by the thousand or even a single piece. You can't call them up for a 1983 Irish 50P because they won't have a single one. There are hundreds of thousands of US and world moderns and they have perhaps a few hundred in large quantity. If you look at the list you'll see some patterns to what they do have; they are newer and they are very low denomination. As I said the scarcities tend to be older and they tend to be high denomination which generally means copper nickel. What they have isn't important. What's in the piles of coins that come into coin shops isn't important. It's what ECC and coin dealers don't have that's important. And what's not in those piles of coins are most of the high denomination coins of the US and the world made in the last 75 years. These are just simple facts. If you don't believe it try putting together something real easy like a Polish modern aluminum set. Ha!!! You could work on it 50 years and you won't find them all and the prices will be sky high by the time you get close. Of course there's a connection. It was the year man landed on the moon as the world watched. Remember "One small step for (a) man, one giant leap for mankind"? . Fine. So I guess the 1866 half dollars aren't collectible at all and should just be turned in for scrap. I hear people say this all the time and without exception they have piles of whatever they'd rather have and not a single one of the coin in question. They not only don't have it but usually have never even seen one. I'm not saying tht an '50-E is necessarily more desirable than a $20 gold piece, I'm saying it's far far far more scarce. Collect what you want to but ignoring moderns doesn't make them more common. I'm referring to the mainland China 5f piece. These were probably kindda low mintage but it's not listed. So if I buy an 1804 dollar for $3,000,000 I can always get the $23 melt value for it no matter what happens. This doesn't sound like a deal to me. If I buy $3,000,000 worth of circulating 5c coins they'll always be worth at least $4,000,000. Neither of these plans seem to make much sense to me. I'm going to buy coins I like and understand and to me clads are about the most fun you can have. They're probably the most bang for the buck too, but who cares. If my roll of Wyoming quarters doesn't go up in a few years I can spend it and get my whole $10 back less inflation. If my 1986 Irish 50P ever crashes I'll only be out a couple dollars but until then it's still worth $150. It will "always" be worth 50p. It doesn't matter if you put it in or not since it won't accept it. Imagine that. In the event of a deflationary depression that $23 protection for the 1804 dollar might just disappear. It might not even be worth a dollar. I bet I wouldn't have trouble spending clad. Maybe you're into the wrong coins.[/QUOTE]
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