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Replies: 49 / Views: 11,531 |
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New Member
United States
44 Posts |
Quote: Franklins are probably best for stacking. For half dollars, I would agree, and the 64 Kennedy's.
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Pillar of the Community
United States
2271 Posts |
People hate moderns.
Well, more accurately old timers hate moderns and most of the younger people who began collecting between 1965 and 1998 hate moderns. The difference in price is largely caused by this. But things are changing as old timers are retiring and being replaced by young collectors. Millions of younger adults and children who began collecting the "new" quarters (the '99 is a generation old now) don't hate modern at all and a larger percentage are collecting them. This is already stressing supplies of mint set made since 1964 and some proof sets. As more retailers get involved and more collectors who used to find their coins in mint sets find they have to buy singles there will be a massive "filling the supply pipeline". This will stress supplies even further.
Don't invest in any coin but if you are interested in any moderns now is the time to acquire them because most prices are still at rock bottom (you can buy 90% silver proofs at melt) and those on the way up are not coming back down for the foreseeable future.
Edited by cladking 08/12/2021 5:00 pm
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Pillar of the Community
United States
634 Posts |
How old do you have to be, to be an old timer? LOL
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Pillar of the Community
United States
2271 Posts |
Age is always a state of mind but I consider coin collectors over 50 to be "old timers". Most are baby boomers. Normally "50" is still pretty young but in coin collecting I think they need to be grouped with the older collectors because we all share so many perspectives.
Some younger collectors are "old timers" as well and especially those who started collecting from the mid-'80's to mid-'90's but there are few enough to stick them in with the younger collectors and not destroy the meaning of the terms.
Time don't fly, it bounds and leaps.
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Bedrock of the Community
United States
17884 Posts |
Quote: How old do you have to be, to be an old timer? LOL Well for starters you have to be about 60 years old to even remember silver in everyday circulation. If you are much younger that that, why have a fascination for silver and a hated of clad? You've never used anything but clad.
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Pillar of the Community
United States
7191 Posts |
Well, I'm an "old timer" but I do like many modern coins but dislike clad coins. I like modern silver proof sets, American Silver Eagles and silver and gold modern commemorative coins.
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Pillar of the Community
United States
634 Posts |
According to cladking's description, I am for sure an old timer. My main collections start with the Barbers and Indian heads, but I still have that urge to fill holes with the moderns.
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New Member
United States
44 Posts |
Quote: Don't invest in any coin but if you are interested in any moderns now is the time to acquire them because most prices are still at rock bottom (you can buy 90% silver proofs at melt) and those on the way up are not coming back down for the foreseeable future. I don't know of anyone selling the 90% silver proofs at melt, unless they were run over by a truck.
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Pillar of the Community
United States
2271 Posts |
Quote: I don't know of anyone selling the 90% silver proofs at melt, unless they were run over by a truck. I probably should have said "based on melt" and it's been some years since I've seen this price. Wholesale prices can be pretty low on some things. With the low mintage of the silver proofs and increasing demand it would hardly be surprising if a market is developing here.
Time don't fly, it bounds and leaps.
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New Member
United States
44 Posts |
Quote: With the low mintage of the silver proofs and increasing demand it would hardly be surprising if a market is developing here. I'm with you on that. I haven't been to a good coin show in quite a while, but on ebay at least, I'm amazed at the prices being paid for the raw silver proofs of the last 10 years.
Edited by jmgi2020 10/02/2021 8:18 pm
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Pillar of the Community
 United States
5180 Posts |
Don't forget that for sellers to make a profit on ebay, they must price their coins at least 10-15% higher (than melt) in order to recoup the ebay fees.
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New Member
United States
44 Posts |
Quote:Don't forget that for sellers to make a profit on ebay, they must price their coins at least 10-15% higher (than melt) in order to recoup the ebay fees. That's true. I guess I need to hit a coin show, that would give me a better idea of the true prices being paid for them.
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Valued Member
United States
104 Posts |
Sounds good to me I have 1,1967 silver Kennedy,price increase would make me happy.
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New Member
United States
44 Posts |
Quote: Well, I'm an "old timer" but I do like many modern coins but dislike clad coins. I like modern silver proof sets, American Silver Eagles and silver and gold modern commemorative coins. I will second you on the modern silver proof sets  If you can get the complete proof set, or even the stand alone quarter sets for a real good price, they make great coins for your silver stack, but they have to be as close to melt as possible. The deals are out there.
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Pillar of the Community
United States
876 Posts |
Made my weekly 90% purchase 2 days ago. I decided to buy halves as no Britannia's or Maple Leafs available. There were 5 90% Kennedy Proofs among them so how I could I pass them up. 1993x1, 1996x1, 2005x1, 2010x2. So melt seems to be higher than numismatic value. Into the stack they go.
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Replies: 49 / Views: 11,531 |