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Posted 08/03/2010 6:05 pm
http://www.numismaster.com/ta/numis...icleId=12619
These links don't always work here so this is some of the mentioned article;
There's always constant change and evolution in everything and the author makes some valid points. But there will always be demand for quality and rarity in all its forms in collectibles. Many world and US moderns will prove quite elusive even as type coins since moderns were not saved. All over the world people quit saving coins between 1950 and 1965 and didn't start again until the new millenium. This can't be undone because most of the coins that weren't saved are already lost forever.
These links don't always work here so this is some of the mentioned article;
Quote:
The Mint has estimated that 100 million U.S. citizens have or do collect these changing design series in various forms. That's staggering market exposure by almost any measure and even if the number is a little optimistic it is training new collectors to expect a high level of design differentiation in their sets.
Much of the world has a design- and denomination-rich coinage history to draw from that stretches over thousands of years. They tend to stress collecting by type as a result.
It takes time for new collecting habits to show up in the broader market just as it took about 40 years or one generation for collecting by date to fully give way to collecting by date and mintmark. Similar changes are afoot now and it is showing up clearly in silver proof Washington quarters because they have had a little time to mature.
The Mint has estimated that 100 million U.S. citizens have or do collect these changing design series in various forms. That's staggering market exposure by almost any measure and even if the number is a little optimistic it is training new collectors to expect a high level of design differentiation in their sets.
Much of the world has a design- and denomination-rich coinage history to draw from that stretches over thousands of years. They tend to stress collecting by type as a result.
It takes time for new collecting habits to show up in the broader market just as it took about 40 years or one generation for collecting by date to fully give way to collecting by date and mintmark. Similar changes are afoot now and it is showing up clearly in silver proof Washington quarters because they have had a little time to mature.
There's always constant change and evolution in everything and the author makes some valid points. But there will always be demand for quality and rarity in all its forms in collectibles. Many world and US moderns will prove quite elusive even as type coins since moderns were not saved. All over the world people quit saving coins between 1950 and 1965 and didn't start again until the new millenium. This can't be undone because most of the coins that weren't saved are already lost forever.
Time don't fly, it bounds and leaps.
