What Type Of Collector Are You ?

I prefer circulated pieces because of the added character. I have no desire (nor means) to buy high graded MS coins that cost exponentially more than their circulated cousins. Give me that 1909-S VDB in F any day!

Since I mostly cherry-pick my coins, they're far easier to find in circulated grades than MS.
I also think MS coins are pushed up too high due to being an "investment grade".

I prefer higher grade MS coins over circulated coins and to be honest the only coins that are circulated are in my 7070 album where I had to settle for some of the coins in AU because of price so I could fill the hole without taking a loan out on my house. But AU-50 is the lowest grade coin I believe I have in my collection so I guess I am in the second category

I prefer the highest grade that I can afford. For investment, I don't think it makes any difference ' a rising tide raises all boats'. I like the detail of the higher grades. The mint takes a lot of pride in designing and striking coins. I appreciate their work.

Having several Large Cents that could have been held by George Washington or Ben Franklin, or a Colonial that could have been held by Ethan Allen or in the pocket of a soldier during the Revolutionary War, I think I will stick with the circulated coins. I'd say that 85% of my coin holdings are circulated. Like jbuck stated, they have special character about them not to mention the historical aspect.

I am not sure it will. I think the market will die off generally, as people have less to spend. However, those with money will be looking for other places to put it now shares are worthless. At least if history is any indication.

Usually this would have been real estate, but that is just as unattractive at the moment. So that leaves the so called specialist investment areas. And this includes high quality coins, notes, art work and the such. I think if anything, prices of the more sought after coins are only going to climb.

There is no "think", it's "fact".

The MS scale was created to price coins, not grade them. A 12 coin should sell for three times as much as a 4 coin, and 1/5 as much as a 60. A 66 should sell for 10% more than a 60. Anything other than that is people overpaying for higher grades.

Anyone who thinks the TPGs can tell the difference between high grades is on drugs. Crack out ten MS70s and resubmit them and see what you get. So why pay big bucks for a difference that doesn't exist?

IIRC, the Stickley 1804 dollar has been graded everywhere from nice circulated to Proof 62, and this by the biggest experts in the industry. They can't even agree whether it's a business strike or a proof!