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 Replies: 11 / Views: 2,878 |
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Pillar of the Community
United States
1613 Posts |
As an ANA member, I just received this months issue of the Numismatist. Inside is a great article on the collectability factor of clad-coins, or rather a lack thereof, particularly in grades below mint state 65. While the piece goes into explaining why these coins are passed over by many, I pondered the thought and decided to get a feel from the community. So, do you collect these? If so, what grade range, slabbed or raw to put in Whitman or Dansco folders? Comments and thoughts always welcome and appreciated.  ANA member - PAN Member - BCCS Member There are no problems only solutions - the late, great John Lennon
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Bedrock of the Community
Australia
21786 Posts |
I collect U.S. coins as well as World coins generally.
U.S. coins comprise by far the largest part of my World coin collection.
I am not really bothered with coins generally for any country,
after silver was withdrawn from circulation for a relevant country, U.S. included.
However, I collect the associated base metal coinage that circulated alongside the silver.
I do have an extensive collection of Australian base metal coins issued after 1966, (about 150 commemorative types), but only those taken from circulation at face value.
Couldn't be bothered with NCLT issues sold to collectors at exorbitant prices.
For me, a coin was issued into circulation, to be used as money.
That was how the ancient Greeks used their coins.
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Pillar of the Community
United States
3755 Posts |
Yes, I collect it in higher grades for the most part. Pennies and nickles I hoard up until 1959. After that, I look for MS. Dimes and quarters, if its silver, I keep it. Unless it is complete garbage. Same for halves. Clad in those, again, MS.
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Pillar of the Community
Canada
999 Posts |
I try to keep it simple: grab the nicest coin I can find from circulation and stick it in my album. If I find a nicer one later on, then it gets upgraded. NCLT is an annoyance because then I have to pay over FV for it.
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Pillar of the Community
United States
2270 Posts |
It doesn't matter what anyone tells you, collectors don't like this stuff. I've thought for decades they'd wake up and see they're ignoring desirable, historical, attractive and rare coins that can be collected on the most modest budget but the fact is if they haven't by now there's every chance they never will. Sure the scarcest moderns get some attention and the highest grades do but scarcity doesn't matter much in series that aren't collected.
I wouldn't really "avoid" collecting moderns but I'd advise collectors to be very cautious. If you pay a premium for anything but the highest grades and the scarcest coins you might not recover it. If you want to collect it then collecting from circulation is a ton of fun. You can generally buy nice Gems for next to nothing so they aren't very risky. Unless you want to collect them just stay away.
Time don't fly, it bounds and leaps.
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Pillar of the Community
United States
1026 Posts |
If you truly are "collecting" and not investing then, yes you can put together a nice set of moderns very cheaply. I go back and forth myself. I have some moderns. My nickels are circulated. I'm working on a set of Ike proofs. But I'm not looking to make a profit. I'm just having fun collecting coins that I like.
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Pillar of the Community
United States
7189 Posts |
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Pillar of the Community
United States
2023 Posts |
I have the modern circulating pieces only for my type set. I get the clad P and D Kennedy halves for my album just for fun, and I get the Native American dollars because I like the changing designs. |
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Moderator
 United States
187950 Posts |
Quote:
So, do you collect these? If so, what grade range, slabbed or raw to put in Whitman or Dansco folders? Yes, typically from circulation and they go in my Dansco albums. I have a PCGS Ike set as well. All proof coins are PR69. All business strikes are MS64 to MS67. |
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Valued Member
United States
425 Posts |
I collect new specimens these through the various proof and mint state sets offered each year. Circulated coins are for spending money.
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Pillar of the Community
 United States
1613 Posts |
Thanks for the many replies. Personally, I collect clad coinage since quite honestly I love coins. However, none will ever have the look and appeal which only silver has in circulated condition. Which is perhaps their biggest drawback as far as collectability goes. Since I have complete series runs of all the denominations, unless in near mint state I chuck them in a coffee can to spend as needed. With little upside I have to wonder if these may get a bit more recognition in the distant future. Say in a hundred years.
ANA member - PAN Member - BCCS Member There are no problems only solutions - the late, great John Lennon
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Valued Member
United States
187 Posts |
The moderns I collect are MS65 or above. To add value I only collect toned varieties with beautiful color !!
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Replies: 11 / Views: 2,878 |
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Posted 03/10/2020 5:05 pm
