@OKbustchaser said:
That coin prices are a one way street...up, up, and up. Therefore anyone can make money collecting coins.
A lot of veteran collectors, including me, once thought that the first sentence was true. For many years, most everything I purchased and held for 5+ years went up in value if it was a quality item. Over the last decade, that has ceased to be true.
Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
@blitzdude said:
Coin dealers are honest. Unsearched rolls. Natural toning.
Every coin for sale is lustrous, PQ, undergraded, original surfaces, great details, clean fields, top pop appeal, great strike, and the list goes on..
I made myself laugh the day I realized the coins I wanna buy all fit these terms and all the coins I pass on fall short. And that it's different for every collector and every piece.
Kennedy Half Dollars are hard to find and worth saving.
I had a Physics Professor from Egypt who was the Dept Chair with a PhD. She was probably there best Educator I ever had..... yet she believed this rubbish.
Brilliant Physicist but on a 3rd grade level about Coin value.
Good discussion, but truthfully, I don't know any new coin collectors, so I would have to say that most "people" think that if it's old it must be worth money.
I think that a lot of "new" coin collectors use Bay and as written above, listing stating "unsearched" rolls are truly BS...
Comments
A lot of veteran collectors, including me, once thought that the first sentence was true. For many years, most everything I purchased and held for 5+ years went up in value if it was a quality item. Over the last decade, that has ceased to be true.
Every coin for sale is lustrous, PQ, undergraded, original surfaces, great details, clean fields, top pop appeal, great strike, and the list goes on..
I made myself laugh the day I realized the coins I wanna buy all fit these terms and all the coins I pass on fall short. And that it's different for every collector and every piece.
Mind blown.
That you can be an expert at grading right away.
That pictures are an accurate representation of a coin.
Yes and those SAME coins are dreck/dogs when you attempt to sell them back.
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Kennedy Half Dollars are hard to find and worth saving.
I had a Physics Professor from Egypt who was the Dept Chair with a PhD. She was probably there best Educator I ever had..... yet she believed this rubbish.
Brilliant Physicist but on a 3rd grade level about Coin value.
🤔😯
Proof sets from the 50’s and early 60’s in “sealed” envelopes that might contain deep cameos.
Good discussion, but truthfully, I don't know any new coin collectors, so I would have to say that most "people" think that if it's old it must be worth money.
I think that a lot of "new" coin collectors use Bay and as written above, listing stating "unsearched" rolls are truly BS...