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Current Market - Moderns vs. Classics vs. Keys
FC57Coins
Posts: 9,140 ✭
in Q & A Forum
Greetings David!
The market seems to be turning sour on Modern coins. My read on it is that the hot areas are still high grade classics, as well as key date coins, but the market for clads, and common 20th century coins and even some pop-tops has cooled off significantly. What are your thoughts?
Frank
The market seems to be turning sour on Modern coins. My read on it is that the hot areas are still high grade classics, as well as key date coins, but the market for clads, and common 20th century coins and even some pop-tops has cooled off significantly. What are your thoughts?
Frank
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I have not seen a slacking of demand for modern coins. There still seems to be a great number of people collecting and putting sets together. What I think is happening is that 20th Century prices have gone up so much that some buyers are looking at the relative value of the 19th century stuff. The 19th century coins are rare enough that a small increase in demand can heat that market up pretty fast. I like the potential of all high grade U.S. coins now...1652 to 2003. The market just looks very healthy to me.
David