Do you consider today's moderns, tomorrow's classics?
fcloud
Posts: 12,133 ✭✭✭✭
I collect what I like--my favorite series is the Mercury Dimes; however, I also like some modern coins, and see a lot of modern bashing. Just think if the coins of yesteryear, were preserved as some collectors are doing today with the moderns. As hard as it may seem, these coins will be sought after many years from now by collectors.
Fixed the spelling error in the title. Thanks dbldie55!
Fixed the spelling error in the title. Thanks dbldie55!
President, Racine Numismatic Society 2013-2014; Variety Resource Dimes; See 6/8/12 CDN for my article on Winged Liberty Dimes; Ebay
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Comments
Steve
So that is where I will go with this.
Moderns have been the ignored coins for decades.
When clad coinage first appeared they were immediately rejected by ALL.
No one wanted them, not even at face value. Let alone as part of a collection.
In my area and most of the country that I have traveled to the dealers still refuse to consider them as real coins.
That is why I have chosen moderns as my area of study and collecting.
Because anything that the dealers do not like has got to be good (Contrarian view point has always worked for me).
I like moderns.
For one thing they can be acquired very cheaply in raw condition (because of dealer apathy about the coins ( I did not want to say ignorance)).
And two if you know how to grade and not just guess you can make a nice profit with them.
Just my thoughts for a Sunday morning.
Glen
There may be a few coins from this period that will be considered classics. How long it will take and what coins that will be is yet to be seen. Not to confuse the issue too, I don't equate a high grade pop 1 coin to being a classic. There are some who sell coins that like to describe coins in this fashion to attract collectors, and I believe this will continue. Also, let's not forget what Registry Fever has done to coin prices
IMO
Strickly from a presevation state, I would have loved it if more collectors from the early years of coin collecting whould have preserved the coins in MS conditions. 100 or more years down the road I would think many collectors will be delighted to find uncleaned, unfingerprinted, untampered with, etc commemorative coins in durable plastic cases. I have seen many older coins ruined by unknowing collectors trying to make a coin better by cleaning it with a pencil eraser, or polishing it like a Military belt buckel, or dipping it untill all luster is gone. These modern certified coins are protected for future generations.
I hope in time these coins will become as appreciated as other coins. I remember hearing from dealers the Silver Half Dollar Commemoratives ended in the 1950's because people lost interest. I hope that does not happen with the commemorative program the mint now has in place.
Tony
President, Racine Numismatic Society 2013-2014; Variety Resource Dimes; See 6/8/12 CDN for my article on Winged Liberty Dimes; Ebay
we will have a cashless society. How far in the future this will occur is a matter
of debate, but I feel it is a certainty. 50-100 years after this occurs, ALL coins will
be considered classics!
Gaze upon it in awe.
Russ, NCNE
Sure, but it will be long after I'm dead.
My posts viewed
since 8/1/6
changes nothing about the age of the coins, their importance, or their collectibility. Indeed
the bashing tends to high light not only the coins but the fact that they've always been so
hated.
The primary determinants of collectibility have always been that the object was very widely
available to very large numbers of people and that the object was either disliked or dismissed
as unimportant. The former contributes to their historical importance and the latter insures
that few were saved and that they get people's attention in the long run.
These were minted in the multi-billions and used by 5 generations of Americans. People who
have had any interest in them have been ridiculed for decades.
These are such extensive and diverse series anymore that there are no statements which can
possibly apply to all of them except their age and it would seem that most collectors even dis-
agree on that.
Looks like a classic to me.
Camelot
<< <i>Its all perception. Ask the question again in 20 years. >>
That's a thought. Perhaps PCGS will provide a time capsule to hold guesses of what the future of the current moderns will be in 20 years. The member who's guess is closest to the market condition at the time will win a prize, whatever the prize may be. If nothing else, bragging rights. If you're around to brag that is.
different than a proof 70! Pop. reports are meaningless as most proofs from this era are not cost-effective to submit, and modern minting
techniques guarantee that just about everything is DCAM. This is where
"condition" rarity will be a hoax!
bruce scher
by then the state quarter series, the presidential half series, the kentucky derby winner dimes, the presidential birthplace nickels, the state capital pennies - will have kept the mint busy selling collectibles
I don't think a collector looking back on today's coins 100 years from now will be the same, in relative terms, as one of us looking back on the coinage of 100 years ago. This is because there had been a decline in quality, in absolute terms, of today's coinage, compared to the coins of the past.
Yesterday's coins reflected, with beauty and class, the ideals of a rapidly evolving and growing nation. Today's coins are poorly designed artistically and thematically, and are cheap base metal tokens with no intrinsic value. For these reasons, they will continue to be less interesting than, and will remain in the shadow of, their true classic counterparts.
<< <i>Only time will tell, of course, and there will be exceptions, but I would say no overall.
I don't think a collector looking back on today's coins 100 years from now will be the same, in relative terms, as one of us looking back on the coinage of 100 years ago. This is because there had been a decline in quality, in absolute terms, of today's coinage, compared to the coins of the past.
Yesterday's coins reflected, with beauty and class, the ideals of a rapidly evolving and growing nation. Today's coins are poorly designed artistically and thematically, and are cheap base metal tokens with no intrinsic value. For these reasons, they will continue to be less interesting than, and will remain in the shadow of, their true classic counterparts. >>
You've softened a little bit here.
Not all moderns are low quality.
Not all moderns are "cheap base-metal tokens".
Not all are poorly designed.
Try to keep in mind that indian cents and two cent pieces and the like are base metal also.
Small change has always in recorded history been composed of base metal. This hardly means
they aren't collectibles or classics.