Are coin series that have not gone up in value since 89/90 dead forever ?
barberlover
Posts: 2,228 ✭✭
I can name many series that only started going up in value for the first time in years in the last 2 or 3 years but are the others essentially dead forever ?
Les
Les
The President claims he didn't lie about taxes for those earning less then $250,000 a year with public mandated health insurance yet his own justice department has said they will use the right of the government to tax when the states appeals go to court.
0
Comments
This is evident in the Classic Car market. Only a few years ago pony cars with six cylinder engines were considered parts cars and had no real value. Today the are sought after as an affordable subsitute for a muscle car.
The same thing will happen in the coin market.
new collectors buying a lot of coins. It is quite likely that their tastes are going to
differ substantially from the tastes of older collectors. It is not difficult to picture
them getting into coins like an average circulated 1940-D quarter. This is a coin
which has no real market at the current time because it is too "common". There
were only 2.8 million made and this coin circulated freely for nearly a quarter of a
century with a fairly high attrition. When the government began removing silver
in 1968 there were still substantial numbers so these were destroyed. In 1980
this was exactly the sort of coin that hit the melting pot at prices up to nearly $10
per coin. They were percieved to be far too common to bother saving. While this
coin is hardly rare, one has to suspect that it could become an important key if
large numbers of people begin assembling sets of Washingtons.
There are many other coins which have similar survival rates in any grades or in
higher grades. While all these may or may not be involved in future price increases,
it is likely that at least some will enjoy a fairly steady increase in demand for many
years.