My (mostly) serious thoughts on the classic vs. modern argument...
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I think that once one has a command of the basically finite classic market, or as much as they desire,
there are some choices to be made.
One idea would be to go deep into the (infinite) research, and greater understanding available within a certain series, year, or another delineation of the classic market.
Another tack may be to learn about something completely different within numismatics. To some, an exiciting "new" (infinite) aspect to learn about may be "modern" coins.
Those who choose this, possibly new direction do not have a fault in their education, guidence, abilities, personality or intellingence. It is just a personal choice in time.
On the other hand, staying concentrated on the "classics" is less exciting, less invigorating (to me). Learn something completely new, I say. It adds, in unrealized ways, to the education one has within the series already "digested".
A generic "that market will crash" just won't do, any more. There ARE many specific areas of interest that have provided a positive track record, and show much promise. Gathering information and doing research are necessary in the "moderns"..... and really fun too!
There have been winners and losers in the modern coin market, as in stocks, classic coins, metals, and the list goes on...
But the education is available to anyone who has the desire to expand their numismatic knowledge, and recognized by only those with open minds.
Don't bite the apple???
<< <i>My serious thoughts on the, now classic argument, "classics vs. moderns"...
I think that once one has a command of the basically finite classic market, or as much as they desire,
there are some choices to be made.
One idea would be to go deep into the (infinite) research, and greater understanding available within a certain series, year, or another delineation of the classic market.
Another tack, may be to learn about something else regarding numismatics. To some, an exiciting "new" (infinite) thing to learn may be "modern" coins.
Their, possibly, new direction is not a fault of a person's education, guidence, abilities, or intellengence. It is just a personal choice.
On the other hand, stagnating in the "classics" is boring.... (to me). Learn something new, I say. A generic "that market will crash" just won't do, any more. There ARE many specific areas of interest that have provided and shown much promise. Gathering information and doing research are necessary in the "moderns"..... and really fun too!
There have been winners and losers in the modern coin market, as in stocks, classic coins, metals, and the list goes on...
But the education is available to anyone who has the desire to expand their numismatic knowledge, and recognized by only those with open minds. >>
Seriously, again, I see genuine arguments for both options, and respect both, as I had this same decision to make...
Moderns, then classic commems, now moderns again.
I can see how to some, that doesn't make sense...
But to me, it's all numismatics.
Nothing wrong with your decision. For me it was going from trying to complete a whole bunch of sets to trying to specialize in one area. To each his (or her) own certainly applies. No wrong way to be a coin collector.
<< <i>No wrong way to be a coin collector. >>
Agreed...There it is in a nutshell.
...
Next subject for agreement...."Collectors vs. Dealers, Collectors vs Collectors, Dealers vs. Dealers,"
We just love these people....and love to hate 'em...
What is really our problem...?"
...
and following that lively discussion, and its demise ....
Let's go to that pesky "pcgs/ngc" discussion. That's always a goodie.....
Maybe we can put that one to bed too...
and move on...
They, too, have a choice of "classic vs. moderns" BUT...
They may not agree, ie., coins from '32 on..., '59 on..., '64 on..., are "Moderns". They are all old coins, old dates.
1600's, 1700's, 1800's, 1900's, it's all in the past.
Perhaps to them, "Moderns" are coins with a "born on date" after their own. (well maybe not to that extreme, but...)
In other words, unless you want to consider a third side to this issue, "Ultra Moderns" perhaps,
it is time to "let it go"....
I fully understand how classic collectors usually find the moderns and certainly there are
real differences in metallic content, mintages, etc., etc.... While most classic collectors
will probably never embrace moderns it is very likely, even a virtual certainty, that collectors
will eventually just accept and collect both classics and moderns without distinction. How-
ever future collectors find these coins the prices will always be determined by supply and
demand and collectors will always be doing the same thing: collecting coins they find inter-
esting and trying to get as much rarity and value as they can for as little cost as possible.
<< <i>In the long run there really isn't any difference between classic and modern. Oh sure,
I fully understand how classic collectors usually find the moderns and certainly there are
real differences in metallic content, mintages, etc., etc.... While most classic collectors
will probably never embrace moderns it is very likely, even a virtual certainty, that collectors
will eventually just accept and collect both classics and moderns without distinction. How-
ever future collectors find these coins the prices will always be determined by supply and
demand and collectors will always be doing the same thing: collecting coins they find inter-
esting and trying to get as much rarity and value as they can for as little cost as possible. >>
What he said.
its OK. In a collecting career, a person way go from modern to classic and back to modern.
In some cases a collector may collect both modern and classic at the same time. At certain times
in a persons life, affordability is necessary to allow collectability. As one becomes more affluent,
then a greater range of opportunities opens up as to type and grade collected. Its a hobby after all
and pleasure and joy are the primary goals.
Camelot