When will todays coins be considered "ancient?"

dan1ecu

Did it ever occur to you that your coins will far outlive you, and that some day the pieces that you treasure might be worthless (or nearly so)?

Do you think that people will always be interested primarily in contemporary coins, as opposed to ancient ones? If so, when will today's popular series be considered "ancient?" Obviously, collectors are very interested in 200 year old coins... but that's about the age of our country. If our country lasts 10,000 years, do you think that there will still be collectors of Morgan Dollars and Lincoln Cents, or will they be considered "ancient American" coins, and be of interest to relatively few people?

What do you think... are even the rarest, most desirable coins destined to become worthless in the distant future?

Dan

klorineforbrains

I don't think the coins will lose value (ever), just as "ancient" roman and even greek foins are collected today. Also, rarity will continue to grow.



<< <i>If our country lasts 10,000 years, do you think that there will still be collectors of Morgan Dollars and Lincoln Cents >>


At the current rate, they still willl be making lincoln cents 10,000 years from now.

cladking

Everything changes, everything passes and time don't fly it bounds and leaps.

Perception can change quickly or slowly but it will change.

nwcs

+500 years

Baley

In 1000 years, when there are 100 trillion human collectors spread throughout dozens of star systems in this part of the galaxy,
ancient metal 21st century "coins" will change hands for many many credits. After all, only about 250 million of each of the "state quarters" minted..
even 5 to 10 billion one cent coins from the late 1990s and early 2000's won't go very far when demand runs into the hundreds of billions of examples!

edit: just think what draped bust coins will go for!

klorineforbrains

Baley, that is a very optimistic view of the future.
And I was joking about the lincoln cent in my first post, Clad.

clackamas

My 2 year olds grandchildren will probably know the day when no money actually changes hands in the US. Just like silver coins to me Jeffersons will be something she may barely remember. To be considered ancient I think you have to go 500 years or more.

MadMonk

I'm waiting for Franklins to do just that!