Why not collect old US coin?

stephunter

<< <i>As my wife would say: "You paid that much for a penny, give me a few of those and I can buy a paper" >>



Or "a whole he// of a lot of shoes".

Smitty79

<< <i>They're generally more difficult to find in "untampered with" form.

-Daniel >>



Yep, that's it. And when you do find 'em, they go for moon money.

cladking

<< <i>

Yeah why do I collect this old crap anyway... new Eisenhowers and Kennedys are much prettier, have lower mintages, have more history, have a better collector base, no two are exactly alike, very hard to find in uncirculated and proof condition, are made on the most modern equipment, and come from the Mint fully protected in plastic untouched by human hands. >>



Gemini: Your coin truly speeks for itself. Some of us can hear the 2001 coins speak to us as well.

Gemini

>>

Gemini: Your coin truly speeks for itself. Some of us can hear the 2001 coins speak to us as well. >>


Thanks Cladking but my coin is far from being a MS coin like the 2001's and has minting imperfections that would drive a modern coin collector crazy. You can't even tell what the denomination is from the surfaces but it is a dollar. I can't even imagine where the silver came from to make this coin. Many questions to ponder but even with its shortcomings by modern standards I still enjoy it.

LanLord

I believe cladking owes me an apology coin for creating this highly tasteless thread!

And for all those that truely believe you have a valid reason for not collecting old US coinage, GOOD !! I don't need any more competition.

LanLord

<<I hope folks who collect crusty bustys and all of these things truly enjoy that aspect of the hobby. Please don't expect profits down the road as aging collectors are not replaced by newbies.>>

I doubt that I will be making a profit on my coins, I do believe my family will if they decide to part with my object of lunacy once I croak!

CharlotteDude

The chance of an early bust Half Eagle or Eagle existing in Deep Ultra Cam w/Accented Hair Frothed Skim Mocha Whip w/Soy is slim to none...

Barry

There are SO many dealers that make a market in old coins, it's hard to decide from which one to buy.

Mercury

This may have been said already but, You are far more likely to end up with a counterfit coin when collecting old US coins than when collecting modern coins. Who in there right mind would go to the trouble to produce counterfit Susan B Anthony Dollars or Nevada State Quarters?

cladking

<< <i>I believe cladking owes me an apology coin for creating this highly tasteless thread!

And for all those that truely believe you have a valid reason for not collecting old US coinage, <STRONG>GOOD</STRONG> !! I don't need any more competition. >>



It is a highly tasteless thread. Unfortunately all apology coins are just modern crap and no one ever takes them.

cladking

ttt

Baley

Why not to collect old US coins? Lots of reasons:

They're old, dirty, worn out, sometimes damaged, always hard to find in any grade, and kind of expensive when you do, because sellers don't want to give them away, and the price guides can be way behind. Also, it's very tough to "make" value in these kinds of coins using paper, ink, and plastic. They usually cost about the same, raw or slabbed, when traded between knowledgeable buyers and sellers, and while being in "a holder" may add some cost, it's not usually multiples of the "uncertified" cost.



Yes, there are many reasons not to collect old "used" coins, but to instead collect the shiny, high grade *new* ones now put out in endless supply from our friendly mint.

Myqqy

It's obvious to me now that old coins suck. I have seen the light.

Cladiator

Because the less of you that collect old coins means the more old coins for me to foolishly collect

Gemineye

Too many.. OLD.. people collect old coins.......................

Oh! Oh! Here come the Flames now...............................................