In 200 years, looking back: will the TPGs have created a big, fat...
Hyperion
Posts: 7,440 ✭✭✭
glut of extremely well preserved coins ?
figure; back in the day coins were used as currency (for the most part), they were made of valuable metals (silver/gold), when they weren't just using whatever was available and usable (copper?) as the need/value for the composition metals overwhelmed their use as currency, people melted them into big blobs and recycled them (destroyed them)
now with modern after modern coin slabbed and protected and encased (whether they should be or not), and without the inherent (sp) preciousness of modern circ coins... are we on the cusp of the end of numismatics as we know it?
With X (finite) amounts of indians, half dimes, capped bust, and UNC morgans and Saints just passing through hands, into other hand, and then into another set ?
Im sure people can pick apart my details and characterizations and Ill take everyones corrections with a smile, but I hope you get the basic point Im driving at. What will the numismatics of 2200 look like !?!?!? what current dynamics are shaping the future !!!
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Seriously.. I think that there are and will be enough nice classic coins to go around to future collectors--they might cost a whole lot more, but they will still be in demand and cherished. There are only a finite number of Ming vases and classic paintings--and they are always a hot item when they hit the open market.
Experience the World through Numismatics...it's more than you can imagine.
"Keep your malarkey filter in good operating order" -Walter Breen
December 4, 2199
Cherrypickers 5th Edition Finally Issued (SATIRE - - Not to be taken seriously)
After having taken pre-orders for 189 years, the publishers have finally been able to publish the 5th Edition of the famous Cherrypickers' Guide. Most of the delays this time around were no fault of the publishers, but resulted from the huge number of varieties included in the book. Publisher I. M. Joking said, "We had to issue the 5th Edition in twenty volumes this time. The sheer number of varieties of state quarters resulted in 6 volumes devoted to just state quarters, although the series ended in 2008. Once we got the Wisconsin extra leaves, we got the extra trees on Minnesota, then it seemed every state quarter had at least 50 varieties. Then the Presidential coins were issued, and we got varieties of facial expressions, including smirks (the George W. Bush dollar being famous for these), grins (the President Carter dollar has over 100 different grins), grimaces (the President Nixon dollar has over 200 different grimaces), strange smiles (no one knows what President Bill Clinton was doing when his dollar coin design was finalized, angry stares (it is believed President Hillary Clinton was looking at her husband), and the complete "falling" sequence for President Gerald Ford (which has become a popular set of varieties). Then we got the First Ladies coins, and the variations of hairstyles, lipstick, and nail length and colors ran into the thousands. After that, the Mint went to the First Pets series, and unfortunately was unaware of the engravers inside joke of creating "piles" near the First Pets when they were shown outdoors. The Mint then created the "Honest Politicians" series but couldn't find anyone to put on the coins. The effort to eliminate the Lincoln cent failed in 2009, and it wasn't until 2109 that the cent was eliminated. By then it really wasn't worth crap. Seriously. Now that crap is being used for fuel, crap is worth 10 times what common cents are worth. So there were another 103 years worth of Lincoln cent varieties, resulting in 5 volumes of the Guide being devoted to Lincoln cents. In 2059 the Bill Clinton two cent piece was created, because President Clinton always wanted to get his two cents in. In 2060 the Hillary Clinton twenty cent piece was created, because Mrs. Clinton believed her contributions were 10 times as important as her husband's. Both denominations were discontinued in 2075, but contributed several varieties, including some that should have remain unnamed. Jefferson nickels were made until 2138, for 200 years, until the design of the nickel was changed to "The Virginian" from the 1960's television show. Legislators from Virginia had kept the nickel design hostage for over 100 years until they were fooled by this ruse. The Virginian nickel was made for only two years, then the denomination was discontinued. The dime denomination was discontinued when it was realized that fewer people collected them than the half dimes last made in 1873. We could only find ten half dime collectors in the country and only 8 Roosevelt dime collectors. Since the Mint wasn't making any profit on only 8 collectors, they quickly discontinued the denomination in 2015. Kennedy half dollars continue to be made despite being collected only by two guys named "Russ" and "Marty". And despite many commentaries on the artistic merit of the Sacagawea dollar design, it was discontinued in 2100. All of these coins had numerous varieties resulting in this 18 volume Cherrypickers' Guide. Forklift is optional at a slight additional cost. The Cherrypickers' Guide is not yet available in DVD, but place your order now for delivery soon."
An authorized PCGS dealer, and a contributor to the Red Book.
For example I collect british proof gold with mintages less than 500 coins each year but the series is collected by type so they are only worth melt. This has already shown up in the classic US commems. Plenty of 2,000-6,000 mintage date and mint mark commems exist but they are not worth big bucks. The mint is training all the new converts into the market to collect by design and denomination as should be blatantly obvious to all of us. This shift in market training will show up in the next 20 years...........you will not have be around in 2200 to see it. 2020 will be good enough.
Eric
December 4th, 2199:
The Roosevelt Dime is finally getting re-designed and the new Dime will have Teddy Roosevelt on the Obverse and a wreath on the Reverse.
Later, Paul.
Later, Paul.
An authorized PCGS dealer, and a contributor to the Red Book.
<< <i>Dateline;
December 4, 2199
Lutetium found on Mars!
Four years ago the United Federation lauched a "Numismia Probe" to the southern reaches of Mars. The probe unmarsed (unearthed) a huge unknown reserve of the Nobel metal Lutetium. The Feration Mint has already sent teams to investigate the possibility to set up a branch Mint on Mars.
Found with almost all other rare-earth metals but never by itself, lutetium is very difficult to separate from other elements. Consequently, it is also one of the most expensive metals, costing about six times as much per gram as gold.
Lutetium is a silvery white corrosion-resistant trivalent metal that is relatively stable in air and is the heaviest and hardest of the rare earth elements.
This element is very expensive to obtain in useful quantities and therefore it has very few commercial uses up until now. The United Federation Mint has announced that all future coins will be struck from Matrian Lutetium allowing for the future of Numismatic to continue well into the future.
Note: the 2200-M Martian Mint Set will be available in the later part of the "Global Winter" of 2200. >>
Actually, who knows what the future will bring. I find your point interesting however. It is all about supply / demand; well actually more just demand. By slabbing coins are the TPG'ers increasing the future supply? I'm not sure; but I do know for sure that the US Mint is definately pushing the supply side.
Richard
A new element has been named "Governmentium." Governmentium (Gv) has one neutron, 25 assistant neutrons, 88 deputy neutrons, and 198 assistant deputy neutrons, giving it an atomic mass of 312.
These 312 particles are held together by forces called morons, which are surrounded by vast quantities of lepton-like particles called peons.
Since Governmentium has no electrons, it is inert. However, it can be detected, because it impedes every reaction with which it comes into contact. A minute amount of Governmentium can cause a reaction that would normally take less than a second to take over four days to complete.
Governmentium has a normal half-life of 4 years. It does not decay, but instead undergoes a reorganization in which a portion of the assistant neutrons and deputy neutrons exchange places. In fact, Governmentium's Mass will actually increase over time, since each reorganization will cause more morons to become neutrons, forming isodopes.
This characteristic of moron promotion leads some scientists to believe that Governmentium is formed whenever morons reach a critical concentration. This hypothetical quantity is referred to as critical morass. When catalyzed with money, Governmentium becomes Administratium -- an element that radiates just as much energy as Governmentium since it has half as many peons, but twice as many morons.
The rest is history
any other chemical or element in which it comes into contact and it's constituent parts
don't have to play by the same laws as other elements or particles.
As individual protons and morons fall off because of electoral or natural processes,
they remain a part of the element and have to be supported by chemicals around it.
There is no MSDS for this element but since it grows exponentially and relentlessly it
is considered hazardous in any amount.