Have Modern Coins Arrived???
segoja
Posts: 6,136 ✭✭✭✭
I point to the following facts:
1) In The PCGS 2008 Calendar, 25% of the coins featured are modern coins
2) David Hall Made an offer of $100 For a low grade PCGS Certified Ike
3) Russ deals in them, so they can't be "modern crap"
4) You forgot one... that PCGS will display the finest known modern set at FUN...Thanks Steve!
Thoughts.......
1) In The PCGS 2008 Calendar, 25% of the coins featured are modern coins
2) David Hall Made an offer of $100 For a low grade PCGS Certified Ike
3) Russ deals in them, so they can't be "modern crap"
4) You forgot one... that PCGS will display the finest known modern set at FUN...Thanks Steve!
Thoughts.......
0
Comments
<< <i>I point to the following facts:
1) In The PCGS 2008 Calendar, 25% of the coins featured are modern coins
2) David Hall Made an offer of $100 For a low grade PCGS Certified Ike
3) Russ deals in them, so they can't be "modern crap"
Thoughts.......
I don't know about all that but I do know that... The Calendar is Very Well Done.
THe 67Ike displayed is a really beauty!!! As is the 68 Kennedy Half. Good stuff!!!
Collector of Early 20th Century U.S. Coinage.
ANA Member R-3147111
Today's moderns are tomorrows classics (Mind you I mean the mint state coins, not the easy to find high grade proofs)
Ike Specialist
Finest Toned Ike I've Ever Seen, been looking since 1986
They began "arriving" in 1979 and and it's been bounding and leaping ever since. There have
been a series of important leaps and sign posts in the last couple years but there are some major
ones which yet lie in the future. You'll know they've truly arrived when some of the circulation is-
sues start getting significant premiums. ...when you see the clerk at the grocery look at change
other than just the states coins.
By the time they arrive they'll still be headed in all different directions. Time is change.
It need wait for nothing except the pyramids.
In honor of the memory of Cpl. Michael E. Thompson
<< <i>In 1935 were they laughing at Morgans and Peace Dollars??? Buy the prices they brought up to even the 60's I think they were!!!
Today's moderns are tomorrows classics (Mind you I mean the mint state coins, not the easy to find high grade proofs) >>
I have nothing against collecting modern coins, and even partake to a limited extent, but I think that the argument that today's moderns are tomorrows classics is somewhat fallacious. Why not just collect what you like and worry about tomorrow, tomorrow?
As far as "the facts":
1) In The PCGS 2008 Calendar, 25% of the coins featured are modern coins
My guess is that greater than 50% of PCGS's submissions is made up of moderns and ultramoderns (including bullion). It only makes sense for the calendar to reflect their business flow.
2) David Hall Made an offer of $100 For a low grade PCGS Certified Ike
David Hall also made a similar offer for an Indian $5 (or quarter eagle???) in Fair-2 or so. That only tells me that he has an interest, either business or personal, in ultra-low grade coins that are artificially worn. Even if David Hall publicly proclaimed that his favorite series are Ikes, SBAs, and Presidential dollars, one would have to suspect that the statement is made to promote business in these areas, not necessarily because he feels so.
3) Russ deals in them, so they can't be "modern crap"
Again, no disrespect to Russ intended (and my guess is that he would agree), Russ sells modern coins because he can make money doing so. If he could make the same margin with the same effort in another area of interest, no doubt he would do so.
Experience the World through Numismatics...it's more than you can imagine.
I give away money. I collect money.
I don’t love money . I do love the Lord God.
Steve
In memory of the USAF Security Forces lost: A1C Elizabeth N. Jacobson, 9/28/05; SSgt Brian McElroy, 1/22/06; TSgt Jason Norton, 1/22/06; A1C Lee Chavis, 10/14/06; SSgt John Self, 5/14/07; A1C Jason Nathan, 6/23/07; SSgt Travis Griffin, 4/3/08; 1Lt Joseph Helton, 9/8/09; SrA Nicholas J. Alden, 3/3/2011. God Bless them and all those who have lost loved ones in this war. I will never forget their loss.
This is, IMO good for the hobby.
Stimulates interest.
Everything was modern once.
Rather you collect Clsssical or modern is to me of no great consequence. What matters is that you enjoy the hobby and enjoy everthing that comes with it.
Enjoy what you collect, it's yours. Happy Holidays. jws