I dont post much anymore but I can't get it through my head the "casual collector" market is shocked
Hyperion
Posts: 7,464 ✭✭✭
is the entry-level "collector" market destroyed?!? you used to be able to buy a mediocre common morgan "cheap".,.. now you probably can't get them for under $100? It makes giving them to nieces and nephews prohibitive ...
I know I'm on a slabbing-subsidized-forum but... makes me sad.
on a brighter note, I've been handing off "junque" silver to my younger relatives. their sock drawers have increased values dramatically ![:\](https://forums.collectors.com/resources/emoji/confused.png ":\"){kind=small}
0
Comments
There’s a bit more to the market than just Morgan (and other) dollars.
And as just one “small” example, a lot of half dimes have barely been affected by the run up in silver.😉
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
No, there are many other niches.
We can use the interrobang now — ‽
But to put things in perspective, you can get slabbed Morgans in 63 for slightly over melt. 64's aren't much higher.
Speaking as one of those entry-level collectors, it hasn't really affected the coins in my price range except for things like common date Peace dollars and Morgans. If anything, because the premiums on better grade silver coins is shrinking, I suspect that right now is a great time for newbies. I think we'll start seeing more medium grade coins will come back into the market as collectors divest.
Newbie collector of type and circulated Peace dollars, photographer of places and animals, player of instruments and builder of amplifiers, espresso industry professional, and a person distracted by shiny objects. https://mycollect.com/Rule556/sets
Minimum wage was about $3.40/hr when I started working and is now about $20/hr [west coast]. Things change.
You know, I'm glad I made this post. there's MORE to the world than Silver and Gold so there will always be cost effective avenues for new collectors... it's probably more that I'm personally in shock
yeah, I'm very interested to see the effects where the "numismatic premium" over melt is eclipsed by the theoretical melt $ surge... I'm guessing the sheets will bear this out?
2026 year of the nickels!!!!!!
"But seek ye first the kingdom of God and His righteousness and all these things shall be added unto you" Matthew 6:33. Young fellow suffering from Bust Half fever.
BHNC #AN-10
JRCS #1606
And Lincoln cents have hardly changed...well, except 2025 cents. Lol
All comments reflect the opinion of the author, even when irrefutably accurate.
It's already happened.
Upstate prices
All comments reflect the opinion of the author, even when irrefutably accurate.
Unfortunately a fair number of collectors don’t like small coins. I learned that when I was a dealer.
I have long been fascinated by the early half dimes and have built an interesting collection of them. They are much rarer than the Flowing Hair and Bust Dollars, but far more collectors want the dollars.
I purchased Liberty quarter eagles from early 1900s at FUN. Their prices are yet to be affected by the gold bullion run up.