Short of telling it like it is and giving away what many serious collectors consider their personal preferences, this question will always remain moot with the wide diversity of collectors!
Leo
The more qualities observed in a coin, the more desirable that coin becomes!
Because there is a vocal minority who can't be content just saying "I'm not interested" or "I prefer pre civil war coins". They need to attack things which they don't appreciate and insist that others shouldn't like them either.
For the record, I currently own more collectable coins with dates that start with 17 than 20 but I'm working on the latter.
<< <i>Pringles............. well that was just plain funny as hell >>
Yes, but also a rather apropos analogy. Compare your classic kettle-fried, thick sliced potato chip with a modern Pringles. On one hand, you have a chip with significant crunch, substantial mouth-feel, the occasional "high-relief" bubble, and no question that it came from a potato based on appearance and taste. It needs no other flavoring than a little salt. On the other hand, you have a low-relief, pressed amalgam of mashed potato and potato by-products formed into a sterile shape and packed in a sterile tube. "Fiat chips," if you will. To make them less boring, they're delivered dressed in assorted artificial flavors and colors, or with American Idol trivia questions stamped on them. In order to get the same satisfaction as I do from a "Crunchers" chip, I have to put a stack of them in my mouth at once.
<< <i>Pringles............. well that was just plain funny as hell >>
Yes, but also a rather apropos analogy. Compare your classic kettle-fried, thick sliced potato chip with a modern Pringles. On one hand, you have a chip with significant crunch, substantial mouth-feel, the occasional "high-relief" bubble, and no question that it came from a potato based on appearance and taste. It needs no other flavoring than a little salt. On the other hand, you have a low-relief, pressed amalgam of mashed potato and potato by-products formed into a sterile shape and packed in a sterile tube. "Fiat chips," if you will. To make them less boring, they're delivered dressed in assorted artificial flavors and colors, or with American Idol trivia questions stamped on them. In order to get the same satisfaction as I do from a "Crunchers" chip, I have to put a stack of them in my mouth at once. >>
<< <i>Pringles............. well that was just plain funny as hell >>
Yes, but also a rather apropos analogy. Compare your classic kettle-fried, thick sliced potato chip with a modern Pringles. On one hand, you have a chip with significant crunch, substantial mouth-feel, the occasional "high-relief" bubble, and no question that it came from a potato based on appearance and taste. It needs no other flavoring than a little salt. On the other hand, you have a low-relief, pressed amalgam of mashed potato and potato by-products formed into a sterile shape and packed in a sterile tube. "Fiat chips," if you will. To make them less boring, they're delivered dressed in assorted artificial flavors and colors, or with American Idol trivia questions stamped on them. In order to get the same satisfaction as I do from a "Crunchers" chip, I have to put a stack of them in my mouth at once. >>
Moderns offer the ideal way to enter the hobby and learn the subtleties of grading, die errors and varieties, without "paying dues" to the classic dealers.
In the past new collectors would come into the market and (usually) make plenty of mistakes buying overgraded, damaged, cleaned coins for inflated prices, from dealers.
Now, new collectors can come into the hobby, buy coins on eBay or raw from the bank, grade the coins themselves, and even resell the coins at reasonable prices, back on eBay.
All of this can cut into the classic dealers pockets, and thus, "Modern Cr@p".
Overall, I think the classic dealers should realize two things;
1) All the new "Modern" collectors will lead to an increase in classic collectors as the newbie's interests expand. 2) They know a whole lot less about "Moderns" than they think they do.
There are a lot of interesting varieties and less abundance of certain issues than the classic dealers realize.
Calling "moderns" cr@p shows ignorance, not wisdom.
Modern coins aren't crap. They are a fun thing to collect and in grades less than 70 are reasonably priced. Many of them commemorate interesting events and the study of them surely can bring elightment to anyone seeking it. Additionally, not everone has a huge pocketbook, and we should encourage people to collect whatever it is that gives them pleasure.
No coins are crap. Fun is where you find it. If you have experience in the hobby, you'll chose coins that interest you and value them based on your own experience. Post a picture of your house or car online and someone will likely tell you it sucks too, or that you overpaid.
Developing theory is what we are meant to do as academic researchers and it sets us apart from practitioners and consultants. Gregor
Newbie here but don't moderns eventually become classics? Does that mean that my Kennedy HD will not be anything in 50 years? I really don't expect to make any money but my grandkids might be in for a shock when they open a box of coins from 80 years ago
<< <i>Newbie here but don't moderns eventually become classics? Does that mean that my Kennedy HD will not be anything in 50 years? I really don't expect to make any money but my grandkids might be in for a shock when they open a box of coins from 80 years ago >>
Sure moderns become classics and historically that has taken ten or twenty years. But take it from me, don't waste your life waiting for it to happen. Don't collect moderns because they will be classics some day because it won't happen till it happens.
If you like any coin then go ahead and collect it. If you want to save new coin for the future for altruistic or selfish reasons then do it. It is important that somebody does it in every gen- eration. But don't be sure you'll get rich or even make a profit. Even when you're right with this sort of thing, you can still be very very wrong.
The reasion I dont realy like modern coins is, they can make more of them... the older the coin, the less there are. My dad collects newer stuff and I dont see why. yea they might look better, and you can get them in proof and rev. proof, but they can always just remake the new ones if the pop gets low. Thats my opinion.
Comments
Cladking---well he always makes sense even though I don't always agree with him
Pringles............. well that was just plain funny as hell
Short of telling it like it is and giving away what many serious collectors consider their personal preferences, this question will always remain moot with the wide diversity of collectors!
Leo
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
Because the Mint chose to make them that way.
....had to lighten up the discussion a little.
NSDR - Life Member
SSDC - Life Member
ANA - Pay As I Go Member
For the record, I currently own more collectable coins with dates that start with 17 than 20 but I'm working on the latter.
--Jerry
<< <i>Pringles............. well that was just plain funny as hell
Yes, but also a rather apropos analogy. Compare your classic kettle-fried, thick sliced potato chip with a modern Pringles. On one hand, you have a chip with significant crunch, substantial mouth-feel, the occasional "high-relief" bubble, and no question that it came from a potato based on appearance and taste. It needs no other flavoring than a little salt. On the other hand, you have a low-relief, pressed amalgam of mashed potato and potato by-products formed into a sterile shape and packed in a sterile tube. "Fiat chips," if you will. To make them less boring, they're delivered dressed in assorted artificial flavors and colors, or with American Idol trivia questions stamped on them. In order to get the same satisfaction as I do from a "Crunchers" chip, I have to put a stack of them in my mouth at once.
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
<< <i>There's actually a "snob" thing behind the term "modern crap".
But for the most part the term is playfully used tongue-in-cheek. >>
If so shouldn't it be, "moboom cwap"
(Priest) BLASPHEMY he said it again, did you hear him?
<< <i>
<< <i>Pringles............. well that was just plain funny as hell
Yes, but also a rather apropos analogy. Compare your classic kettle-fried, thick sliced potato chip with a modern Pringles. On one hand, you have a chip with significant crunch, substantial mouth-feel, the occasional "high-relief" bubble, and no question that it came from a potato based on appearance and taste. It needs no other flavoring than a little salt. On the other hand, you have a low-relief, pressed amalgam of mashed potato and potato by-products formed into a sterile shape and packed in a sterile tube. "Fiat chips," if you will. To make them less boring, they're delivered dressed in assorted artificial flavors and colors, or with American Idol trivia questions stamped on them. In order to get the same satisfaction as I do from a "Crunchers" chip, I have to put a stack of them in my mouth at once. >>
Clad doesn't crunch.
<< <i>
<< <i>
<< <i>Pringles............. well that was just plain funny as hell
Yes, but also a rather apropos analogy. Compare your classic kettle-fried, thick sliced potato chip with a modern Pringles. On one hand, you have a chip with significant crunch, substantial mouth-feel, the occasional "high-relief" bubble, and no question that it came from a potato based on appearance and taste. It needs no other flavoring than a little salt. On the other hand, you have a low-relief, pressed amalgam of mashed potato and potato by-products formed into a sterile shape and packed in a sterile tube. "Fiat chips," if you will. To make them less boring, they're delivered dressed in assorted artificial flavors and colors, or with American Idol trivia questions stamped on them. In order to get the same satisfaction as I do from a "Crunchers" chip, I have to put a stack of them in my mouth at once. >>
Clad doesn't crunch. >>
So it's even worse than Pringles?!
Obscurum per obscurius
In the past new collectors would come into the market and (usually) make plenty of mistakes buying overgraded, damaged, cleaned coins for inflated prices, from dealers.
Now, new collectors can come into the hobby, buy coins on eBay or raw from the bank, grade the coins themselves, and even resell the coins at reasonable prices, back on eBay.
All of this can cut into the classic dealers pockets, and thus, "Modern Cr@p".
Overall, I think the classic dealers should realize two things;
1) All the new "Modern" collectors will lead to an increase in classic collectors as the newbie's interests expand.
2) They know a whole lot less about "Moderns" than they think they do.
There are a lot of interesting varieties and less abundance of certain issues than the classic dealers realize.
Calling "moderns" cr@p shows ignorance, not wisdom.
<< <i> Calling "moderns" cr@p shows ignorance, not wisdom. >>
Is it ignorance or is it arrogance?
<< <i>
Clad doesn't crunch. >>
So it's even worse than Pringles?!
I guess so, since any crunching you hear will be your teeth.
...They still taste good though, says Charlie The Tuna.
and it sets us apart from practitioners and consultants. Gregor
<< <i>Newbie here but don't moderns eventually become classics? Does that mean that my Kennedy HD will not be anything in 50 years? I really don't expect to make any money but my grandkids might be in for a shock when they open a box of coins from 80 years ago >>
Sure moderns become classics and historically that has taken ten or twenty years. But take
it from me, don't waste your life waiting for it to happen. Don't collect moderns because they
will be classics some day because it won't happen till it happens.
If you like any coin then go ahead and collect it. If you want to save new coin for the future
for altruistic or selfish reasons then do it. It is important that somebody does it in every gen-
eration. But don't be sure you'll get rich or even make a profit. Even when you're right with
this sort of thing, you can still be very very wrong.
...And welcome aboard.
John
Never view my other linked pages. They aren't coin related.
Leo
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection