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Some Differences I've Noted Between Classic & Modern Collectors & Their Coins

Collectors of classic coins seldomly spend more on the grading fees then they do aquiring their coins.

You will almost never hear a collector of classic coins tell you he cannot open the box his coins arrived in, or they will be worth less.

The "20th Anniversary" designation is generally never sought after by those assembling sets of proof Barber Halves, and won't make them worth any more either.

Classic collectors are not usually prone to flip their coins on Ebay in 'sets of three' the day they return from grading.

Classic collectors are usually never harrassed and insulted by lady Legend.

Most classic collectors know that 'die variety' does NOT refer to what color flag or whos autograph is on the grading label.

You will almost never hear a classic collector complain their coins purchased on the internet are on backorder until 1-11-07 because they haven't even been made yet.

Most 18th and 19th century classic rarities are worth at least 10% or more of their market value even AFTER they've been cracked out of their holders.

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    BarndogBarndog Posts: 20,525 ✭✭✭✭✭


    << <i>Collectors of classic coins seldomly spend more on the grading fees then they do aquiring their coins.

    You will almost never hear a collector of classic coins tell you he cannot open the box his coins arrived in, or they will be worth less.

    The "20th Anniversary" designation is generally never sought after by those assembling sets of proof Barber Halves, and won't make them worth any more either.

    Classic collectors are not usually prone to flip their coins on Ebay in 'sets of three' the day they return from grading.

    Classic collectors are usually never harrassed and insulted by lady Legend.

    Most classic collectors know that 'die variety' does NOT refer to what color flag or whos autograph is on the grading label.

    You will almost never hear a classic collector complain their coins purchased on the internet are on backorder until 1-11-07 because they haven't even been made yet.

    Most 18th and 19th century classic rarities are worth at least 10% or more of their market value even AFTER they've been cracked out of their holders.

    image >>



    not into moderns, I take it?
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    ZoinsZoins Posts: 34,487 ✭✭✭✭✭


    << <i>Collectors of classic coins seldomly spend more on the grading fees then they do aquiring their coins. >>

    Collectors of classic coins seldomly get dramatic value jumps from grading like collectors of moderns do.

    << <i>You will almost never hear a collector of classic coins tell you he cannot open the box his coins arrived in, or they will be worth less. >>

    You will almost never hear a collector of classic coins receive coins in a Mint sealed box.

    << <i>The "20th Anniversary" designation is generally never sought after by those assembling sets of proof Barber Halves, and won't make them worth any more either. >>

    This is a good thing because there are no special 20th Anniversary Barber Halves that I'm aware of.

    << <i>Classic collectors are not usually prone to flip their coins on Ebay in 'sets of three' the day they return from grading. >>

    May classic coins don't come in 'sets of three.' To get around this problem, some classic collectors flip their coins on Ebay in 'sets of one' the day they return from grading.

    << <i>Classic collectors are usually never harrassed and insulted by lady Legend. >>

    Modern collectors are usually never harrassed and insulted by guy Russ.

    << <i>Most classic collectors know that 'die variety' does NOT refer to what color flag or whos autograph is on the grading label. >>

    Educated modern collectors know that 'die state' does NOT refer to First Strike™.

    << <i>You will almost never hear a classic collector complain their coins purchased on the internet are on backorder until 1-11-07 because they haven't even been made yet. >>

    You will also almost never hear a classic collector order coins from the US Mint.

    << <i>Most 18th and 19th century classic rarities are worth at least 10% or more of their market value even AFTER they've been cracked out of their holders. >>

    The same holds true for true modern rarities, just look at the PCGS price guide for MS LOC in all grades.

    image
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    GemineyeGemineye Posts: 5,374
    Classic collectors' are just plain image.....they have nothing to complain about...image
    ......Larry........image
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    StuartStuart Posts: 9,831 ✭✭✭✭✭
    image

    Stuart

    Collect 18th & 19th Century US Type Coins, Silver Dollars, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal

    "Luck is what happens when Preparation meets Opportunity"
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    ziggy29ziggy29 Posts: 18,669 ✭✭✭
    Mighty broad brush there...
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    GemineyeGemineye Posts: 5,374


    << <i>100 >>


    image
    ......Larry........image
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    dragondragon Posts: 4,548 ✭✭
    Just wait til cladking sees this, I'm gonna be in trouble image
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    ziggy29ziggy29 Posts: 18,669 ✭✭✭


    << <i>Just wait til cladking sees this, I'm gonna be in trouble image >>

    And he will before you know it, because tempus fugit. image
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    TwoSides2aCoinTwoSides2aCoin Posts: 45,051 ✭✭✭✭✭
    the likeness is the love of history, art, collectiblility and eventual value.

    I have a new year's resolution to bridge gaps, not burn bridges image
    Numismatics is for COINS... people just fill in the empty slots.
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    CoinosaurusCoinosaurus Posts: 9,653 ✭✭✭✭✭
    Can't we all just get along image
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    cladkingcladking Posts: 30,089 ✭✭✭✭✭


    << <i>Just wait til cladking sees this, I'm gonna be in trouble image >>




    Shhh. I'm "pretending" I don't see it.
    tempus fugit extra philosophiam.
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    JulioJulio Posts: 2,501
    As long as you collect coins; that's good for the hobby.
    Don't even ask me to define a coin. image. jws
    image
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    I can't wait to check back on this thread.......wowsers, ya opened a can of worms on this one.......


    AL
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    claychaserclaychaser Posts: 4,406 ✭✭✭✭

    This is what a classic collector calls an "eagle":


    image


    ==Looking for pre WW2 Commems in PCGS Rattler holders, 1851-O Three Cent Silvers in all grades



    Successful, problem free and pleasant transactions with: illini420, coinguy1, weather11am,wayneherndon,wondercoin,Topdollarpaid,Julian, bishdigg,seateddime, peicesofme,ajia,CoinRaritiesOnline,savoyspecial,Boom, TorinoCobra71, ModernCoinMart, WTCG, slinc, Patches, Gerard, pocketpiececommems, BigJohnD, RickMilauskas, mirabella, Smittys, LeeG, TomB, DeusExMachina, tydye
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    ZoinsZoins Posts: 34,487 ✭✭✭✭✭


    << <i>This is what a classic collector calls an "eagle": >>

    Do any classic collectors call this a turkey?

    image
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    claychaserclaychaser Posts: 4,406 ✭✭✭✭
    I call it image


    ==Looking for pre WW2 Commems in PCGS Rattler holders, 1851-O Three Cent Silvers in all grades



    Successful, problem free and pleasant transactions with: illini420, coinguy1, weather11am,wayneherndon,wondercoin,Topdollarpaid,Julian, bishdigg,seateddime, peicesofme,ajia,CoinRaritiesOnline,savoyspecial,Boom, TorinoCobra71, ModernCoinMart, WTCG, slinc, Patches, Gerard, pocketpiececommems, BigJohnD, RickMilauskas, mirabella, Smittys, LeeG, TomB, DeusExMachina, tydye
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    FullStrikeFullStrike Posts: 4,353 ✭✭✭
    I don't understand why "classics" collectors feel they need to continually put down anyone who chooses to collect "moderns". There are good and bad things about all coin collectors and the coins they choose to collect.

    If you are a "classics" dealer and feel too much of "your" income is being diverted elsewhere, sure, bash away. But if you're just a collector, what do you accomplish by all the negativity? If you feel you need to assert your superiority amongst the different facets of collectors then just know this; you truely ARE superior if you collect classic U.S. coins. image If you are one of those that spend over a $100,000.00 on a single classic, then God above has a special place for you. Revel in your superiority but please don't taunt the moderns crowd. We sometimes wonder if you truely are superior when you feel the need to continually prove yourself. image
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    BearBear Posts: 18,953 ✭✭✭
    Everyone knows, that dragons only exist

    is the land of make believe.image
    There once was a place called
    Camelotimage
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    stmanstman Posts: 11,352 ✭✭✭✭✭
    Interesting I didn't see a thread like this from Dragon when he was selling those Moderns from the Mint recently.image
    Must of sold them all eh?image OK, just having fun here no need to get all serious now. Heh heh
    Please... Save The Stories, Just Answer My Questions, And Tell Me How Much!!!!!
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    I think this can be a worthwhile thread if we can keep the bashing out of it! I for one am fairly new to collecting coins. I confess I purchased some of the 2006W Platinum uncirculated. I'm keeping my fingers crossed but losing no sleep over my investment. Most of my coins have been moderns, but I am venturing into a few Morgans, although they were initially minted as bullion so technically I'm not sure I can really say I've done anything with classics. I'd like to learn more about them, however. And it seems like there's much more to learn about them than the moderns. That's a plus if you enjoy learning, which I do.

    Although a lot of collectors collect some of both and some characteristics can apply both to Classic and Modern collectors, some of the general differences I've noticed:

    The mintage of classic coins involved more human effort and touch rather than the high-speed, impersonal, ultra-efficient processes employed in today's mintage proceedures. One can sense this difference between classics and moderns.

    Modern collectors are into money; Classic collectors are into coins. Modern collectors tend to invest in coins as commodities to make money off of, and modern coins are more like commodities than classic coins. Modern coins have basically two grades: MS/PR69 and MS/PR70 which are basically indistinquishable. This indistinguishability reinforces their function as commodities. Even though they're pretty much indistinguishable, there's that winner/loser polarity with modern coins--you either have a winner (MS/PR70) or a loser (MS/PR69 or lower). If you're a winner with a 70 that's great if you want to sell, unless you have to share the honor with too many other 70 owners, then the value falls dramatically.

    With classic coins very few rate 67 or above, therefore each coin is unique and treasured for its uniqueness. Each has it's characteristics of beauty. Classic collectors are more into coins as works of art and symbols of history, prestige, character--even to the point of regarding classic coins as a genre of "sacred, power objects."

    A wealthy classic collector doesn't invest in classics primarily to make money; they have money, that's why they can afford the coins! They buy coins because of their intrique, magic, history and as symbols of wealth and power.

    Classic coins were initially saved not with the intention of selling at a huge profit, but because their beauty and age made them objects of wonder. After years of being regarded with wonder they became more and more prized. Then they became monetarily valuable.

    Older coins actually prove to part of our subconscious that time exists! I know this sounds a little obvious, but there is a part of us very intriqued with time. When we see and sense a very old object such as a coin, our minds are naturally drawn to that time period. This wonder and intrique of coins as objects surviving time accounts for much of our fascination with and subsequent value of classic coins. If we view coins as receptors of everything anyone ever thought about them, then older coins contain all the wonder and history of those who have owned, admired and prized them in the past. Modern coins cannot make that claim, therefore they have less a spectrum of value attached to them. It is our beliefs about coins that make them more valuable than their melt. There is far more belief behind classic coins than modern coins because they have been around far longer. From that perspective, one could conclude they are a less risky and better long-term investment. But moderns may have flurries of interest that the speculative can take advantage of--or be taken advantage of.


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    ZoinsZoins Posts: 34,487 ✭✭✭✭✭


    << <i>Modern collectors are into money; Classic collectors are into coins. Modern collectors tend to invest in coins as commodities to make money off of, and modern coins are more like commodities than classic coins. Modern coins have basically two grades: MS/PR69 and MS/PR70 which are basically indistinquishable. This indistinguishability reinforces their function as commodities. Even though they're pretty much indistinguishable, there's that winner/loser polarity with modern coins--you either have a winner (MS/PR70) or a loser (MS/PR69 or lower). If you're a winner with a 70 that's great if you want to sell, unless you have to share the honor with too many other 70 owners, then the value falls dramatically.

    With classic coins very few rate 67 or above, therefore each coin is unique and treasured for its uniqueness. Each has it's characteristics of beauty. Classic collectors are more into coins as works of art and symbols of history, prestige, character--even to the point of regarding classic coins as a genre of "sacred, power objects." >>

    When you say that moderns tend to be 69/70s while few classics rate 67 and above, I get the feeling you aren't making an important distinction between modern US Mint collectibles and modern business strikes which has been discussed many times on these boards. It can be very difficult to get some modern business strikes in 67 and above.

    This is another example of the fallacy in generalizing moderns that has been discussed many times.
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    cladkingcladking Posts: 30,089 ✭✭✭✭✭


    << <i>I think this can be a worthwhile thread if we can keep the bashing out of it!




    Modern collectors are into money; Classic collectors are into coins. >>



    This is a bashing thread.

    Moderns are a much purer form of collecting than classics. All classic coins have to be purchased
    and most of the more desirable pieces have to be slabbed. Modern are available in circulation and
    none of these are slabbed.

    I might point out that Morgans mostly sat in bank vaults as specie or bullion for decades. They were
    struck by government fiat to appease mining interests and are the most political of all coins. They make
    Sacs and Suzy B's look like high art in comparison. They also were issued AFTER some of the moderns.
    The treasury started cleaning them out of the vaults in 1963 but they were still being issued and sold
    for many years.
    tempus fugit extra philosophiam.
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    cladkingcladking Posts: 30,089 ✭✭✭✭✭


    << <i>But if you're just a collector, what do you accomplish by all the negativity? If you feel you need to assert your superiority amongst the different facets of collectors then just know this; you truely ARE superior if you collect classic U.S. coins. image If you are one of those that spend over a $100,000.00 on a single classic, then God above has a special place for you. Revel in your superiority but please don't taunt the moderns crowd. We sometimes wonder if you truely are superior when you feel the need to continually prove yourself. image >>




    Yeah, but can they pass through the eye of a needle? image
    tempus fugit extra philosophiam.
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    RegistryCoinRegistryCoin Posts: 5,129 ✭✭✭✭


    << <i>I for one am fairly new to collecting coins.
    Modern coins have basically two grades: MS/PR69 and MS/PR70 >>


    Moki: I hope this isn't what you have learned from some of the threads on this forum, because this simply is not the case. As CK mentions, there are plenty of "modern" series where some coins are rarely found in a 67 grade or higher. Collecting coins from circulation pretty much guarantees that you will not be collecting 69s and 70s. Collecting coins in slabs certainly does not necessitate that you only collect, or will find to collect, coins in the top two grades.
    Lumping the MS and the proof coins together when making generalizations may be very misleading.
    Lumping moderns and ultra-moderns together may be very misleading.
    Lumping coins meant for circulation, and those minted for collectors may be very misleading.
    I hope that you take the time to look at the pops, and/or some of the highest graded registry sets before you decide that what you have gleened from some of the threads here tell the whole story.
    I hope this helps you to see that modern coins are quite varied, and modern collectors have quite a vast array of types of collections from which to choose. Also, IF one were to decide to collect (a) series that do mainly have 69- and 70-grade coins to choose from, the search for nice examples of either or both of those two grades can be quite challenging and fun as well.
    Whatever you choose to collect, please look at the whole picture before you decide, and be open to opinions from more than a few sources.
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    I've been working on a clad quarter collection from circulation for about a year and I've been very surprised how hard it is to find decent looking coins. Even a lot of the 90s issues generally look terrible. I'm going to keep at it though because the quarters that I do keep only cost me 25 cents.
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    << <i>When you say that moderns tend to be 69/70s while few classics rate 67 and above, I get the feeling you aren't making an important distinction between modern US Mint collectibles and modern business strikes which has been discussed many times on these boards. It can be very difficult to get some modern business strikes in 67 and above. >>




    << <i>This is another example of the fallacy in generalizing moderns that has been discussed many times.. >>



    I was making a generalization in my post and your example of the fallacy of doing so is noted.

    Looking at the total populations graded by PCGS, there is an enormous population of MS/PR69's or MS/PR70 wannabes. The total population of 69's is the largest single population of graded coins. There is a lot of activity in high-end coins, or at least a lot of grading going on. How many collect business strikes? I don't know, but I would guess them to be fewer in number.

    Total PCGS Grade Populations

    There have been 2,140,308 MS/PR69s graded by PCGS. That's 400,000 more than MS/PR64 in second place. It is almost a million more than all the 66s, 67s and 68s combined.

    Yes, I think there are legitimate collectors of modern coins. I collect modern coins and not just for speculation! I find some to be objects of beauty and intrique worth having regardless of their investment or "quick buck" potential. I think it is a love of coins which defines a collector and carries the hobby. Much of the hoo haw around the 2006 W Unc Platinum here in the forum was about profit potential, not about the love of the coins themselves.

    Perhaps it would have been more appropriate to make the distinction between collectors vs speculators than classic collectors vs modern collectors. In reality, I think we are all a bit of each.

    In my ignorance or incompleteness, I wasn't trying to offend anyone--just throw out a few perceptions. Thanks for pointing out the limitations of my presentation, please keep going. I'm still trying to nail down exactly what the differences are between classic collectors and modern collectors and why all the bad blood. It seems nothing can get individuals more riled up here than this topic. I assume much of the problem is that precise boundaries do not exist, but hopefully between all the great minds here some kind of model that explains the differences and the conflict can be more adequately constructed. Nobody is right or wrong or I guess you can say everyone is right. People can collect or purchase whatever they wish, and there's nothing wrong with that. I think many of the classic collectors fear that the short-term speculation with some modern purchasing going on in the name of coins is hurting the more established long-term credibility of the classics. Again, I'm just taking a stab at describing what I sense is going on.

    Yes, I have a lot to learn.
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    RegistryCoinRegistryCoin Posts: 5,129 ✭✭✭✭


    << <i>the quarters that I do keep only cost me 25 cents. >>


    Sounds like a great plan Utmost. Welcome to the boards! image
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    WTCGWTCG Posts: 8,940 ✭✭✭


    << <i>Collectors of classic coins seldomly spend more on the grading fees then they do aquiring their coins.

    You will almost never hear a collector of classic coins tell you he cannot open the box his coins arrived in, or they will be worth less.

    The "20th Anniversary" designation is generally never sought after by those assembling sets of proof Barber Halves, and won't make them worth any more either.

    Classic collectors are not usually prone to flip their coins on Ebay in 'sets of three' the day they return from grading.

    Classic collectors are usually never harrassed and insulted by lady Legend.

    Most classic collectors know that 'die variety' does NOT refer to what color flag or whos autograph is on the grading label.

    You will almost never hear a classic collector complain their coins purchased on the internet are on backorder until 1-11-07 because they haven't even been made yet.

    Most 18th and 19th century classic rarities are worth at least 10% or more of their market value even AFTER they've been cracked out of their holders.

    image >>



    I don't know about the part referring to Laura, but dragon makes some good points. He didn't state anything new, just what most "classic" collectors and dealers have been thinking for some time.
    Follow me on Twitter @wtcgroup
    Authorized dealer for PCGS, PCGS Currency, NGC, NCS, PMG, CAC. Member of the PNG, ANA. Member dealer of CoinPlex and CCE/FACTS as "CH5"
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    LongacreLongacre Posts: 16,717 ✭✭✭


    << <i>You will almost never hear a classic collector complain their coins purchased on the internet are on backorder until 1-11-07 because they haven't even been made yet. >>




    This has to be the best quote so far in 2007. image
    Always took candy from strangers
    Didn't wanna get me no trade
    Never want to be like papa
    Working for the boss every night and day
    --"Happy", by the Rolling Stones (1972)
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    RYKRYK Posts: 35,801 ✭✭✭✭✭
    I was wrong earlier as I should have said "200." Actually, the only thing that might keep this thread in the ballpark is that many forum members are in or en route to Orlando.

    Based on the responses here and and to the countless threads on this topic from the past, I have learned that generalizations are futile. My only conclusion is that no two collectors are alike, and we should each be very happy that while we are collecting what we collect, there are hundreds of deep-pocketed individuals that are collecting something else. However, heaven forbid that we should ever sell our precious coins, may those hundreds of deep-pocketed individuals suddenly take interest in what we have collected. I do not think any coin collector/investor/collector-investor/specualtor/collector-dealer/dealer-collector/wannabe/notwannabe/(insert your own) can disagree with that!
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    fcloudfcloud Posts: 12,133 ✭✭✭✭
    I just don't understand the reason collectors of classic coins, care how others spend their money? My oldest coin is from the 1028-34 Byzantium era. I guess that might be old enough to be considered classic, my oldest US coin is 1797. The series I like the most is Winged Liberty Dimes (Mercury Dimes). My newest coin is 2006, and as soon as the mint puts out proof sets, I will have 2007.

    I don't see why anyone should care if I buy new or old coins. If you don't like modern coins please keep it to yourself. Do coin dealers not buy silver, gold and platinum coins when someone brings them into their shop, or do they send them packing to find a dealer whom only buys modern stuff? I guess to me it doesn't matter.

    I collect what I like and like coins. Yes. Coins! Old coins, classic coins, worn out coins, high quality coins, low quality coins. At the time of production even my 1028-34 Byzantium coin was modern once.

    Maybe, just maybe some of the collectors starting out with today's moderns will gain a broad appreciation for coins and collect all ranges of coins. Maybe, just maybe, some people want to collect the state quarters in silver proof and will never have any interest in anything else, and you know what, its their money, its their life, and maybe, just maybe that is how they want to spend their money. Yes, Their Money. Just because someone collects modern coins doesn't mean they are out flipping their coins for a quick buck. Some people purchased the stuff and made some money--I say good for them! Is it wrong for a collector of modern coins to make a profit? You know classic collectors can buy these and flip them, too. If they did it would give them more money to buy classics with.

    Please don't be suggesting I am wrong because I like modern coins; I don't think you're wrong for collecting classics.

    Collect what you like, and let everyone else collect what they like.

    President, Racine Numismatic Society 2013-2014; Variety Resource Dimes; See 6/8/12 CDN for my article on Winged Liberty Dimes; Ebay

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    cladkingcladking Posts: 30,089 ✭✭✭✭✭


    << <i>. I'm still trying to nail down exactly what the differences are between classic collectors and modern collectors and why all the bad blood. It seems nothing can get individuals more riled up here than this topic. I assume much of the problem is that precise boundaries do not exist, but hopefully between all the great minds here some kind of model that explains the differences and the conflict can be more adequately constructed. Nobody is right or wrong or I guess you can say everyone is right. People can collect or purchase whatever they wish, and there's nothing wrong with that. I think many of the classic collectors fear that the short-term speculation with some modern purchasing going on in the name of coins is hurting the more established long-term credibility of the classics. Again, I'm just taking a stab at describing what I sense is going on.

    >>



    There are very precise boundaries. While "warnings" can involve almost any coin back
    to 1933 the vitriol is saved for anything minted after 1964. It's not a matter of "bad blood"
    because that would require collectors attacking classic coins and this is nearly unheard of.

    Most older collectors have several deep seated reasons to hate new coins. The coins were
    foisted on us during a massive coin shortage. Few people were greatly inconvenienced by
    the shortage but we were by the solution. Many did take a substantial loss when the new
    coins were introduced resulting in the collapse of the booming roll and bag market. Just about
    the entire segment of the market collapsed leaving very few unaffected. Some coins are still
    worth well under 1% of their 1964 highs in inflation adjusted dollars. The Bible bill was intro-
    duced in Congress which would have effectively outlawed most coin collecting. As though all
    this wasn't enough to turn people off to new coins the mint stopped using mint marks, ceased
    mint set production, and discontinued proof sets. Then came the real knife in the back for most
    collectors; the date freeze. After finally getting rid of the date freeze on 1964 coinage it was
    announced that the mint had the authority to continue with the 1965 date indefinitely.

    And if all this weren't enough, silver was removed from the coinage. Coin collectors have always
    been an independent and "hard money" sort of bunch. Collectors up to 1965 had always enjoyed
    searching through pocket change and sometimes saving something that was interesting. But the
    introduction of a debased coinage was a double whammy in as much that it wasn't even "honest"
    fiat. Normally designs are changed to indicate a change in composition but these were not chang-
    ed because they did not want the public to notice. And all this junk flowing into circulation forced
    the other coins out. By the time the FED stopped retrieving silver coin in mid-'69 there wasn't any-
    thing left except a few dates of new and usually very ugly debased coinage.

    People simply quit collecting new coins. New collectors didn't show up again for thirty years until
    the states coins were introduced. But there were plenty of collectors during those years because
    20 million baby boomers had been collecting coins in '64 and these folks were becoming far more
    wealthy nearly every year. There was an appearance of growth and changed because collectors
    cycled in and out of different series which would rise and then collapse as the wave moved on.

    It was during this time that even the relatively few newbies were taught about moderns by the
    established collectors and dealers. Disdain for moderns was passed down like an old pair of jeans
    or like bigotry. When people came into the coin shop to sell this dross it wasn't talked about as
    individual coins or sets but rather an all encompassing term. Few dealers had very much market
    for most of it so they just shipped it off to buyers who usually had specific needs for promotions
    and the like. The area was full of land mines because there was speculation especially in the most
    recent coins and these had the disconcerting habit of soaring when the number available was low
    and suddenly imploding when there was a sufficient number coming on the market.

    Of course this "bigotry" has to be kept in perspective. This is just a hobby and these people aren't
    eating babies or building gas chambers. Most of the most vocal bashers quit the knee-jerk "all mod-
    erns are crap" stuff a long time ago. But you can still see the dislike people have for these coins in
    the many threads on the subject, letters to the editors, and the various essays that often get report-
    ed here.

    Modern collectors really need to have a thicker skin than others. It's also wise to listen to the warn-
    ings since they aren't all without basis. This is still mostly uncharted territory and getting lost will
    remain a concern for a while. All collectors should remember that this hobby is pretty boring if it's
    not fun and there are many ways to enjoy it.

    Everything changes and time don't fly, it bounds and leaps.
    tempus fugit extra philosophiam.
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    mgoodm3mgoodm3 Posts: 17,497 ✭✭✭
    Cladking is a classics collector in disguise. Collects a modern series in the classical way.
    coinimaging.com/my photography articles Check out the new macro lens testing section
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    cladkingcladking Posts: 30,089 ✭✭✭✭✭


    << <i>Cladking is a classics collector in disguise. Collects a modern series in the classical way. >>




    I bet I could bash moderns better than anyone. image


    It ain't gonna happen though. They became great coins once I overcame my prejudice.
    tempus fugit extra philosophiam.
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    53BKid53BKid Posts: 2,182 ✭✭✭


    image

    Repeatedly putting others down is a clear sign of insecurity and stunted ego development.
    HAPPY COLLECTING!!!
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    ConnecticoinConnecticoin Posts: 13,275 ✭✭✭✭✭
    Is there a law against collecting both classics and moderns? I do, and I bet a good chunk of the forum does as well.

    Disclaimer: I am NOT participating in the Bullion Plat Proof market manipulation, though image. You gotta draw the line somewhere! image

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    TwoSides2aCoinTwoSides2aCoin Posts: 45,051 ✭✭✭✭✭
    I decided to do a search on ebay.
    I typed in "RARE CLASSIC" for coins and "RARE PLATINUM", substituting "modern" with "platinum" for a sampling of MODERN and CLASSIC, and came up with the following pages.

    What's modern will be a classic, one day ! People flip modern classics with less regard for the coin than one does with classic coins. That is a HUGE difference.

    Rare Platinum


    Rare Classics

    The one underlying thing I did notice, THERE ARE NOT A LOT of either rarities readily available for collectors.
    Perhaps my sampling is a bit flawed, or my search, ... but I like open lines of communication image
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    RegistryCoinRegistryCoin Posts: 5,129 ✭✭✭✭


    << <i>They became great coins once I overcame my prejudice. >>


    CK: If I may speak for myself, and probably others, we are very happy that you did overcome any prejudice(s) you may have had, and we certainly appreciate your fantastic insight, and your abilities to put your thoughts and wisdom into words, so to share with us the tremendous extent of your knowledge, as well as your well-expressed opinions. Personally, I feel that you are one of the greatest assets of this forum. Thanks! image
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    leothelyonleothelyon Posts: 8,546 ✭✭✭✭✭
    I'm still trying to nail down exactly what the differences are between classic collectors and modern collectors and why all the bad blood.

    Classic collectors usually have great day jobs while modern collectors of US Mint mail order products likely need one. image

    Leo

    The more qualities observed in a coin, the more desirable that coin becomes!

    My Jefferson Nickel Collection

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    keetskeets Posts: 25,351 ✭✭✭✭✭
    TwoSides2aCoin said a whopping mouthful.......................

    what i see over and over ad nauseum is that Classic collectors such as yourself, Howard, tend to see the differences in how the two genres collect, whilst Modern collectors tend to see the similarities which easily outnumber those differences. this topic has run the gamut from interesting discussion to ridiculous insult since i signed on several years ago and leaves me wondering why it keeps resurfacing, clearly not for the "interesting discussion" aspect it entails.

    it always leaves me with the same thought: why do so many collectors of non-Modern coinage seem to be so troubled by and absorbed with those who collect Modern issues?? it's a strange phenomenon that i can't answer.
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    CladiatorCladiator Posts: 18,345 ✭✭✭✭✭


    << <i>why are collectors of non-Modern coinage so troubled by and absorbed with those who collect Modern issues?? >>

    Not all of us are.
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    coinpicturescoinpictures Posts: 5,345 ✭✭✭
    Ehh, it's all Lightside garbage here anyway...









    [It's a joke! Lighten up! image]
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    JcarneyJcarney Posts: 3,154


    << <i>why do so many collectors of non-Modern coinage seem to be so troubled by and absorbed with those who collect Modern issues?? it's a strange phenomenon that i can't answer. >>



    Nah, this one's easy Keets. The "troubled" ones are those trying to score points with the other classics collectors...trying to get in the clique. The best way to get into any clique is to jump on and bash those not in the clique. I've found that those who need to belong to a clique are frequently weak and insecure. It's actually pretty funny when you step back and really see what's going on here.
    “When the people find that they can vote themselves money, that will herald the end of the republic.” — Benjamin Franklin


    My icon IS my coin. It is a gem 1949 FBL Franklin.
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    RYKRYK Posts: 35,801 ✭✭✭✭✭


    << <i>

    << <i>why do so many collectors of non-Modern coinage seem to be so troubled by and absorbed with those who collect Modern issues?? it's a strange phenomenon that i can't answer. >>



    Nah, this one's easy Keets. The "troubled" ones are those trying to score points with the other classics collectors...trying to get in the clique. The best way to get into any clique is to jump on and bash those not in the clique. I've found that those who need to belong to a clique are frequently weak and insecure. It's actually pretty funny when you step back and really see what's going on here. >>



    Actually, JC may be on to something here. Now that I am in the clique and feel more secure, I no longer have the constant urge to bash moderns. I feel so relieved. image
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    flaminioflaminio Posts: 5,664 ✭✭✭


    << <i>Is there a law against collecting both classics and moderns? >>

    If there is, lock me up and toss the key! I enjoy all forms of coinage, and happily collect anything that suits my fancy. To haters like the OP: Fark you.
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    keetskeets Posts: 25,351 ✭✭✭✭✭
    Robert, i think i liked you more when you were silent!!!image
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    JcarneyJcarney Posts: 3,154


    << <i>

    << <i>

    << <i>why do so many collectors of non-Modern coinage seem to be so troubled by and absorbed with those who collect Modern issues?? it's a strange phenomenon that i can't answer. >>



    Nah, this one's easy Keets. The "troubled" ones are those trying to score points with the other classics collectors...trying to get in the clique. The best way to get into any clique is to jump on and bash those not in the clique. I've found that those who need to belong to a clique are frequently weak and insecure. It's actually pretty funny when you step back and really see what's going on here. >>



    Actually, JC may be on to something here. Now that I am in the clique and feel more secure, I no longer have the constant urge to bash moderns. I feel so relieved. image >>



    image "Circle of Trust" members are, of course, exempt. image
    “When the people find that they can vote themselves money, that will herald the end of the republic.” — Benjamin Franklin


    My icon IS my coin. It is a gem 1949 FBL Franklin.
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    TwoSides2aCoinTwoSides2aCoin Posts: 45,051 ✭✭✭✭✭
    image
    I'm sensing love now image
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    Some people collect classics, some people collect moderns, and many collect both--some mainly collect, some mainly speculate and some do both. The time and energy that go into the neverending debate over these differences is astounding.
    Curmudgeon in waiting!

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