Re: any collector value in 40%er's?
rileyboy said:
Favoredpapa,
Yes, save the real nice 40%ers that you get in 2 X 2's and then put them in a Dansco
Coin Album N0#7000 named "coins". Mark the date you received them on the back of the 2 X 2. Creates a little history for you. They make a nice presentation for you to save and hand
down in the family. Especially the 1965's and 1966's as they were the lowest mintage. Sooner or later they will all disappear or get melted down. Not worth much in our lifetime, but the next generation may benefit. I'm a collector and have put together some nice books for my children and future grandchildren all locked up in safe deposit boxes. Just think if someone in 1895 put together a nice book of uncirculated Halves what it would be worth today.
Just my thought
rileyboy
The only thing that worries me about the future numismatic value is that I've been to countires that no longer HAVE coins. Just got back from Belarus 7 days ago. The lowest denomination they have now is 10 rubles, and that is a bill, not a coin. Mostly I carried 50,000 and 20,000 ruble bills in my wallet for the week. Ridiculous, but that is what happens in an inflationary country that devalues their currency (america beware!!) Coins "from the old days"are thrown around by children at times, but useless (The ratio is 2,985 rubles to $1, so each ruble is worth 0.000335 of a dollar. So a "quarter" is worth 0.0000837. ouch!)
The interest in coin collecting went to zero there after coins started to be worthless and disappear. NOt that it was as big as america ever, but it went to zero.
I see in america a significant drop in coin collecting already. the rarer big value coins are actually UP right now, but the normal good looking 1965 half? Not worth much more than melt, unless slabbed, graded, and over MS62. I think that with the inflation of the future there WILL come a point where we discontinue the penny, and eventually all the coins. Or have new currency, one or the other. And i think coin collecting, of "those old worthles coins" will go WAY south. Rare ones may hold up for a while (a generation) but common coins, even in good shape? Going to be worth nothing above the intrinsic value of ... nothing.
Just my opinion. :-)
And that doesn't stop me from collecting Whitman books for ME, and trying to get all the pennies and nickels, and even have a few dme and quarter books. :-)