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Old May 16th 05, 04:29 PM
Cliff
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On Mon, 16 May 2005 11:19:22 -0400, "Wasdin, Jake E."
wrote:

Well, really, I think that 100 years from now, a bicentennial will be
just as valuable to collecters as a 1965.


Paul Anderson wrote:
I spent some $2 bills, dollar coins and 2005 buffalo nickels at a White
Castle in New York yesterday. This caused quite a stir and competition
among the workers to buy up these denominations.

One worker said he was buying the $2 bills because "they'll be worth
something someday". I've heard this before and wonder why people think
this about coins or bills that clearly will never be worth more than
face value.

It has been disproven time and time again, but people still think it.
Everything from bicentennial quarters to $2 bills to half dollars to
state quarters to dollar coins NEVER EVER are worth more than face
value, yet there's this allure or myth of "worth something someday"
that is apparently irresistable.

I guess I know why it happens, but it never ceases to amuse me.

Paul


I believe that people back in 1916 probably had the same kind of
attitude towards people that picked up the new standing liberty
quarter or walking liberty half and said, hey, these might be worth
something some day.

Paul, you take a very cavilier attitude towards other people seeing
something out of the ordinary. And you say that "coins or bills that
clearly will never be worth more than face value". Who are you to be
"amused" at other people putting things away for a hopeful future
appreciation? Why do you laugh at potential new collectors, who may
start collecting coins or currency just because of the strange new
items you've paid with?

This elitist attitude is the one you see at coin shows where dealers
decide you can't afford their coins before you even get to their table
or the attitude that collectors show to people coming into this group
with a simple question about something that seems out of the ordinary.
This attitude is what will spell a death knell to collecting long
before the endless new items being put out by the mint or the guys on
TV that offer coins at some what inflated prices. If the TV or the
mint web site are the only places people can get information without
being laughed at, then that is where they are going to get their
coins. If they like what they get and feel like the price is OK by
them, then they spend their money as they like.

Just don't look down your nose the next time you bring a little cheer
into someones life by spending that half dollar or two dollar bill.
Cliff

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