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New Life In The Coin Market

It took the 50 States quarters program, influence they enjoyed in the hobby at
introduced in 1999, to breathe new life that time. This drop in importance
into the coin collecting hobby. Millions reflected a growing knowledge that coins
of American people began once again to that could be purchased in roll or bag
check their pocket change looking for quantities were not likely to become
tougher dates and a prolific number of scarce or desirable to serious coin
error coins. Regardless of where you collectors. The coin collecting emphasis
live, in good times and bad, using coins began to shift to single coins with low
as a means of making a profit has been a mintages and superior quality.
key factor in many people being involved The ending of silver minted coins in the
in the hobby. It is exciting to the metal 1960's also led many US hobbyists to
detecting hobby too as thousands of users back away from coin collecting. Almost
in the US are competing to be the first overnight the silver coins disappeared
to complete a set of all 50 states. from circulation and could not be found
I got started coin collecting in the boom in pocket change. The inability of
era of US coin collecting back in the finding scarce collectibles in their
1960's. Coin prices soared to all time small change removed the most important
highs as the uncirculated roll market was factor for participation in the hobby and
a phenomena unequaled in its power to the marketplace. In 1999, it happened
attract collectors and investors. The again! These popular 50 States quarters
1950 D Jefferson Nickel rolls are a have all of us looking at our change
classic example of this boom. This roll again. My 80 year old Mom has purchased
sold for as much as $1200- a price of $30 BU rolls of all issues for her and her
per coin in the 40 coin roll. As a grandson. Children of all ages have
college student, I would go to coin club folders and albums for their coins and
meetings and purchase BU rolls of Morgans some of them are also educational tools
and Walking Liberty halves for $30 to $40 that geography and history teachers are
and double or triple my money the very utilizing. As a treasure hunter, every
next day. Good spending and expense money new one I find brings almost as much
for a student who was working about 30 excitement as a good silver or gold coin.
hours a week to help pay for my If you are new to the hobby of metal
education. But the roll boom sputtered in detecting or to coin collecting, the 50
the second half of the decade and States quarters are a good place to
late-date rolls have never regained the begin. Here's to "diggin' it"!




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