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Good Idea Could Be Yours
March 15, 2012


When was the last time you had a good idea?

Remember how it felt? Pretty good, right?

For collectors, this might have been a decision to collect a certain series of coins before that series became hot.

Anybody who bought Morgan dollars in the 1970s probably felt pretty good about it in the 1980s, especially if they had a good eye for quality and the grading services assigned high numbers to their slabs.

Buying gold and/or silver in 2001 was a good idea. Selling some will probably be a good idea at some point just as it was in 1980 as the market peaked.

But has it been a while since you have had what you consider to be a good idea?

Well, why not come up with a new one?

Numismatics in 2025 is going to be very different from that of 2012. Perhaps you will figure out before anybody else how this will play out and get into the right area of the market.

Or, perhaps, for you the good idea might simply be the traditional beginning and completion of a new set, something you have had your eye on for a while but economic uncertainty prevented you from taking the plunge.

Whatever it might be, good ideas may be hard to come by, but they are more numerous than you might think. After all, there are thousands of collectors who have done well for themselves simply by being the best collectors they can be.

The key to finding a good idea is to try things, find what is right for you and then riding that horse for all it is worth.

Your half completed Mercury dime set might stand as a rebuke, unless you were distracted by the Buffalo nickel set that you eventually went on to complete in the highest grades possible.

The best idea of all, of course, is yours.

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Recent Comments
On March 16, 2012 Chuck Schroeder said
Ever been to our show's yet?.

Coin, Currency and Collectibles Extravaganza

The St. Petersburg Coin Club non-profit organization will hold its  "SECOND SATURDAY"  family event to inform the public about the art of collecting US Coins, Currency and World Countries currencies and coins.    Featuring free information about our hobby.  You can also purchase these items from our Club Member's.   "FREE STUFF"  for the Children.    2nd Saturday always -  Next Show on April. 14th, 2012.    More "FREE PARKING" right across the street at the Church Parking lot, and, free parking around the building at the DAV.  Dealers welcome.   Directions:  get on I 275, exit at 54th Ave. N. cross over 34th St (U.S. 19) and turn south on 37th St. N.   Contact for more info:   Wayne 727-418-4225  Jane 727-403-8662 or Robert Wiley 727-580-4108, Club President Bert Jones 813-971-2577.    Free appraisals. Bring the whole Family.   Cost/Cover: FREE.   Take a kid to this Extravaganza.   Disabled American Veterans  4801 37th Street N.  St. Petersburg, Florida  33714.  Directions:  get on I 275, exit at 54th Ave. N. cross over 34th St (U.S. 19) and turn south on 37th St. N.    Hours:  9 AM - 3 PM ?.
Web Page:  

We would love to have you come.

Something to add? Notice an error? Comment on this blog.

About the Author
David C. Harper has been a coin collector since 1963. He joined the Krause Publications editorial staff in 1978 and is currently editor of Numismatic News and World Coin News. He also edits two books annually, North American Coins & Prices and Coin Digest. He is the author of the Class of '63 column that runs each week in Numismatic News. His first bylined numismatic article appeared in the June 1971 issue of Coins Magazine and his various Krause Publications assignments included a stint as editor of the magazine 1980-1983. Harper received a bachelor of science degree from the University of Wisconsin-Oshkosh in 1977. He had a double major of journalism and economics.

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