Will rare coins make a comeback?

The article wasn't saying that a president was impeached, but simply the threat of such action was enough to spike prices of rare coins. He gives two examples but didn't mention the third one.

I'm just going by what the article said. You should be able to find it on the CoinAge site and decide for yourself.

 

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That should have been a big clue to stop reading right then and there. Talk about grasping at straws

 

Still kicking Chris. Happy to see you back again. Aren’t these senior years some kind of fun?

 

The planet Mars is very close to the Earth right now.

How that will affect coin values we do not know.

 

In much more important and immediate news, welcome back, Chris!

 

This.

 

You're alive! Good to hear from you. I haven't seen you on coin forums for a long time.

 

Hahaha.

Ah, statistics, where the facts are made up and the numbers don't matter.

 

Agreed

 

Key word in that post.

 

Look! If I told you what I really thought about "senior years", I'd probably get another "zinger" from Jim aka @desertgem .

Chris

 

We, you see, the reason I mentioned it was to see if anyone else knew about it.

Guess I'll have to post the link for folks to determine it for themselves.

 

Yes. No. Maybe so?

The correct answer is definitely in this post.

On a serious note, who knows? With grade inflation and collector distrust in the grading services, I have my doubts. I think a lot of collectors learned how thin the market for collectible coins really is and most of those "scarce" or "rare" pieces really are a dime a dozen at any coin show.

 

I never knew they went away.

 

The point was there is nothing to know about. There is no correlation there. Just like eating an egg McMuffin for breakfast won't make your stock prices rise. Its grasping for straws at best

 

PCGS 3000 Index surpasses 65.

 

Right. No need to read the article to see if it has any merit. Why look at data in order to factually dispute it when our gut tells us what's what.

 

Probably because anyone who studies (or studied) economics knows that past performance does not predict future performance. And an n of 2 isn’t exactly much to go on in terms of establishing patterns. There is absolutely no way this author, who is in the bullion business, bothered to control all the many other variables that affect coin values. But what do I know? I only took Econ 101.

 

For much the same reason that I didn't dig for background material in every Bat-Boy article I saw displayed by the supermarket checkout. Sometimes you have to take sloppy short-cuts to save time. Guilty as charged.

 

1) Correlation is not causation.
2) NO