Bid over 30X Wholesale and Lost!

Discussion in 'Coin Chat' started by Lehigh96, Feb 18, 2009.

  1. Arizona Jack

    Arizona Jack The Lincoln-ator

    I wonder if Mark Feld has an archived pic of that 1945 Micro S merc he showed us at the show, that would flip anybody, even Spock I bet:kewl:
     
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  3. spock1k

    spock1k King of Hearts

    then we have nothing to worry about u and me are not alike :D

    am going to go find dogbert :p

    there is a reason the dip was invented bring it on :D
     
  4. GDJMSP

    GDJMSP Numismatist Moderator

    Thank God !
     
  5. spock1k

    spock1k King of Hearts

    as usual u remember god when you see me and u dont read my entire post u get so busy thanking god :D. somethings will always be as old as the parting of the nile :D
     
  6. EagleEye

    EagleEye Member

    The book is "Extraordinary Popular Delusions and the Madness of Crowds" By Charles Mackay. It explores the various bubbles markets that had played out prior to 1841, when it was written. The tulip mania of 1637, South Sea bubble of 1711-1720 and the Mississippi Company of 1719-1720.

    It gets reread and referenced during or after every bubble since then - Dot-com, WI extra leaf, Housing, etc..

    Strong bids for toned coins does not, I believe, fall into the classic bubble mentality, since the buyers are buying natural works of art - similar to mineral collecting or art. Buyers can choose not to buy minerals or art, but don't tell anyone collecting them that are "nuts" for doing so.
     
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