Are coins in a BUBBLE?

So as I see almost everything else going down with gold and silver, it got me to think, are the coins I'm buying in a bubble?

When was the last time the coin market was in a bubble?

Would all coins crash if there was a coin bubble that broke?

Will the baby-boomers selling off their collections in the next decade create an illiquid market for coins?

How about top pops.... with more baby boomers selling... are the top pops going to drop in price if a lot of high grade coins come into the market?

It looks slow in here today.... figured I'd stir something up

 

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Most of us were just polishing our silver.

Chris

 

Maybe it's just my club, but I'm one of only a few boomers. Everyone else is at least a decade older. If their collections hit the market simultaneously, we would be jammed!

 

I don't think said concern is really a significant one. There are still a lot of people that start collecting coins everyday.

 

Coins are much like the stock market. One day a coin type is hot and the next, it's not. The worth of everything is always changing.

 

Coins are definitely in a bubble the only coins that won't lose value are ones of high value that the upper class and elite would be interested in. Say $15,000+

 

Not significant? You should think again.

 

I know a lot of people in the 15-25 range that collect coins. I don't see this really being a major issue. I don't think there is any data to backup this claim either way.

 

Dear God. You should quit posting until you know what you are talking about. You know very little about this hobby and should stop acting like you do.

 

Bubble or not, who the devil cares? If I were to invest I'd have done it with something else other than coins. That said, I also could have bought a good meal or a pack of gum and had nothing to show for it. In coins I do........

 

Speaking just for me, the decline in PM prices have resulted in apathy.
I'm no longer buying, I still go to the shows and look. I do keep up to date with the presidential dollars although it is not a favorite. Granted most of my sets are complete. Some are done except for the exorbitant keys. Those keys I probably would never buy anyway even if I had my former enthusiasm.

 

Wise words and this has been true with anything from the beginning of time. There is no need for data to know the world is not flat.

 

And many in this general age range very well may leave the hobby, be it temporarily or permanently; this is a reality that has been going on for many, many years. The point is that being a collector today does not automatically make them one tomorrow.

 

We've been through this many times before my friend. At some point, all return....... I did.

 

@ldhair That's funny it really is.

 

If it only were true....

 

He's right...

 

I have posted several times in this thread. Please let me know what you found funny. I'll be happy to fill in what ever it is, you did not understand.

 

The one and only time the market will have any bearing on my collection is the day I sell all I own. At that single point in time, it will be what it is. My thoughts on it won't influence the outcome either way. If I choose never to sell; the market, bubbles, top pops, elite coins and the strength in numbers participating in the hobby; is not even a factor. If virtual currency takes hold and coin production stops, the effect of erosion on availability will take place, and prices will increase across the board. This will probably be a slow process to start out with.