What would you do....

Discussion in 'US Coins Forum' started by Speedy, Nov 19, 2004.

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  1. Speedy

    Speedy Researching Coins Supporter

    ND
    I would LOVE to go to a big show but at my age and school going it will be years before it comes to pass :rolleyes: ;)
    Hopefuly one year soon I'll be able to!!!

    GDJMSP
    I got you :D :rolleyes:
    In one way I wish some coins would go down in value....not all but just some :rolleyes: :rolleyes:

    But you can bet on one thing....even if all of the US coins go down, I'll still be collecting like crazy ;) ;)

    Speedy
     
    Speedy, Nov 23, 2004
    #21 + Quote Reply
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  3. Gregory

    Gregory New Member

    Why do you think U.S. coins will be crashing down in value?

    Greg
     
    Gregory, Nov 24, 2004
    #22 + Quote Reply
  4. National dealer

    National dealer New Member

    50%? GD I am not sure about this one. I see a correction coming, but I don't see that major of a correction.
     
    National dealer, Nov 24, 2004
    #23 + Quote Reply
  5. GDJMSP

    GDJMSP Numismatist Moderator


    Hmmmm - I have seen quite a few examples of it already in realized auction prices. Coins that were sold earlier this year and then bought back by the original seller for 40% of what they sold them for. And no I'm not talking about moderns.

    But time will tell.
     
    GDJMSP, Nov 24, 2004
    #24 + Quote Reply
  6. National dealer

    National dealer New Member

    I have been watching this auction trend myself. You are absolutely correct in a market correction coming. The talk has been circulating for some time now among those who pay attention to the hobby. You and I have offered this same opinion in a few other threads.
    I just can't see 50% happening to any degree. Some of the rare coin buyers have been making their way back to the stock market recently. As I participate in the ultra rare market, my sales have fallen off considerably.
    Of course, I make money in bull markets and bear markets. Buy right, and you sell right.
     
    National dealer, Nov 25, 2004
    #25 + Quote Reply
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