Thoughts on value trends in US coins

Is that a thing? Does it have a URI?

 

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I hope this is a bubble because the biggest coin on the bubble seems to be type I buffalos. I've been shopping for one for nearly 2 years now and the prices of good strikes seems to be going into outer space. I nice popped bubble on them would be apreciated.

 

Sounds good to me. I was just getting the feeling that prices were getting out of hand. No one wants to buy at a peak.

Does anyone know if postage stamps have also ridden up in value lately?

 

Just last week.

 

Heh are you referring to the cost of mailing a letter? I never ever know what that is anymore.

 

Forever stamps increase every year but yea there’s been some records for stamps, and sports cards, and video games, and Pokémon cards etc. pretty much every collectible has a set a record in the last 2-3 years

 

well, there is the concatonation .... that can't be posted under forum rules... but it makes me laugh.

 

Well, over all that might be the case. But for specific coins, the acceleration of market price would seem to indicate a bubble. If conditional rarities, and buffalo nickels are pushing through the roof at 60% increases per year, and the rest of the market is flat, then you have a bubble.

 

Again thats incorrect

 

I think they will slide soon. Many US issues common like generic Morgan $.

 

Are you asking about the reference to GC? greatcollections.com

 

Yep, ok

 

It's not necessarily a "fat bank account" issue but one of having more experience in or reading a fluctuating market, gauging that gut or "keeping me awake at night" feeling time to "sell now". It's like anything...the more time-in, you research and study trends the more confident your decision-making process. Case in point: earlier this year I sold various govt silver bullion, govt/private silver bars accumulated since 2013...up and down all the way. The Wall St. silver hype was raging, everyone and their grandmother was buying-like-lemmings online shill promotion to BUY BUY BUY silver betting on a collapse and to-da-moon valuation. Playing the contrarian and understanding the last CENTURY trends of silver I SOLD...granted shortly after a $30ish peak but I came out way ahead vs HOLDING, and bought physical gold to add to my small collection (not stack). I was ravaged on the Silver forums but...that's their problem. Silver has been in downtrend ever since to $22ish territory today, I no longer buy silver but fractional gold instead.Fat bank account?...we're classified lower middle class at best.

 

AMEN Brother. My dad, on his meager Steelworker pay, bought gold Krugs in that era but sold later when values dropped/leveled. Years later he sold all his stock due to perceived (TRUE) corruption and shortchanging the investors and put his $ into Series E/later I savings bonds. I WISH he had kept some of the Krugs but at least it exposed me to critical thinking and alternate coin/PM/investment (try to avoid loosing your principle) savings schemes. I dabbled in mutual funds but dropped like a hot potato when I learned about the HIGH expense rates (at that time) and us getting crumbs.