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<p>[QUOTE=&quot;statequarterguy, post: 970863, member: 21782&quot;]It appears to be promoted by the shysters.&nbsp; Look what happened to higher grade common Morgans in the 1980&#039;s - sold to the unknowing by basement based telemarketers - eventually the market collapsed.&nbsp; The same is happening today with the aid of the TPG&#039;ers and their &quot;registry sets&quot; and lax grading standards.&nbsp; They&#039;ve created a market where none existed, a market for high grade common coins.&nbsp; Most old timers don&#039;t believe this market will last, as the underlying most important factor is missing, that of low mintage, which causes a coin to be valuable regardless of grade.&nbsp; Now, a higher grade coin will always command some premium, but that premium, before all the hype and promotion, was always minimal for a high mintage coin.&nbsp; If history repeats, the first signs of the collapse will be tightening grading standards.&nbsp; Overnight your ms70’s will be 69’s or 68’s and worth only a fraction of what you paid.&nbsp; Then the snowball effect takes over, burnt “collectors” exit the market in mass, causing further declines in value.[/QUOTE]</p><p><br /></p>

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