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40 years price trends of coins?
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<p>[QUOTE="Kasia, post: 1423358, member: 31533"]Although it certainly wouldn't hurt to know the history (trends) in the coin market in the past 40 years, I would be loath to try to base what is happening now or will in the future on the past. You never know until you have hindsight to see where you are at any one point. </p><p><br /></p><p><br /></p><p><br /></p><p>Even though there are stock market investors that do this sort of market analysis, in the end, it just comes down to the fact that you can't predict the future. And numismatics is probably a worse place to track trends for possible future gains than the stock market is.</p><p><br /></p><p>It is more important, I think, in the long run, to buy as nice a coin as you can. Enjoy it, and if you end up selling it for a profit in your lifetime (that outpaces the inflation adjustment you have to make and other factors, like the cost of keeping it safe, possibly insuring it, etc), then consider yourself lucky, not prescient.[/QUOTE]</p><p><br /></p>
[QUOTE="Kasia, post: 1423358, member: 31533"]Although it certainly wouldn't hurt to know the history (trends) in the coin market in the past 40 years, I would be loath to try to base what is happening now or will in the future on the past. You never know until you have hindsight to see where you are at any one point. Even though there are stock market investors that do this sort of market analysis, in the end, it just comes down to the fact that you can't predict the future. And numismatics is probably a worse place to track trends for possible future gains than the stock market is. It is more important, I think, in the long run, to buy as nice a coin as you can. Enjoy it, and if you end up selling it for a profit in your lifetime (that outpaces the inflation adjustment you have to make and other factors, like the cost of keeping it safe, possibly insuring it, etc), then consider yourself lucky, not prescient.[/QUOTE]
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