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<p>[QUOTE=&quot;svessien, post: 591960, member: 15481&quot;]I believe there are many factors to consider.</p><p>First of all, what kind of coins are we talking about?</p><p>Russian coins, Norwegian coins? They are still going for good prices, and in bull market terrain, as far as I know....</p><p>&nbsp;</p><p>Ancient coins? They seem pretty consistent, I think.</p><p>Seems to me like many ancient coin collectors are in it for the hobby, most of all.</p><p>With inflation, I believe we should see a continuous rise in prices for ancient coins, especially Sicilian coins, Roman republic, early imperial and also late imperial period. Byzantine coins seem to become more interesting too.</p><p>I don&#039;t have any statistics - these are just my observations from my own buying.</p><p>&nbsp;</p><p>I consider the coins likely to fall are high grade (MS64+) US coins.</p><p>They seem to be the interesting objects for speculators, as the grading and continuous price registering by PCGS, greysheet a.o. makes the market for these coins more similar to the stock market. Similar to the stock market, investors are not keen on taking risk right now, so i guess some people who have shelled out thousands for &quot;MS68&quot; coins are up for a disappointment.</p><p>&nbsp;</p><p>The coins that are most of all likely to fall in price, are common coins, like common date Morgans and such. These are the coins for people with ordinary incomes, who will be hit hardest by the recession, in terms of not being able to afford coins on their monthly budget. </p><p>Bullion prices will keep these coins from going down more than 60-70 % though.</p><p>&nbsp;</p><p>I believe the time to buy is from now on, but carefully, and spreading the purchases over a long period. Coins may continue to go down in demand, but that may also be the case for cash. We may suddenly find the western economy going into higher inflation, which will hit the coin market too. The current rally in stocks shows that quite a few people are eager to downsize their holdings of cash. As we know, commodities, stocks and other assets will rise in (numeric) value if or when inflation strikes.</p><p>&nbsp;</p><p>Just my 2 cents.</p><p>Or øre, that is, I&#039;m Norwegian[/QUOTE]</p><p><br /></p>

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