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<p>[QUOTE=&quot;Morgan1878, post: 606925, member: 17869&quot;]My observations on market conditions are:</p><p>&nbsp;</p><p>1. Spot price of silver is rising, I believe it will rise more in the next six months.</p><p>&nbsp;</p><p>2. Price of collectible Morgans is flat for most dates/conditions and up for a few dates/conditions. This is consistent with the trend in other collectibles such as art, fine wine and rare cars. Generally, top prices for collectibles occur at the peak of economic cycles. I don&#039;t expect prices on Morgans to rise substantially soon, so I believe that the spread between spot and collectibles could widen.</p><p>&nbsp;</p><p>I have years of investing experience, my day job is at an investment firm/Swiss bank. One thing I have learned is that if a strategy starts to crumble, leave your ego at the door and change your plan. Flexibility has saved my bacon more than once.</p><p>&nbsp;</p><p>Regardless of which way spot silver goes, if I see collectible Morgans I want to buy (slabbed or not, but likely slabbed), I will sell enough &quot;melt&quot; to cover these purchases. Again, I am not in a hurry. I see coin-collecting as something to enjoy, not an additional source of stress.</p><p>&nbsp;</p><p>This forum is particularly enjoyable, responses from people like yourself are well thought out and provide insight into areas that I have questions about.[/QUOTE]</p><p><br /></p>

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