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<p>[QUOTE="baseball21, post: 2443943, member: 76863"]There is no shortage of new wealth and people that can spend thousands and thousands on a single coin have no shortage of money. </p><p><br /></p><p>The high end market will do what it has always done, ebb and flow depending on the sale timing and how many people at that level are interested in the same item. Overall though there is no reason to think that that part of the market won't continue to flourish. </p><p><br /></p><p>As far as "cheap" coins in the 50-150 dollar range being good investments, history would say otherwise. It took many of those coins over a 100 years just to get to that price point, for the most part that means that there are more of them then people collecting them. Common things will always be common unless the whole world gets interested in them or a large percentage are unexpectedly destroyed. This is also the group of buyers that is most affected by economic conditions and the first coins to drop or stop selling in stagnate to down markets. </p><p><br /></p><p>People have been predicting the demise of the coin market for probably as long as the market has existed. True investment coins will just fine, higher end coins will be fine, "cheap" coins are the ones with the biggest risk when it comes to market factors. Really the only real threat to the top of the market is other examples becoming known.[/QUOTE]</p><p><br /></p>
[QUOTE="baseball21, post: 2443943, member: 76863"]There is no shortage of new wealth and people that can spend thousands and thousands on a single coin have no shortage of money. The high end market will do what it has always done, ebb and flow depending on the sale timing and how many people at that level are interested in the same item. Overall though there is no reason to think that that part of the market won't continue to flourish. As far as "cheap" coins in the 50-150 dollar range being good investments, history would say otherwise. It took many of those coins over a 100 years just to get to that price point, for the most part that means that there are more of them then people collecting them. Common things will always be common unless the whole world gets interested in them or a large percentage are unexpectedly destroyed. This is also the group of buyers that is most affected by economic conditions and the first coins to drop or stop selling in stagnate to down markets. People have been predicting the demise of the coin market for probably as long as the market has existed. True investment coins will just fine, higher end coins will be fine, "cheap" coins are the ones with the biggest risk when it comes to market factors. Really the only real threat to the top of the market is other examples becoming known.[/QUOTE]
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A Take on the coin market.
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