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<p>[QUOTE="Curtisimo, post: 4287467, member: 83845"]Less than a week ago CNG sent out an email with a few lines at the end that claimed the coin market was extremely strong and seeing increased activity. At the time I thought it was a pre-canned marketing throw away line but looking at auctions over the past week+ it seems that CNG’s observation is entirely accurate if not an understatement. </p><p><br /></p><p>Perhaps the increase isn’t spread evenly among auction houses or maybe the low end or the high end is being effected more? I’m not sure, but from the several auctions I’ve been watching bidding seems stronger across the board. </p><p><br /></p><p>This is counter to what I would have predicted. The increasing uncertainty about shipping arrangements as well as the recent economic fall out would seem to be factors working against discretionary spending on hobby items. For me at least I am conserving my financial resources in case of the very real possibility that I will need to help members of my family survive through economic uncertainty in the months ahead (or even if I lose my own job!). </p><p><br /></p><p>What do you think? Has the pandemic effected your coin purchasing habits? Do you think the recent surge in auction activity / prices is sustainable? </p><p><br /></p><p style="text-align: center">......................................</p><p><br /></p><p>Here is a coin showing Apollo, god of healing. Thank you to all the health care workers out there working hard to heal the sick. </p><p>[ATTACH=full]1091334[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="Curtisimo, post: 4287467, member: 83845"]Less than a week ago CNG sent out an email with a few lines at the end that claimed the coin market was extremely strong and seeing increased activity. At the time I thought it was a pre-canned marketing throw away line but looking at auctions over the past week+ it seems that CNG’s observation is entirely accurate if not an understatement. Perhaps the increase isn’t spread evenly among auction houses or maybe the low end or the high end is being effected more? I’m not sure, but from the several auctions I’ve been watching bidding seems stronger across the board. This is counter to what I would have predicted. The increasing uncertainty about shipping arrangements as well as the recent economic fall out would seem to be factors working against discretionary spending on hobby items. For me at least I am conserving my financial resources in case of the very real possibility that I will need to help members of my family survive through economic uncertainty in the months ahead (or even if I lose my own job!). What do you think? Has the pandemic effected your coin purchasing habits? Do you think the recent surge in auction activity / prices is sustainable? [CENTER]......................................[/CENTER] Here is a coin showing Apollo, god of healing. Thank you to all the health care workers out there working hard to heal the sick. [ATTACH=full]1091334[/ATTACH][/QUOTE]
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