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any numismatic reason to save Delaware, NJ and Pennsylvania quarters
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<p>[QUOTE="cdb1950, post: 39162, member: 1735"]I think what you are seeing is called 'price cycling' or something like that. Some bigtime dealer will start offering a lot for something common. Might even buy a few at the high price. Pretty soon, everyone is climbing on that bandwagon and the price is artificially inflated <i>for a while</i>. When the original big time seller sells all his common coins at artificial high prices, the price will come back down and the bigtime seller will move on to something else. In the meantime, hundreds, thousands, maybe more collectors will be stuck with these common coins at artificially high prices.</p><p><br /></p><p>Happens all the time. There is no reason to pay a premium on ANY circulated P or D mint state quarter, unless it is an error or some cool variety. There are going to be plenty to go around for many years, even with hoarders.</p><p><br /></p><p>P.S. If you can find the bigtime dealer that is offering to buy at 50c each, contact him and offer him a few hundred and see what happens.[/QUOTE]</p><p><br /></p>
[QUOTE="cdb1950, post: 39162, member: 1735"]I think what you are seeing is called 'price cycling' or something like that. Some bigtime dealer will start offering a lot for something common. Might even buy a few at the high price. Pretty soon, everyone is climbing on that bandwagon and the price is artificially inflated [i]for a while[/i]. When the original big time seller sells all his common coins at artificial high prices, the price will come back down and the bigtime seller will move on to something else. In the meantime, hundreds, thousands, maybe more collectors will be stuck with these common coins at artificially high prices. Happens all the time. There is no reason to pay a premium on ANY circulated P or D mint state quarter, unless it is an error or some cool variety. There are going to be plenty to go around for many years, even with hoarders. P.S. If you can find the bigtime dealer that is offering to buy at 50c each, contact him and offer him a few hundred and see what happens.[/QUOTE]
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any numismatic reason to save Delaware, NJ and Pennsylvania quarters
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