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anyone else think that this will be a big downward week...
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<p>[QUOTE="krispy, post: 1474312, member: 19065"]The clad Army commem half dollar is but one coin, one moment, when your "hope" came true, for a moment, out of all of the various new US Mint product released you've cheered for in the past few years for on this forum. Eventually you will get some of them right if you wait long enough for it, but that's not really an idea way of tossing your monies around nor to build a solid reputation for being right on picking winners. Minding this thread, those are all modern mint "collectibles" affected by collector trends and not investing oriented like this section of the forum where you brought your hugely unoriginal hope for lower silver prices. </p><p><br /></p><p>Recent sales of the Army commem half on eBay don't show 350% increases from the results of completed sales. The Army commem isn't precious metals but a clad coin. The numismatic press even commented on slow sales and low mintage of this coin. Clad commems just don't sell that well, especially these days with so much attention on precious metals. These predictions you make are the realm of factors and whims that coin collectors come up with chasing around supposed low mintages on not-intended-for-circulation coins created and marketed as collectibles. Such collector demand of these products is often a brief aftermarket trend and does not last for long. You see values fall off quickly and steadily as more and more modern coins are released and collector attention moves away these moments when hopeful flipping opportunities appeared to pan out. </p><p><br /></p><p>Not even two days ago in another thread you stated how 'very small' of a profit you made on BSA coin, to which I pointed out the effort and expense hardly warranted spinning your wheels on them. Now you state it was a 20% increase. Going by these two statements, I guess you missed the timing to make your profit selling yours. You can always hope for next time, I'm sure the Mint will create more dreams to raise the old pom poms. I simply caution toying with 'hope' investing in PMs going by your track <i>wreck</i>ord picking winners in modern collector coins. If you don't offer any reasons for why the price of silver might trend lower, apart from a 'hope' which is something probably most everyone on these forums might also already share, unless they are looking to cash out, then you may be out a whole lot of time and/or money waiting to be right someday. Overall, I am really only cautioning your exuberance from collectibles if when you are commenting on investments. :thumb:[/QUOTE]</p><p><br /></p>
[QUOTE="krispy, post: 1474312, member: 19065"]The clad Army commem half dollar is but one coin, one moment, when your "hope" came true, for a moment, out of all of the various new US Mint product released you've cheered for in the past few years for on this forum. Eventually you will get some of them right if you wait long enough for it, but that's not really an idea way of tossing your monies around nor to build a solid reputation for being right on picking winners. Minding this thread, those are all modern mint "collectibles" affected by collector trends and not investing oriented like this section of the forum where you brought your hugely unoriginal hope for lower silver prices. Recent sales of the Army commem half on eBay don't show 350% increases from the results of completed sales. The Army commem isn't precious metals but a clad coin. The numismatic press even commented on slow sales and low mintage of this coin. Clad commems just don't sell that well, especially these days with so much attention on precious metals. These predictions you make are the realm of factors and whims that coin collectors come up with chasing around supposed low mintages on not-intended-for-circulation coins created and marketed as collectibles. Such collector demand of these products is often a brief aftermarket trend and does not last for long. You see values fall off quickly and steadily as more and more modern coins are released and collector attention moves away these moments when hopeful flipping opportunities appeared to pan out. Not even two days ago in another thread you stated how 'very small' of a profit you made on BSA coin, to which I pointed out the effort and expense hardly warranted spinning your wheels on them. Now you state it was a 20% increase. Going by these two statements, I guess you missed the timing to make your profit selling yours. You can always hope for next time, I'm sure the Mint will create more dreams to raise the old pom poms. I simply caution toying with 'hope' investing in PMs going by your track [I]wreck[/I]ord picking winners in modern collector coins. If you don't offer any reasons for why the price of silver might trend lower, apart from a 'hope' which is something probably most everyone on these forums might also already share, unless they are looking to cash out, then you may be out a whole lot of time and/or money waiting to be right someday. Overall, I am really only cautioning your exuberance from collectibles if when you are commenting on investments. :thumb:[/QUOTE]
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anyone else think that this will be a big downward week...
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