Are coin values affected by the price of gold?

Discussion in 'Coin Chat' started by Larry, Jul 26, 2003.

  1. Larry

    Larry New Member

    Do coin values fluctuate widely, up & down, like the stock market? Or do prices tend to remain fairly stable? If gold & silver are beginning "bull" markets, how will collectible coins be affected, if at all?
     
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  3. Peter T Davis

    Peter T Davis Hammer at the Ready Moderator

    I think that the price of gold really only directly effects the prices for gold coins. There is a somewhat loose indirect relationship between silver and gold, and other metals, but I wouldn't venture into predicting anything about one based upon the other (I'd be fabulously wealthy if I could do that).
     
  4. Coin Chick

    Coin Chick Loves Gold

    It's just gold coins. I do not believe there is any relation otherwise.
     
  5. Larry

    Larry New Member

    Do coin values fluctuate much?

    Over the years, have coin values fluctuated widely, or have values been somewhat stable?
     
  6. Coin Chick

    Coin Chick Loves Gold

    It's been as volitile as the stock market at times.
     
  7. Larry

    Larry New Member

    Are we in a bull coin market?

    I'm sure it is a market of coins, but how can one tell if the overall market is bullish? The stock market has the DOW, S&P 500, etc. and you can look at a chart & tell what has been happening.

    Is there an index of coins? Is there anything like charts?
     
  8. Peter T Davis

    Peter T Davis Hammer at the Ready Moderator

    Yep, subscribe to Coin World, Numismatic News, the Greysheet, they all have that.
     
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