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<p>[QUOTE="RabidRick, post: 2000936, member: 37868"]Doubt it:</p><p><br /></p><p><img src="http://www.pcgs.com/images/graphs/indexallgraph.gif" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>As you can see, in the late 80's it was DEFINITELY a bubble. My best guess here is people who started turning to coins as an investment were disillusioned when they realized the bid/ask spread having bought from dealers. Keep in mind too, this index is based on some of the high-tier coins, not your every-day Buffalos or IHC's you will see most young people collecting.</p><p><br /></p><p>Also, the ancients don't seem too far off what was printed in Sear, and that was in the 1970's. Most investors go to the stock market. If anything were saturated I'd say THAT market is <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie7" alt=":p" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="RabidRick, post: 2000936, member: 37868"]Doubt it: [IMG]http://www.pcgs.com/images/graphs/indexallgraph.gif[/IMG] As you can see, in the late 80's it was DEFINITELY a bubble. My best guess here is people who started turning to coins as an investment were disillusioned when they realized the bid/ask spread having bought from dealers. Keep in mind too, this index is based on some of the high-tier coins, not your every-day Buffalos or IHC's you will see most young people collecting. Also, the ancients don't seem too far off what was printed in Sear, and that was in the 1970's. Most investors go to the stock market. If anything were saturated I'd say THAT market is :p[/QUOTE]
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