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<p>[QUOTE="princeofwaldo, post: 2007900, member: 24091"]The Silver Dollar Show in St. Charles, MO was a complete bust last week, or so I have been told. I think what people are seeing is lag. The price of gold and silver have dropped significantly, yet a lot of dealers have not budged on their prices. There are a few exceptions, and for those dealers business has been great.</p><p><br /></p><p>At the local monthly coin show here in Kansas City a few weeks ago, I managed to pick-up an 1910-D gold $10 Eagle in NGC MS-62 for $750, --would have been about a $875 coin a few months ago. So, for buyers the price action has actually been a good thing.</p><p><br /></p><p>As for eBay, I really don't think the coin side of their business has much of a future, all the BIN fixed priced coins are listed for 40%-75% more than they are worth, and very few people have the time to scour the site looking for the 0.5% of listings that are a great deal or sold in no-reserve auctions.</p><p><br /></p><p>The one wild card in everything is, --and it's hard to believe it affects even the coin market as much as it does-- would be upcoming changes to everyone's healthcare expenses. A lot of companies are rolling out new health coverage for 2015 that will rip the wallet right out of a lot of people's pants. Nearly every person I have talked too has mentioned the same thing about their coverage for next year, that it will have a primary component that involves an HSA (heathcare spending account) with just catastrophic insurance coverage. The money that will be needed</p><p>to fund that account has to come from somewhere, and like or not, for a lot of folks the money is coming out of their hobby budget.[/QUOTE]</p><p><br /></p>
[QUOTE="princeofwaldo, post: 2007900, member: 24091"]The Silver Dollar Show in St. Charles, MO was a complete bust last week, or so I have been told. I think what people are seeing is lag. The price of gold and silver have dropped significantly, yet a lot of dealers have not budged on their prices. There are a few exceptions, and for those dealers business has been great. At the local monthly coin show here in Kansas City a few weeks ago, I managed to pick-up an 1910-D gold $10 Eagle in NGC MS-62 for $750, --would have been about a $875 coin a few months ago. So, for buyers the price action has actually been a good thing. As for eBay, I really don't think the coin side of their business has much of a future, all the BIN fixed priced coins are listed for 40%-75% more than they are worth, and very few people have the time to scour the site looking for the 0.5% of listings that are a great deal or sold in no-reserve auctions. The one wild card in everything is, --and it's hard to believe it affects even the coin market as much as it does-- would be upcoming changes to everyone's healthcare expenses. A lot of companies are rolling out new health coverage for 2015 that will rip the wallet right out of a lot of people's pants. Nearly every person I have talked too has mentioned the same thing about their coverage for next year, that it will have a primary component that involves an HSA (heathcare spending account) with just catastrophic insurance coverage. The money that will be needed to fund that account has to come from somewhere, and like or not, for a lot of folks the money is coming out of their hobby budget.[/QUOTE]
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