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<p>[QUOTE=&quot;GDJMSP, post: 3875891, member: 112&quot;]It&#039;s been bit longer than that I&#039;m afraid. The first coin auction was in 1598 in Leiden, Netherlands. And there has been a coin market ever since.</p><p><br /></p><p>And yeah, I am surprised, way beyond surprised even. And that&#039;s because for as long as coin prices have been tracked, and they have been for hundreds of years, as a general rule typical bull market only last from 3 to 5 years. And a typical bear market only last from 5 to 8 years. The last time there was a bull market that lasted more than 5 years, it was the one that ended in 1989 - it had lasted 7 years. The bear market that followed only lasted 6.</p><p><br /></p><p>The last bull market in US coins lasted from 2001 to 2008 - it was considered extreme. The current bear market has lasted from 2008 until now, 2019 - that is also considered extreme, beyond extreme.</p><p><br /></p><p>So the portents for a bull market in world coins that has lasted 16 years, well, I dunno about anybody else but I find it downright scary ! Why ? Because those that fail to learn from the past are doomed to repeat it ![/QUOTE]</p><p><br /></p>

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