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Are post 1800 World Coin Prices in Decline, Stagnant or Otherwise? A Survey.
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<p>[QUOTE="princeofwaldo, post: 3962137, member: 24091"]The top is already in for a number of countries. Russia in 2008, China in 2011 in particular. Lots of others are way off their highs, Brazil especially, also Italy dated after 1861. Greece. Portugal. All considerably easier to acquire than they were ten years ago. </p><p><br /></p><p>19th century British proof gold has had the most recent run, a huge move lasting 3 years. It has now plateaued and likely will drop over the next 2 years. </p><p><br /></p><p>Egypt, another gigantic run and plateau. </p><p><br /></p><p>But rare coin prices are a funny thing in that they get excited when precious metals are making a run, which only happens about once every 20 years. Almost like nuclear fission when the metals are melting-upward, the excited electrons smacking into adjacent rare coins and sending them on supercharged price tangents no one thought conceivable only a few months earlier. </p><p><br /></p><p>We need another inflation adjusted high in gold to really get things moving again, and my unscientific guess is that level is somewhere around $2,400 an ounce.[/QUOTE]</p><p><br /></p>
[QUOTE="princeofwaldo, post: 3962137, member: 24091"]The top is already in for a number of countries. Russia in 2008, China in 2011 in particular. Lots of others are way off their highs, Brazil especially, also Italy dated after 1861. Greece. Portugal. All considerably easier to acquire than they were ten years ago. 19th century British proof gold has had the most recent run, a huge move lasting 3 years. It has now plateaued and likely will drop over the next 2 years. Egypt, another gigantic run and plateau. But rare coin prices are a funny thing in that they get excited when precious metals are making a run, which only happens about once every 20 years. Almost like nuclear fission when the metals are melting-upward, the excited electrons smacking into adjacent rare coins and sending them on supercharged price tangents no one thought conceivable only a few months earlier. We need another inflation adjusted high in gold to really get things moving again, and my unscientific guess is that level is somewhere around $2,400 an ounce.[/QUOTE]
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Are post 1800 World Coin Prices in Decline, Stagnant or Otherwise? A Survey.
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