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<p>[QUOTE="umtrr-author, post: 744437, member: 5719"]Carl, I wonder how much of the activity you're seeing is, well, attempts to take advantage of uninformed buyers.</p><p><br /></p><p>At my last coin club meeting there was a Wall Street Journal article discussed. It was apparently noted in that article that coins outperformed other investment vehicles. (Disclaimer: I have not read the piece for myself.) Perhaps there are enough people out there who believe, or want to believe, that coins are a place to land when flying out of mutual funds, bank accounts with extremely low interest rates, Beanie Babies, etc. And maybe that's what you're seeing.</p><p><br /></p><p>I have not heard of any large increases in sales volumes locally, although I have not been very involved with coins in the last few months. The coin show I attended two weeks ago was called "slow" by some dealers, especially on the Sunday of the two day show.[/QUOTE]</p><p><br /></p>
[QUOTE="umtrr-author, post: 744437, member: 5719"]Carl, I wonder how much of the activity you're seeing is, well, attempts to take advantage of uninformed buyers. At my last coin club meeting there was a Wall Street Journal article discussed. It was apparently noted in that article that coins outperformed other investment vehicles. (Disclaimer: I have not read the piece for myself.) Perhaps there are enough people out there who believe, or want to believe, that coins are a place to land when flying out of mutual funds, bank accounts with extremely low interest rates, Beanie Babies, etc. And maybe that's what you're seeing. I have not heard of any large increases in sales volumes locally, although I have not been very involved with coins in the last few months. The coin show I attended two weeks ago was called "slow" by some dealers, especially on the Sunday of the two day show.[/QUOTE]
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