Message:

<p>[QUOTE=&quot;Vess1, post: 839884, member: 13650&quot;]I&#039;m usually the one that is criticized for being too negative on most subjects, though I&#039;m only trying to be realistic.</p><p><br /></p><p>&nbsp;&nbsp;&nbsp; I&#039;m actually optimistic on this topic and I do not agree with your feelings here.&nbsp; I will agree that there is a lot of junk on ebay!&nbsp; But there&#039;s also a lot of good stuff on there too.&nbsp; There&#039;s just A LOT of everything.&nbsp; Which side do you want to pick?&nbsp;&nbsp; </p><p>&nbsp; The link I posted at the top of page 2, post #41 here.... concerning that dealer, they are NOT dumping unsaleable stuff on ebay.&nbsp; Everything I saw that this one, single dealer was selling was really premium stuff.&nbsp;&nbsp; They were offering a high MS half eagle for $50k.&nbsp;&nbsp; Just one of hundreds of auctions they have going on any given day.&nbsp;&nbsp; They&#039;re receiving feedback for around <b>$300k worth of coins PER MONTH.</b>&nbsp; In arguably the worst economy we&#039;ve had since the Great Depression.</p><p><br /></p><p>&nbsp;&nbsp;&nbsp; This is just one dealer on ebay.&nbsp; What are the collective GROUP of dealers doing on there?&nbsp;&nbsp; What&#039;s going on and what all is selling that we don&#039;t even know about at B&amp;M shops?&nbsp; &nbsp; I personally know of many transactions for coins that happen at a dealer in my general area, where people are bringing in 5 digit checks, regularly.&nbsp;&nbsp; Sometimes just for the bullion.&nbsp;&nbsp; But nobody would ever know this takes place.&nbsp; This is only a tiny slice of what&#039;s really going on.&nbsp; The rest we don&#039;t know about.</p><p><br /></p><p>&nbsp; It gets to a point where, what is left that is safe to put money in anymore?&nbsp;&nbsp; The cash is becoming more worthless every day.&nbsp; It has to go somewhere.&nbsp; &nbsp; Do you put it in something you enjoy and can hold?&nbsp; Something that will depreciate terribly with time?&nbsp; &nbsp; Do you trust playing in the stock market?&nbsp;&nbsp; I mean, these are desicions everybody is making.&nbsp;&nbsp; </p><p><br /></p><p>&nbsp; If investors do ever look to coins again to store wealth as a safe haven, hang on for the ride.&nbsp; &nbsp; Will it happen again?&nbsp; It wouldn&#039;t surprise me.&nbsp; Frankly, I don&#039;t hope for it or care.&nbsp; But I plan on getting what I can now and living with the risk.&nbsp;&nbsp; For better or worse.&nbsp; I&#039;ve been wrong before.</p><p><br /></p><p>&nbsp; All I can say is, it&#039;s amazing to me how prices stay up there, considering the supposedly small number of people who are left in the hobby with any interest.&nbsp;&nbsp; No dealers are going to sell you a $200 coin for $100 just to move it.&nbsp;&nbsp; Or a $1000 coin for $850 just to move it.&nbsp;&nbsp; If it doesn&#039;t sell, then they&#039;ll just hang on to it.&nbsp; &nbsp; The thing is, if it&#039;s nice and desirable, chances are it&#039;s going to sell, no problem.&nbsp; Somehow.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in