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Are U.S coin prices bound for a great fall?
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<p>[QUOTE="National dealer, post: 5662, member: 487"]Well let me throw this thought in. This latest bull market is directly linked to the StateHood quarters, and a few other factors. The stock market is running up and down like a yo-yo, which is always a nice thing for coins. The dot com stock boom has went the way of the dodo, so investors are back into coins. This is a big swing for slabs. The registry sets of PCGS and NGC are market drivers. They are quielty sinking in thousands and thousands of dollars promoting these competitions. The internet boom is also a major factor. People like the convenience of sitting at home and buying coins. Slabs benefit from this. </p><p>Protection is and will always be a concern. Slabs offer this to a small degree. </p><p><br /></p><p>Now this market will swing again, and again. Coins have been collected for two thousand years. Slabs unfortunately are here to stay. I just hope that we as collectors and dealers will make the stand for better grading standards by all involved.[/QUOTE]</p><p><br /></p>
[QUOTE="National dealer, post: 5662, member: 487"]Well let me throw this thought in. This latest bull market is directly linked to the StateHood quarters, and a few other factors. The stock market is running up and down like a yo-yo, which is always a nice thing for coins. The dot com stock boom has went the way of the dodo, so investors are back into coins. This is a big swing for slabs. The registry sets of PCGS and NGC are market drivers. They are quielty sinking in thousands and thousands of dollars promoting these competitions. The internet boom is also a major factor. People like the convenience of sitting at home and buying coins. Slabs benefit from this. Protection is and will always be a concern. Slabs offer this to a small degree. Now this market will swing again, and again. Coins have been collected for two thousand years. Slabs unfortunately are here to stay. I just hope that we as collectors and dealers will make the stand for better grading standards by all involved.[/QUOTE]
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