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<p>[QUOTE="saltysam-1, post: 1184093, member: 23368"]As said before, the first of anything is always a popular item. It was also unique because both collectors and investors were going after it. What is happening is the majority of collectors are leaving the competition and the secondary market is suffering. With Silver going the wrong way for many of the vest pocket investors, the secondary market is taking another bad hit. In the past, it wasn't uncommon for investors to tread into the collector area and obtain coins and drive prices up on rarities. I think this is one of the few times the tables were turned and bullion was sought after as a collectors item. Many times investors can't understand why a MS70 bullion piece sells for more than bullion pricing. The collectors can't understand why the investors are flipping their coins at inflated prices. No one seems to realize there are two different markets out there with two different approaches and totally different objectives. Many others try to play both ends against the middle, forgetting that even for a partner ship to work, someone must own 51% of the business. Which side controls you when you make the decision to buy? It also controls your thinking about what is going on in the market.[/QUOTE]</p><p><br /></p>
[QUOTE="saltysam-1, post: 1184093, member: 23368"]As said before, the first of anything is always a popular item. It was also unique because both collectors and investors were going after it. What is happening is the majority of collectors are leaving the competition and the secondary market is suffering. With Silver going the wrong way for many of the vest pocket investors, the secondary market is taking another bad hit. In the past, it wasn't uncommon for investors to tread into the collector area and obtain coins and drive prices up on rarities. I think this is one of the few times the tables were turned and bullion was sought after as a collectors item. Many times investors can't understand why a MS70 bullion piece sells for more than bullion pricing. The collectors can't understand why the investors are flipping their coins at inflated prices. No one seems to realize there are two different markets out there with two different approaches and totally different objectives. Many others try to play both ends against the middle, forgetting that even for a partner ship to work, someone must own 51% of the business. Which side controls you when you make the decision to buy? It also controls your thinking about what is going on in the market.[/QUOTE]
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