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<p>[QUOTE="physics-fan3.14, post: 623451, member: 19165"]This is part of an overall weakening in the coin market - a natural cycle. We had several years of booming times, with the state quarters and such. Now that has begun to wear off, coupled with the recession/depression, and there is an understandable hesitance on teh part of many people to pay thousands of dollars on shiny discs of metal. Prices go up, so prices must go down eventually - we can't just keep buying whatever we want and thinking the price will go up indefinitely. That's what happened to real estate buyers, and look where they are. We must be increasingly judicious in our numismatic purchases - which means that holders of cleaned, AT, overgraded coins and widgets are going to suffer the hardest.</p><p><br /></p><p>And in response to your use of the word "bargains", I think we all need to understand that values are going down. What seemed like a bargain a year ago might actually be a strong price now. Keep that in mind when you are buying, especially if you have the intent to sell any time soon. If you are buying for the very long term (5+ years), then now is a great time to buy, of course, while prices are down.[/QUOTE]</p><p><br /></p>
[QUOTE="physics-fan3.14, post: 623451, member: 19165"]This is part of an overall weakening in the coin market - a natural cycle. We had several years of booming times, with the state quarters and such. Now that has begun to wear off, coupled with the recession/depression, and there is an understandable hesitance on teh part of many people to pay thousands of dollars on shiny discs of metal. Prices go up, so prices must go down eventually - we can't just keep buying whatever we want and thinking the price will go up indefinitely. That's what happened to real estate buyers, and look where they are. We must be increasingly judicious in our numismatic purchases - which means that holders of cleaned, AT, overgraded coins and widgets are going to suffer the hardest. And in response to your use of the word "bargains", I think we all need to understand that values are going down. What seemed like a bargain a year ago might actually be a strong price now. Keep that in mind when you are buying, especially if you have the intent to sell any time soon. If you are buying for the very long term (5+ years), then now is a great time to buy, of course, while prices are down.[/QUOTE]
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