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<p>[QUOTE=&quot;RedTiger, post: 623635, member: 19098&quot;]Collectors that use price guides need to be aware that the guide prices have not adjusted lower. Typical auction prices, typical wholesale offers (when a person offers to sell a coin to a dealer) are down 20% on average. Price guide prices, are down about 2% on average. Dealer retail asking prices, in ads, on websites, and on the bourse for new customers, are in line with the price guides.</p><p><br /></p><p>I agree, that the auctions linked do not appear to be bargains, because similar coins have sold for less. The prices do show an overall lower market for those coins.</p><p><br /></p><p>Cheap often becomes cheaper. Low prices often become lower. I no longer buy coins just because they are cheap. I am a student of financial markets. The most common mistake in a bear market is for investors to commit their cash reserves too early. This is generally true, in all kinds of markets, stocks, real estate, commodities. Only after the dust has settled will a person know where the bottom is. Buying into weakness is fine for a hobbyist, but folks should not fool themselves into thinking they are buying at or near a bottom. By definition, maximum number of sellers, and minimum number of buyers, is what makes for a market bottom.[/QUOTE]</p><p><br /></p>

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