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<p>[QUOTE="Lehigh96, post: 525077, member: 15309"]I agree with Categories 2 & 3. Regarding category 1, what will happen first? The collapse of the toned coin market or the people that predict the collapse admit they are wrong. I don't mean any offense, but people have been predicting the collapse of the toned coin market for about 10 years now. Every year they make the same prediction and it simply doesn't happen.</p><p><br /></p><p>I have tried numerous times to explain why it will not happen yet my logic and reasons seem to go unnoticed. Collectors have always paid a premium for toning and this will continue. The size of the premium is related to the quality of the toning and it's effect on eye appeal as well as the price of the same issue devoid of toning. The lower the price, the higher the premium.</p><p><br /></p><p>And this may be semantics but you said there will be a lot of disappointed collectors. In my eyes, collectors rarely consider the resale value of the coins they purchase. They may consider it if they are over invested in coins, but for the most part, that is an area that affects mainly investors in rare coins. As a collector, I would love the toned coin market to collapse. Then I could buy all of them for cheap. I have no intention of selling my collection unless an unforeseen financial situation forces me to sell.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 525077, member: 15309"]I agree with Categories 2 & 3. Regarding category 1, what will happen first? The collapse of the toned coin market or the people that predict the collapse admit they are wrong. I don't mean any offense, but people have been predicting the collapse of the toned coin market for about 10 years now. Every year they make the same prediction and it simply doesn't happen. I have tried numerous times to explain why it will not happen yet my logic and reasons seem to go unnoticed. Collectors have always paid a premium for toning and this will continue. The size of the premium is related to the quality of the toning and it's effect on eye appeal as well as the price of the same issue devoid of toning. The lower the price, the higher the premium. And this may be semantics but you said there will be a lot of disappointed collectors. In my eyes, collectors rarely consider the resale value of the coins they purchase. They may consider it if they are over invested in coins, but for the most part, that is an area that affects mainly investors in rare coins. As a collector, I would love the toned coin market to collapse. Then I could buy all of them for cheap. I have no intention of selling my collection unless an unforeseen financial situation forces me to sell.[/QUOTE]
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