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Buying coins with the market in a downward Spiral
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<p>[QUOTE="V. Kurt Bellman, post: 2932334, member: 71723"]...and THAT is the part of the hobby that nearly HAS died, for better or worse. And this inevitably results in a huge oversupply in the market of well circulated coins, which in turn lowers their market value. The value to grade slope goes ever higher.</p><p><br /></p><p>All you have to know to see what's going on is look at the rapidly declining prices of 1950-D nickels, which are almost unheard of in anything below AU, because nearly ALL of them were hoarded and they're now flooding the market.[/QUOTE]</p><p><br /></p>
[QUOTE="V. Kurt Bellman, post: 2932334, member: 71723"]...and THAT is the part of the hobby that nearly HAS died, for better or worse. And this inevitably results in a huge oversupply in the market of well circulated coins, which in turn lowers their market value. The value to grade slope goes ever higher. All you have to know to see what's going on is look at the rapidly declining prices of 1950-D nickels, which are almost unheard of in anything below AU, because nearly ALL of them were hoarded and they're now flooding the market.[/QUOTE]
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