Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Cac.
>
Reply to Thread
Message:
<p>[QUOTE="Bonedigger, post: 330909, member: 4367"]My whole (historical) gripe is the new (like the Doctor I mentioned in an earlier post) rich, clueless, new collector who has the deep pockets to drive coins to astronomical prices. In the magazine COINage the trend for coins has been tracked every month and it's nearly always green. I'd love to see the overall percentage increase of coin sale prices over the past 30 or so years, yes I know PCGS has a graph and shows a more than 6,000% increase since 1970, but I'm interested in only certain coins or types. But, when one goes the rest will eventually follow...</p><p><br /></p><p>I can pretty much guarantee this incredible upward spike came with the advent of the internet which opened doors like no other magazine special or telemarketing scheme. With all this cash trading hands there are naturally going to be "services" spring up and I've got to be honest I suspect the altruistic intentions of these service providers began to change (soon after their inception and cash volume went thru the roof) from providing a reliable trustworthy service to lining their own pockets and figuering out new ways to generate more remunerable returns.</p><p><br /></p><p>Mark, I'm impressed with some of your posts here and I have no doubt you're vastly more versed in the (Big Picture) coin market than I am. One which really caught my attention was you advising a member that the costs associated with having their dime graded outweighed the final value of such a graded item, Well Done :thumb: But, like anyplace where the public mingle, opinions are going to differ and everyone is entitled to their own...</p><p><br /></p><p>Take Care</p><p>Ben[/QUOTE]</p><p><br /></p>
[QUOTE="Bonedigger, post: 330909, member: 4367"]My whole (historical) gripe is the new (like the Doctor I mentioned in an earlier post) rich, clueless, new collector who has the deep pockets to drive coins to astronomical prices. In the magazine COINage the trend for coins has been tracked every month and it's nearly always green. I'd love to see the overall percentage increase of coin sale prices over the past 30 or so years, yes I know PCGS has a graph and shows a more than 6,000% increase since 1970, but I'm interested in only certain coins or types. But, when one goes the rest will eventually follow... I can pretty much guarantee this incredible upward spike came with the advent of the internet which opened doors like no other magazine special or telemarketing scheme. With all this cash trading hands there are naturally going to be "services" spring up and I've got to be honest I suspect the altruistic intentions of these service providers began to change (soon after their inception and cash volume went thru the roof) from providing a reliable trustworthy service to lining their own pockets and figuering out new ways to generate more remunerable returns. Mark, I'm impressed with some of your posts here and I have no doubt you're vastly more versed in the (Big Picture) coin market than I am. One which really caught my attention was you advising a member that the costs associated with having their dime graded outweighed the final value of such a graded item, Well Done :thumb: But, like anyplace where the public mingle, opinions are going to differ and everyone is entitled to their own... Take Care Ben[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Cac.
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...