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<p>[QUOTE=&quot;medoraman, post: 1384254, member: 26302&quot;]After agreeing with Doug&#039;s post, I would also add inflation does not cause bull markets in numismatic items. Now, high PM prices can have an effect, but not always directly. During a run up, I see a lot of &quot;commodity&quot; coins, like proof sets and problem coins, getting dumped to raise capital to purchase more PM. However, once the PM run up has happened, I tend to see better coins get bid up by some newly flush dealers. </p><p><br /></p><p>Saying all of this, bottom line you always have to remember the collector. With all of the wheeling and dealing, in the end a coin is only worth more than melt or spending money to a collector who desires it. If the inflation is just general price inflation, I could see coin prices going up. However, ir high inflation is coupled with high unemployment, that will drop demand and could cause prices to decline due to former collectors selling coins to live.</p><p><br /></p><p>Like I lot of things in life, it depends. I have seen both types of higher inflation scenarios play out. This is for &quot;normal&quot; coins. The 6 figure coins really don&#039;t have any correlation to unemployment, but would correlate to stock market and bond returns, or lack thereof.</p><p><br /></p><p>Just a couple of opinions.</p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>

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