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<p>[QUOTE="Morgan1878, post: 727247, member: 17869"]Most collectibles (art, cars, antiques) are trading at the low end of their valuations. This has happened before when the economy has gone into recession. Collectible coins are no different.</p><p><br /></p><p>At this point, it's a buyer's market for coins. Like a cheap stock market, the best time to buy is "when the blood is running in the streets". Psychologically, it's hard to do this, since many buyers fear that if they buy, the market for collectible coins may go down further. </p><p><br /></p><p>If you're a "flipper" (short-term trader) it's far more difficult to make money in this type of market. If you're an investor (long-term outlook) your holdings will likely increase in value.</p><p><br /></p><p>The market for collectibles generally follows the business cycle. Prices get frothy and expensive when the economy peaks and lowest after all of the sellers have been washed out and buying is dull and listless.</p><p><br /></p><p>My neighbor who regularly attends coin shows says that much of the activity is in bullion related selling since prices are still on an upswing.</p><p><br /></p><p>Since I don't regularly attend coin shows, does anyone else have an opinion on what's moving and not moving at these shows?[/QUOTE]</p><p><br /></p>
[QUOTE="Morgan1878, post: 727247, member: 17869"]Most collectibles (art, cars, antiques) are trading at the low end of their valuations. This has happened before when the economy has gone into recession. Collectible coins are no different. At this point, it's a buyer's market for coins. Like a cheap stock market, the best time to buy is "when the blood is running in the streets". Psychologically, it's hard to do this, since many buyers fear that if they buy, the market for collectible coins may go down further. If you're a "flipper" (short-term trader) it's far more difficult to make money in this type of market. If you're an investor (long-term outlook) your holdings will likely increase in value. The market for collectibles generally follows the business cycle. Prices get frothy and expensive when the economy peaks and lowest after all of the sellers have been washed out and buying is dull and listless. My neighbor who regularly attends coin shows says that much of the activity is in bullion related selling since prices are still on an upswing. Since I don't regularly attend coin shows, does anyone else have an opinion on what's moving and not moving at these shows?[/QUOTE]
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