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<p>[QUOTE="Vess1, post: 727941, member: 13650"]So what is the casual reader supposed to get from this thread? When does everyone here feel it's safe to go back to a coin show? Ever again?</p><p><br /></p><p> If these charts are the holy grail than everything should already be much lower than last year. (Although I couldn't list anything I've seen as a meaningful comparison.) If PCGS' charts start moving back upward again, you won't want to buy then either because now prices are going up! So when is it safe to buy?!</p><p><br /></p><p> It's too much crap to worry about. I collect what I want and can afford. I'm not buying 10s of thousands of dollars worth of stuff, which would be far more room for movement than the average collector on this board would have to worry about. We've proven that investing huge amounts in coins is risky if you're worried about it. </p><p><br /></p><p> Though you would think we're much nearer to a low point right now than we are near the high point of 89. What do you guys realistically expect to happen? Should we wait to buy a MS65 Morgan until the numismatic premiums have dropped to slightly above melt?! $150 is a total rip off now? I don't own any MS65s but I'm just curious? Should we wait for $50?? $40?? At some point you hit rock bottom and people aren't just going to give stuff away.</p><p><br /></p><p> The biggest concern I see is the possibility of unknown hoards being found that dump new examples into what once were rare or scarce markets. Which happens from time to time.[/QUOTE]</p><p><br /></p>
[QUOTE="Vess1, post: 727941, member: 13650"]So what is the casual reader supposed to get from this thread? When does everyone here feel it's safe to go back to a coin show? Ever again? If these charts are the holy grail than everything should already be much lower than last year. (Although I couldn't list anything I've seen as a meaningful comparison.) If PCGS' charts start moving back upward again, you won't want to buy then either because now prices are going up! So when is it safe to buy?! It's too much crap to worry about. I collect what I want and can afford. I'm not buying 10s of thousands of dollars worth of stuff, which would be far more room for movement than the average collector on this board would have to worry about. We've proven that investing huge amounts in coins is risky if you're worried about it. Though you would think we're much nearer to a low point right now than we are near the high point of 89. What do you guys realistically expect to happen? Should we wait to buy a MS65 Morgan until the numismatic premiums have dropped to slightly above melt?! $150 is a total rip off now? I don't own any MS65s but I'm just curious? Should we wait for $50?? $40?? At some point you hit rock bottom and people aren't just going to give stuff away. The biggest concern I see is the possibility of unknown hoards being found that dump new examples into what once were rare or scarce markets. Which happens from time to time.[/QUOTE]
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