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<p>[QUOTE="GDJMSP, post: 927183, member: 112"]There is no doubt at all that the market is down, and has been down for 2 years now. Some segments have shown some rebound, or at least stopped dropping, due to promotions. But that is the dealers doing everything they can to save their livelihood. </p><p><br /></p><p>You have to remember, many dealers bought their stock at or near the market peak. And what they didn't buy at the peak they bought as the market continued downwards. So pretty much everything they have was purchased at more than they can sell it for.</p><p><br /></p><p>So they do promotions. They go out and buy up as much of a given type as they can and run numerous ads and have the sales staff really work their contacts, and work them hard.</p><p><br /></p><p>This buying activity tends to slow down the downward slide. And if they can do enough of it, they can even get the graph to move sideways showing some stability. That brings in more buyers. And that allows to dealers to unload their stock. Probably at a loss still, but at least they are selling off what they have which allows to them to buy new stock at current prices. Then they continue their promotions and hope to make a small profit of some stuff - just to stay in the game.</p><p><br /></p><p>That's the key - to stay in the game. For eventually every retail market stabilizes, and along the way there will be small upturns on some stuff allowing them to make a living.</p><p><br /></p><p>I don't know if anyone has noticed, but some things that have always moved upwards, are no longer moving upwards, but downwards. Take the 1995-W ASE. For over 20 years that coin did nothing but go up in price. At the top, that coin raw was selling for $6000 and up. Recently, even graded examples have sold for as low as $1897.</p><p><br /></p><p>Now that should be an eye opener.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 927183, member: 112"]There is no doubt at all that the market is down, and has been down for 2 years now. Some segments have shown some rebound, or at least stopped dropping, due to promotions. But that is the dealers doing everything they can to save their livelihood. You have to remember, many dealers bought their stock at or near the market peak. And what they didn't buy at the peak they bought as the market continued downwards. So pretty much everything they have was purchased at more than they can sell it for. So they do promotions. They go out and buy up as much of a given type as they can and run numerous ads and have the sales staff really work their contacts, and work them hard. This buying activity tends to slow down the downward slide. And if they can do enough of it, they can even get the graph to move sideways showing some stability. That brings in more buyers. And that allows to dealers to unload their stock. Probably at a loss still, but at least they are selling off what they have which allows to them to buy new stock at current prices. Then they continue their promotions and hope to make a small profit of some stuff - just to stay in the game. That's the key - to stay in the game. For eventually every retail market stabilizes, and along the way there will be small upturns on some stuff allowing them to make a living. I don't know if anyone has noticed, but some things that have always moved upwards, are no longer moving upwards, but downwards. Take the 1995-W ASE. For over 20 years that coin did nothing but go up in price. At the top, that coin raw was selling for $6000 and up. Recently, even graded examples have sold for as low as $1897. Now that should be an eye opener.[/QUOTE]
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