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<p>[QUOTE="davidh, post: 478418, member: 15062"]I noticed disturbing trends at a local coin show this morning. </p><blockquote><p>1. I know that prices aren't necessarily stable, but it seems that prices have nearly jumped a grade. AU stuff is selling at MS prices. Fine items are priced at XF prices, and even some lower grade things show the same jump.</p><p>2. There's been a similar jump in grading. Coins with no rims graded G or VG, Coins with obvious wear graded BU, items with mottos worn away graded EF, some coins with missing (worn) lettering graded AU, etc.</p><p>2. A lot of, if not most, BU/MS items show a lot of damage, i.e., MS-63 and 64 items have enough dings and scratches to make them more realistically a MS-60 or 61, at best.</p><p>3. True high-grade MS Shield Nickels, Liberty Nickels and SLQs are selling at almost double Red Book.</p><p>4. Lower grade Barber dimes, quarters and halves are plentiful and reasonably priced but there are no true AU+ or BU examples available.</p><p>5. The ratio of modern post-1964 coins vs pre-1965 available is nearly 50-50. Dealers are buying so much of the new stuff that I don't see how they can possibly sell it all. None of it, IMHO, is worth anything over face.</p><p>6. Many dealers claim that they have "better" stuff back at the shop or store. Why would they bring junk to a show and leave desirable items at home?</p></blockquote><p><br /></p><p>Maybe this is a local thing but there were about 20 dealers here from about a 60 mile radius and all had the same products. This was in the Pittsburgh area and the dealers were from PA, OH and WV.</p><p><br /></p><p>I have passed on several apparent good buys on ebay in the past month while waiting for this show but it's looking like I could have done a lot better on ebay. If the trends I noticed are accurate then I think that ebay can fill my needs a lot better than the local sellers.[/QUOTE]</p><p><br /></p>
[QUOTE="davidh, post: 478418, member: 15062"]I noticed disturbing trends at a local coin show this morning. [INDENT]1. I know that prices aren't necessarily stable, but it seems that prices have nearly jumped a grade. AU stuff is selling at MS prices. Fine items are priced at XF prices, and even some lower grade things show the same jump. 2. There's been a similar jump in grading. Coins with no rims graded G or VG, Coins with obvious wear graded BU, items with mottos worn away graded EF, some coins with missing (worn) lettering graded AU, etc. 2. A lot of, if not most, BU/MS items show a lot of damage, i.e., MS-63 and 64 items have enough dings and scratches to make them more realistically a MS-60 or 61, at best. 3. True high-grade MS Shield Nickels, Liberty Nickels and SLQs are selling at almost double Red Book. 4. Lower grade Barber dimes, quarters and halves are plentiful and reasonably priced but there are no true AU+ or BU examples available. 5. The ratio of modern post-1964 coins vs pre-1965 available is nearly 50-50. Dealers are buying so much of the new stuff that I don't see how they can possibly sell it all. None of it, IMHO, is worth anything over face. 6. Many dealers claim that they have "better" stuff back at the shop or store. Why would they bring junk to a show and leave desirable items at home?[/INDENT] Maybe this is a local thing but there were about 20 dealers here from about a 60 mile radius and all had the same products. This was in the Pittsburgh area and the dealers were from PA, OH and WV. I have passed on several apparent good buys on ebay in the past month while waiting for this show but it's looking like I could have done a lot better on ebay. If the trends I noticed are accurate then I think that ebay can fill my needs a lot better than the local sellers.[/QUOTE]
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