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<p>[QUOTE="SteveG, post: 336099, member: 12509"]Hi Folks,</p><p>In my few years as a collector, all I've seen is rising values in coins. What happens in a very bad economy (recession) though? Does the collecable premium of a coin evaporate? <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie5" alt=":confused:" unselectable="on" unselectable="on" /></p><p> </p><p>I know bullion value coins will always be worth melt. But I'm concerned about my coins that bring a premium. My heart says keep the coins through thick and thin. My wallet is telling my heart that maybe some should be sold off now, if the premium is going to evaporate. :secret:</p><p> </p><p>And then of course, some are predicting a total collapse. In which case even a premium Silver coin that brings only melt would be worth more then an armored car full of currency. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie3" alt=":(" unselectable="on" unselectable="on" /></p><p> </p><p>One dealer, whom I don't know real well yet was saying he's selling coins like there's no tomorrow. He said everyone (that comes to his shop and shows) is exchanging cash for collectable coins. Eek. Sounds risky to me.[/QUOTE]</p><p><br /></p>
[QUOTE="SteveG, post: 336099, member: 12509"]Hi Folks, In my few years as a collector, all I've seen is rising values in coins. What happens in a very bad economy (recession) though? Does the collecable premium of a coin evaporate? :confused: I know bullion value coins will always be worth melt. But I'm concerned about my coins that bring a premium. My heart says keep the coins through thick and thin. My wallet is telling my heart that maybe some should be sold off now, if the premium is going to evaporate. :secret: And then of course, some are predicting a total collapse. In which case even a premium Silver coin that brings only melt would be worth more then an armored car full of currency. :( One dealer, whom I don't know real well yet was saying he's selling coins like there's no tomorrow. He said everyone (that comes to his shop and shows) is exchanging cash for collectable coins. Eek. Sounds risky to me.[/QUOTE]
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