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<p>[QUOTE="Just Carl, post: 336347, member: 4552"]I've been coin collecting for well over 60 years now. I've seen good times and bad times with the economy. So far I just can not remember coin prices dropping down. I've seen them level off, seen coin shows deminish, coin stores start to carry other products or go out of buisness, but so far just can not remember coin prices dropping. Right now we are in a fantastic coin collecting boom and it just has to slow down eventually but the prices of coins will either stabilize or continue to climb. Unless every coin collector suddenly looses thier jobs, goes broke, etc, coin prices seldom are involved. I suspect the reason is that the greatest amount of REAL coin collectors are fairly well off individuals, have secure jobs, saved for a rainy day, etc. Naturally there are many, many, many collectors of normal means and those just do not effect the market for the more collectable coins. If times get bad the amount of people collecting those baby dollars, State Quarters, recent cents and nickes will deminish but coins such as the Mercury Dime, Shield Nickels, or Morgan Dollars will continue thier values. </p><p>Possibly if times get bad there will for sure be a drop in the massive amount of books, magazines, booklets, pamphlets on coins that are now overkilling, flooding the market, but coin prices should not be effected. Haven't that I noticed since the 40's.[/QUOTE]</p><p><br /></p>
[QUOTE="Just Carl, post: 336347, member: 4552"]I've been coin collecting for well over 60 years now. I've seen good times and bad times with the economy. So far I just can not remember coin prices dropping down. I've seen them level off, seen coin shows deminish, coin stores start to carry other products or go out of buisness, but so far just can not remember coin prices dropping. Right now we are in a fantastic coin collecting boom and it just has to slow down eventually but the prices of coins will either stabilize or continue to climb. Unless every coin collector suddenly looses thier jobs, goes broke, etc, coin prices seldom are involved. I suspect the reason is that the greatest amount of REAL coin collectors are fairly well off individuals, have secure jobs, saved for a rainy day, etc. Naturally there are many, many, many collectors of normal means and those just do not effect the market for the more collectable coins. If times get bad the amount of people collecting those baby dollars, State Quarters, recent cents and nickes will deminish but coins such as the Mercury Dime, Shield Nickels, or Morgan Dollars will continue thier values. Possibly if times get bad there will for sure be a drop in the massive amount of books, magazines, booklets, pamphlets on coins that are now overkilling, flooding the market, but coin prices should not be effected. Haven't that I noticed since the 40's.[/QUOTE]
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