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<p>[QUOTE="Coinman1981, post: 1010808, member: 20610"]I believe that any downward tick in rare coin prices is tied to the economy. If you've got only $1,000 in your pocket right now with no safety net, what are you going to spend your money on? A 1909-S VDB cent or groceries and the mortgage? </p><p><br /></p><p>I'm very lucky I've been able to purchase a few pieces I have always wanted (1909-S VDB, 1922 Plain cent, and a nice Draped Bust dollar) because prices for those have flatlined. However, I KNOW once the economy recovers their values will be going up -- and I'll be glad I purchased these coins when I did. </p><p><br /></p><p>I, however, don't buy my coins for investing. While it's nice to know what I own may increase in value, I don't foresee ever selling those three coins I mentioned above. I think many of us here straddle between being collectors and collector/investors. What's great about being in the latter column is that even if the value of what we own deflates, we still enjoy the inherent numismatic quality of our collections. And that's really what this is all about in the end anyway, right? :yes:[/QUOTE]</p><p><br /></p>
[QUOTE="Coinman1981, post: 1010808, member: 20610"]I believe that any downward tick in rare coin prices is tied to the economy. If you've got only $1,000 in your pocket right now with no safety net, what are you going to spend your money on? A 1909-S VDB cent or groceries and the mortgage? I'm very lucky I've been able to purchase a few pieces I have always wanted (1909-S VDB, 1922 Plain cent, and a nice Draped Bust dollar) because prices for those have flatlined. However, I KNOW once the economy recovers their values will be going up -- and I'll be glad I purchased these coins when I did. I, however, don't buy my coins for investing. While it's nice to know what I own may increase in value, I don't foresee ever selling those three coins I mentioned above. I think many of us here straddle between being collectors and collector/investors. What's great about being in the latter column is that even if the value of what we own deflates, we still enjoy the inherent numismatic quality of our collections. And that's really what this is all about in the end anyway, right? :yes:[/QUOTE]
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