Message:

<p>[QUOTE=&quot;kaparthy, post: 656423, member: 57463&quot;]<b>Past prices are irrelevant.</b></p><p><br /></p><p><br /></p><p><br /></p><p>For one thing, the spread between retail and wholesale, between buy and sell.&nbsp; Typically as a collector, you buy retail and sell wholesale.&nbsp; </p><p><br /></p><p>As noted, the coins cited in those surveys are problem-free coins. </p><p><br /></p><p>While the reports have nice, broad headers &quot;Key Date and Rarities&quot; and &quot;Mint State&quot; the fact is that the markets are more granular than that and some series are more popular than others.&nbsp; Demand drives the market.</p><p><br /></p><p>Moreover, all of that is for US Type coins.&nbsp; Nothing is said about the broad range of other numismatic collectibles, such as ancient coins or 19th century railway stock certificates or the Machin&#039;s Mills Tokens of Vermont or a hundred others.&nbsp; Have you ever seen a City View Thaler?&nbsp; </p><ol> <li><a href="http://www.coinarchives.com/1b014f15385f94c1afdb3f284f5ba3b8/img/goldberg/053/image03121.jpg" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.coinarchives.com/1b014f15385f94c1afdb3f284f5ba3b8/img/goldberg/053/image03121.jpg" rel="nofollow">http://www.coinarchives.com/1b014f15385f94c1afdb3f284f5ba3b8/img/goldberg/053/image03121.jpg</a></li> <li><a href="http://www.coinarchives.com/w/lotviewer.php?LotID=711151&amp;AucID=514&amp;Lot=22747" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.coinarchives.com/w/lotviewer.php?LotID=711151&amp;AucID=514&amp;Lot=22747" rel="nofollow">http://www.coinarchives.com/w/lotviewer.php?LotID=711151&amp;AucID=514&amp;Lot=22747</a></li> <li><a href="http://www.coinarchives.com/da646f044a387b446cba0dd7204340d4/img/baldwin/stjames11/image00493.jpg" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.coinarchives.com/da646f044a387b446cba0dd7204340d4/img/baldwin/stjames11/image00493.jpg" rel="nofollow">http://www.coinarchives.com/da646f044a387b446cba0dd7204340d4/img/baldwin/stjames11/image00493.jpg</a></li> </ol><p>Again for a City View Thaler, high-grade rare examples will be better investments than low-grade common examples...&nbsp;&nbsp; (Assuming that you sell retail, at a time when people have money for this, as opposed to being forced to liquidate, etc., etc.)</p><p><br /></p><p>If you look at the phenomenal and famous auction catalogues of the greatest collectors, the prices realized run something less than the man would have earned investing more time and money in his primary business.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in