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<p>[QUOTE="Cloudsweeper99, post: 122010, member: 3011"]I expected this to happen eventually, which is why I began collecting again a couple of years ago, particularly silver. The prices of gold and silver coins are up a lot at the places I usually shop. I've only made on purchase this year during the first week of January. The only things I collect that are not silver or gold are a few Hard Times Tokens, Civil War Tokens, and Canadian Bank Tokens. The attraction there is to be able to obtain a 140+ year old coin with historical significance and great details for under $20 and under $10 for the Canadians. Maybe I'll go back to that for awhile.</p><p><br /></p><p>The possibility that is probably unexpected in the numismatic community is that silver and gold may be establishing themselves at a permanantly higher level. This has happened before in the 1970s when silver rose from $2 and gold rose from $42. It eventually soared and then crashed, but never returned to $2. It is possible that silver will never return to under $9-$10 or gold to under $500, and we'll all have to adjust our thinking or stop collecting.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 122010, member: 3011"]I expected this to happen eventually, which is why I began collecting again a couple of years ago, particularly silver. The prices of gold and silver coins are up a lot at the places I usually shop. I've only made on purchase this year during the first week of January. The only things I collect that are not silver or gold are a few Hard Times Tokens, Civil War Tokens, and Canadian Bank Tokens. The attraction there is to be able to obtain a 140+ year old coin with historical significance and great details for under $20 and under $10 for the Canadians. Maybe I'll go back to that for awhile. The possibility that is probably unexpected in the numismatic community is that silver and gold may be establishing themselves at a permanantly higher level. This has happened before in the 1970s when silver rose from $2 and gold rose from $42. It eventually soared and then crashed, but never returned to $2. It is possible that silver will never return to under $9-$10 or gold to under $500, and we'll all have to adjust our thinking or stop collecting.[/QUOTE]
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