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<p>[QUOTE="GDJMSP, post: 2800286, member: 112"]OK, but the link you provided only shows the record for one coin in various grades. And you can find all sorts of things by looking at 1 coin. Can ya find some that have done well ? Yes, of course. But you can also find some that have not done well.</p><p><br /></p><p>As for this -</p><p><br /></p><p><br /></p><p><br /></p><p>Is that really true ? This is what I mean - instead of looking at one coin I think you need to look at the market as a whole to find the real answer, the true answer as to whether or not collectors have been hurt, or just the speculators have been hurt. So let's do that, and use info provided by PCGS just like you did.</p><p><br /></p><p>This is the market as a whole since they began tracking it.</p><p><br /></p><p><img src="http://www.pcgs.com/PCGSMedia/graphs/indexallgraph.gif" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p><br /></p><p>As a whole, the market is now the lowest it has been since 2003. That makes it kinda hard to say that collectors have not been hurt for if you bought coins after 2003 then you are losing money on them.</p><p><br /></p><p>Let's also take a look at the Morgan and Peace dollar market as a whole. This is since they began tracking it.</p><p><br /></p><p><img src="http://www.pcgs.com/PCGSMedia/graphs/mpeaceallgraph.gif" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p><br /></p><p>The Morgan and Peace dollar market is now lower than it has been since the last bull market started in 2001. The last time it was this low was in the late 90's. So if you've bought Morgans or Peace dollars since '98 - you've lost money. On paper anyway. And that's almost 20 years, certainly not what I would refer to as short term.</p><p><br /></p><p>And this is the last 10 years for the Morgan and Peace dollar index.</p><p><br /></p><p><img src="http://www.pcgs.com/PCGSMedia/graphs/mpeace10graph.gif" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p><br /></p><p>Looking at those PCGS graphs kinda paints a different picture. I think it would be impossible to say that collectors have not been hurt.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 2800286, member: 112"]OK, but the link you provided only shows the record for one coin in various grades. And you can find all sorts of things by looking at 1 coin. Can ya find some that have done well ? Yes, of course. But you can also find some that have not done well. As for this - Is that really true ? This is what I mean - instead of looking at one coin I think you need to look at the market as a whole to find the real answer, the true answer as to whether or not collectors have been hurt, or just the speculators have been hurt. So let's do that, and use info provided by PCGS just like you did. This is the market as a whole since they began tracking it. [IMG]http://www.pcgs.com/PCGSMedia/graphs/indexallgraph.gif[/IMG] As a whole, the market is now the lowest it has been since 2003. That makes it kinda hard to say that collectors have not been hurt for if you bought coins after 2003 then you are losing money on them. Let's also take a look at the Morgan and Peace dollar market as a whole. This is since they began tracking it. [IMG]http://www.pcgs.com/PCGSMedia/graphs/mpeaceallgraph.gif[/IMG] The Morgan and Peace dollar market is now lower than it has been since the last bull market started in 2001. The last time it was this low was in the late 90's. So if you've bought Morgans or Peace dollars since '98 - you've lost money. On paper anyway. And that's almost 20 years, certainly not what I would refer to as short term. And this is the last 10 years for the Morgan and Peace dollar index. [IMG]http://www.pcgs.com/PCGSMedia/graphs/mpeace10graph.gif[/IMG] Looking at those PCGS graphs kinda paints a different picture. I think it would be impossible to say that collectors have not been hurt.[/QUOTE]
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