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Conundrum — Low Bidder Remorse VS You paid WHAT!! for that.
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<p>[QUOTE="GoldFinger1969, post: 4292348, member: 73489"]I just know the basic most popular U.S. coin types -- and they've been heading lower. The bullion coins -- Saints and Morgans -- tend to get ahead of themselves every time gold and silver move up, then they stagnate, and then it's a longer decline.</p><p><br /></p><p><b>It's funny -- it's almost the opposite of the stock market where the market takes a while to run up but goes down much much quicker.</b> With gold and silver coins, they move UP quick but it's a long exasperating decline on the downside.</p><p><br /></p><p>As for other coins without bullion features -- Barbers, Franklins, Liberty's, etc. -- I can't speak to them but generally, except I know that they are generally lower today, esp. the Franklins (from reading some really emotional angst over on the CU boards). What moved them up years ago -- since they're not tied to bullion, maybe they just followed a spurt up in the PCGS 3000 or the bullion-tied coins -- I don't know. But I believe many are down 30-60% in the last 5-7 years.[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 4292348, member: 73489"]I just know the basic most popular U.S. coin types -- and they've been heading lower. The bullion coins -- Saints and Morgans -- tend to get ahead of themselves every time gold and silver move up, then they stagnate, and then it's a longer decline. [B]It's funny -- it's almost the opposite of the stock market where the market takes a while to run up but goes down much much quicker.[/B] With gold and silver coins, they move UP quick but it's a long exasperating decline on the downside. As for other coins without bullion features -- Barbers, Franklins, Liberty's, etc. -- I can't speak to them but generally, except I know that they are generally lower today, esp. the Franklins (from reading some really emotional angst over on the CU boards). What moved them up years ago -- since they're not tied to bullion, maybe they just followed a spurt up in the PCGS 3000 or the bullion-tied coins -- I don't know. But I believe many are down 30-60% in the last 5-7 years.[/QUOTE]
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