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<p>[QUOTE=&quot;GDJMSP, post: 2509192, member: 112&quot;]Well I guess that depends on what you call recent memory and precipitous decline. I posted graphs for the last 3 yrs, 10 yrs, and 46 yrs. And that&#039;s as far back as those records go. </p><p><br /></p><p>As you should be able to see from those graphs the values of US coins as a whole has been dropping steadily for the last 10 years. It is now down to what it was in 2006.</p><p><br /></p><p>And although those graphs don&#039;t show it, back around 1989, a great many coins lost 90% of their value. 90%, can you get more precipitous than that ? At it&#039;s peak common date Morgans were selling for $1500. When the market finally bottomed out those same coins were selling for $150. </p><p><br /></p><p>After the bull market of 2001-2008, a great many coins lost 50-60% of their value in less than 6 months. And they are still going down in the bear market that followed 2008. And still showing no signs of slowing down.</p><p><br /></p><p>And yes, those percentages are real world numbers that can easily be confirmed by auction records.[/QUOTE]</p><p><br /></p>

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