Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Expensive Modern Coins from "R and I"
>
Reply to Thread
Message:
<p>[QUOTE="cladking, post: 1398382, member: 68"]My personal opinion is the BU coins are almost sure winners if you get truly high grade coins. Of course this presupposes you don't just get the few dates that are common in high grade. Collectors will probably continue to see spectacular gains and these will actually improve in time as these markets become mass markets rather than specialty niches. I've been almost alone in this belief for decades but then I am getting some spectacular gains for the last ten years as well. </p><p><br /></p><p>The proof market in which R and I concentrates is even more a niche market than the BU's. There are more pitfalls. Largely these markets are smaller leaving a smaller market when you sell. The grading spread in proofs is much narrower meaning these will always be a market that exists at the whim of collectors. It's not that they will go out of styles because they are highly distinctive cameos and will always attract some specialized demand but the supply is tiny meaning they can never become a mass market. </p><p><br /></p><p>I believe these are ideal for collectors and collectors will do very well financially if they stick to good high quality dealers like R and I. However this is a market that is likely to be murder on speculators. Most limited demand very tight markets can be murder on speculators because they shop price lists and deals and never end up with the best or rarest coins. They never "stretch" to buy a coin because they don't have it in their collection. </p><p><br /></p><p>R and I is a solid company with a solid reputation for good checks and selling quality coins. Don't expect that they'll buy a coin back at any given price just because you bought it from them. Shop around for the best quality and value and don't try to invest in these coins and I believe you'll find this company gets a lot of your business.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 1398382, member: 68"]My personal opinion is the BU coins are almost sure winners if you get truly high grade coins. Of course this presupposes you don't just get the few dates that are common in high grade. Collectors will probably continue to see spectacular gains and these will actually improve in time as these markets become mass markets rather than specialty niches. I've been almost alone in this belief for decades but then I am getting some spectacular gains for the last ten years as well. The proof market in which R and I concentrates is even more a niche market than the BU's. There are more pitfalls. Largely these markets are smaller leaving a smaller market when you sell. The grading spread in proofs is much narrower meaning these will always be a market that exists at the whim of collectors. It's not that they will go out of styles because they are highly distinctive cameos and will always attract some specialized demand but the supply is tiny meaning they can never become a mass market. I believe these are ideal for collectors and collectors will do very well financially if they stick to good high quality dealers like R and I. However this is a market that is likely to be murder on speculators. Most limited demand very tight markets can be murder on speculators because they shop price lists and deals and never end up with the best or rarest coins. They never "stretch" to buy a coin because they don't have it in their collection. R and I is a solid company with a solid reputation for good checks and selling quality coins. Don't expect that they'll buy a coin back at any given price just because you bought it from them. Shop around for the best quality and value and don't try to invest in these coins and I believe you'll find this company gets a lot of your business.[/QUOTE]
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
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Expensive Modern Coins from "R and I"
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...