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<p>[QUOTE="oval_man, post: 983362, member: 22602"]This is a very interesting post to me because I have an interest in older coins (type). Your thought that their prices are already established is provocative but I'm not sure I agree. I've been following PCGS's price changes for the last year or so on a handful of issues: 2 cent, 3 cent N, Shield, V., Morgan, Peace. What amazes me is that 5 year prices fluctuate anywhere from down 100% to up 100%. Some issues get hot, some get cold. The trend I've seen over the last few years seems to be in favor of rare dates, overmarks, etc. (no surprise there), but otherwise there seems to be little logic to the fluctuations. For example, the 1882 3 cent Nickel (rare date) in MS66 is up 53% compared to 5 yrs ago. Rare date, no real surprise. But the common-date 1881 is about flat over the same period, whereas the common-date 1869 is <i>down</i> 47%. Proofs in many issues also seem to have taken a big hit over 3-5 years. None of this suggests a lot of stability.</p><p><br /></p><p>Since I'm (slowly) working on a type set, I've been looking for dates that are down in value, figuring they have more upside potential, although they rarely seem to come to market.</p><p><br /></p><p>I'd welcome any more thoughts on this subject. I've come across a few "predict the market" or "predict the future of coin collecting" threads here but nothing very specific; if there is, please point me in the right direction. -Oval[/QUOTE]</p><p><br /></p>
[QUOTE="oval_man, post: 983362, member: 22602"]This is a very interesting post to me because I have an interest in older coins (type). Your thought that their prices are already established is provocative but I'm not sure I agree. I've been following PCGS's price changes for the last year or so on a handful of issues: 2 cent, 3 cent N, Shield, V., Morgan, Peace. What amazes me is that 5 year prices fluctuate anywhere from down 100% to up 100%. Some issues get hot, some get cold. The trend I've seen over the last few years seems to be in favor of rare dates, overmarks, etc. (no surprise there), but otherwise there seems to be little logic to the fluctuations. For example, the 1882 3 cent Nickel (rare date) in MS66 is up 53% compared to 5 yrs ago. Rare date, no real surprise. But the common-date 1881 is about flat over the same period, whereas the common-date 1869 is [I]down[/I] 47%. Proofs in many issues also seem to have taken a big hit over 3-5 years. None of this suggests a lot of stability. Since I'm (slowly) working on a type set, I've been looking for dates that are down in value, figuring they have more upside potential, although they rarely seem to come to market. I'd welcome any more thoughts on this subject. I've come across a few "predict the market" or "predict the future of coin collecting" threads here but nothing very specific; if there is, please point me in the right direction. -Oval[/QUOTE]
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