Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
give roosevelts some respect
>
Reply to Thread
Message:
<p>[QUOTE="Vess1, post: 937301, member: 13650"]I hate to say it but something like that with that kind of premium, I think is a risky buy in this economic climate. tmoney just showed you at least a 50% loss on a real nice one, that many, many more people could have potentially bid on compared to this one.</p><p><br /></p><p> It has the label and the credentials. I'll give you that. But it looks like wild speculation for the sake of two people's registries to me.</p><p><br /></p><p> I tend to worry a bit about the toned coin market. I always wonder just how solid the foundation is under it. Always wondering if some news will break that will cause the market to drop like a rock over night and never recover.</p><p> For example, a former TPG grader does an interview and exclaims how poorly/unable they really are to be able to weed out AT'd coins. We know right now that people are attempting to or have achieved AT processes that get some coins slabbed. Now that it's pretty much become a business of AT'ing common stuff, I think the future is shaky. Especially all the modern toned stuff. Its just not normal. There's no reason for a dime to look like that. </p><p><br /></p><p> Bag toning, album toning, something plain, I could understand. I can't help but wonder how these toning sellers on ebay have a never ending supply of high dollar, brightly colored coins of all denominations. Since it's in a slab, people will bid a dime up to $1,700 that probalby wouldn't sell for $300 loose. Again, i have to say it's risky.[/QUOTE]</p><p><br /></p>
[QUOTE="Vess1, post: 937301, member: 13650"]I hate to say it but something like that with that kind of premium, I think is a risky buy in this economic climate. tmoney just showed you at least a 50% loss on a real nice one, that many, many more people could have potentially bid on compared to this one. It has the label and the credentials. I'll give you that. But it looks like wild speculation for the sake of two people's registries to me. I tend to worry a bit about the toned coin market. I always wonder just how solid the foundation is under it. Always wondering if some news will break that will cause the market to drop like a rock over night and never recover. For example, a former TPG grader does an interview and exclaims how poorly/unable they really are to be able to weed out AT'd coins. We know right now that people are attempting to or have achieved AT processes that get some coins slabbed. Now that it's pretty much become a business of AT'ing common stuff, I think the future is shaky. Especially all the modern toned stuff. Its just not normal. There's no reason for a dime to look like that. Bag toning, album toning, something plain, I could understand. I can't help but wonder how these toning sellers on ebay have a never ending supply of high dollar, brightly colored coins of all denominations. Since it's in a slab, people will bid a dime up to $1,700 that probalby wouldn't sell for $300 loose. Again, i have to say it's risky.[/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
>
give roosevelts some respect
>
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...