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Graded coins - when will the market crash?
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<p>[QUOTE="Pocket Change, post: 266842, member: 8012"]Rages are hard to predict! At SOME point, things will at least calm down. As ConGal said, it depends on disposable income. do people have dinaros to spend on coins at the end of the month? And if things are going really well, do they have mucho dinaro to buy MS-68 examples - by the way, I would avoid MS-70 examples at all cost unless you have a financial advisor who knows what they're all about and NOT.</p><p><br /></p><p>The market will "calm down" or go down at some point. Prices probably won't drop much, but it'll be harder to sell the coins. That's the typical problem with collectibles. Oh sure, catalog value is $100 - well, good luck finding anyone who wants one at a $100 or even someone who wants one at any price. so it's more of a supply and DEMAND thing.</p><p><br /></p><p>Funny thing is, I'm guessing coins will be a "better" investment than they were in years past. In past years, it was still a collector's market - now that has all changed. The Internet, etc. But with each wave of "investor frenzy", a few of those people stick around and it adds to the pool of coin collectors (and investors).</p><p><br /></p><p>So the general outlook is good (at least that's what my Ouiji board says right now). There will be some hiccups and maybe a period of nothing, but if you're not in a hurry, it'll probably be ok.[/QUOTE]</p><p><br /></p>
[QUOTE="Pocket Change, post: 266842, member: 8012"]Rages are hard to predict! At SOME point, things will at least calm down. As ConGal said, it depends on disposable income. do people have dinaros to spend on coins at the end of the month? And if things are going really well, do they have mucho dinaro to buy MS-68 examples - by the way, I would avoid MS-70 examples at all cost unless you have a financial advisor who knows what they're all about and NOT. The market will "calm down" or go down at some point. Prices probably won't drop much, but it'll be harder to sell the coins. That's the typical problem with collectibles. Oh sure, catalog value is $100 - well, good luck finding anyone who wants one at a $100 or even someone who wants one at any price. so it's more of a supply and DEMAND thing. Funny thing is, I'm guessing coins will be a "better" investment than they were in years past. In past years, it was still a collector's market - now that has all changed. The Internet, etc. But with each wave of "investor frenzy", a few of those people stick around and it adds to the pool of coin collectors (and investors). So the general outlook is good (at least that's what my Ouiji board says right now). There will be some hiccups and maybe a period of nothing, but if you're not in a hurry, it'll probably be ok.[/QUOTE]
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