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<p>[QUOTE=&quot;900fine, post: 498242, member: 6036&quot;]<b>I think one should look much, much further.</b> You cited 4 coins in your example, all of the same type. To proclaim worldwide doom one needs a broader sample size.</p><p>&nbsp;</p><p>The recent Heritage auction brought in $52 million. Hmmmm.</p><p>&nbsp;</p><p>I examined many hundreds of those lots in hand (maybe even a thousand or more). I boiled that down to about 150 I watched more closely, and 20 or so very intently.</p><p>&nbsp;</p><p><b>Strong coins brought strong money.</b></p><p>&nbsp;</p><p>Here&#039;s one that sold for <b>50% more</b> than any previous HA auction record for this issue / variety :</p><p>&nbsp;</p><p><a href="http://coins.ha.com/common/view_item.php?Sale_No=1121&amp;Lot_No=274" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/common/view_item.php?Sale_No=1121&amp;Lot_No=274" rel="nofollow">http://coins.ha.com/common/view_item.php?Sale_No=1121&amp;Lot_No=274</a></p><p>&nbsp;</p><p>Trust me, I wish the market had crashed on that one ! It&#039;s a luster boomer if there ever was one.</p><p>&nbsp;</p><p>Please remember that on rare coins like the few you cited, individual sale prices swing wildly based on quality. They aren&#039;t commodities. For valuable high-end, people really do &quot;buy the coin, not the slab&quot;.</p><p>&nbsp;</p><p>Are the specific coins you mentioned low-end for the grade ? I don&#039;t know.</p><p>&nbsp;</p><p>I do know this... if anyone thinks they&#039;re getting crazy-great deals because you think the entire world is falling apart, post up your new acquisitions. It&#039;s possible a low price is due to lower quality than you think.</p><p>&nbsp;</p><p>Let&#039;s see &#039;em.[/QUOTE]</p><p><br /></p>

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