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<p>[QUOTE="Tom B, post: 886330, member: 11854"]Howdy and welcome. It is quite wise to do as much homework as possible and most folks do not take this step. Currently, any classic US gold has seen substantial gains in the last few years because of the increase in the spot price of gold and also because of an increase in the numismatic premium of such coins. Other than that, most series ride waves of price appreciation and then some period of neglect or relative falling out of favor. Additionally, grade ranges within series can react quite differently within a specific market as can toned vs. white or untoned coinage. Lastly, a segment might appear dead, but in reality this might be due to having too few choice coins available at a given time and the market is reacting to what it perceives to be lower quality on the bourse.[/QUOTE]</p><p><br /></p>
[QUOTE="Tom B, post: 886330, member: 11854"]Howdy and welcome. It is quite wise to do as much homework as possible and most folks do not take this step. Currently, any classic US gold has seen substantial gains in the last few years because of the increase in the spot price of gold and also because of an increase in the numismatic premium of such coins. Other than that, most series ride waves of price appreciation and then some period of neglect or relative falling out of favor. Additionally, grade ranges within series can react quite differently within a specific market as can toned vs. white or untoned coinage. Lastly, a segment might appear dead, but in reality this might be due to having too few choice coins available at a given time and the market is reacting to what it perceives to be lower quality on the bourse.[/QUOTE]
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