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I just heard '09 dime and nickel production is done for the year.
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<p>[QUOTE="coins123, post: 625878, member: 19315"]I read most of this long thread. Crazy! A fool and his money are parted! Did the same thing happen in 2008, 2007, 2006 as fools rushed to be the first to own such examples of "rare" coins that weeks or months later could be found in your pocket and were worth face value?</p><p><br /></p><p>Those 2009 nickels were selling for $100 2 weeks ago and now are selling for $20 each. Their value will plummet very rapidly once more are released and rolls of those will be sold and as those buy rolls, some will try to flip them and sell individuals. I give it a year before they are selling for a dime each.</p><p><br /></p><p>I do remember that in 1999, state quarters were selling for $40 per roll and like $3 each! I found some in circulation the same time! Probably shoulda sold them and made a few bucks total.</p><p><br /></p><p>Im a computer guy and remember fools paying $1000 to be the first to own a new CPU or video card a month before it became available in stores for half or a third the price. Even after it became available in stores, a year later prices halved again. I then was able to pick up those computer parts for pennies on the dollar a couple years later. The computer I have cost me only $200 and it's very fast! It used to cost ten times that 3 years before I bought it! That's why I always buy 2-4 years behind the curve.</p><p><br /></p><p>I once did overpay and spent $200 on an Athlon 64 CPU that was costing $400 6 months earlier. It dropped to $100 less than a year after I spent $200 on it.</p><p><br /></p><p>There was a tulip bubble long ago and a beanie bubble a decade ago. I still remember that one and how some beanie babies were selling for over $1000! They have lost over 90% of their bubble value. I am still waiting for the house bubble to fully deflate before I buy a house cheap to live in.[/QUOTE]</p><p><br /></p>
[QUOTE="coins123, post: 625878, member: 19315"]I read most of this long thread. Crazy! A fool and his money are parted! Did the same thing happen in 2008, 2007, 2006 as fools rushed to be the first to own such examples of "rare" coins that weeks or months later could be found in your pocket and were worth face value? Those 2009 nickels were selling for $100 2 weeks ago and now are selling for $20 each. Their value will plummet very rapidly once more are released and rolls of those will be sold and as those buy rolls, some will try to flip them and sell individuals. I give it a year before they are selling for a dime each. I do remember that in 1999, state quarters were selling for $40 per roll and like $3 each! I found some in circulation the same time! Probably shoulda sold them and made a few bucks total. Im a computer guy and remember fools paying $1000 to be the first to own a new CPU or video card a month before it became available in stores for half or a third the price. Even after it became available in stores, a year later prices halved again. I then was able to pick up those computer parts for pennies on the dollar a couple years later. The computer I have cost me only $200 and it's very fast! It used to cost ten times that 3 years before I bought it! That's why I always buy 2-4 years behind the curve. I once did overpay and spent $200 on an Athlon 64 CPU that was costing $400 6 months earlier. It dropped to $100 less than a year after I spent $200 on it. There was a tulip bubble long ago and a beanie bubble a decade ago. I still remember that one and how some beanie babies were selling for over $1000! They have lost over 90% of their bubble value. I am still waiting for the house bubble to fully deflate before I buy a house cheap to live in.[/QUOTE]
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I just heard '09 dime and nickel production is done for the year.
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