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<p>[QUOTE="Vess1, post: 20896072, member: 13650"]Anybody feel like they're noticing inflation creeping into coin prices these days? I'm finding coins listed for 20% more to double price guide values more than I used to now. It's not even surprising anymore. </p><p> It doesn't seem to matter if looking at MS or beat up "G" examples. I was just at a show and was considering a piece a dealer had and thought the "in person price" would be really good. I inspected the piece closely and had 300 to 350 in my mind and the guy said he'd need 500 for it. I passed on it. The show was extemely busy and I saw a lot of cash changing hands. Was checking out a graded $10 gold indian and by the time I made it back around the room it was gone. Hard to imagine how much business was done in 8 hours there.</p><p><br /></p><p> We all know groceries have gone through the roof. To me it seems like a little bit of this is creeping into the coin markets lately too. You could say this isn't the best time to be buying, but then you ask yourself, what will that coin cost to acquire in 10 years? Could inflation have more of an upward pressure on coin prices than actual scarcity or demand? </p><p> Some of you may have seen the large cent I posted in the other thread. There was no "deals" to be had on that one. I thought mabye they'd be willing to budge, $50, maybe $20. Nope. No negotiation. Buy it or leave it.</p><p> </p><p> It took me a long time to finally come around and buy that. It wasn't like there was another one there or anywhere around to go try and get. Supply and demand, and inflation I suppose. Since 2010 that example has basically doubled in price. Half cents same deal. Up up and away. But I'm talking about some pretty obscure pieces too. A lot of people will just buy a readily available liberty seated dime and call it good. But say you want an early no drapery version? You'd think the demand would be less but it must be there. Same with half dimes.[/QUOTE]</p><p><br /></p>
[QUOTE="Vess1, post: 20896072, member: 13650"]Anybody feel like they're noticing inflation creeping into coin prices these days? I'm finding coins listed for 20% more to double price guide values more than I used to now. It's not even surprising anymore. It doesn't seem to matter if looking at MS or beat up "G" examples. I was just at a show and was considering a piece a dealer had and thought the "in person price" would be really good. I inspected the piece closely and had 300 to 350 in my mind and the guy said he'd need 500 for it. I passed on it. The show was extemely busy and I saw a lot of cash changing hands. Was checking out a graded $10 gold indian and by the time I made it back around the room it was gone. Hard to imagine how much business was done in 8 hours there. We all know groceries have gone through the roof. To me it seems like a little bit of this is creeping into the coin markets lately too. You could say this isn't the best time to be buying, but then you ask yourself, what will that coin cost to acquire in 10 years? Could inflation have more of an upward pressure on coin prices than actual scarcity or demand? Some of you may have seen the large cent I posted in the other thread. There was no "deals" to be had on that one. I thought mabye they'd be willing to budge, $50, maybe $20. Nope. No negotiation. Buy it or leave it. It took me a long time to finally come around and buy that. It wasn't like there was another one there or anywhere around to go try and get. Supply and demand, and inflation I suppose. Since 2010 that example has basically doubled in price. Half cents same deal. Up up and away. But I'm talking about some pretty obscure pieces too. A lot of people will just buy a readily available liberty seated dime and call it good. But say you want an early no drapery version? You'd think the demand would be less but it must be there. Same with half dimes.[/QUOTE]
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