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Message:: [QUOTE="imrich, post: 1250102, member: 22331"]Interesting Observations!! I was also a Hunt Era "investor", listening to hype, transferring a significant portfolio portion to "numismatic material" silver and gold. I never really lost my investment because of personal strategic investment policies. I still retain much of my "investment", now labeled by "dealers" as "junk". I occasionally sell large quality lots to individuals who recognize the difference between modern trend products and vintage premium "junk". I'm appreciative that the "dealers" have diminished the pricing for vintage premium "junk", which has allowed acquisition of many bargains. With the "dealers" paying less for, and commanding an appreciable premium for their lesser quality "junk", seemingly few buyers recognize what is being sold until the difference is explained/shown. With the swing cycles of PM "junk", I can easily resell large lots of "better quality" vintage coinage at less than melt, while profiting, retaining better material. "Word of mouth" has buyers driving an extended distance to partake of relative bargains. "Dealers" have sold many lots of ASE/AGE at a percentage premium, where the buyers are virtually compelled to retain their purchases because of resale diminished dealer buy quotes, hoping for an unlikely significant appropriate percentage Silver price increase. Numerous buyers are appreciating vintage Silver coinage, along with the pricing and numismatic advantage. Relative quality vintage coins are seemingly now selling at an advantage to "moderns' and PM rounds/bars. I recognized the "moderns" trend established by "dealers", and the potential advertising for these products by both dealers and buyers. I believed in the future advantage of small denomination Gold moderns. A significant investment was relegated to these PM commodities. When now advertising sale of these items at the "best price" to be found, 10% less than major suppliers, buyers are elated to travel hours for acquisition. A relatively recent post inquired about what would be the best investment for ROI. I recommended a specific modern Gold coin, complete with promise to repurchase if dissatisfied. My suggestion in opposition of the majority, generally received unchallenged criticism/ridicule. I hope that the OP was not dismayed by unenlightened critics, and is now realizing their ~40% wholesale profit from my advice. Myself, many informed others, know that at the current pricing levels, there are many buyers of specific PM. However, the purchasing variables and knowledge requirements have been elevated to effect proper "investment". Just my experienced humble opinion. :thumb:[/QUOTE]

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