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Is it just me that coin prices seem to be going up and up?
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<p>[QUOTE="Cringely, post: 1429452, member: 22271"]From 1980 through 2010, prices have risen, stabilized risen, and dropped. If you don't believe me, look at the price that it would cost to assemble the 95 type coins (copper, clad and silver) that make up the <u>Red Book</u> types (remember that the dated 1981 reflects 1980 prices).</p><p> </p><p>Since 2011 probably have risen somewhat (I don't have hard statistics on these since the 2012 Red Book did not list type coin pricing—and I haven’t seen the 2013 <u>Red Book</u> yet).</p><p> </p><p>As proof, the graph below shows relative pricing of an 85-coin type set (excludes chain cent, 1796 quarter and 1797/97 half dollar and clad coins—as to why, see “Pricing Relationships of United States Type Coinage”, T<i>he American Journal of Numismatics Second Series</i>, <b>23</b>, 257 – 263 (2011) which gives the reasoning behind the graph)</p><p> </p><p>So, for the short term, will coins increase in price, decrease in price or ?</p><p>[ATTACH]174587.vB[/ATTACH]</p><p>The diamonds show relative prices compared to the 1981 <i>Red Book</i> prices, CPI is the Consumer Price Index (use the left vertical axis for values. The S&P500 (use the right vertical axis) is the Standards & Poors index of the 500 largest companies listed on the (various) stock markets.[/QUOTE]</p><p><br /></p>
[QUOTE="Cringely, post: 1429452, member: 22271"]From 1980 through 2010, prices have risen, stabilized risen, and dropped. If you don't believe me, look at the price that it would cost to assemble the 95 type coins (copper, clad and silver) that make up the [U]Red Book[/U] types (remember that the dated 1981 reflects 1980 prices). Since 2011 probably have risen somewhat (I don't have hard statistics on these since the 2012 Red Book did not list type coin pricing—and I haven’t seen the 2013 [U]Red Book[/U] yet). As proof, the graph below shows relative pricing of an 85-coin type set (excludes chain cent, 1796 quarter and 1797/97 half dollar and clad coins—as to why, see “Pricing Relationships of United States Type Coinage”, T[I]he American Journal of Numismatics Second Series[/I], [B]23[/B], 257 – 263 (2011) which gives the reasoning behind the graph) So, for the short term, will coins increase in price, decrease in price or ? [ATTACH]174587.vB[/ATTACH] The diamonds show relative prices compared to the 1981 [I]Red Book[/I] prices, CPI is the Consumer Price Index (use the left vertical axis for values. The S&P500 (use the right vertical axis) is the Standards & Poors index of the 500 largest companies listed on the (various) stock markets.[/QUOTE]
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Is it just me that coin prices seem to be going up and up?
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