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Is This Guy Nuts?!?! 2010-D Nickel, PCGS MS-68 Full Steps for $4,000?!?!
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<p>[QUOTE="GDJMSP, post: 990057, member: 112"]But that is what I am saying - those huge price differences have existed as long as the grades have existed. People just didn't seem to notice them as much because for one thing the prices were not so high.</p><p><br /></p><p>Consider for a minute, between 1998 and 2005 Kennedy halves increased in price 300%. Not just the high grade ones - they increased 300% across the board. So Kennedy half that you might remember costing $50 in 1997, by 2005 that same coin cost $150 or more. And it had absolutely nothing to do with the grade.</p><p><br /></p><p>Many other coins between 2001 and 2008 increased in price by 400-500%. So those common nickels that used to cost $20 - in just 7 years they were over $100. And again, it had nothing to do with the grade.</p><p><br /></p><p>This is part of the reason that people make these comments when they see these high grade coins selling for what seems like outrageous prices. It's because they remember what seemed like a reasonable price just a few years ago but then forget about much those prices shot up in just a short time.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 990057, member: 112"]But that is what I am saying - those huge price differences have existed as long as the grades have existed. People just didn't seem to notice them as much because for one thing the prices were not so high. Consider for a minute, between 1998 and 2005 Kennedy halves increased in price 300%. Not just the high grade ones - they increased 300% across the board. So Kennedy half that you might remember costing $50 in 1997, by 2005 that same coin cost $150 or more. And it had absolutely nothing to do with the grade. Many other coins between 2001 and 2008 increased in price by 400-500%. So those common nickels that used to cost $20 - in just 7 years they were over $100. And again, it had nothing to do with the grade. This is part of the reason that people make these comments when they see these high grade coins selling for what seems like outrageous prices. It's because they remember what seemed like a reasonable price just a few years ago but then forget about much those prices shot up in just a short time.[/QUOTE]
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Is This Guy Nuts?!?! 2010-D Nickel, PCGS MS-68 Full Steps for $4,000?!?!
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