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Joined for the skinny on investing in slabbed Morgans...
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<p>[QUOTE="flintcreek6412, post: 1926426, member: 61025"]As far as investing in Morgan's for long term, as others have said, no one knows what the market will do. My gut tells me the market will be flooded with Morgan's in the next 20-40yrs as we 40+ year old collectors die off and heirs dump them for cash.</p><p><br /></p><p>Look at any auction you want, be it Heritage, Ebay or other. Morgan's dominate all other coinage with the exception of Lincoln cents. Large supply with limited demand not a good combination. I just don't see today's youth having the interest our generations do. They'd rather buy fancy basketball shoes and technology. But what do I know.</p><p><br /></p><p>As far as LDRC's comments. He's spot on. Heck, even ebay has warnings all over about going outside their site for deals. They don't want you to use their huge marketing empire to your gain without their cut. I can't blame them.[/QUOTE]</p><p><br /></p>
[QUOTE="flintcreek6412, post: 1926426, member: 61025"]As far as investing in Morgan's for long term, as others have said, no one knows what the market will do. My gut tells me the market will be flooded with Morgan's in the next 20-40yrs as we 40+ year old collectors die off and heirs dump them for cash. Look at any auction you want, be it Heritage, Ebay or other. Morgan's dominate all other coinage with the exception of Lincoln cents. Large supply with limited demand not a good combination. I just don't see today's youth having the interest our generations do. They'd rather buy fancy basketball shoes and technology. But what do I know. As far as LDRC's comments. He's spot on. Heck, even ebay has warnings all over about going outside their site for deals. They don't want you to use their huge marketing empire to your gain without their cut. I can't blame them.[/QUOTE]
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