Message:

<p>[QUOTE=&quot;GDJMSP, post: 1929960, member: 112&quot;]Gnomey - are you aware or have you ever heard what happened to the value of coins, in particular Morgans, in the 1980&#039;s ? As they say, a picture says a thousand words.</p><p><br /></p><p><img src="http://www.pcgs.com/images/graphs/mpeaceallgraph.gif" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /> </p><p><br /></p><p>Now looking at that graph above suppose you bought Morgans starting in 1986, almost 30 years ago, and continued until buying them until 1989. How would you feel today ?</p><p><br /></p><p>And this is what has happened with the value of Morgans in just the last 10 years.</p><p><br /></p><p><img src="http://www.pcgs.com/images/graphs/mpeace10graph.gif" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /> </p><p><br /></p><p><br /></p><p>Kind of looks like a yo-yo doesn&#039;t it. Well, that&#039;s because the coin market is kind of like a yo-yo. It doesn&#039;t just go up. There are lots of downs too. And sometimes those downs can last a long time like the first chart shows. </p><p><br /></p><p>In the early 1980&#039;s those nice Morgans you&#039;re talking about cost about $100-$150 each. By 1989 they cost about $1500 each. And the people who bought them during that rise to the top, still haven&#039;t made their money back even today, 30 years later. And they likely never will. Nor will their sons and daughters.</p><p><br /></p><p>Food for thought.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in