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<p>[QUOTE="GDJMSP, post: 3222515, member: 112"]No, coins aren't more stable. In fact their prices and values change on a daily basis. And with the higher dollar coins prices can drop as much as 50% in just a month or two. When the current bear market began, some coins that had just been purchased at $150,000 were sold 2 months later at less than $75,000. That's not exactly what you'd call stability.</p><p><br /></p><p>On the other side of the coin, take a very common and inexpensive coin like the Kennedy half dollar. When the previous bull market began, in just 3 years their prices increased 300%. That's not exactly stability either.</p><p><br /></p><p>Granted those are just a couple of examples, but they make the point - there is no stability in the coin market, none ! Never has been and never will be.</p><p><br /></p><p>Now of you want to see it in pictures, try this link -</p><p><a href="https://www.pcgs.com/prices/frame.aspx?type=coinindex&filename=index" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.pcgs.com/prices/frame.aspx?type=coinindex&filename=index" rel="nofollow">https://www.pcgs.com/prices/frame.aspx?type=coinindex&filename=index</a></p><p><br /></p><p>Play around with it, explore. Use the links below on that page, where it says Market Segment Indexes, to see the various segments of the coin market, and over various time periods and you'll see what I mean. As an example, this is a graph of the coin market as a whole over the last 10 years.</p><p><br /></p><p><img src="https://www.pcgs.com/PCGSMedia/graphs/index10graph.gif" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p><br /></p><p>It doesn't exactly instill confidence does it. This is the same graph since 1970.</p><p><br /></p><p><img src="https://www.pcgs.com/PCGSMedia/graphs/indexallgraph.gif" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p><br /></p><p>See that big peak in '89, people who bought coins during that rise and fall are still losing money 30 years later. Kinda like the folks who bought coins during the last bull market which began in 2001 and fell off a cliff in 2008. The current coin market, as a whole,, today is at the same level it was in 2003. Again, no stability there.</p><p><br /></p><p>Buy and collect coins because you like them, not because you think you might be able to make money.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 3222515, member: 112"]No, coins aren't more stable. In fact their prices and values change on a daily basis. And with the higher dollar coins prices can drop as much as 50% in just a month or two. When the current bear market began, some coins that had just been purchased at $150,000 were sold 2 months later at less than $75,000. That's not exactly what you'd call stability. On the other side of the coin, take a very common and inexpensive coin like the Kennedy half dollar. When the previous bull market began, in just 3 years their prices increased 300%. That's not exactly stability either. Granted those are just a couple of examples, but they make the point - there is no stability in the coin market, none ! Never has been and never will be. Now of you want to see it in pictures, try this link - [url]https://www.pcgs.com/prices/frame.aspx?type=coinindex&filename=index[/url] Play around with it, explore. Use the links below on that page, where it says Market Segment Indexes, to see the various segments of the coin market, and over various time periods and you'll see what I mean. As an example, this is a graph of the coin market as a whole over the last 10 years. [IMG]https://www.pcgs.com/PCGSMedia/graphs/index10graph.gif[/IMG] It doesn't exactly instill confidence does it. This is the same graph since 1970. [IMG]https://www.pcgs.com/PCGSMedia/graphs/indexallgraph.gif[/IMG] See that big peak in '89, people who bought coins during that rise and fall are still losing money 30 years later. Kinda like the folks who bought coins during the last bull market which began in 2001 and fell off a cliff in 2008. The current coin market, as a whole,, today is at the same level it was in 2003. Again, no stability there. Buy and collect coins because you like them, not because you think you might be able to make money.[/QUOTE]
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