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<p>[QUOTE=&quot;ancient coin hunter, post: 8177849, member: 87200&quot;]I got an email from CNG saying that their recent auction netted $12.5 million or something like that, far above what they had prognosticated. We&#039;re starting to see a significant stock market correction right now in both Nasdaq and S&amp;P indexes. My holdings have dropped about 15% in value in the past three weeks. It reminds me of two major corrections, the stock market bubble that burst in 2001 (taking 5 years to recover), and then the crisis of 2009-2010 which reduced more wealth and many folks, holding explosive mortgages, lost their homes.</p><p><br /></p><p>Bitcoin has dropped. So, if market indices are any indication, AC&#039;s could also be in for a correction, but on the other hand investors/newbies could continue to plow into the auction field in search for alternative assets likely to hold value. The trend toward share based art funds (which let little guys invest in Picassos and so forth) may come over into the coin field. It will be very interesting to see how things pan out.[/QUOTE]</p><p><br /></p>

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