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<p>[QUOTE=&quot;World Colonial, post: 2499784, member: 78153&quot;]I&#039;m only extracting this part of your post, but my reply is to all of it.</p><p><br /></p><p>Can&#039;t speak for this particular buyer but I don&#039;t completely agree with you.&nbsp; There are a lot of (supposedly) very affluent people whose financial position is dependent upon the current asset, credit and debt mania.&nbsp; Their wealth has been inflated by artificially cheap money and unsustainably low credit standards. </p><p><br /></p><p>Under actually adverse circumstances, many of them can and will become forced sellers, just like anyone else.&nbsp; The only reason this&nbsp; was not noticeable in 2008-2009 is because the financial stress was temporary.&nbsp; Even if they aren&#039;t, as other prior sales show, they may sell anyway either because they have little interest in collecting or think prices might fall further.</p><p><br /></p><p>In general, the only reason I can see why anyone would hold the opinion of the OP is because of the credit bubble.&nbsp; This is the actual reason assets have increased in value across the board for so long; particularly since the 1970&#039;s for coins.&nbsp; It isn&#039;t because coins are a hedge against &quot;uncertainty&quot;, inflation or anything else.</p><p><br /></p><p>I agree with you that it only takes one other buyer but the same could be said about many equally scarce but much cheaper coins who have a lot more potential buyers who can afford it, as opposed to the common US coins selling in the price range cited here.&nbsp; From what I can see, they are susceptible to losing more value because they are less liquid and I believe the same applies to this coin though maybe to a lesser degree.</p><p><br /></p><p>With this coin, its one I&#039;d consider highly compelling, maybe in the top four from 20th century coinage, depending upon criteria.</p><p><br /></p><p>At the same time, high quality preferred British coins have ALREADY increased a lot over the last 10 years, to my knowledge.&nbsp; As one example, I recall Goldberg selling an 1839 Una and the Lion for about $25 in 2005 or near it.&nbsp; Today, the same or similar coin is worth $150k.&nbsp; I believe other proof gold and crowns (such as the Gothic) have also increased, a lot.&nbsp; Same applies to choice &quot;lowly&quot; 1953 proof singles and proof sets.</p><p><br /></p><p>So if this anecdotal data is fairly representative of the recent performance of British coins, is a current buyer likely buying them prior to another (major) run up?&nbsp; Or closer to or at a market top?&nbsp; I think you know my answer.[/QUOTE]</p><p><br /></p>

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