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<p>[QUOTE="lackluster, post: 826263, member: 21103"]The only way I would buy these modern high grade slabs is if I could sell them (flip) at a profit. I had an interesting discussion w/ a dealer a show a few months back. I had bought many coins from this dealer in the late 70's through the late 80's. I told him that I was kinda getting interested again and shopping around for a few things.</p><p>I brought up the modern slab ms and proof 69 and 70's and how I thought they may be comparable to the old 73 brown ikes (bidding at $130) on the greysheet at the time. Or the great comm hype that blew up in a bad way in the 80's. </p><p>He agreed (to my surprise) even though he had plenty of this type of coins on his table. He said you carry what the public wants and people want this stuff because of the hype, mainly from tv. He said it was a good market, but he would not hold on to any for himself.</p><p> </p><p>He asked what types of things I had aquired and what I was collecting now. Thought I was pretty smart about buy some nicer old stuff, but nothing w/an astronomical price. Stcik with the tried and true he advised and you probably be happy.</p><p> </p><p>people can buy their proof 70 pennies or whatever, I'll just get the proof set. 10 years from now I have a feeling they may wish they had done the same.</p><p> </p><p>Lack[/QUOTE]</p><p><br /></p>
[QUOTE="lackluster, post: 826263, member: 21103"]The only way I would buy these modern high grade slabs is if I could sell them (flip) at a profit. I had an interesting discussion w/ a dealer a show a few months back. I had bought many coins from this dealer in the late 70's through the late 80's. I told him that I was kinda getting interested again and shopping around for a few things. I brought up the modern slab ms and proof 69 and 70's and how I thought they may be comparable to the old 73 brown ikes (bidding at $130) on the greysheet at the time. Or the great comm hype that blew up in a bad way in the 80's. He agreed (to my surprise) even though he had plenty of this type of coins on his table. He said you carry what the public wants and people want this stuff because of the hype, mainly from tv. He said it was a good market, but he would not hold on to any for himself. He asked what types of things I had aquired and what I was collecting now. Thought I was pretty smart about buy some nicer old stuff, but nothing w/an astronomical price. Stcik with the tried and true he advised and you probably be happy. people can buy their proof 70 pennies or whatever, I'll just get the proof set. 10 years from now I have a feeling they may wish they had done the same. Lack[/QUOTE]
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