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Message:: [QUOTE="GoldFinger1969, post: 3866637, member: 73489"]To me, you can clearly see that the coin prices are following a LAGGED movement in PM prices.  It's not an exact relationship, but you can clearly see they are tied. Prices are sticky to the downside -- they teach you that in Economics 101.  So coins more directly tied to PMs tend to rise faster to the upside than they do correct to the downside. You have to remember:  you have a NUMISMATIC premum for many coins.  Sometimes, it's miniscule (MS 63 common Saints).  Othertimes, it's HUGE (MS 66 common Saints).  At times, the need to "burn off" the excess of a previous big move/bubble can overwhelm the underlying PM movement. Like I said, GD, I don't claim it's a 1-for-1 movement.  There's lots of moving parts here.  And for world or domestic coins with zero or close-to-zero PM content, I would suspect that aside from a roaring bull market in overall coin prices, that these would trade on their own merits and supply/demand. Think of the movement in ultra-high real estate (>$10 MM homes) vs. the housing market in general....or high-end art vs. stuff at your local art shop.....or classic cars (Ferrari, Porsche, Corvette) vs. the used car market in general.[/QUOTE]