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<p>[QUOTE="Vess1, post: 7389993, member: 13650"]The only index I care about is "what can I buy a coin for on ebay" and lately it isn't pretty. I was just telling someone the other day I hope coin shows come back because anything I'm looking at that I need, which is some obscure stuff now, can't be found below the major TPG price guides. Some may be slightly below or right at but there seems to be huge premiums on rarer, lower grade stuff. A VF that might book for $55 on the price guide might be $110 on ebay. Sometimes stuff is priced hundreds of dollars above price guide. And then I get notifications in my e-mail that stuff I looked at yesterday is no longer available because someone purchased. </p><p><br /></p><p> Does the index include trade dollars or 1840 No drapery dimes or half dimes? The US Mint sold 5x their normal amount of gold coins to begin this year and 20% more silver bullion than this time last year. Biggest year since 1999. Not a big correlation but it's clear that demand is high despite high premiums and a $800 shield with rays nickel you look at today may not be there tomorrow. To me, I don't care if a $14k coin dropped to $12k this year. It's too far out of my league and the "rare coin market" is full of these coins that most on this forum never look at.</p><p> I personally just bought a high MS, 1918 Illinois centennial commemorative and sent it in for grading. They only made 100k of them and I got it for under $150. If nobody wants them or is looking at them then it was the perfect time to buy. Why would I want to pay more for the same thing? It's a gorgeous coins designed by George T. Morgan and John R Sinnock, the guy that designed the Franklin half. I can't believe there aren't 100k collectors in Illinois that wouldn't want one. I think the classics are awesome and that's not my main collecting focus at all. But, you have a lot of in the moment collectors that have to have everything 2021 during 2021 and then 2022 rolls around and nobody cares about 2021 stuff anymore unless its something special. No wonder classic commems don't get attention. People are chasing limited edition ASEs every year.[/QUOTE]</p><p><br /></p>
[QUOTE="Vess1, post: 7389993, member: 13650"]The only index I care about is "what can I buy a coin for on ebay" and lately it isn't pretty. I was just telling someone the other day I hope coin shows come back because anything I'm looking at that I need, which is some obscure stuff now, can't be found below the major TPG price guides. Some may be slightly below or right at but there seems to be huge premiums on rarer, lower grade stuff. A VF that might book for $55 on the price guide might be $110 on ebay. Sometimes stuff is priced hundreds of dollars above price guide. And then I get notifications in my e-mail that stuff I looked at yesterday is no longer available because someone purchased. Does the index include trade dollars or 1840 No drapery dimes or half dimes? The US Mint sold 5x their normal amount of gold coins to begin this year and 20% more silver bullion than this time last year. Biggest year since 1999. Not a big correlation but it's clear that demand is high despite high premiums and a $800 shield with rays nickel you look at today may not be there tomorrow. To me, I don't care if a $14k coin dropped to $12k this year. It's too far out of my league and the "rare coin market" is full of these coins that most on this forum never look at. I personally just bought a high MS, 1918 Illinois centennial commemorative and sent it in for grading. They only made 100k of them and I got it for under $150. If nobody wants them or is looking at them then it was the perfect time to buy. Why would I want to pay more for the same thing? It's a gorgeous coins designed by George T. Morgan and John R Sinnock, the guy that designed the Franklin half. I can't believe there aren't 100k collectors in Illinois that wouldn't want one. I think the classics are awesome and that's not my main collecting focus at all. But, you have a lot of in the moment collectors that have to have everything 2021 during 2021 and then 2022 rolls around and nobody cares about 2021 stuff anymore unless its something special. No wonder classic commems don't get attention. People are chasing limited edition ASEs every year.[/QUOTE]
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