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<p>[QUOTE=&quot;Speedy, post: 162562, member: 705&quot;]I&#039;ve been thinking about this for sometime and have been watching the market for awhile but thought that I would post some of my reasons on why I think that the market is on a downward hill.</p><p><br /></p><p>Some of ya&#039;ll will hate me for posting this :whistle: <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie11" alt=":rolleyes:" unselectable="on" unselectable="on" />&nbsp; and some will agree with my thoughts!</p><p><br /></p><p>The coin market has been on an UP for along time--longer than most thought it would be up and really longer than the market normaly stays up.</p><p>The market works just like anything else and has up and down times---the trick to coins is knowing when its going up and when its coming down---no one really knows but some can make a good guess by study of prices and trends...I&#039;m not saying that I&#039;m good at this----far from it---but I will say that I found something that didn&#039;t shock me!</p><p><br /></p><p>Here is just a few prices and dates you can look at....all taken from Heritage....since ya&#039;ll don&#039;t want to take all night reading this I&#039;ll just pick 2 coins for a close up.......all will be graded by TPG&#039;s...I dont&#039; know if any of these have Varieties or such--the grade given is the one given by the grading company---</p><p>There are alot more out there with the same thing going on---these are just a few that really show it pretty good</p><p><br /></p><p>In 2001 an 1831 Large Cent graded XF40 sold for $76</p><p>In 2003 an 1831 Large Cent graded XF40 sold for $82</p><p>In 2005 an 1831 Large Cent graded XF40 sold for $126.50</p><p>In JAN of 2006 an 1831 Large Cent graded XF40 sold for $431.25---This one was in an collection and sold for higher....because of the name..</p><p>In MARCH of 2006 an 1831 Large Cent graded XF40 sold for $92</p><p>In JUNE of 2006 an 1831 Large Cent graded XF40 sold for $60</p><p><br /></p><p>And about a month earlier one sold for $42</p><p>It seems to me that by this coin the market for it hit its high in early 2006....</p><p><br /></p><p>On to another coin....</p><p>In 1993 an 1926-S Nickel in VF20 sold for $154</p><p>In 1994 an 1926-S Nickel in VF20 sold for $198</p><p>In 1999 an 1926-S Nickel in VF20 sold for $242</p><p>In 2000 an 1926-S Nickel in VF20 sold for $125</p><p>In 2001 an 1926-S Nickel in VF20 sold for $322</p><p>In 2003 an 1926-S Nickel in VF20 sold for $391</p><p>In 2004 an 1926-S Nickel in VF20 sold for $247</p><p>In 2006 an 1926-S Nickel in VF20 sold for $287</p><p><br /></p><p>Notes about this coin---the market for it has been up and down for along time--sometimes just from month to month the prices would go up a few hundred---I myself just sold one to DLRC for $250</p><p>To look at this coin the market would look like its still up in one way---but IMHO its still pretty much going down---</p><p><br /></p><p>The same thing as the Nickel is happening to the 1950 Proof Franklins---in the grade PF66---the market has been up and down---in 1993 you could get one for over $550--but now its more around $410....now in the years inbetween 95 and 06 the prices have been up and down.</p><p><br /></p><p>I guess all of this above is a bunch of pieces that don&#039;t really fit together----what I&#039;m trying to show is that the market seems to me to be taking a dip---maybe going down---while on some coins like the nickel it looks like its pretty much the same the market has been pretty hard on buyers and sellers of the coin---when that happens IMHO the market isn&#039;t really stable..when it ain&#039;t stable it ain&#039;t a good thing.</p><p><br /></p><p>Again---this isn&#039;t much--take it with a grain of salt--I&#039;m following my idea and backing off buying alot of coins---not that I&#039;m in coins to make money but I don&#039;t want to be one that buys a coin one day and the next day its tons cheaper---I&#039;m willing to play the game!</p><p>I am looking for an area in the hobby where the market really hasn&#039;t taken off---the error market has just taken off in the last few years---the area of Patterns has been always kindof hot in one way... but there aren&#039;t many buyers so its kindof dull and not much going on---</p><p>There are many areas of coins in the market that haven&#039;t gotten hot yet---and if I find it that might be my new area of collecting till the rest of the market gets back on its feet again....</p><p><br /></p><p>Now that I&#039;ve typed my fingers to the bone and ya&#039;ll are wondering just why I posted this I&#039;m going to quit!</p><p><br /></p><p>Speedy[/QUOTE]</p><p><br /></p>

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