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<p>[QUOTE="IdesOfMarch01, post: 3183717, member: 39084"]I find this trend disturbing in the extreme -- specifically, the increasing evidence that non-collectors are getting into the ancient coin market simply for investment purposes, and relying on slabbed coins to make their decision for them.</p><p><br /></p><p>Right now, I see two ways that this trend may go in the future: </p><p><br /></p><p>(1) Slabbing becomes the norm for ancient coins, and investors who are primarily non-collectors take over the market (as they apparently have in modern coins) because they find they can make a profit.</p><p><br /></p><p>(2) The individuals who ignorantly overpay by 1700% or so find out that they can't resell their folly for a profit any time within their investment time frame, and prices drop precipitously. Slabbing of ancients continues on its merry way but investors look for better, more reliable markets.</p><p><br /></p><p>I don't know which trend will prevail, but I'm rooting vociferously for #2.[/QUOTE]</p><p><br /></p>
[QUOTE="IdesOfMarch01, post: 3183717, member: 39084"]I find this trend disturbing in the extreme -- specifically, the increasing evidence that non-collectors are getting into the ancient coin market simply for investment purposes, and relying on slabbed coins to make their decision for them. Right now, I see two ways that this trend may go in the future: (1) Slabbing becomes the norm for ancient coins, and investors who are primarily non-collectors take over the market (as they apparently have in modern coins) because they find they can make a profit. (2) The individuals who ignorantly overpay by 1700% or so find out that they can't resell their folly for a profit any time within their investment time frame, and prices drop precipitously. Slabbing of ancients continues on its merry way but investors look for better, more reliable markets. I don't know which trend will prevail, but I'm rooting vociferously for #2.[/QUOTE]
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