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<p>[QUOTE=&quot;Clawcoins, post: 2680099, member: 77814&quot;]In a down market the general population will not want to spend a ton of money on high grade coins.&nbsp; But it will be easier to sell many lower cost coins.</p><p><br /></p><p>silver vs gold.&nbsp; Silver is once again easier to sell because it costs less.&nbsp; Run yourself an experiment and ask your neighbors if they would buy a 1oz ASE vs AGE. They&#039;d like the AGE, but would only afford the ASE.</p><p><br /></p><p>Junk silver is another thing altogether in my regards.&nbsp; You have to have an educated buyer to take it above face value, at a silver/spot value.</p><p><br /></p><p>I have a coin collection with most of them bullion based.</p><p>I also have silver &amp; gold, which I consider totally separate.&nbsp; Not for a hedge against inflation but for holding wealth.&nbsp; I started investing back in the 80s, so I look at the long overall up trend in PM valuations.</p><p><br /></p><p>The most important factor in any strategy (bond, stocks, PMs, real estate, etc) is identifying what your &quot;buy&quot; range is, and when your &quot;sell&quot; range is if you want to sell.</p><p><br /></p><p>For instance, currently I&#039;ll only buy ASEs if I can get them for under $20. $20.60 ... nope, I&#039;ll wait.&nbsp; If I can sell them later for $26+ then I&#039;ll sell them .. or maybe I&#039;ll keep them as they are a method of holding wealth for me.</p><p><br /></p><p>I&#039;m not sure, but I don&#039;t know the numismatic coins in relation to PM spot pricing, stock market, etc&nbsp; nor even basic supply/demand.&nbsp; As mentioned in a down market it can easily be a buyers market, as they can push the price lower with less people wanting to buy. </p><p><br /></p><p>The more you want to sell fast for money, the more leverage a buyer has.&nbsp; So I don&#039;t know what it&#039;s like having high grade coins as a hedge against the economy.&nbsp; For storing wealth it&#039;s good but you&#039;ll want to keep it beyond any economic downturn, which means it&#039;s not good for quick cash in a downturn.</p><p><br /></p><p>How were numismatics during the economic collapse in 2008-2011 time frame ?</p><p>All I know is when I *had* sell some modern platinum &amp; gold US bullion based coins, it was below spot price.&nbsp; But I needed the money - and this was at a well-regarded rare coin/bullion dealer.&nbsp; Before I sold it, I asked them how much it would cost to buy it even the next day ... basically twice the price ... a buyers&#039; market.</p><p><br /></p><p>To me the best hedge against inflation is some investment that is based on a secured investment such as senior secured stocks,&nbsp; etc.&nbsp; </p><p><br /></p><p>But do your research and make sure your research is based on various economic conditions and eliminate your biases and be completely objective.[/QUOTE]</p><p><br /></p>

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