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<p>[QUOTE="Cloudsweeper99, post: 73482, member: 3011"]Another thing to consider is that regarding your option #1, any coin or group of coins that you buy now have probably also increased in price too, so you will end up with the same group of coins for the same dollar outlay now that you would have had if you originally purchased them in 1999. So you may have a dollar profit, but not a profit in the quantity/quality of coins owned if you make the swap.</p><p><br /></p><p>I would also be cautious about getting locked into the idea that coin prices are cyclical, and that whatever goes up must come down. This has been the case for the past 20-25 years, but over a longer period of time the price trend has been one way -- up. In the 1960's uncirculated morgan dollars were less than $2. In the early 1970's, gold was $35 per ounce. I don't expect to revisit those prices. A lot depends on where you are in time.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 73482, member: 3011"]Another thing to consider is that regarding your option #1, any coin or group of coins that you buy now have probably also increased in price too, so you will end up with the same group of coins for the same dollar outlay now that you would have had if you originally purchased them in 1999. So you may have a dollar profit, but not a profit in the quantity/quality of coins owned if you make the swap. I would also be cautious about getting locked into the idea that coin prices are cyclical, and that whatever goes up must come down. This has been the case for the past 20-25 years, but over a longer period of time the price trend has been one way -- up. In the 1960's uncirculated morgan dollars were less than $2. In the early 1970's, gold was $35 per ounce. I don't expect to revisit those prices. A lot depends on where you are in time.[/QUOTE]
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