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<p>[QUOTE="Cloudsweeper99, post: 62189, member: 3011"]That's okay Speedy. I'm just going by some long time observations, not really trying to convince anyone of anything. I happen to own a 1965 Handbook of United States Coins. Just to toss out a couple of examples, the 1916-d Mercury dime is listed at $105 in fine condition. The 1893-s Morgan is listed at $750 in uncirculated condition; one of the most expensive coins in the book! Most of the Morgan and Peace dollars are listed at, you guessed it, $1 in fine condition. Inflation grinds slowly but it grinds surely in one direction over long periods of time. Some collectors probably thought those prices were excessive and are still waiting for the pullback to get the coin they want at a more reasonable price. It won't happen overnight, but 30 years from now today's prices might look like a bargain. There is no guarantee but I think it's a reasonable expectation.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 62189, member: 3011"]That's okay Speedy. I'm just going by some long time observations, not really trying to convince anyone of anything. I happen to own a 1965 Handbook of United States Coins. Just to toss out a couple of examples, the 1916-d Mercury dime is listed at $105 in fine condition. The 1893-s Morgan is listed at $750 in uncirculated condition; one of the most expensive coins in the book! Most of the Morgan and Peace dollars are listed at, you guessed it, $1 in fine condition. Inflation grinds slowly but it grinds surely in one direction over long periods of time. Some collectors probably thought those prices were excessive and are still waiting for the pullback to get the coin they want at a more reasonable price. It won't happen overnight, but 30 years from now today's prices might look like a bargain. There is no guarantee but I think it's a reasonable expectation.[/QUOTE]
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