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<p>[QUOTE="jolumoga, post: 26758295, member: 41780"]While the gold price has corrected a bit, premiums on numismatics have risen slightly on eBay (this is what I notice lately, so the trend may reverse). I think these are two distinct things. Numismatic premiums (based on price discovery) do not move as fast as the metal price, so there is a lag, and they tend to adjust in time - correlate, but not exactly. This means premiums can reemerge (yes, premiums can rise while the metal price drops or stabilizes), which is what I think will happen to the numismatics discussed in this thread. BUT... the premiums probably won't be as high as they once were. So I think collectors will come in again and re-establish new premiums eventually. These are just some assumptions of mine from what I've seen and skimmed in an article or two, and from my read of this thread, but as always I'm just another internet poster.[/QUOTE]</p><p><br /></p>
[QUOTE="jolumoga, post: 26758295, member: 41780"]While the gold price has corrected a bit, premiums on numismatics have risen slightly on eBay (this is what I notice lately, so the trend may reverse). I think these are two distinct things. Numismatic premiums (based on price discovery) do not move as fast as the metal price, so there is a lag, and they tend to adjust in time - correlate, but not exactly. This means premiums can reemerge (yes, premiums can rise while the metal price drops or stabilizes), which is what I think will happen to the numismatics discussed in this thread. BUT... the premiums probably won't be as high as they once were. So I think collectors will come in again and re-establish new premiums eventually. These are just some assumptions of mine from what I've seen and skimmed in an article or two, and from my read of this thread, but as always I'm just another internet poster.[/QUOTE]
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