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Prices for 1877 IHC's seem to have taken a dive lately.......
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<p>[QUOTE="Paul M., post: 3755180, member: 73165"]As a simple collector, I'm treating it as a buying opportunity. There are things affordable to me now that simply would not have been ~10 years ago, even if I were making a similar income then to what I am now, classic commems among them. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /> I've been holding out on some of the bigger pieces for a while, hoping they'll drop a bit, and I have actually noticed some downward movement in MS63-64 Hawaiians... <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p><br /></p><p><br /></p><p>Fair enough, but where does that leave dealers? The optimal move for the individual dealer in a falling market seems to be to price things to sell, make less money on each transaction, and make up for it in volume. In other words, keep the metal moving. It seems like that would cause further downward pressure in the market.</p><p><br /></p><p><br /></p><p><br /></p><p>Tell me about it! I was absolutely thrilled to get ahold of a Soviet-era mint set from my birth year for $70, when normally they sell individually for $90+! These sets aren't rare, but someone must really want them if they're listed for that much regularly on eBay. Since it's multiple sellers listing them, I'm reasonably sure it's not just etsy levels of market cluelessness driving these listings.[/QUOTE]</p><p><br /></p>
[QUOTE="Paul M., post: 3755180, member: 73165"]As a simple collector, I'm treating it as a buying opportunity. There are things affordable to me now that simply would not have been ~10 years ago, even if I were making a similar income then to what I am now, classic commems among them. ;) I've been holding out on some of the bigger pieces for a while, hoping they'll drop a bit, and I have actually noticed some downward movement in MS63-64 Hawaiians... :) Fair enough, but where does that leave dealers? The optimal move for the individual dealer in a falling market seems to be to price things to sell, make less money on each transaction, and make up for it in volume. In other words, keep the metal moving. It seems like that would cause further downward pressure in the market. Tell me about it! I was absolutely thrilled to get ahold of a Soviet-era mint set from my birth year for $70, when normally they sell individually for $90+! These sets aren't rare, but someone must really want them if they're listed for that much regularly on eBay. Since it's multiple sellers listing them, I'm reasonably sure it's not just etsy levels of market cluelessness driving these listings.[/QUOTE]
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Prices for 1877 IHC's seem to have taken a dive lately.......
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