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<p>[QUOTE=&quot;Mr. Coin Lover, post: 479749, member: 16060&quot;]There is a relation I think between our current economic condition and high grade coins.&nbsp; The super high grade or MS-70 coins to me illustrates our society&#039;s (none of us on Coin Talk included) &quot;got to have the best&quot;.&nbsp; If its bigger its better, if its more expensive its better, if its higher grade its better or the only one acceptable, if its better than the neighbors rah!&nbsp; This mentality played a large part IMO of getting us in the shape we are in by people buying on credit what they could not afford. The super rich will always be super rich for the most part.&nbsp; I do think a lot of people have purchased&nbsp; coins they really could not afford.&nbsp; Did any of you read the article recently on one of the coin news websites that the market is now being flooded with MS-69 coins because dealers were buying so many new issues hoping for MS-70s to sell at tremendous profits? The MS-69&#039;s are being sold with little or no profit. Another article was illustrating how some higher grade prices on older coins are starting to fall.&nbsp; I&#039;m beginning to think just recently that in a few more months &quot;cash will be king&quot; in the coin market.[/QUOTE]</p><p><br /></p>

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