Message:

<p>[QUOTE=&quot;Pocket Change, post: 396607, member: 8012&quot;]That is right on.</p><p><br /></p><p>When the market goes south as it&#039;s starting to do, the first thing you notice is that a lot of people start selling.&nbsp; Business has really picked up on the &quot;open&quot; or &quot;for sale&quot; areas of the forums I frequent.</p><p><br /></p><p>Next prices that sellers ask will go down because they aren&#039;t selling.&nbsp; What is curious is that the catalog or redbook or whatever prices won&#039;t drop or if they do, it&#039;ll be with a year or more lag.&nbsp; Everything looks fine on paper, but just try to sell something.&nbsp; </p><p><br /></p><p>Finally the number of sellers dwindles and so does active interest.&nbsp; Once again, published prices don&#039;t go down or go down very little.&nbsp; Your coins are supposedly still &quot;worth&quot; $x dollars, but good luck finding a buyer.&nbsp; Go on e-bay and check stamp or sports card auctions.&nbsp; The seller will note that Catalog Value is $20 and they&#039;ll be happy and click their heels together if they get $5.</p><p><br /></p><p>What&#039;s my point?&nbsp; Researching the past may not be very helpful and can actually delude you.&nbsp; People and organizations who publish price guides have no interest in dropping valuations.&nbsp; And THAT is about all you have to research if you want to look into anything before the Internet.</p><p><br /></p><p>Statehood quarters and increased interest in coin collecting came at about the same time as many people started to be on the Internet.&nbsp; It&#039;ll be interesting to see how the Internet and e-bay and all the other Internet alternatives ride out the upcoming ups and downs of the coin market.</p><p><br /></p><p>As has been said in previous posts and threads, do NOT invest in coins.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in