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<p>[QUOTE=&quot;GoldFinger1969, post: 7436162, member: 73489&quot;]<b><u>The chance to buy Saints at &lt; $100 and silver at $2 were quirks of history which are the ONLY thing keeping their long-run (50+ years) historical returns even within striking distance of the stock market and maybe even the bond market.</u></b></p><p><br /></p><p><b>You had the price of silver and gold artificially held back for decades from 1933-1971.&nbsp; </b>You also had demand for silver and gold coins dramatically lower because it was prohibited or questionable for Americans to hold gold (until legalized in 1975).</p><p><br /></p><p>The low prices for small face value American coinage (Franklins, Barbers, etc.) also benefitted from the post-1970 explosion in coin collecting and precious metals prices.&nbsp; If you collected Franklins or Barbers or SLQs or whatever in the 1950&#039;s or 1960&#039;s, you probably saw decent appreciation over the next 40-50 years.&nbsp; If you started in the 1980&#039;s or later, you didn&#039;t.</p><p><br /></p><p><b>All of these coins and PM&#039;s took off in the 1970&#039;s when oil went up 10-fold, gold went up 20-fold, silver went up 50-fold, etc.</b>&nbsp; Inflation roared...exchange rates were all over the place...and even when it all stopped in the 1980&#039;s the 1970&#039;s were too close in the rear-view mirror for people to not hope for a repeat.&nbsp; </p><p><br /></p><p><b>I&#039;m sure many of you remember Howard &quot;Ruff Times&quot; Ruff and others who made fortunes on newsletters, speaking tours, and their own investments in the 1970&#039;s. </b> They literally lived off that for another 20 years even though nothing they touched ever came close to recreating the 1970&#039;s performances (except commemoratives in the 1980&#039;s, for whatever reason).</p><p><br /></p><p><b>I would not count on it happening again.</b>&nbsp; If BitCoin stops sucking $$$ away from gold, then maybe common Saints trade at $3,000 when gold is $2,500 in a few years.&nbsp; But buy your coins as if their numismatic AND precious metals value never appreciates and maybe even declines.</p><p><br /></p><p>That way, you&#039;ll never be disappointed. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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