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<p>[QUOTE="medoraman, post: 1663888, member: 26302"]You could be right, $30 for a silver dollar could be seen as crazy cheap in a couple of years. OTOH, I knew a collector buying in the early 80's "all he could afford" silver dollars for $20 each. His reasoning was that just a couple of years before they were going for $40, so $20 was just dirt cheap, right? IDK if he ever sold, but he would have had to hold those silver dollars for over 20 years just to break even nominally, let alone break even accounting for inflation.</p><p><br /></p><p>Never get stuck a number in your head "just because it was that price X months/years ago". Numbers are manmade, there is nothing mystical about them.</p><p><br /></p><p>Like I said, maybe silver dollars will be going for $100 each in a couple of years, I simply do not know. Just warning you that any commodity can go MUCH lower than today's price, there is nothing magical about any pricing. Remember just 10 years ago these junk silver dollars were $6 each in junk bins all across this country. </p><p><br /></p><p>This "shortage" is artificial, and happens at every dip. Trust me, there is no shortage of old junk silver dollars in this country, just dealers not wishing to sell at what they percieve as temporary market lows.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1663888, member: 26302"]You could be right, $30 for a silver dollar could be seen as crazy cheap in a couple of years. OTOH, I knew a collector buying in the early 80's "all he could afford" silver dollars for $20 each. His reasoning was that just a couple of years before they were going for $40, so $20 was just dirt cheap, right? IDK if he ever sold, but he would have had to hold those silver dollars for over 20 years just to break even nominally, let alone break even accounting for inflation. Never get stuck a number in your head "just because it was that price X months/years ago". Numbers are manmade, there is nothing mystical about them. Like I said, maybe silver dollars will be going for $100 each in a couple of years, I simply do not know. Just warning you that any commodity can go MUCH lower than today's price, there is nothing magical about any pricing. Remember just 10 years ago these junk silver dollars were $6 each in junk bins all across this country. This "shortage" is artificial, and happens at every dip. Trust me, there is no shortage of old junk silver dollars in this country, just dealers not wishing to sell at what they percieve as temporary market lows.[/QUOTE]
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