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<p>[QUOTE="Juan Blanco, post: 1562170, member: 41665"]This thread dates to 2004. I cannot deny or support any price observations, but what I find especially interesting: </p><p><br /></p><p>1) OP alerts to a ragin' Bull market loaded with irrational exuberance: <i>"<font face="Tahoma"><span style="color: black"><font face="Tahoma">many of them will likely say they see no end in sight. … </font></span><span style="color: #3e3e3e"><font face="Tahoma">outlandish levels …</font></span><span style="color: black"><font face="Tahoma"> are we witnessing something that has never happened in the past - a new paradigm for the coin market ?" </font></span></font></i><font face="Tahoma"><span style="color: black"><font face="Tahoma">Nearly identical hyperbole to the Dot.Con or Real Estate Bubble, obv.</font></span></font></p><p><font face="Tahoma"><span style="color: black"><font face="Tahoma">2) 'Game of Musical Chairs' or Value Shift: <i>"<span style="color: black"><font face="Tahoma"><font face="Tahoma">...when the values of moderns did drop, the emphasis of collectors was simply directed to another area. Those older US coin series that had languished in the doldrums price wise soon began to creep up in value." </font></font></span></i><span style="color: black"><font face="Tahoma"><font face="Tahoma">This can be a subtle phenomenon appareciated in stocks, as 'savvy' traders evacuate hot sectors for 'value' - out of eToys & pets.com and into 'safe stocks' like GS, etc.</font></font></span></font></span></font></p><p><font face="Tahoma"><span style="color: black"><font face="Tahoma"><span style="color: black"><font face="Tahoma"><font face="Tahoma"><br /></font></font></span></font></span></font></p><p><font face="Tahoma"><span style="color: black"><font face="Tahoma"><span style="color: black"><font face="Tahoma"><font face="Tahoma">What I want to know - did 'modern US coin value' drop in mid 2004? </font></font></span></font></span></font></p><p><font face="Tahoma"><span style="color: black"><font face="Tahoma"><span style="color: black"><font face="Tahoma"><font face="Tahoma">To what degree was PM's rise a factor in 'Older US Coins' advance? </font></font></span></font></span></font></p><p><font face="Tahoma"><span style="color: black"><font face="Tahoma"><span style="color: black"><font face="Tahoma"><font face="Tahoma">For example, what were <i>completed auctions</i> for 'rarer date' or 'top value' Morgans on eBay back in 2004, 2007, 2009? (I see a very few in the USD$ 4,500. - 1,800. range, Oct. 2012) </font></font></span></font></span></font></p><p><font face="Tahoma"><span style="color: black"><font face="Tahoma"><span style="color: black"><font face="Tahoma"><font face="Tahoma">What a better representative middle-market Silver coin metric? Any price charts, 5, 10-, 20-years? </font></font></span></font></span></font></p><p><font face="Tahoma"><span style="color: black"><font face="Tahoma"><span style="color: black"><font face="Tahoma"><font face="Tahoma"><br /></font></font></span></font></span></font></p><p><font face="Tahoma"><span style="color: black"><font face="Tahoma"><span style="color: black"><font face="Tahoma"><font face="Tahoma">I see (from my own research) an avg/typical Morgan "varietal" rose from <b>4x POS in 2005,</b> UP to <b>27x POS in 2007, </b>then back down (cratering in 2008/9?) to <b>2x POS in 2011 and 2012. </b></font></font></span></font></span></font></p><p><font face="Tahoma"><span style="color: black"><font face="Tahoma"><span style="color: black"><font face="Tahoma"><font face="Tahoma"><b></b>On eBay now, the highest priced VAM Morgan (few) are $350 -450. Those prices are likely due more to mintage & condition, I'd suspect: nothing avg/typical goes that high? Cursory read by this outsider: there seemed to be tons of acrimony in the VAM scene over published prices back in 2011 - investors were devastated and some folks really didn't want that data out there. </font></font></span></font></span></font></p><p><font face="Tahoma"><span style="color: black"><font face="Tahoma"><span style="color: black"><font face="Tahoma"><font face="Tahoma"><br /></font></font></span></font></span></font></p><p><font face="Tahoma"><span style="color: black"><font face="Tahoma"><span style="color: black"><font face="Tahoma"><font face="Tahoma">Are there public charts for coin prices indices online? Thanks!</font></font></span></font></span></font>[/QUOTE]</p><p><br /></p>
[QUOTE="Juan Blanco, post: 1562170, member: 41665"]This thread dates to 2004. I cannot deny or support any price observations, but what I find especially interesting: 1) OP alerts to a ragin' Bull market loaded with irrational exuberance: [I]"[FONT=Tahoma][COLOR=black][FONT=Tahoma]many of them will likely say they see no end in sight. … [/FONT][/COLOR][COLOR=#3e3e3e][FONT=Tahoma]outlandish levels …[/FONT][/COLOR][COLOR=black][FONT=Tahoma] are we witnessing something that has never happened in the past - a new paradigm for the coin market ?" [/FONT][/COLOR][/FONT][/I][FONT=Tahoma][COLOR=black][FONT=Tahoma]Nearly identical hyperbole to the Dot.Con or Real Estate Bubble, obv. 2) 'Game of Musical Chairs' or Value Shift: [I]"[COLOR=black][FONT=Tahoma][FONT=Tahoma]...when the values of moderns did drop, the emphasis of collectors was simply directed to another area. Those older US coin series that had languished in the doldrums price wise soon began to creep up in value." [/FONT][/FONT][/COLOR][/I][COLOR=black][FONT=Tahoma][FONT=Tahoma]This can be a subtle phenomenon appareciated in stocks, as 'savvy' traders evacuate hot sectors for 'value' - out of eToys & pets.com and into 'safe stocks' like GS, etc. What I want to know - did 'modern US coin value' drop in mid 2004? To what degree was PM's rise a factor in 'Older US Coins' advance? For example, what were [I]completed auctions[/I] for 'rarer date' or 'top value' Morgans on eBay back in 2004, 2007, 2009? (I see a very few in the USD$ 4,500. - 1,800. range, Oct. 2012) What a better representative middle-market Silver coin metric? Any price charts, 5, 10-, 20-years? I see (from my own research) an avg/typical Morgan "varietal" rose from [B]4x POS in 2005,[/B] UP to [B]27x POS in 2007, [/B]then back down (cratering in 2008/9?) to [B]2x POS in 2011 and 2012. [/B]On eBay now, the highest priced VAM Morgan (few) are $350 -450. Those prices are likely due more to mintage & condition, I'd suspect: nothing avg/typical goes that high? Cursory read by this outsider: there seemed to be tons of acrimony in the VAM scene over published prices back in 2011 - investors were devastated and some folks really didn't want that data out there. Are there public charts for coin prices indices online? Thanks![/FONT][/FONT][/COLOR][/FONT][/COLOR][/FONT][/QUOTE]
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