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<p>[QUOTE="Cloudsweeper99, post: 94703, member: 3011"]My opinion only...</p><p><br /></p><p>There is both speculation and value in the coin market. I think collectors are overpaying for many very high grade and key date coins because the prices have gone up fairly steadily for a pretty long time. So they are speculating on a continuation of the past pattern of price increases. I think they are the ones most likely to be burned. On the value side, there are some gold and silver coins out there that sell near or at modest premiums to their bullion value. The problem with this approach is that most people fall in love with the idea of owning certain coins or sets and don't necessarily want what is relatively inexpensive and/or unpopular. So maybe I'm lucky in that I can be happy owning just about anything provided it seems like a bargain at the time I purchase it.</p><p><br /></p><p>The wildcard lies outside of the numismatic market and could be a blind spot for the experts expecting prices to decline. That is the fate of the US dollar. If it resumes it's decline, as some observers expect, today's coin prices could appear reasonable or even cheap ten years from now.</p><p><br /></p><p>So coin prices seem high, and are high, but may not be as high as they seem and could go a lot higher. When you say "Will the prices fall - absolutely", you could be disappointed. Nothing is absolute in an economy with a declining currency.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 94703, member: 3011"]My opinion only... There is both speculation and value in the coin market. I think collectors are overpaying for many very high grade and key date coins because the prices have gone up fairly steadily for a pretty long time. So they are speculating on a continuation of the past pattern of price increases. I think they are the ones most likely to be burned. On the value side, there are some gold and silver coins out there that sell near or at modest premiums to their bullion value. The problem with this approach is that most people fall in love with the idea of owning certain coins or sets and don't necessarily want what is relatively inexpensive and/or unpopular. So maybe I'm lucky in that I can be happy owning just about anything provided it seems like a bargain at the time I purchase it. The wildcard lies outside of the numismatic market and could be a blind spot for the experts expecting prices to decline. That is the fate of the US dollar. If it resumes it's decline, as some observers expect, today's coin prices could appear reasonable or even cheap ten years from now. So coin prices seem high, and are high, but may not be as high as they seem and could go a lot higher. When you say "Will the prices fall - absolutely", you could be disappointed. Nothing is absolute in an economy with a declining currency.[/QUOTE]
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