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<p>[QUOTE="GoldFinger1969, post: 2358863, member: 73489"]I have some articles that talk about it and actually created a thread on this at some other sites I belong to, JCP. <i><b><span style="color: #b30000"> If folks want to see the articles and commentary, I can replicate it here.</span></b></i></p><p><br /></p><p><b><span style="color: #0000ff">Short story: </span></b> it wasn't the Hunt's cornering the silver market (that was 1979-80), but a bubble/spike in generic coins (mostly Saints and Morgans) in 1988-1990 that was a result of two factors.</p><p><br /></p><p><b>First, the emergence of the TPGs.</b> By grading the coins, it led to greater assurance that you knew what you were buying AND a more liquid market. PCGS (1986) and NGC (1987) both commenced operations right before the spike.</p><p><br /></p><p><b>Second, the belief that big Wall Street $$$ were going to come into the coin market </b>after the 1987 Stock Market Crash. A small amount came into the coin market in 1987-88 but a few big brokerage firms were said to be readying hundreds of millions to plow into coins. Dealers and collectors tried to jump their move and bought anything and everything of quality.<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 2358863, member: 73489"]I have some articles that talk about it and actually created a thread on this at some other sites I belong to, JCP. [I][B][COLOR=#b30000] If folks want to see the articles and commentary, I can replicate it here.[/COLOR][/B][/I] [B][COLOR=#0000ff]Short story: [/COLOR][/B] it wasn't the Hunt's cornering the silver market (that was 1979-80), but a bubble/spike in generic coins (mostly Saints and Morgans) in 1988-1990 that was a result of two factors. [B]First, the emergence of the TPGs.[/B] By grading the coins, it led to greater assurance that you knew what you were buying AND a more liquid market. PCGS (1986) and NGC (1987) both commenced operations right before the spike. [B]Second, the belief that big Wall Street $$$ were going to come into the coin market [/B]after the 1987 Stock Market Crash. A small amount came into the coin market in 1987-88 but a few big brokerage firms were said to be readying hundreds of millions to plow into coins. Dealers and collectors tried to jump their move and bought anything and everything of quality.:D[/QUOTE]
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