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<p>[QUOTE=&quot;GoldFinger1969, post: 2103861, member: 73489&quot;]That&#039;s what I haven&#039;t been able to understand since I don&#039;t run my own business (yet) and certainly not a coin shop.</p><p><br /></p><p>If a coin dealer/LCS is continually buying coins (inventory) then he can sell as prices move lower.&nbsp; But if he buys most/all high -- if he bets on rising prices -- then he is screwed because what can he sell, right ?&nbsp; If you go out and buy coins and bullion when gold is at $1,600/oz. and then gold is $1,200/oz. and numismatics are equally lower, then what do you do ?</p><p><br /></p><p><br /></p><p><b><i>MSD, are you saying that prices are sticky on the downside ?</i></b>&nbsp; I would agree...that&#039;s basic human resistance to lower prices or forces that accompany lower prices.</p><p><br /></p><p>With bullion going lower, if it stays low, eventually premiums on Saints (and other coins that trade largely off gold) will fall. Obviously, coins not tied to gold like nickles/dimes/etc. will trade on their own supply/demand.[/QUOTE]</p><p><br /></p>

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