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<p>[QUOTE="Kryptonitecomic, post: 1094158, member: 26784"]Another good reason for this thread is it clearly attests to the market volatility over the past 5 years with regards to toned coins. Those of us in the market are very aware of the eb and flow but beginners jumping into the deep end with large premiums can quickly get in over their heads. I once bought a coin in 2009 from Sunnwood on the PCGS forums who put together one of the greatest if not the greatest set of toned Morgans on the planet. He had paid $1800 for the coin but as the market took a downward turn along with the economy he knew that the market value for the coin had dropped considerably. He offered me the coin for $1000 and I quickly purchased it. I have been on the wrong side of these deals a few times and while it wasn't pleasant...I knew fully what I was getting into. I think the point that Doug and a few others have tried to make in this thread is exactly that, even if I don't agree with the way they have gone about it at time.[/QUOTE]</p><p><br /></p>
[QUOTE="Kryptonitecomic, post: 1094158, member: 26784"]Another good reason for this thread is it clearly attests to the market volatility over the past 5 years with regards to toned coins. Those of us in the market are very aware of the eb and flow but beginners jumping into the deep end with large premiums can quickly get in over their heads. I once bought a coin in 2009 from Sunnwood on the PCGS forums who put together one of the greatest if not the greatest set of toned Morgans on the planet. He had paid $1800 for the coin but as the market took a downward turn along with the economy he knew that the market value for the coin had dropped considerably. He offered me the coin for $1000 and I quickly purchased it. I have been on the wrong side of these deals a few times and while it wasn't pleasant...I knew fully what I was getting into. I think the point that Doug and a few others have tried to make in this thread is exactly that, even if I don't agree with the way they have gone about it at time.[/QUOTE]
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