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Message:: [QUOTE="GDJMSP, post: 25773, member: 112"]For those that asked - The last time Wall Street became interested in the coin market was the late '80s. The value of coins was rising and this attracted the attention of the money boys. They soon hit upon "investing" in coins. They even created coin stock index funds which traded on the exchange. And all this interest brought more and more money into the coin market. By 1989 it was a runaway train. By the end of '89 - it was a train standing still. The end result of course was that coin prices shot through the roof much like have in past couple of years. And of course the inevitable happend - the bottom dropped out. A coin that sold for $1500 one week sold for $50 the next week. Many ordinary people who had been convinced by coin dealers & brokers to "invest" in coins - lost a whole lot of money. This of course caused a public outcry and the authorities stepped in to investigate. Some of these dealers & brokers ended up getting in a lot of trouble - some went to jail. And "investing" became a very dirty word in the coin market. It took until 1999 for the market to turn around. And now wonder of wonders - Wall Street is again interested in the coin market. Like I said - go buy some cast iron underwear.[/QUOTE]