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Thinking of a contest for NGC graded 25th Anniversary Silver Eagle Set at cost
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<p>[QUOTE="cpm9ball, post: 1301667, member: 24633"]You've got to remember that there have been two events which have occurred within the last decade that brought millions of people into the hobby...........</p><p><br /></p><p>1) The State Quarter program.</p><p>2) The nearly 900% increase (at one point) in the price of silver.</p><p><br /></p><p>.........and many of these "collectors" still don't know what they are doing (bidiots). No offense intended!</p><p><br /></p><p>When you also factor in that there have probably been more MS/PF 70's graded in the last 10-12 years than in the previous 50 years (combined) of modern coinage, the result is that pricing is out of control.</p><p><br /></p><p>Unfortunately, those people who think they are investing in a good thing will sadly discover that 10, 20 or 30 or more years down the road, many of these "investments" will lose a substantial amount of their value. If you don't think this will happen, all you have to do is look at what happened to the 1995-W SAE.</p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>
[QUOTE="cpm9ball, post: 1301667, member: 24633"]You've got to remember that there have been two events which have occurred within the last decade that brought millions of people into the hobby........... 1) The State Quarter program. 2) The nearly 900% increase (at one point) in the price of silver. .........and many of these "collectors" still don't know what they are doing (bidiots). No offense intended! When you also factor in that there have probably been more MS/PF 70's graded in the last 10-12 years than in the previous 50 years (combined) of modern coinage, the result is that pricing is out of control. Unfortunately, those people who think they are investing in a good thing will sadly discover that 10, 20 or 30 or more years down the road, many of these "investments" will lose a substantial amount of their value. If you don't think this will happen, all you have to do is look at what happened to the 1995-W SAE. Chris[/QUOTE]
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Thinking of a contest for NGC graded 25th Anniversary Silver Eagle Set at cost
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