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<p>[QUOTE="medoraman, post: 1073238, member: 26302"]Collect what you love, great advice. Some of us who have seen the market for much longer than you simply are reminding people of history and how it tends to repeat. </p><p><br /></p><p>I love it when someone enjoys coin collecting. I know you enjoy your coins, great stuff, and I am happy for you.</p><p><br /></p><p>I have never said the sky is falling on this market, just that its MUCH less sure that someone is getting fair value since there is no quantification mechanism. But, if you buy a coin for $100 and get $100 enjoyment out of it, then any financial return is simply gravy. This goes for any collecting specialty. Maybe this isn't emphasized enough. But, many people collect wanting to know this money will not evaporate in the future. I would not classify their concerns as purely being speculative.</p><p><br /></p><p>It must be nice to be able to determine after a few years that this is a seismic shift in a market that will never change, "1000% guaranteed". Not to be rude, but the EXACT same language was used in 1998 for internet stocks, in 1965 for rolls of coins, in 1986 for MS65 morgans, in 2006 for housing, etc. I am not saying you are wrong, just saying most people who vehemently defend that "things are different" tend to be very involved in the market they are referring to, and have a large financial stake in it as well.</p><p><br /></p><p>I am going to stop posting about toned coins altogether. Maybe I read too much history, and remember too much. I am not here to make enemies.</p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1073238, member: 26302"]Collect what you love, great advice. Some of us who have seen the market for much longer than you simply are reminding people of history and how it tends to repeat. I love it when someone enjoys coin collecting. I know you enjoy your coins, great stuff, and I am happy for you. I have never said the sky is falling on this market, just that its MUCH less sure that someone is getting fair value since there is no quantification mechanism. But, if you buy a coin for $100 and get $100 enjoyment out of it, then any financial return is simply gravy. This goes for any collecting specialty. Maybe this isn't emphasized enough. But, many people collect wanting to know this money will not evaporate in the future. I would not classify their concerns as purely being speculative. It must be nice to be able to determine after a few years that this is a seismic shift in a market that will never change, "1000% guaranteed". Not to be rude, but the EXACT same language was used in 1998 for internet stocks, in 1965 for rolls of coins, in 1986 for MS65 morgans, in 2006 for housing, etc. I am not saying you are wrong, just saying most people who vehemently defend that "things are different" tend to be very involved in the market they are referring to, and have a large financial stake in it as well. I am going to stop posting about toned coins altogether. Maybe I read too much history, and remember too much. I am not here to make enemies. Chris[/QUOTE]
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