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<p>[QUOTE="Lehigh96, post: 1417487, member: 15309"]NO Chris, you are completely wrong and just trying to save face. What did the internet and digital photography have to do with 2006 housing or 1999 tech stocks? Those bubbles had very specific causes that are completely unrelated to toned coins and completely related to greed. The 1987 Morgan Dollar event was related to the influx of wall street money and was a very foreseeable bubble. If you think that the prices of toned coins are being artificially inflated, then get to work and provide some proof. I showed you a rainbow toned coin that demonstrated a consistent value over 10 years. In a bubble, the prices shoot up and then crash down, and it doesn't ever take a decade to do so! How many decades need to pass before it is proven Chris? The fundamental difference here Chris is that you view the prices of rainbow toned coins as a market cycle whereas I view them as a stable market.</p><p><br /></p><p>With regards to the demand, yes, it is different this time. I showed that the major cause of the increase in popularity of toned coins was directly related to advancements in technology which can't be repealed. You would have us think that all coin collectors used to like white coins and all of a sudden for no apparent reason, they just decided to switch and like toned coins. Your prediction is equally as ludicrous that they will tire of the tone coins and switch to something else, ANCIENTS perhaps! When I said the demand will continue to rise, I also made the disclaimer that it will not rise at the same rate. New collectors will replace those that pass and the demand will increase enough to absorb new supply and keep the market stable as it has been over the last 10 years.</p><p><br /></p><p>And let's set the record straight since you brought it up. I have only been selling my toned coins since January 2012 out of financial necessity. However, if you research my comments on this subject, you will find they have been consistent since I joined the forum in 2008. Your attempt to label my opinion as financially self serving is low brow as is your final comment that you meant no offense.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 1417487, member: 15309"]NO Chris, you are completely wrong and just trying to save face. What did the internet and digital photography have to do with 2006 housing or 1999 tech stocks? Those bubbles had very specific causes that are completely unrelated to toned coins and completely related to greed. The 1987 Morgan Dollar event was related to the influx of wall street money and was a very foreseeable bubble. If you think that the prices of toned coins are being artificially inflated, then get to work and provide some proof. I showed you a rainbow toned coin that demonstrated a consistent value over 10 years. In a bubble, the prices shoot up and then crash down, and it doesn't ever take a decade to do so! How many decades need to pass before it is proven Chris? The fundamental difference here Chris is that you view the prices of rainbow toned coins as a market cycle whereas I view them as a stable market. With regards to the demand, yes, it is different this time. I showed that the major cause of the increase in popularity of toned coins was directly related to advancements in technology which can't be repealed. You would have us think that all coin collectors used to like white coins and all of a sudden for no apparent reason, they just decided to switch and like toned coins. Your prediction is equally as ludicrous that they will tire of the tone coins and switch to something else, ANCIENTS perhaps! When I said the demand will continue to rise, I also made the disclaimer that it will not rise at the same rate. New collectors will replace those that pass and the demand will increase enough to absorb new supply and keep the market stable as it has been over the last 10 years. And let's set the record straight since you brought it up. I have only been selling my toned coins since January 2012 out of financial necessity. However, if you research my comments on this subject, you will find they have been consistent since I joined the forum in 2008. Your attempt to label my opinion as financially self serving is low brow as is your final comment that you meant no offense.[/QUOTE]
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