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<p>[QUOTE=&quot;GDJMSP, post: 2881707, member: 112&quot;]And that could easily partially explain why so many coins are currently overpriced. Think about it, it&#039;s kind of like what happens when the bullion markets drop quickly and significantly. The stock that dealers had on hand was purchased at significantly higher prices. And they just are not willing to sell it at current prices and take such a loss. So they hang on to it and keep their asking prices well above the current market level.</p><p><br /></p><p>Same kinda thing happens with coins. For 10 years the coin market has done nothing but drop. On the whole it is currently at a level not seen since 2003 - and it&#039;s still going down. So, some dealers just aren&#039;t willing to let their coins go at current market rates. Which in turn makes their asking prices over-priced.</p><p><br /></p><p>Now eventually in both cases they usually give in and start letting things go. But this bear market has lasted 10 years, and I&#039;m not aware of one that has ever lasted that long. So, some may be saying enough is enough, I&#039;m not going to lower my prices anymore than I already have. I&#039;ve taken all the losses I&#039;m going to take.[/QUOTE]</p><p><br /></p>

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