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<p>[QUOTE=&quot;Gallienus, post: 3879140, member: 42034&quot;]Well this is exciting news.&nbsp; Somehow it seems that every US coin type [outside of foreign] that I look at is trending higher.&nbsp;&nbsp; Other than declining demographics, one reason the US market may appear to be going down is that there are a ton of slab flippers out there who look for any coin which may be marginally nice for it&#039;s grade.&nbsp; These then buy the coin and resubmit it X times until it gets in a higher slab.</p><p><br /></p><p>Thus for a collector wanting a nice coin, one has to buy a grade higher than expected just to get a collectable mint state specimen.&nbsp; For example I wanted to improve on my 1923 Std. Lib quarter EXF or AU bought years ago (late 1970s) for $12.&nbsp; About 10 years ago I went to a national show and figured out that I couldn&#039;t really get a substantially better one (fully unc without wear on the knee) until I went to nearly a 65 level.&nbsp; I recall a price of around $450 or $500 which was a big jump from $12 for me.</p><p><br /></p><p>Finally in an on-line auction I snagged a common date in a slabbed 65 which had a nice picture (no spots, nicks, etc).&nbsp; It was a lot more than $12 but a lot less than $500.[/QUOTE]</p><p><br /></p>

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