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<p>[QUOTE="scottishmoney, post: 481050, member: 12789"]I agree with her that the market is going to bomb out after the FUN sale, because the economy is tanking in the toilet. Where I diverse in opin is that CAC, PCGS, NGC etc are all going to be fairly meaningless in the next few months to several years. Wanna know why so much choice materiel has entered the market lately?</p><p><br /></p><p>It is because the people in the know are unloading this stuff off on sops while the getting out is good. Pretty soon a lot of this choice materiel is going to make some dramatic and gut wrenching price drops.</p><p><br /></p><p>Face it, when you have $600K a year guys going around with placards on their necks looking for work, and half a million people losing their jobs in one month - the fun is only beginning.</p><p><br /></p><p>Coins are excess for a lot of people, and if you have too much tied up into them - it is time to get rid of them - quickly - if you think in the near future that you might have to draw on the funds tied up in them.</p><p><br /></p><p>For the more fortunate collectors with dosh to let, this is a fantastic time to buy in the next years. Prices will be ridiculously low for a lot of stuff being sold off on fire sale prices by people having to unload it to make mortgage, taxes, cost of living etc.[/QUOTE]</p><p><br /></p>
[QUOTE="scottishmoney, post: 481050, member: 12789"]I agree with her that the market is going to bomb out after the FUN sale, because the economy is tanking in the toilet. Where I diverse in opin is that CAC, PCGS, NGC etc are all going to be fairly meaningless in the next few months to several years. Wanna know why so much choice materiel has entered the market lately? It is because the people in the know are unloading this stuff off on sops while the getting out is good. Pretty soon a lot of this choice materiel is going to make some dramatic and gut wrenching price drops. Face it, when you have $600K a year guys going around with placards on their necks looking for work, and half a million people losing their jobs in one month - the fun is only beginning. Coins are excess for a lot of people, and if you have too much tied up into them - it is time to get rid of them - quickly - if you think in the near future that you might have to draw on the funds tied up in them. For the more fortunate collectors with dosh to let, this is a fantastic time to buy in the next years. Prices will be ridiculously low for a lot of stuff being sold off on fire sale prices by people having to unload it to make mortgage, taxes, cost of living etc.[/QUOTE]
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