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Were prices of rare coins super inflated in the 80s or was Heritage lying?
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<p>[QUOTE="quartertapper, post: 1402686, member: 16104"]What happened in the 80s is what happens in any market when "outsiders" start buying/selling/trading for investments or just plain money making. By outsiders I am referring to people who have no interest in the hobby, other than trying to make a few bucks. There have been inflated prices to a much smaller extent in recent years in certain series more recently, but nothing like the Morgan dollars in the 80s. And most of these price bubbles were caused by trends within the hobby, rather than Wall Street type trading.[/QUOTE]</p><p><br /></p>
[QUOTE="quartertapper, post: 1402686, member: 16104"]What happened in the 80s is what happens in any market when "outsiders" start buying/selling/trading for investments or just plain money making. By outsiders I am referring to people who have no interest in the hobby, other than trying to make a few bucks. There have been inflated prices to a much smaller extent in recent years in certain series more recently, but nothing like the Morgan dollars in the 80s. And most of these price bubbles were caused by trends within the hobby, rather than Wall Street type trading.[/QUOTE]
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Were prices of rare coins super inflated in the 80s or was Heritage lying?
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