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<p>[QUOTE=&quot;GDJMSP, post: 1403855, member: 112&quot;]Here is what happened to prices of mint state gold. Prices today for the same coins are roughly 25% of what they were at the peak. </p><p><br /></p><p>[ATTACH]169320.vB[/ATTACH]</p><p><br /></p><p><br /></p><p>Here is what happened to generic gold - </p><p><br /></p><p>[ATTACH]169321.vB[/ATTACH]</p><p><br /></p><p><br /></p><p>And here is what happened to Proof gold - </p><p><br /></p><p>[ATTACH]169322.vB[/ATTACH]</p><p><br /></p><p><br /></p><p>There was one segment, and only one segment, of the coin market that did not behave in a similar manner during the same time period. That was key dates and rarities. And if you look at the chart for those you see a quite different story. And is this and pretty much this alone which causes many, if not most, to think that collectible coins do nothing but go up. </p><p><br /></p><p>Key dates and rarities are the coins that bring the moon money prices. They are the coins that are reported on in the general media when sales occur. They are the coins that reap the notoriety and hoopla. They are the coins that garner attention.</p><p><br /></p><p>[ATTACH]169326.vB[/ATTACH]</p><p><br /></p><p><br /></p><p>Now, after looking at that chart, if you own key dates and rarities does it make you nervous ? Or make you happy ?</p><p><br /></p><p>The peak in that market occurred in very recent times. The huge run up in prices occurred in the past 10 years. Does anything come to mind when you look at that chart ? Words and phrases like irrational exuberance and bubble perhaps ? Or maybe all those other charts and what happened after a huge spike in prices ?</p><p><br /></p><p>Food for thought <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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