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<p>[QUOTE="Prethen, post: 44066, member: 1756"]I realize that coins with killer eye-appeal, truly rare, semi-key, key, and 69/70 stuff is going for stronger and stronger money, but what the heck is going on with the Type market?</p><p><br /></p><p>In my myopic view of the market, when viewing current price lists and dealers' inventories, it appears that Type coins might actually be softening rather than strengthening with the supposedly growing collector base. Yes, collectors first start off in moderns, but where's all the action in the mid-grade circulated (VF+) Type coins? I've seen some relatively nice stuff in Seated material (not dollars though, can't find many of those), Large Cents, and even halfway decent 2-cent material going for around wholesale to the public. To be honest, I'm afraid to even look at eBay because those prices are likely even lower than what I've been seeing because those auctions tend to go to the bottom feeders (but not always). To add salt to these "wounds", in large part, most type series prices have barely budged in the past few years or so. </p><p><br /></p><p>I keep hearing that dealers' inventories are "tight" and that there's no material. Yet, funny enough, when I do see material, I don't see the pricing pressure. Is there any pricing pressure on circulated 19th century type coins? Are they really so common that there's so much supply to cover the puny demand? I've often wondered at the true surviving numbers of some of the most common Seated stuff, along with 3CN and 2-centers and it boggles the mind that there really is still a bunch of supply out there....or is it just a virtually non-existent demand? What makes it more interesting is that the surviving number of non-problem coins and non-harshly cleaned coins is probably much smaller than most would believe.</p><p><br /></p><p>I'm curious as to your thoughts on this, even if it's an area you don't care about, you might have some insight based on recent personal experience. Modern crap is doing gangbusters (apparently) but what's happening with the circulated 19th century stuff? Old hat? Not enough people care any more? They'd rather buy it for melt or less? </p><p><br /></p><p>Bruce[/QUOTE]</p><p><br /></p>
[QUOTE="Prethen, post: 44066, member: 1756"]I realize that coins with killer eye-appeal, truly rare, semi-key, key, and 69/70 stuff is going for stronger and stronger money, but what the heck is going on with the Type market? In my myopic view of the market, when viewing current price lists and dealers' inventories, it appears that Type coins might actually be softening rather than strengthening with the supposedly growing collector base. Yes, collectors first start off in moderns, but where's all the action in the mid-grade circulated (VF+) Type coins? I've seen some relatively nice stuff in Seated material (not dollars though, can't find many of those), Large Cents, and even halfway decent 2-cent material going for around wholesale to the public. To be honest, I'm afraid to even look at eBay because those prices are likely even lower than what I've been seeing because those auctions tend to go to the bottom feeders (but not always). To add salt to these "wounds", in large part, most type series prices have barely budged in the past few years or so. I keep hearing that dealers' inventories are "tight" and that there's no material. Yet, funny enough, when I do see material, I don't see the pricing pressure. Is there any pricing pressure on circulated 19th century type coins? Are they really so common that there's so much supply to cover the puny demand? I've often wondered at the true surviving numbers of some of the most common Seated stuff, along with 3CN and 2-centers and it boggles the mind that there really is still a bunch of supply out there....or is it just a virtually non-existent demand? What makes it more interesting is that the surviving number of non-problem coins and non-harshly cleaned coins is probably much smaller than most would believe. I'm curious as to your thoughts on this, even if it's an area you don't care about, you might have some insight based on recent personal experience. Modern crap is doing gangbusters (apparently) but what's happening with the circulated 19th century stuff? Old hat? Not enough people care any more? They'd rather buy it for melt or less? Bruce[/QUOTE]
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