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What is your favorite U.S. Sleeper?
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<p>[QUOTE="GDJMSP, post: 1360842, member: 112"]How do you define a sleeper ? Most people would respond along these lines - it's a coin that you think will appreciate in value.</p><p><br /></p><p>OK, but there is another part to that answer - when ? Does the sleeper need to appreciate in value in the near future, the far future, or somewhere in between ? Then of course you have to define all 3 of those things and that becomes a bit more problematic.</p><p><br /></p><p>Now some people will say no, no, no - a sleeper has to be a coin that is undervalued. My response would be - if it appreciates in value then it was undervalued wasn't it ?</p><p><br /></p><p>Do you see the problem ? Any coin can appreciate in value. So any coin is potentially a sleeper. But that isn't the answer that people want.</p><p><br /></p><p>When people ask the question what coin do you think is a sleeper what they are really asking is what coin do you think will go up in value, a lot, in the near or very near, future. In other words they want to know what coin is going to suddenly wake up from its slumber and shoot upwards in price. And the only reason they want an answer to that question is so they can buy a lot of those coins and profit from it. Nothing wrong with that.</p><p><br /></p><p>But since nobody has a crystal ball that actually works nobody can ever answer that question. If we could, we'd all be rich. And since we're not all rich ........ well, you get the idea.</p><p><br /></p><p>But we can guess, we can guess to our heart's content. But who's actually going to be right - ever ? Probably nobody. Why ? Because in order for a coin to suddenly shoot up in value the only thing that can happen to cause that is for the popularity of that coin to suddenly increase. But if a coin is a sleeper to begin with, rather I should say if a coin is asleep to begin with, then there is a reason that coin is asleep. It's because it's not a popular coin. And we have lots and lots of unpopular coins. Take your pick. </p><p><br /></p><p>You see the popular coins are already determined, have been for decades. And that's not likely to change. So any coin that is asleep, is likely to stay asleep. So the real answer to the question is this - there is no such thing as a sleeper.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1360842, member: 112"]How do you define a sleeper ? Most people would respond along these lines - it's a coin that you think will appreciate in value. OK, but there is another part to that answer - when ? Does the sleeper need to appreciate in value in the near future, the far future, or somewhere in between ? Then of course you have to define all 3 of those things and that becomes a bit more problematic. Now some people will say no, no, no - a sleeper has to be a coin that is undervalued. My response would be - if it appreciates in value then it was undervalued wasn't it ? Do you see the problem ? Any coin can appreciate in value. So any coin is potentially a sleeper. But that isn't the answer that people want. When people ask the question what coin do you think is a sleeper what they are really asking is what coin do you think will go up in value, a lot, in the near or very near, future. In other words they want to know what coin is going to suddenly wake up from its slumber and shoot upwards in price. And the only reason they want an answer to that question is so they can buy a lot of those coins and profit from it. Nothing wrong with that. But since nobody has a crystal ball that actually works nobody can ever answer that question. If we could, we'd all be rich. And since we're not all rich ........ well, you get the idea. But we can guess, we can guess to our heart's content. But who's actually going to be right - ever ? Probably nobody. Why ? Because in order for a coin to suddenly shoot up in value the only thing that can happen to cause that is for the popularity of that coin to suddenly increase. But if a coin is a sleeper to begin with, rather I should say if a coin is asleep to begin with, then there is a reason that coin is asleep. It's because it's not a popular coin. And we have lots and lots of unpopular coins. Take your pick. You see the popular coins are already determined, have been for decades. And that's not likely to change. So any coin that is asleep, is likely to stay asleep. So the real answer to the question is this - there is no such thing as a sleeper.[/QUOTE]
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