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<p>[QUOTE="zumbly, post: 2003816, member: 57495"]I think you make some interesting points, but I'm not sure if anything very meaningful can be said about coins as an asset class class in general. I mean, firstly, are we talking about $50 coins, $5000 coins, $50,000 coins? Even within price bands, there's inevitably going to be a huge diversity of types, some of which may see their values increase significantly in a short amount of time for whatever reason, and others which may stay stagnant or even drop over a longer period. </p><p><br /></p><p>I'm not sure if anyone has made a serious study of coin values, but the Harlan Berk book of 100 Greatest Coins has many examples of 'great' coins whose prices over the last 30 or 40 years seem to have fluctuated quite wildly. For example, he says that EF Aegina Sea Turtle staters were $5000 in the late 80s, then at some point dropped to $2000 because a large supply came onto the market, but by 2008 were back up to $5000. Others in the meantime quadrupled their value in the same time period. </p><p><br /></p><p>Just speaking for myself, though, I'm fairly certain if I had to worry about how my coins were doing as an investment, I would probably enjoy them less than if I were to be able to just appreciate them as pure numismatic and artistic pleasure.[/QUOTE]</p><p><br /></p>
[QUOTE="zumbly, post: 2003816, member: 57495"]I think you make some interesting points, but I'm not sure if anything very meaningful can be said about coins as an asset class class in general. I mean, firstly, are we talking about $50 coins, $5000 coins, $50,000 coins? Even within price bands, there's inevitably going to be a huge diversity of types, some of which may see their values increase significantly in a short amount of time for whatever reason, and others which may stay stagnant or even drop over a longer period. I'm not sure if anyone has made a serious study of coin values, but the Harlan Berk book of 100 Greatest Coins has many examples of 'great' coins whose prices over the last 30 or 40 years seem to have fluctuated quite wildly. For example, he says that EF Aegina Sea Turtle staters were $5000 in the late 80s, then at some point dropped to $2000 because a large supply came onto the market, but by 2008 were back up to $5000. Others in the meantime quadrupled their value in the same time period. Just speaking for myself, though, I'm fairly certain if I had to worry about how my coins were doing as an investment, I would probably enjoy them less than if I were to be able to just appreciate them as pure numismatic and artistic pleasure.[/QUOTE]
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