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What To Do With Your Coins In Economic Meltdown???
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<p>[QUOTE="jloring, post: 431308, member: 15518"]I talked to my dad (1916-2006) at length about the economic ups and downs he had lived through... the depression, WWII rationing, the boom times of the 50's, etc.... and there was one common factor: he always remained optimistic in bad times and somewhat pessimistic in good times. He was always conservative, saved his money, was cheap... oops, I mean thrifty, always worked hard, enjoyed his life and his retirement to the fullest. He supported my coin collecting "habit" as a kid back in the 50's, so I think I chose a pretty good hobby. But since I've been out of collecting for so long, what has happened in the past to coin values during economic swings? Can I expect to go into my local coin shop and see prices slashed? Or will values remain basically the same or even increase? I'm not interested in selling, only in buying![/QUOTE]</p><p><br /></p>
[QUOTE="jloring, post: 431308, member: 15518"]I talked to my dad (1916-2006) at length about the economic ups and downs he had lived through... the depression, WWII rationing, the boom times of the 50's, etc.... and there was one common factor: he always remained optimistic in bad times and somewhat pessimistic in good times. He was always conservative, saved his money, was cheap... oops, I mean thrifty, always worked hard, enjoyed his life and his retirement to the fullest. He supported my coin collecting "habit" as a kid back in the 50's, so I think I chose a pretty good hobby. But since I've been out of collecting for so long, what has happened in the past to coin values during economic swings? Can I expect to go into my local coin shop and see prices slashed? Or will values remain basically the same or even increase? I'm not interested in selling, only in buying![/QUOTE]
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