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<p>[QUOTE="Morgan1878, post: 564886, member: 17869"]Generally true..however there are strange times like January of 1980 during the time the Hunt Brothers tried to corner the silver market and the price of silver shot up to $50.00/oz. It crashed to $11/oz two months later. Obviously, a good time to sell crummy melt value stuff..</p><p>but probably not the best time to buy.</p><p> </p><p>Historically, with regard to coin values, as an example, a 1921 Morgan dollar (a very common year) was worth $1 in 1921, now worth $14.00 in VG condition, the least collectible grade, which is a gain of 1400% in 88 years for a very common coin. Not such a bad gain. If you had sold it for melt value in 1980 at the height of the silver market, it would have fetched around $38-$39. All this tells us is like many other markets, coins can be volatile, but for quality the long term trend is rising prices.[/QUOTE]</p><p><br /></p>
[QUOTE="Morgan1878, post: 564886, member: 17869"]Generally true..however there are strange times like January of 1980 during the time the Hunt Brothers tried to corner the silver market and the price of silver shot up to $50.00/oz. It crashed to $11/oz two months later. Obviously, a good time to sell crummy melt value stuff.. but probably not the best time to buy. Historically, with regard to coin values, as an example, a 1921 Morgan dollar (a very common year) was worth $1 in 1921, now worth $14.00 in VG condition, the least collectible grade, which is a gain of 1400% in 88 years for a very common coin. Not such a bad gain. If you had sold it for melt value in 1980 at the height of the silver market, it would have fetched around $38-$39. All this tells us is like many other markets, coins can be volatile, but for quality the long term trend is rising prices.[/QUOTE]
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