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Why is Morgan Dollar numismatic value dropping?
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<p>[QUOTE="GDJMSP, post: 4046247, member: 112"]Yeah some are. But many collectors just flip coins too. I used to do it myself on a regular basis. That's how I paid for the coins I really wanted to keep. I'd see a raw coin, know what the TPGs would grade it, buy it, then turn around and sell it right away for 3 or 4 times what I paid for it to a dealer usually, because he knew what the TPGs would grade it too. And he knew he'd still come out way ahead of what he paid me !</p><p><br /></p><p>And for the record, I've sold 2 entire collections in my lifetime, each collection all at once. And within 2 maybe 3 months, each one of the coins in my collection were up for sale at various dealers across the country. With each one being offered at double or more what I sold it for.</p><p><br /></p><p>And then ya also wanna think about all the big name collections you see come up in the big auctions all the time. Who do you think those guys are ? They're collectors, SELLING their collections ! So yeah, I get "strong hands". But hands are only strong for so long and then they let go - if they are also smart hands <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /></p><p><br /></p><p>The very best advice I could ever give any collector, and I've done it many times on this forum for as long as I've been on this forum, is this - sell some of your coins once in a while ! For it is only by selling them that you can learn how to buy coins correctly <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 4046247, member: 112"]Yeah some are. But many collectors just flip coins too. I used to do it myself on a regular basis. That's how I paid for the coins I really wanted to keep. I'd see a raw coin, know what the TPGs would grade it, buy it, then turn around and sell it right away for 3 or 4 times what I paid for it to a dealer usually, because he knew what the TPGs would grade it too. And he knew he'd still come out way ahead of what he paid me ! And for the record, I've sold 2 entire collections in my lifetime, each collection all at once. And within 2 maybe 3 months, each one of the coins in my collection were up for sale at various dealers across the country. With each one being offered at double or more what I sold it for. And then ya also wanna think about all the big name collections you see come up in the big auctions all the time. Who do you think those guys are ? They're collectors, SELLING their collections ! So yeah, I get "strong hands". But hands are only strong for so long and then they let go - if they are also smart hands ;) The very best advice I could ever give any collector, and I've done it many times on this forum for as long as I've been on this forum, is this - sell some of your coins once in a while ! For it is only by selling them that you can learn how to buy coins correctly ;)[/QUOTE]
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Why is Morgan Dollar numismatic value dropping?
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