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With Ecomony down, Will Coin-Prices Go Up ?
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<p>[QUOTE="coleguy, post: 406664, member: 9167"]I won't speculate on the coin market based on the economy, because from what I can tell they are not related or connected at all. As a buyer, my experience has been that coin prices are up, regardless of the fact that a lot of people don't have the disposable incomes they have during times of economic progress. Maybe the reason is people are puting what money they can save into gold and silver until the stock market rebounds, thus placing more demand on a limited supply of coins. These :investments" will undoubtedly lose loads of money when a booming economy drives prices back down when the dollar levels out of inflated status. Thats my idea anyways.</p><p> </p><p>On the bright side, copper coinage seems to still be reasonably priced, so I've been able to focus more on that area lately.</p><p>Guy~[/QUOTE]</p><p><br /></p>
[QUOTE="coleguy, post: 406664, member: 9167"]I won't speculate on the coin market based on the economy, because from what I can tell they are not related or connected at all. As a buyer, my experience has been that coin prices are up, regardless of the fact that a lot of people don't have the disposable incomes they have during times of economic progress. Maybe the reason is people are puting what money they can save into gold and silver until the stock market rebounds, thus placing more demand on a limited supply of coins. These :investments" will undoubtedly lose loads of money when a booming economy drives prices back down when the dollar levels out of inflated status. Thats my idea anyways. On the bright side, copper coinage seems to still be reasonably priced, so I've been able to focus more on that area lately. Guy~[/QUOTE]
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