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<p>[QUOTE=&quot;calcol, post: 4509575, member: 77639&quot;]If the recession is significantly worse than 2008, good chance mid-priced coins will decline in value.&nbsp; It will take a while for folks who are getting government support checks, like covid-19 relief and unemployment, to exhaust that source of income and for them to exhaust their savings.&nbsp; This may be extended by additional funds provided by the US government.&nbsp; But even with the good standing of the US Treasury and Fed, there is a limit to how much they can borrow to distribute to the citizenry.&nbsp; Eventually, the unemployed will face the prospect of losing their houses, cars, etc..&nbsp; They can postpone this for a while by selling non-essential tangible property like jewelry, bullion, second car, coins, etc.</p><p><br /></p><p>By mid-priced coins, I mean ones that are valued significantly above melt value but are not in the mid-five-figure and up category.&nbsp; PM coins will have their melt floor, which might even go up for a while.&nbsp; The really expensive coins are bought by folks with lots of moolah, and most of them will be able to keep their collection and add to it.&nbsp; It&#039;s folks who have bought coins for a few hundred bucks to low five-figures that will be faced with losing their house or selling the collection.&nbsp; When that happens, increased supply will diminish price.</p><p><br /></p><p>It&#039;s sad, but a lot of folks will have to decide whether to sell the collection, which they love and into which they have put so much work,&nbsp;&nbsp; or lose their house.&nbsp; Even sadder,&nbsp; they eventually may lose both. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie3" alt=":(" unselectable="on" unselectable="on" /></p><p><br /></p><p>Cal[/QUOTE]</p><p><br /></p>

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