Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Wow, what a divergence of opinion!!
>
Reply to Thread
Message:
<p>[QUOTE="GDJMSP, post: 656609, member: 112"]Yeah it could make huge difference. Bewteen 2004 and 2006 was the peak of the strongest bull market we had seen since 1989. If you took the period from 1990 to 2000 for example - you would see virtually no appreciation whatsoever. And 2 to 5 years from now, you may well see no appreciation from 2000 either. Already a great many coins have dropped 50% in value from what they were in 2004-06.</p><p><br /></p><p>When collecting coins there are 2 things to overcome before a profit can be realized upon sale. First you have the price spread, that alone is typically about 40%. Then you have the market fluctuations - that can vary from 300-500%.</p><p><br /></p><p>And of course we are only talking about good for the grade, problem free coins. Unknowingly buying a problem coin can easily result in you having an 80% spread to overcome.</p><p><br /></p><p>The odds are not in your favor for being successful in this endeavor. But by all means, don't believe me. You'll find out on your own eventually.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 656609, member: 112"]Yeah it could make huge difference. Bewteen 2004 and 2006 was the peak of the strongest bull market we had seen since 1989. If you took the period from 1990 to 2000 for example - you would see virtually no appreciation whatsoever. And 2 to 5 years from now, you may well see no appreciation from 2000 either. Already a great many coins have dropped 50% in value from what they were in 2004-06. When collecting coins there are 2 things to overcome before a profit can be realized upon sale. First you have the price spread, that alone is typically about 40%. Then you have the market fluctuations - that can vary from 300-500%. And of course we are only talking about good for the grade, problem free coins. Unknowingly buying a problem coin can easily result in you having an 80% spread to overcome. The odds are not in your favor for being successful in this endeavor. But by all means, don't believe me. You'll find out on your own eventually.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Wow, what a divergence of opinion!!
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...