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Yes.. I strongly believe the coin market IS dropping.
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<p>[QUOTE="bhp3rd, post: 749179, member: 16510"]<b>Welcome to coin collecting 101 - the coins you mentioned should</b></p><p><br /></p><p><br /></p><p> </p><p> Welcome to coin collecting 101 - the coins you mentioned should go up and down they are not rare coins at all. </p><p>A month from now measures or shows nothing absolutly nothing at all.</p><p>Coins can (and should) be tracked over five and ten years time span.</p><p>These modern coins can be tracked over shorter peroids (a year or two) but still that will tell you very little because there are no modern rarities.</p><p>If you want to learn about coins performance over long peroids of time the Grey Sheet offers those type charts.</p><p>The appreciation on coins overall is really very simple except for just a few (and far between) examples. The market rises about 10 to 15% over 10 to 15 years and only then if you are very differsified.</p><p>If you had wanted to make profit quicker you should have bought some of the fractional Buffalo gold esp. the quarter ounce last Feb. these have performed well.</p><p>If you really want to make money over a long peroid of time forget coins altogether unless you can muster the ability to study very hard and learn why modern coins are a dump and waist of time.</p><p>Again and again I must insist most tried and true coin colletors are not in it for the money, that comes second and is a bonus.</p><p> </p><p>If you want a tip that will make money in 10 years here it is:</p><p> </p><p>Buy 1-MS-64 Red 1914-D Lincoln (if you can find one) in a PCGS holder.</p><p>1-1922-no "D" Lincoln in an PCGS AU-50 holder (if you can find one).</p><p>1-1916-D Dime in an PCGS XF-45 holder.</p><p>1-1927-S Quarter in a PCGS VF-35 holder.</p><p>1-1912-S Nickle in a PCGS VF-35 holder (if you can find one).</p><p> </p><p>There are many others but none after 1942 at all. Buy these coins, wait 10 years and you will make money. But even then with these coins perfectly graded will you not make much more than 20% or so. Maybe a little more on the first 2.</p><p> </p><p>It is and always will be the ones we are reluctant to buy (because they are so high) to begin with that will go up in value. They are always key date coins from classic coin series that collectors, always need, have very low mintages that will go up in value.</p><p> </p><p>The factors are: popularity,, low mintage,, current supply,, demand,, and most important before 1942.</p><p> </p><p>Even with all this said and followed you will probably not even make a fraction of the profit (with coins) you could have if you took your money and bought fixer up houses that have been forclosed on now and fixed them up some and rented or flipped them in the next 2 years as the economy improves.[/QUOTE]</p><p><br /></p>
[QUOTE="bhp3rd, post: 749179, member: 16510"][b]Welcome to coin collecting 101 - the coins you mentioned should[/b] Welcome to coin collecting 101 - the coins you mentioned should go up and down they are not rare coins at all. A month from now measures or shows nothing absolutly nothing at all. Coins can (and should) be tracked over five and ten years time span. These modern coins can be tracked over shorter peroids (a year or two) but still that will tell you very little because there are no modern rarities. If you want to learn about coins performance over long peroids of time the Grey Sheet offers those type charts. The appreciation on coins overall is really very simple except for just a few (and far between) examples. The market rises about 10 to 15% over 10 to 15 years and only then if you are very differsified. If you had wanted to make profit quicker you should have bought some of the fractional Buffalo gold esp. the quarter ounce last Feb. these have performed well. If you really want to make money over a long peroid of time forget coins altogether unless you can muster the ability to study very hard and learn why modern coins are a dump and waist of time. Again and again I must insist most tried and true coin colletors are not in it for the money, that comes second and is a bonus. If you want a tip that will make money in 10 years here it is: Buy 1-MS-64 Red 1914-D Lincoln (if you can find one) in a PCGS holder. 1-1922-no "D" Lincoln in an PCGS AU-50 holder (if you can find one). 1-1916-D Dime in an PCGS XF-45 holder. 1-1927-S Quarter in a PCGS VF-35 holder. 1-1912-S Nickle in a PCGS VF-35 holder (if you can find one). There are many others but none after 1942 at all. Buy these coins, wait 10 years and you will make money. But even then with these coins perfectly graded will you not make much more than 20% or so. Maybe a little more on the first 2. It is and always will be the ones we are reluctant to buy (because they are so high) to begin with that will go up in value. They are always key date coins from classic coin series that collectors, always need, have very low mintages that will go up in value. The factors are: popularity,, low mintage,, current supply,, demand,, and most important before 1942. Even with all this said and followed you will probably not even make a fraction of the profit (with coins) you could have if you took your money and bought fixer up houses that have been forclosed on now and fixed them up some and rented or flipped them in the next 2 years as the economy improves.[/QUOTE]
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