Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Yes.. I strongly believe the coin market IS dropping.
>
Reply to Thread
Message:
<p>[QUOTE="Vess1, post: 751888, member: 13650"]Excellent observation. Although I think there's too many variables in your last statement.</p><p> "Very valuable coins" as you put it that, (as I just stated in another thread), will see the most possible fluctuation and speculation because there's so much money involved. Along with fewer sales to go by and fewer available buyers. Very few people own an S-VDB, 14-D or a 55 DD. So what does the chart prove? That it's hard to sell an average, typical $20 - $50 collector coin? I don't think so. There's thousands of buyers. You want to sell a $2k penny? Ok, you might be waiting a while and you might get low balled severely if you need to sell it 'right now' at this moment!</p><p><br /></p><p> Which is why every time Doug brings these up, it seems like we're comparing apples and oranges. I will say the charts provide a more detailed and accurate illustration than we can provide. At least it's something real to look at and argue over. But I think the point it proves is limited.... </p><p> Not to mention, it would appear the people who were buying all throughout the 70s haven't been complaining at any point since. That entire decade was not a small window of opportunity. Who's to say this decade won't be the same? </p><p> Not that I see them as an investment but yes, I would (obviously) rather see an increase in value than a decrease if I had to pick!!</p><p><br /></p><p> Lets also remember that 1970s dollars had "a wee bit" more buying power than 2009 dollars, before we get carried away and worry that the chart is going to come crashing back down to that level again. We also have over a 50% larger U.S. population now than 1970 which had to have some increase on demand since then. If you also factor in 'real' inflation, the long term charts don't look nearly as bad to me. As in longterm. Not year to year.</p><p><br /></p><p> Aside from the key date chart, the past 14 years have been relatively flat. To say the whole market is at the top of a huge spike right now seems very exaggerated, if we're going by these charts.[/QUOTE]</p><p><br /></p>
[QUOTE="Vess1, post: 751888, member: 13650"]Excellent observation. Although I think there's too many variables in your last statement. "Very valuable coins" as you put it that, (as I just stated in another thread), will see the most possible fluctuation and speculation because there's so much money involved. Along with fewer sales to go by and fewer available buyers. Very few people own an S-VDB, 14-D or a 55 DD. So what does the chart prove? That it's hard to sell an average, typical $20 - $50 collector coin? I don't think so. There's thousands of buyers. You want to sell a $2k penny? Ok, you might be waiting a while and you might get low balled severely if you need to sell it 'right now' at this moment! Which is why every time Doug brings these up, it seems like we're comparing apples and oranges. I will say the charts provide a more detailed and accurate illustration than we can provide. At least it's something real to look at and argue over. But I think the point it proves is limited.... Not to mention, it would appear the people who were buying all throughout the 70s haven't been complaining at any point since. That entire decade was not a small window of opportunity. Who's to say this decade won't be the same? Not that I see them as an investment but yes, I would (obviously) rather see an increase in value than a decrease if I had to pick!! Lets also remember that 1970s dollars had "a wee bit" more buying power than 2009 dollars, before we get carried away and worry that the chart is going to come crashing back down to that level again. We also have over a 50% larger U.S. population now than 1970 which had to have some increase on demand since then. If you also factor in 'real' inflation, the long term charts don't look nearly as bad to me. As in longterm. Not year to year. Aside from the key date chart, the past 14 years have been relatively flat. To say the whole market is at the top of a huge spike right now seems very exaggerated, if we're going by these charts.[/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
>
Yes.. I strongly believe the coin market IS dropping.
>
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...