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<p>[QUOTE=&quot;Cloudsweeper99, post: 618753, member: 3011&quot;]I&#039;ve noticed that key date coins have risen in price faster than the others in the same series for years until the prices have become [in my opinion] just too high.&nbsp; This is reinforced by people noticing the trend and advising other to buy the key dates first or to even only buy key dates regardlessof price.&nbsp; So the rising prices become self-reinforcing.&nbsp; I don&#039;t know first hand about the grade bumps, but it seems plausible, adding fuel to the fire.&nbsp; The quote about the grade being correct when it was graded sounds very similar to the justification for absurdly high prices for tech stocks in the late 90s -- the price must be correct because that&#039;s what the market price is.</p><p><br /></p><p>The conclusion is that it seems likely that we are in a key date bubble.&nbsp; Like other bubbles, nobody knows how high it will go or for how long.&nbsp; Market bubbles, including coin market bubbles, can last much longer and go much higher than anyone expects.&nbsp; But, like all other bubbles, this one will break someday and those who paid up for the key dates had better be mentally prepared to see much lower prices for some of their favorite coins and still be happy to own them.[/QUOTE]</p><p><br /></p>

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