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 Replies: 262 / Views: 14,445 |
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Pillar of the Community
 United States
5177 Posts |
Perhaps CCF doesn't think about this, but if (precious) metals keep exploding in price then the majority of coin collectors can pretty much forget about collecting coins.
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Pillar of the Community
United States
3343 Posts |
I see it differently NumisEd. The high prices of PM's have made collectable coins more interesting to me. It's not a great time to be picking up cc half eagles, but it is a great time to get Phoenician shekels.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
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Moderator
 United States
187950 Posts |
Quote:
Perhaps CCF doesn't think about this, but if (precious) metals keep exploding in price then the majority of coin collectors can pretty much forget about collecting coins. Silver has a ways to go, but even then, do not discount the collectibility of base metal coins. |
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Pillar of the Community
United States
5177 Posts |
Unless base metals also explode in price...
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Bedrock of the Community
United States
36684 Posts |
With the silver to gold ratio at 85:1, why would anyone consider buying gold instead of silver? For base metals, look at the price rise in nickel.
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Moderator
United States
187950 Posts |
Quote:
Unless base metals also explode in price... Dude, then we will have way more problems to worry about than whether or not we can afford to collect coins. |
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Valued Member
 United States
311 Posts |
When it rains, it pours. I've never seen an allocation this high from a major firm.  |
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Moderator
United States
187950 Posts |
Quote:
When it rains, it pours. I've never seen an allocation this high from a major firm.  |
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Bedrock of the Community
Australia
21786 Posts |
Over 50 years, my experience has been that
numismatic prices generally,
very loosely track the precious metal price trends.
Other fine art objects generally do the same.
All are tangible assets.
When it is uncertain where prices of other asset classes will trend in the future, such as bonds and stocks, tangible asset classes of investment become a bit more attractive.
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Pillar of the Community
United States
7010 Posts |
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Pillar of the Community
United States
1374 Posts |
Quote:
I've never seen an allocation this high from a major firm. Me either, but IMHO Morgan-Stanleys CIO's track record has been spotty over the past few years  |
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Pillar of the Community
United States
2461 Posts |
the gold price blasted through $3,800 while I was on my nightly bike ride. wow. up up up. $4,000 gold by black friday?  |
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Moderator
United States
187950 Posts |
Quote: the gold price blasted through $3,800 while I was on my nightly bike ride. wow. up up up. $4,000 gold by black friday? Time will tell.   |
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Valued Member
United States
172 Posts |
market shows UP and October is usually a metals high for the year
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Pillar of the Community
United States
2461 Posts |
$4,000 gold by halloween?  |
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Replies: 262 / Views: 14,445 |
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Posted 09/18/2025 9:12 pm
