Are Canadian Decimal Prices Hitting Bottom

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Author	Replies: 5 / Views: 1,726
macdon Valued Member Canada 495 Posts	Posted 10/18/2014 8:36 pm I was informed by a dealer that decimal prices are going way down from 2 years ago curious why * Moved by Staff to a more appropriate forum. * Report this Post to the Staff

DBM Pillar of the Community Canada 9864 Posts	Posted 10/18/2014 9:31 pm They haven't hit bottom yet IMO. It's simply a matter of supply and demand, too many coins and too few buyers. "Dipping" is not considered cleaning... -from PCGS website Report this Post to the Staff
Pacificoin Pillar of the Community Canada 5394 Posts	Posted 10/18/2014 11:30 pm Depends on what you are selling. We just had a great show at the Portland PNNA show. I would not be so negative on the coin market. Good coins are still finding homes. That said if you have the usual ho hum stuff that most Canadians accumulate,yup the market sucks. Report this Post to the Staff
Alex A Pillar of the Community 710 Posts	Posted 10/20/2014 09:07 am Yup, agree with DBM. Don't see anything that will change the trend either. I wonder how the large coin auctions will survive with their premiums? Report this Post to the Staff
Vancouver IslandCoinKid Forum Kid Canada 1074 Posts	Posted 10/20/2014 10:24 am We need more avid collectors willing to spend a little... but yes I agree with pacific coin on this one, not only are the rare coins selling but they are selling at or around what they should be getting. Report this Post to the Staff
kuh_85 Pillar of the Community Canada 2366 Posts	Posted 10/20/2014 2:24 pm Yes the 'average' circulation coin 'average' price has dropped noticeably over the last 2 years. Primarily because of the recession and the drop in PM prices after that IMHO. Seems to have levelled out this year though. Maybe bottomed out. Maybe a bit of a dead cat bounce. NCLT markets are still heading down though. Report this Post to the Staff
	Replies: 5 / Views: 1,726

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