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 Replies: 25 / Views: 3,606 |
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Pillar of the Community
United States
3540 Posts |
Prices are falling on coins in general...and collector coins specifically. Looked at any TPG slabbed coin prices realized in recent auctions? Definitely will affect the grey sheet pricing. So....COLLECTORS will be able to come back to the market. |
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Bedrock of the Community
United States
11951 Posts |
I never left ....  |
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Pillar of the Community
United States
2543 Posts |
COLLECTORS never left the market!
Hoarders, stackers, flippers ..... are not collectors.
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Pillar of the Community
United States
898 Posts |
This is good news as far as I'm concerned! Lower prices = time to buy more!
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Pillar of the Community
 United States
5828 Posts |
 I, for one, never left. In fact, I joined.. |
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Pillar of the Community
United States
6370 Posts |
Quote:
Hoarders, stackers, flippers ..... are not collectors. Don't forget about investors! |
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Pillar of the Community
 United States
3540 Posts |
Agree, collectors never left, but definitely not buying as often.
So....I am sure that I AM a collector, but I definitely bought and sold silver, using the profits to further my collection. Not sure what that makes me. (capitalist maybe?)
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New Member
United States
22 Posts |
Quote:
Prices are falling on coins in general...and collector coins specifically. Nowadays, Silver type coins and Classic silver Commems is an excellent buy. |
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Pillar of the Community
 Canada
5393 Posts |
No not all prices are falling. The readily available , pedestrian , easy to find stuff is having a tough time . Better stuff is still selling.Personally we are having a very good year in 2015 so far and 2014 was not too shabby either. Solid hard to find US type coins, better Canadian , and real nice World coins will always find a good home. The true collector may be slowing down a bit , but has hardly disappeared from the market.
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Pillar of the Community
United States
3540 Posts |
Might check the most recent auctions. Prices are off for quality, collectible coins. Discussion on another forum about the prices realized versus any price guide.
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Bedrock of the Community
Australia
21786 Posts |
It depends what you mean by 'Collector coins'.
If that means modern NCLT produced specifically for the collector in the last 40 years or so,
then there will be a general trend for them to slowly approach the melt price over the long term.
The volume of coins in this category is growing faster than the combined volume of investors stackers flippers and hoarders.
There will always be notable exceptions in to this trend.
Silver will always attract interest, but that will vary, according to the combined judgement of the above group.
There will always be collectors out there, but they are not really looking at the potential future value of what they buy.
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Pillar of the Community
Canada
5393 Posts |
All I worry about is the prices that we realize and as stated we are pretty happy with our current bottom line. Price guides and comparisons with prices realized will drive one nuts. Trouble is price guides do not sell coins people do. There is still lots happening out there at auctions and coin shows. Attend a few and try buying some rarities and in the grade pieces. Guess what they are still going to cost real money. We just ignore the doom and gloom and carry on! The coin business is far from being dead, in fact it is far from being even sick.
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Bedrock of the Community
Australia
21786 Posts |
"Buy in gloom and sell in doom" |
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Pillar of the Community
United States
4085 Posts |
I was watching coins during the live auction on Heritage the other night. A run of Jeffersons was going for way below all the guides listed in the auction - PCGS, Numismedia, Greysheet, etc. Like greyshet would be $185 and these were going for $50. But then the bust Half Dimes came next and those were going for right at the guide price. So I think it depends. Older classic coins seem to be holding value pretty well; more modern stuff not so much. |
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Bedrock of the Community
United States
11951 Posts |
I agree with acloco I have seen the prices of some key date coins trending down. I know I bought my XF 1909S vdb a few years ago, and recently I have seen AU coins, I could have bought for less than I paid for the XF. I have been watching 1914D,s, same thing I can buy a VF for what I paid for a Fine. If the prices keep trending down, I can see myself upgrading some of my keys. Also with silver down from it's high, I feel it is a good time to cherry pick the 90% silver buckets and the Morgan dollar bins. The VF/XF Mercury and Walkers seem like a very good deal right now. |
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Bedrock of the Community
United States
20753 Posts |
I go to about 2 to 4 coin shows a Month. There the prices are sort of always either the same or up. Just remember what you see on the internet may not be real. And also remember on the internet you pay stuff like insurances, postage, handling, etc. Lost in mail, wrong coins sent, not what you saw in their photos, etc. Just can't trust the coins on the internet.
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Replies: 25 / Views: 3,606 |
Posted 04/24/2015 4:47 pm
