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Some MS 67 Lhcs 'Really' Merit A Revisit-Dramatic $ Changes Over The Years

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Pillar of the Community
cladking's Avatar
United States
2273 Posts
 Posted 08/28/2016  4:22 pm  Show Profile   Bookmark this reply Add cladking to your friends list Get a Link to this Reply

Quote:
I think it is something of a bubble and will fade in time because once people start making the observation you made about the price at that grade they will start searching rolls for them and supply will increase. I definitely would not look at these coins as an investment. Instead, do your searching now, if you find really nice ones that you think will get an MS67 send it in, and then sell that coin right away while the prices are high. Then take that money and buy a coin that really does qualify as an investment


Say what you will about their investment potential but no other US coins could exhibit a hundred fold increase in demand: Only moderns and only because the demand is so tiny.
Time don't fly, it bounds and leaps.
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