Coin Prices During Recessions

Yup, it happens. More often when heirs or thieves are ignorant to what they have. However, desperate times could lead a collector to cut and run.

The stuff I follow, which is not too focused, seems to be holding or maybe a tad strong this year. I haven't felt like there are too many great deals out there at the moment. Best deal I found was simply a mis-identified piece on ebay I grabbed at maybe 20% it's actual value. But like others have said, that's a result of ignorance moreso than market conditions in the buyer's favor, and those who have collected long enough all have a few stories of getting lucky.

i can answer from only personal experience of collecting for over 50 years. over that period of time most if not all coins in my collection have increased in value. some during times of recession. however, based on the percentage of returns if those funds were invested in a conservative mutual fund over that same period I believe they would have increased significantly more.

there are a couple factors though that alter that opinion. one would be higher grade key coins which are always in demand and increase at a higher rate than non-keys. I'm a collector first and an investor second so I purchased coins to fill holes that have never increased in value.

would I have changed what I did? probably not as I purchased the best coin I could for the price I could afford at the time.

regarding recession prices. from a personal point of view I tend to pull back in purchases during those periods. does this affect the overall value of the market I'm not sure as this doesn't mean that others do the same. however this would be a prudent time to purchase those higher end key coins if they drop in value. the old adage still stands. buy low, sell high. at some point in your life you may want or need to sell them

Accurate and honest.