Classic Gold Commems Price Inflection

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Author	Replies: 7 / Views: 1,025
jimbucks Pillar of the Community United States 4691 Posts	Posted 02/20/2021 8:57 pm After a decades long price decline on classic gold commemoratives, it looks like the prices are now inflecting with strong demand. Time will tell if this is sustainable. Anyone else noticing this trend? Here is an example. Price history of 1922 Grant with Star $1 gold in MS-66. Quite dramatic. Edited by jimbucks 02/21/2021 01:40 am Report this Post to the Staff

macmercury Pillar of the Community United States 5822 Posts	Posted 02/21/2021 01:17 am I think inflation is a good reason why prices has gone up, price of gold going up also hike up price as well. Report this Post to the Staff
norantyki Valued Member 404 Posts	Posted 02/21/2021 08:14 am Agreed with macmercury - people are buying up virtually all asset classes to keep out of cash. In my experience, gold bumps and inflationary periods do bring fresh blood into the hobby, some of whom stick around when the music stops. Report this Post to the Staff
jimbucks Pillar of the Community United States 4691 Posts	Posted 02/21/2021 5:12 pm Inflation? What inflation? Report this Post to the Staff
Greasy Fingers Pillar of the Community United States 6997 Posts	Posted 02/22/2021 01:31 am How about letting me know what the grade was on your 1926 Sesquicentennial gold 2.50 piece....Thanks Report this Post to the Staff
PNWType Pillar of the Community United States 561 Posts	Posted 02/22/2021 03:05 am Forgive me if I'm missing something but I don't see the inflection you speak of in that example. The line continues to move downward with no hint of popping back up even into 2020, in fact it even looks like the price is dropping in an even shorter time as recent years go by Report this Post to the Staff
machine20 Pillar of the Community United States 1272 Posts	Posted 02/22/2021 3:51 pm looks like an all-time low to me Report this Post to the Staff
macmercury Pillar of the Community United States 5822 Posts	Posted 02/22/2021 4:05 pm Depending on the geographical location, the chart serve as only a reference for future forecast. I know the dollar isn't buying much these days, it cost more to buy the same things I used to, like food. I hate to own that $2.50 1926 Sesquicentennial gold piece if I had bought it at its height. Report this Post to the Staff
	Replies: 7 / Views: 1,025

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