Depreciating Value?

wasnt it around that time that silver coins shot up in price real high? maybe thats why because the silver spot price was real high at that time. That would be the only reason I would know why that would have happened. Since I didnt collect then I dont know when the market was high on silver or gold or any precious metals for that matter so I am just speculating here. But I do know that the price of coins that are silver/gold do go up and down with the market.

very good points brought up previuosly, but also trends in pricing will reflect the trends in collecting......if a series of coins become less popular as is the case sometimes.......prices stagnate as collector demand falls.......if the stagnation continues for some period then prices could indeed fall below previous highs......I have seen alot of items purchased during peak pricing periods that may never reach the asking price of the buyers becuase they bought at the wrong time.......their initial investmment was so high that as coin prices fell they were either stuck with the items of had to sell for prices way under what they paid

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Originally posted by CCP

Can anyone tell me why Lee Certified Coins has recently valued two coins that they sold 13 years ago for only 80% of the price they sold them for?

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CCP, I can only speculate on this, but Ed Lee the well known gold buyer and seller from Boston is more of an "Investment broker' than he is a coin grader etc. He gets most of his ideas from a Mr. Harry Schultz who is in big time investments and selling schemes to make money. Mr. Lee is in the same business.
So I would guess that he sells at one price and buys at a lower price, pocketing the difference. That is how the business works, Sorry!