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Price Trends In Coin Collecting

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Valued Member
StormStrikes's Avatar
United States
136 Posts
 Posted 05/24/2011  6:47 pm Show Profile   Bookmark this topic Add StormStrikes to your friends list Get a Link to this Message Number of Subscribers
I am curious about something and could not find a whole lot of information on. But generally speaking (not a specific coin or denomination, etc.) how has the value of coins over all tracked? Have they historically trended upward or have there been cases and/or situations, events that caused coins overall to decrease in value.

In otherwords, have they trended up such as something like real estate? I understand that its likely that with the 'Great Recession' as it is called prices as a whole may have went down, but I'm more interested in the long term trends and/or events that would suddenly affect coin prices.
Bedrock of the Community
United States
20753 Posts
 Posted 05/24/2011  7:53 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
I have all the Red Books since the first one in 1946, noted as 1947. I've been sort of documenting my coin collection values based on those books since those came out. Actually just now using the 2012 edition to randomly check my collection values. I really don't remember ever seeing coins going down in value as an overall situation. Of course at my age, why even try to remember that sort of stuff.
I did notice in the 2012 edition, many coins have actually stayed the same or gone down a little. I found this odd since that book has always been the one with the overpriced guides on coin prices.
This sort of question has been discussed in one form or other in the past. Someday, maybe, I'll sit down and do a more extensive study of those prices. Maybe. Someday.
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AlmostCollectible's Avatar
United States
384 Posts
 Posted 05/25/2011  12:24 am  Show Profile   Bookmark this reply Add AlmostCollectible to your friends list Get a Link to this Reply
I just got done reading Profitable Coin Collecting by David L. Ganz a few days ago. The author talks a lot about the research done by Solomon Brothers, and expands on it. The research was basically a comparision of investment returns on rare coins versus other assets like real estate, rare paintings, S&P 500, Bonds etc. The Solomon Brothers, research ended in the 80s, but the author extended it to the 2000s. And the result was that rare coins have given better returns than most other classes. But that's rare coins only, nothing about ordinary coins the rest of us collect.
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StormStrikes's Avatar
United States
136 Posts
 Posted 05/25/2011  02:04 am  Show Profile   Bookmark this reply Add StormStrikes to your friends list Get a Link to this Reply
I guess I should have figured it would have been the 'rare' coins. I had hoped somehow there would have been pitty on us common collectors, LOL.
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