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 Replies: 21 / Views: 2,534 |
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Pillar of the Community
Canada
1554 Posts |
 We know times are a bit tough these day: lack of jobs, inflation, food prices increasing as a result of floods/drought damaging crops, gas prices increasing, U.S. dollar decreasing, trade deficit increasing, Global Economy changing to the worse, U.S. debt spiraling out of control, etc. In light of all the above mentioned excitement and much more to come, how will this effect the way you purchase coins? Glenn 
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Pillar of the Community
United States
3294 Posts |
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Bedrock of the Community
United States
20753 Posts |
Not sure what your saying at all. If you get Social Security you would see a note from our Government clearly stating no increase again this year since there has been no cost of living increases at all.  Same note year after year so that proves there is really no increase in the cost of living. Why who would know better than the people that get those big raises from out tax money? As for me I by coins for a hobby so I really don't think about the values, costs, etc. |
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Valued Member
United States
458 Posts |
Wont effect me at all. I only buy Silver coins when/if the opportunity presents itself :)
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Pillar of the Community
United States
1150 Posts |
It has forced me to buy more coins.
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Pillar of the Community
United States
1064 Posts |
I don't see any big changes at the moment; I'm more in to organizing, authenticating and grading the small collection I have now, rather than adding anything new. If I come across something that hits me, I will still buy.
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Moderator
 United States
187862 Posts |
The poor economy has caused a lot of old change to dump into circulation. The bad news is that this has prevented the newly minted coins from circulating and finding their way into my collection. The good news is that I am seeing a lot of older dates. It is not that I need them, but it makes me smile.  |
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Valued Member
United States
309 Posts |
Agreeing with Mitch, I have been forced as well. |
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Pillar of the Community
United States
3278 Posts |
I think there is a lot of opportunity for buyers with people looking for cash by selling grampa's old coins. Also the lines are long with people selling silver to be melted. Pre '64 coins gotta get scarce eventually I would think? I'm buying all my wife will let me  |
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Pillar of the Community
United States
642 Posts |
Not really, only thing that keeps me from buying coins is my poor economy.... and even that isn't doing a very good job keeping me from them |
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Bedrock of the Community
United States
17884 Posts |
The poor US economy hasn't affect my buying at all. Well I take that back, the decline in the value of the dollar compared to the Pound has made Conder tokens from England more expensive. Other than that my economy hasn't gotten worse so I have as much money as ever for buying coins.
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Pillar of the Community
United States
511 Posts |
My income is down by half since 2009, so I'm focusing on low-cost stuff in numismatics and buying as much silver bullion as I can afford.
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Valued Member
United States
417 Posts |
We have increased our roll searches and a saving more coins that are collectable.
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Valued Member
United States
417 Posts |
We have increased our roll searches and a saving more coins that are collectable.
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Pillar of the Community
1283 Posts |
It has only increased my buying.
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Pillar of the Community
 United States
5953 Posts |
My buying has tapered off a lot but its not the economy its the lack of local venues to buy.. I've pretty much cleaned out the local supply
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Replies: 21 / Views: 2,534 |
Posted 07/14/2011 08:53 am
