Here's an interesting article on the coin market.

[Leothelion]

Will the market repeat itself?

 

Leo

[truthteller]

The high end market is pretty much saturated. I talked to several mid level dealers who reported that business was down from last year's FUN. Although still a very active show, the auctions sucked up a lot of money out of the bourse. I predict that many of the coin purchases from the FUN sale will remain unsold for many months. I have heard $20K and higher priced coins have softened and have had a harder time finding homes. Of course, the utra rarities will always have a home. The $500 $2500 coins are stable and are collector driven and will have a much easier time selling. 2005 will be an interesting year. If the auctions at Long Beach are just so-so, I predict a plateau by Central States. If Central States is not a fantastic show, the market will have cooled.

 

 

 

TRUTH

[Count_Erfit]

I got a bit nervous on a few hi enders. Traded for bullion couple weeks ago.

Just seems the 5 figure coins are a bit too high. (or maybe should say the market is kinda thin and watery) I know, I know.....XXXXX just sold a trillion dollar finest known steel cent....but......

This social security uncertainty has got to have some folks thinking hard about what they want to be holding if they have to fund their OWN retirement.

BIG demographic change coming up in a VERY few years.

Have to keep in mind who can AFFORD to collect what.

 

IMO

 

[truthteller]

"I got a bit nervous on a few hi enders. Traded for bullion couple weeks ago."

 

 

A very wise movement of capital. Bullion is universally traded and supported by world markets. Bullion moves directly in correlation with world affairs, such as currencies, oil, inflation. High end US coins go up and down because of..... ........ ..........

 

 

 

TRUTH