What's your prediction?
Mr. Jaggers
going up and down, short-term, long-term.
But what about collector coins? I'm thinking about the "big three" Barber
quarters, missing as a trio from lots and lots of sets that were otherwise
mostly a pushover to get that far. The prices of those three, the 1896-S,
the 1901-S, and the 1913-S, have increased dramatically over the past five
years, but they can often be found at small coin shows, and always at big
shows, which indicates to me that they are not really all that rare. Now
I'm hearing from people in the know that coin prices have softened,
sometimes dramatically, just since March 2009. At a recent show I saw a
slabbed coin priced at $3000. I recognized it as the very same coin that I
had seen at the same show last year, in a different dealer's case, and
priced $9000 at that time.
So, where does everybody think we're going? Will the price of these three
quarters plummet all the way down to 2003 levels, or...?
James, Drawn, but not yet Quartered
PC
"Mr. Jaggers" <lugburzman[at]yahoo[dot]com> wrote in message
news:h2laj...@enews1.newsguy.com...
> Several r.c.c. people regularly talk about the price of gold and silver
> going up and down, short-term, long-term.
>
Goooooiiiinggg doooooowwwnnnnn...
10% unemployment, stocks are bearish again, economy really slow to
recover...
Did I mention the no jobs part?
oly
In my line of work, we are just now seeing lots of real estate
developers and such upper middle-class persons "go to the wall". Many
people who had lots discretionary income are now hurting very badly.
IMHO, the "green shoots" hype is just hype. You may yet get your
desired Barber quarters at a lower price. Precisely how this
financial and credit crisis turns out is unknowable at this point; and
the speed at which major turning points occur is especially hard to
predict.
I have been told by some vest pockets and small dealers (both by
direct statements and anecdotally) that they have cut their travel to
distant coins shows waayy back.
oly
-------------
Of course, I still have a very strong opinion about the long-run...
and it hasn't changed any.
Bob F.
"Mr. Jaggers" <lugburzman[at]yahoo[dot]com> wrote in message
news:h2laj...@enews1.newsguy.com...
> Several r.c.c. people regularly talk about the price of gold and
> silver going up and down, short-term, long-term.
>
> But what about collector coins?
I predict that the future prices of collectible coins will change in the
future.
Bland Allison
news:h32l1e$idf$1...@news.eternal-september.org:
Prices are going down and, IMO, will continue down. This is a good thing
or a bad thing, depending on whether you're buying or selling.
--
BA
"Qui hic mixerit aut cacarit, habeat deos superos et inferos iratos."
Bob F.
"Bland Allison" <swi...@removeswiperthefox.com> wrote in message
news:Xns9C426AFC...@216.196.97.130...
> "Bob F." <ad...@invalid.invalid> exclaimed in
> news:h32l1e$idf$1...@news.eternal-september.org:
>
>>
>> "Mr. Jaggers" <lugburzman[at]yahoo[dot]com> wrote in message
>> news:h2laj...@enews1.newsguy.com...
>>> Several r.c.c. people regularly talk about the price of gold and
>>> silver going up and down, short-term, long-term.
>>>
>>> But what about collector coins?
>>
>> I predict that the future prices of collectible coins will change in
>> the
>> future.
>>
>>
>
> Prices are going down and, IMO, will continue down. This is a good
> thing
> or a bad thing, depending on whether you're buying or selling.
As Criswell so aptly stated in the beginning of Ed Wood's beloved "Plan
9 From Outer Space: "Future events such as these will affect you in the
future."
oly
>
> - Show quoted text -
Or in the immortal (perhaps apocryaphal) words of Yogi Berra "Never
make predictions, especially about the future".
However, the "Green Shoots" have took it on the chin this half-week.
Especially the S&P and jobless indicators.
oly
Mr. Jaggers
Yeah, the future ain't what it used to be.
James the Catcher