Early reports from the FUN show auctions seem to indicate a declining coin market

[stonej]

That is what I am hearing. There are always exceptions of course
(early copper is holding up
well) but a number of other areas of the coin market are showing a
noticable decline in prices
according to people in attendence.

[Edwin Johnston]

I'm not surprised at all.

Here's something else to consider:

Last night we had a report on Houston's Money Show in early December.
Some dealers had complained that sales were light. In contrast to this
one of the dealers present during the report said it was his best show
ever. He said he priced his coins at Greysheet values. Other folks had
been complaining that many dealers at the show were pricing their coins
too high

[sgt23]

Well isn't this what happen you price according to rumors and
speculation? Just asked the oil companies.

[stonej]

Another opinion I just heard:

"moderately soft with most coins off of their highs

by perhaps 15 - 20% except for a few exceptions."

[Bruce Remick]

"stonej" <sto...@mail.lib.msu.edu> wrote in message
news:4046ea3c-4166-452f...@o4g2000pra.googlegroups.com...

> Another opinion I just heard:
>
> "moderately soft with most coins off of their highs
>
> by perhaps 15 - 20% except for a few exceptions."

Now maybe we'll see if coin dealers pay attention. Wishful and simplistic
thinking, I suppose.

[ImperialCoins]

I stopped collecting US and World a long time ago, but whenever I
speak to "real" collectors they always talk about how they expect the
market for both US and World to eventually clapse because coins have
been insanely overpriced.

We have seen this any number of times with everything from IPO's, the
whole dot com craze, Beanie Babies... Prices have been artificially
inflated by people "investing" in coins that are worth a tiny fraction
of what they sell for.

Alfred