Coin Market Trend Question

freeblue

Is it just me, or do I smell a little cool market activity recently? I guess even coin dealers use eBay as a barometer of the market, and recently it doesn't seem too hot.

Of course, some of you will jump out and post a link to a few really hot and contested items on Ebay and elsewhere, but is the overall market still up?

Are you spending less on coins or more because what's happening in the Middle East?

Just curious,

freeblue

WWW

If it's cool, toned, and classic, I'm buying and stay out of my way or I'll bury you.

jbsteven

I second that motion!

KlectorKid

I'll thirddend the motion.

homerunhall

I think generic gold is obviously slower now that gold bullion has backed off. Type gold has likewise slowed a bit. Other than that, things seem as strong as they have been to me. PCGS submissions are pouring in, auction prices are at record levels, dealer inventories are very low, set building demand is super strong. Other than the gold issues I mentioned, I don't feel any slowdown at all.

David Hall

freeblue

I've noticed that too. These days it seems toned and slabbed stuff are the hottest ticket. But even that has cooled off a bit, no?

Maybe I am totally off, I've got another half dozen hobbies to take care of.

jbsteven

Nice to see you lurking Mr Hall

freeblue

So essentially you are saying recent global events have no effect on the coin market? (Well, ok you didn't say that, but you are saying market is strong regardless). Are people are hoarding coins because they no longer have faith in the stocks (when is the next Enron going to show up?), so they go for collectible art, cars, coins, and other stuff?

Maybe people are just hooked on coins and eBay and oblivious to other factors?? Maybe.... or maybe not.

Still curious... yeah, whatever.

freeblue

relayer

It's only a sellers market on the coins I'm buying, but the ones I sell are going for bargain prices.

So there has been no change in the trend

freeblue

Thanks relayer. That sounds like a good and objective observation to me.

So overall still strong, with a few weaker spots. So things are not always black and white - as many would have you believe.


My 1 cent,

freeblue

michael

for me show me a specific coin within my speciality and then i can give you a defininative answer as to current market conditions that eem to always be in a state of flux

sincerely michael


i guess overall relayer summed it up the best i have ever seen in answer to this recurring question

in my short time in the coin game