Would you like to see prices go up or down??

Wisconsin

I was just thinking to myself : Wouldn't it be nice if prices fell on coins, so I could buy them cheaper? I was wondering how others felt about this. Do you want to see your coins go up in value, making each new purchase cost more money, or see your coins go down which means you could buy more coins with your money?

I have to believe as prices go up, more nice coins come to market, and as they fall you will see less new material for sale.

What do the dealers do with inventory in a declining market. DO they simply take a loss and sell at the then current prices, or hang on and wait for a rebound in tha market??

Jay

Bear

Its really a mixed bag of emotions. I want prices to go up so my collection will be worth more.

I also want to see prices go down so I can buy more coins. I guess the major consideration is

if you are liquidating the bulk of your collection or are still actively buying coins. On ballance, I would

like to see a steady increase in values from year to year with no major surprises in either direction.

ARCO

Part of the allure of collecting is knowing that the reason a coin is priced higher is that it is so much harder to attain and when found it is prized and enjoyed far more.

I love circulated VF and XF coins, but do not collect walkers, merc's, lincolns or any other otherwise beautiful coin simply because they can be found by the boatload if they only cost. $5.00-$30.00 a pop. Now for Unc. coins costing in the thousands of dollars that is different. The higher prices edge out all but the most affluent collectors, which is fine as price is just a function of scarcity and demand.

It is a double edge sword and only exists in the realm of hypothetical. As soon as coin prices drop, the demand increases as more collectors can afford them and hoarders can put even more of the same coins in their safety deposit box never to see the light of day for another 3 decades.

The market moves in nearly perfect symbiotic balance between price, demand and scarcity.

Tyler

MadMonk

I have a baby coming, so I want to see certain ones go to the moon, sell them, and do the best for my child.

MadMarty

I want everything I'm selling to go up and everythng I'm buying to go down! Then repeat!!

Catch22

I've never bought anything that disappointed me in seeing it's value increase. Like equities, there are always undervalued issues related to the rest of the field.

nwcs

I definitely want them to go down for a while. Then they can go back up.

ms71

I agree - definitely down, say for 3 to 5 years anyway. Doesn't look likely, however.