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Are coin series that have not gone up in value since 89/90 dead forever ?

I can name many series that only started going up in value for the first time in years in the last 2 or 3 years but are the others essentially dead forever ?

Les
The President claims he didn't lie about taxes for those earning less then $250,000 a year with public mandated health insurance yet his own justice department has said they will use the right of the government to tax when the states appeals go to court.

Comments

  • djmdjm Posts: 1,561 ✭✭✭✭✭
    It depends on how long the Bull runs. If it runs long enough the low end collector will not be able to afford the high end series and they will have to move down to the series that have not appreciated. This effect will cause the series to move up in price.

    This is evident in the Classic Car market. Only a few years ago pony cars with six cylinder engines were considered parts cars and had no real value. Today the are sought after as an affordable subsitute for a muscle car.

    The same thing will happen in the coin market.
  • 291fifth291fifth Posts: 24,323 ✭✭✭✭✭
    Yes. The market is getting more and more selective. Some areas have been left behind, probably for good.
    All glory is fleeting.
  • nwcsnwcs Posts: 13,386 ✭✭✭
    I'd say anything that goes for "bulk silver" prices is dead for quite a while to come.
  • cladkingcladking Posts: 28,631 ✭✭✭✭✭
    Even after this market tops in a couple years, there are still going to be a lot of
    new collectors buying a lot of coins. It is quite likely that their tastes are going to
    differ substantially from the tastes of older collectors. It is not difficult to picture
    them getting into coins like an average circulated 1940-D quarter. This is a coin
    which has no real market at the current time because it is too "common". There
    were only 2.8 million made and this coin circulated freely for nearly a quarter of a
    century with a fairly high attrition. When the government began removing silver
    in 1968 there were still substantial numbers so these were destroyed. In 1980
    this was exactly the sort of coin that hit the melting pot at prices up to nearly $10
    per coin. They were percieved to be far too common to bother saving. While this
    coin is hardly rare, one has to suspect that it could become an important key if
    large numbers of people begin assembling sets of Washingtons.

    There are many other coins which have similar survival rates in any grades or in
    higher grades. While all these may or may not be involved in future price increases,
    it is likely that at least some will enjoy a fairly steady increase in demand for many
    years.
    Tempus fugit.

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