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DO YOU THINK COINS ARE STILL GOING UP.

HI
I JUST WANTED TO KNOW WHAT YOU ALL THINK.!!! ARE COINS STILL GOING UP OR DOWN OR EVEN.????
JOHN

Comments

  • Not sure I understand what you mean, John. Do you mean the price, value or interest in the hobby?
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  • RussRuss Posts: 48,514 ✭✭✭
    I THINK SOME COINS ARE GOING UP AND SOME COINS ARE GOING DOWN. IT REALLY VARIES BY SERIES AND GRADE. SOME ARE IN HIGH DEMAND AND SOME ARE NOT. THESE THINGS ALWAYS FLUCTUATE AND WHAT IS HOT TODAY MAY NOT NECESSARILY BE HOT TOMORROW.

    Russ, NCNE
  • WELL REALLY ALL 3 the price, value AND interest in the hobby.
    I THINK THAT THAY ARE ALL LINKED.
    LITTLEJOHN
  • XpipedreamRXpipedreamR Posts: 8,059 ✭✭


    << <i>WELL REALLY ALL 3 the price, value AND interest in the hobby.
    I THINK THAT THAY ARE ALL LINKED.
    LITTLEJOHN >>





    I AGREE WITH RUSS. YOU JUST NEVER KNOWimage
  • Hey guys, what up with all the "yelling"? I am trying to take a nap.image
    The glass is half full!
    image
  • merz2merz2 Posts: 2,474
    littlejohn
    I believe it depends on the series.The Lincolns are continuing to climb in interest and value,as well as price.I try hard to watch and track all the Lincoln auctions,Ebay,Heritage,and Teletrade.All I've seen is interest in all grades.There seem to be collectors for all the grades.
    Don
    Registry 1909-1958 Proof Lincolns
  • jbstevenjbsteven Posts: 6,178
    YES, YES AND YES


  • << <i>YES, YES AND YES >>



    image
  • pontiacinfpontiacinf Posts: 8,915 ✭✭
    image

    shhhhhhhhhhhhh...im sleeping
    image

    Go BIG or GO HOME. ©Bill
  • michaelmichael Posts: 9,524 ✭✭
    for me

    i think in general

    if you collect and specialize in a series you like to collect

    and buy with money you can afford to lose and pick out coins that are undervalued in your minds eye with good eye appeal and something that is an overall scarce coin based on your experience and specialization in the series you are collecting

    again

    in general

    worst case scenerio you will overall break even and best case scenerio you will make some $$$


    michael
  • DAMDAM Posts: 2,410 ✭✭
    Are you asking because you're buying or selling?

    If you're buying, follow Michael's advice and buy the best you can of what you like. If you're selling, the market continues to rise in some areas. So unless you have a crystal ball it's a crap shoot, if you're trying to time the coin market.

    Some folks make a living dealing and investing in coins. Other's collect and are happy with an unexpected increased returns like those of the past few of years. Ask yourself if you want to be a collector, dealer, or an investor, or a little of each.

    Will it continue...? As a collector I would like to see it continue, but if it doesn't I'm not effected like dealers or investors.

    Dan
  • MistercoinmanMistercoinman Posts: 1,820 ✭✭✭
    If you trying to make money sell your collection now and buy a crystal ball that may be worth more in the near future. Crystal will become scarce if everyone trying to read the future buys one! You have to decide what you are trying to accomplish, collect or earn money if the latter is your concern SELL !!!!
  • dpooledpoole Posts: 5,940 ✭✭✭✭✭
    Most nineteenth century and earlier issues have yet to make their moves. The nicest specimens of everything have been strong and stengthening, but I think there's still upside in those as well.
  • braddickbraddick Posts: 24,166 ✭✭✭✭✭
    Coins seem to follow the pricing structure of gasoline; fig newtons, and Starbucks coffee, and lately those prices have been on the rise.
  • cladkingcladking Posts: 28,701 ✭✭✭✭✭
    The growth in the number of collectors is probably beginning to slow a little* but
    it's too early to know. Keep in mind though that many of the collectors to which
    this refers are beginners who spend little or no money on coins. Many of these
    existing collectors are either newbies who are beginning to become a little more
    sophisticated or returning collectors who are still feverishly working sets of various
    mostly 20th century coins. Total demand should continue to grow for some time
    as these and old time collectors add to their collections.

    Prices for coins under these conditions should continue to trend upward and show
    significant leaps where demand grows stongly relative to supply. Watch what col-
    lectors are doing and it should give some clue as to future market conditions.



    *this is not to imply that The population of collectors has achieved or will achieve any
    sort of steady state in the near future. There are large numbers of collectors still
    dropping out and being replaced by even larger numbers of newbies. But the huge
    growth of the recent past is probably subsiding. Many of those dropping out are also
    newbies who never acquired extensive collections. The hobby will remain in a great
    flux for several years as far as the make-up of the collectors. -edited
    Tempus fugit.
  • BNEBNE Posts: 772
    Michael: I think you and LITTLEJOHN should work out a trade -- some of his caps for your lower case letters.
    "The essence of sleight of hand is distraction and misdirection. If smoeone can be convinced that he has, through his own perspicacity, divined your hidden purposes, he will not look further."

    William S. Burroughs, Cities of the Red Night
  • orevilleoreville Posts: 12,023 ✭✭✭✭✭
    A direct answer:

    I think that coins are in a definite pattern of mobile price movement in that demand has shown exuburance while supply has attempted to keep pace in a nip and tuck manner.
    A Collectors Universe poster since 1997!
  • DAMDAM Posts: 2,410 ✭✭


    << <i>A direct answer:

    I think that coins are in a definite pattern of mobile price movement in that demand has shown exuburance while supply has attempted to keep pace in a nip and tuck manner. >>



    What political office are you running for again? image
    Dan
  • <<Most nineteenth century and earlier issues have yet to make their moves.>>

    D Poole: I think you're right on target. Just in nickels, the Liberty Head and Shield nickels have barely budged in the past 3 years. The Nickel 3 cent pieces are at ridiculously low levels. The silver 3 cent pieces are showing some life.

    So if the juice lies in these older series, what the heck am I doing collecting Jefferson nickels, Roosevelt Dimes, and Standing Liberty Quarters? Mis-allocating my resources? Perhaps. Sometimes I puzzle myself.

    At least I'm collecting the US-PHilippines which have recently begun a sharp rise in value -- but which are still selling for a fraction of what they're going to be selling for in 5 years.

    Best wishes,


    Just Having Fun!

    Jefferson nickels, Standing Libs, and US-Philippines rock
  • cladkingcladking Posts: 28,701 ✭✭✭✭✭


    << <i><<Most nineteenth century and earlier issues have yet to make their moves.>>

    D Poole: I think you're right on target. Just in nickels, the Liberty Head and Shield nickels have barely budged in the past 3 years. The Nickel 3 cent pieces are at ridiculously low levels. The silver 3 cent pieces are showing some life.

    So if the juice lies in these older series, what the heck am I doing collecting Jefferson nickels, Roosevelt Dimes, and Standing Liberty Quarters? Mis-allocating my resources? Perhaps. Sometimes I puzzle myself.

    At least I'm collecting the US-PHilippines which have recently begun a sharp rise in value -- but which are still selling for a fraction of what they're going to be selling for in 5 years.

    Best wishes,... ...JHF >>



    There are large numbers of coins which seem to have near boundless potential. There are
    no gaurantees of anything of course but consider that the Congress is again considering
    legislation to include the Virgin Islands to the states quarters program. These islands were
    once known as the Danish West Indies and there are many coin issues from this authority.
    None of them are truly common and most are scarce at least in better condition. Since they
    are considered world coins there has historically been very little demand and the prices of
    even the rarities will tend to be ridiculously low. Surely this will change. There are many US
    and world coins which are scarce and have never had enough attention to even be known as
    scarce. This does not apply only to more modern issues, but even series from the 1800's.

    As time goes by it is probable that demand will fluctuate more widely than past patterns and
    that there will be substantial changes in some areas.


    Tempus fugit.
  • dbldie55dbldie55 Posts: 7,735 ✭✭✭✭✭
    The Liberty Nickels I need for my collection have more than doubled in the last 18 months.
    Collector and Researcher of Liberty Head Nickels. ANA LM-6053
  • cladkingcladking Posts: 28,701 ✭✭✭✭✭


    << <i>The Liberty Nickels I need for my collection have more than doubled in the last 18 months. >>



    image

    This sounds like a mixed "blessing".
    Tempus fugit.
  • HI
    thank you ,GOOD PEOPLE AT THE FORUM.FOR all the good info.you have help me some.i was think about selling out.but now i think i will at less try to complete my set at pcgs. i HAVE came a lone way.i need to at less get to 5 place.
    THANK YOU VERY MUCH.
    LITTLEJOHN
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