How strong will the market be this fall/winter
fivecents
Posts: 11,207 ✭✭✭✭✭
I know we are having a summer slow down. How do you think the market will do this fall and winter?
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Comments
Cameron Kiefer
Russ, NCNE
<< <i> Sample slabs will tank, though. >>
Good maybe the one that I wanted will come back on the market at a decent price...
Signed:
Contriversial Ken per a forum members statement.
Might get pricy....
Dennis
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Cameron Kiefer
<< <i>Sample slab prices aren't going to tank. They will be healthy as ever and some new higher prices may even appear for the really scarce ones.
Cameron Kiefer >>
Of course you're going to say that. You're a dealer.
Russ, NCNE
<< <i>
<< <i>Sample slab prices aren't going to tank. They will be healthy as ever and some new higher prices may even appear for the really scarce ones.
Cameron Kiefer >>
Of course you're going to say that. You're a dealer.
Russ, NCNE >>
The Guru of Sample Slabs. Sort of like a used car salesman isn't it. Trying to build up something that has a little value into something that is worth a fortune...
Ken
I think we are at a new price threshold so I may have to pay up if I want to continue to play
Louis
Personally, I don't care what the market does. I am buying rare early type- cents, half dimes, quarters, and halves- because I love to collect them. If the market crashes, I will continue to buy. If the market rises, I will continue to buy.
I have been bidding Trends (and above!) on branch mint gold coins and not getting them. Where's the slow down?
These will include Classic Silver Commems, 19th Century Type, both MS and PR and
Pattern coins, particularly the larger quarter, half and dollar pieces.
Of course, the advance will be for above average,naturally toned circ pieces, with emphasis on the
higher gem grades . These coins are currantly under valued and are indeed the blue chips od the
collecting hobby.
I would be somewhat cautious with the prices paid on Morgan dollars both ccs , PL and DMPL as well
Also I believe that the outragious multiples paid for toned coins may not be sustainable in the long run.
I could be wrong, but that is how I see things in the later part of the year.
Camelot
Fivecents I don't see any slow down in what I am collecting. This market looks like fall of last year to me.
"I have been bidding Trends (and above!) on branch mint gold coins and not getting them. Where's the slow down? "
RYK,
I am seeing the same thing as you. If I am not bidding at least retail plus, I lose every auction.
It does look like I may have won one coin at the Scotsman. I bid this coin 20% over retail and won it at my MAX bid, which does seem just a little strange, but that is another story.
I see modern coins doing very well, from the last 8 or so years, particularly from 2000 on. The rationale for that is because the mint has been producing some startling changes in our money. $100 down to the 5 cents have become interesting to anybody. You look at that $50 and see the color on that note and Pres. Grant is still there looking up at you and you have to say..."cool" Andrew Jackson is as pretty as ever. The state quarters, nickles, silver proof sets, rumors of a Reagan coin, the ms ASE's it's all good and for young and old collectors, rich and regular guys alike and that's good. Probably moving upward but don't overspeculate here.
Morgans...hummmm, been there done that, plenty of fun! Certainly one of the two finest, most beautiful, most interesting, silver business issues ever next to Gobrecht's work. Everybody is wondering when the chrome handle will get pushed...I can't tell that it will. Probably moving upward the speculation is well underway.
Disme's, wreath coins, halves, cents, old circulated "honest" coins...yummmm. There will always be a greater and greater calling for these pieces as more collectors/money enter the market over the next year. The unc's of these series should flourish through out the year. For good reason, they are amazing punctuations in our national evolution and exceptional designs, conspicuously American!. Probably stable and upward.
Early/mid gold...certainly interesting. Very little bullion bounce across this year for commons and prices for the collector ms material seems to be aiming upward but not moving there quickly. The high end slabbed unc's are certainly active and pricey it seems but the mid/low levels seem to be a staple in trade though for my liking, a little thinly traded...just my take over the recent few months. Circ gold certainly seems to be a nice buy, considering $400 gold. Probably stable and upward but very pricey for the nosebleeds.
commems...also very interesting, I'm thinking that there seems to be more than a fair amount of interest in this group, particularly the state coins. Those toned Oregons we saw here on the forum a couple of weeks ago were onion coins...so nice they make you cry. Probably upward.
I would say as a summation...Probably moving upward but it is like a guy once told me:
"As long as you're moving, there is at least a 50% chance that it is in the right direction." So, we have a 50/50 chance of the market moving in the right direction as long as it IS moving, depending on if you want it to go lower for buyers or higher for sellers, someone is going to be happy.
Now let's get out there and find some nice coins!
-YN Currently Collecting & Researching Colonial World Coins, Especially Spanish Coins, With a Great Interest in WWII Militaria.
My Ebay!
LSCC#1864
Ebay Stuff
Hmmm ... Maybe I should dig may old sample slabs out
Coins I think will have a decent run till the winter holidays roll by!
">"http://www.cashcrate.com/5663377"
I had a little extra money to spend. $26,000 on coins or prepay for my daughter's Fall 2005- Spring 2006 College tuition (to lock the price at this year's tuition).
Guess what?
For the first time, I decided to prepay one years extra tuition! I had not done that before. I wished I could have prepaid two years College tuition but did not want to get nuts about depleting my cashflow. This does not even include room and board as well as books, etc.
That really is going to stop my coin buying cold.
Back to collecting wheaties from bank rolls.
<< <i>For the first time, I decided to prepay one years extra tuition! That really is going to stop my coin buying cold. >>
Best investment you could make!!!
<< <i>Interesting. I had a serious decision to make.
I had a little extra money to spend. $26,000 on coins or prepay for my daughter's Fall 2005- Spring 2006 College tuition (to lock the price at this year's tuition).
Guess what?
For the first time, I decided to prepay one years extra tuition! I had not done that before. I wished I could have prepaid two years College tuition but did not want to get nuts about depleting my cashflow. This does not even include room and board as well as books, etc.
That really is going to stop my coin buying cold.
Back to collecting wheaties from bank rolls. >>
Keep track as if you had bought high grade cc gsa dollars