Will all these auctions slow down the market?

jpkinla

Does anyone think that with $50 Million in the Heritage sale alone coming to market that perhaps the coin market may take a breather or cool off?

I am not sure either way......A breather is good in a bull market and there is certainly enough pent up demand to absorb coins. The question is how much will the big dealers step up and can all of this be absorbed without indigestion.

My $10 Indian Gold Registry Set

MrEureka

$50 million ain't what it used to be. Besides, probably two thirds of that money will just get recycled within the industry.

jpkinla

Personally I don't think its a problem especially since dealers have culled their inventories of slow moving product and I assume everyone will be in need of new product. The auctions will certainly set the stage for a barn burner show to blow everyone away or less likely a muted show.

My $10 Indian Gold Registry Set