What I don't like about the "registry"

CoinHusker

The following was posted in the registry forum in response to a thread about pop reports. (names have been removed to protect the innocent )



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Have you turned in your "crack-out" certs to help clear up the POPS?
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I will eventually mail in the certification slabs. I have not done so to keep prices from rising, while buying up a large part of the market.
The type # 2 is a valuable coin in ANY grade, and currently UNDERPRICED in all grades.
Ike dollars as a whole are very much undervalued, and are headed through the roof in the next few years. >>





I may be naive and idealistic, but this kind of brazen contentment with "manipulation" of the market really turns me off. Kind of like some oil CEO chuckling about cutting supply so prices will rise and he can retire fat and happy. It may be commonplace but I don't have to like it.

Russ

I concur.

Russ, NCNE

Connecticoin

Bad move. Everyone now knows the pops are inflated, and the market may have priced in a lower pop level already. Thus when the hoarder "makes his move" and turns in the certs, prices may not move up like he expects.

CoinHusker

That's a good point.