Name a factor that will be negative for numismatics in 2007.

291fifth

?

notwilight

My biggest concern is overly zealous offerings from the mint. Not a real concern for the classic rareties.

kimon1230

<< <i>My biggest concern is overly zealous offerings from the mint. Not a real concern for the classic rareties. >>


Yup. In other words, becoming the Canadian/British/Australian/etc. Mint
Also, screwing or giving the impression of screwing collectors (see: 20th Anniversary 2pc set)

ziggy29

Reduced disposable income and reduced ability to borrow prosperity.

coinmickey

Apparently the Mint's new policy not to set a mintage limit on some items. That will troublesome for the collector looking for a true rarity from from the Mint.

thecointrader

The US Mint taking an ever-increasing amount of money out of the available spending pool for collectors. The 3-piece Gold Eagle set alone siphoned over $26,000,000.


(Edited for the usual typo)

poorguy

With the mint coming out with so many new products and sub-categories of typical coinage, I feel they may be heading toward the way of baseball cards. Does anyone remember how the major players who produced them such as Topps, Donruss, Upper Deck, Fleer, ect. came out with more sub-sets of cards than there were in the complete set of non-subset cards? That fact of spreading themselves too thin coupled with the strike around that time basically dwindled the collectors out of the hobby.

ziggy29

<< <i>That will troublesome for the collector and dealer looking to hoard as many sets as possible so they can sell them for large profits to people who didn't have the good fortune or the forethought to get in on the action immediately. >>

TwoSides2aCoin

~Kindness is not a difficult chore, it's a simple choice~

if we want Numismatics to remain strong, we should make a simple choice.
the biggest negative that ruins anything is NEGATIVITY itself. So there's a factor.

ziggy29

<< <i>if we want Numismatics to remain strong, we should make a simple choice.
the biggest negative that ruins anything is NEGATIVITY itself. So there's a factor. >>

Actually, as a market contrarian I tend to see increased bearish sentiment as a bullish indicator.

dorkkarl

pla$tic

K S

BlindedByEgo

Recession.

Bear

Economic recession.

Normal coin downturn.

Flood of Mint products. Especially if they
come out with tin foil covered, chocolate
eagles.

Any major scandal at a TPG.

RotatedRainbows

Peoples ARM's coming back to haunt them, to many people bought more then they can handle.

TwoSides2aCoin

<< <i>

<< <i>if we want Numismatics to remain strong, we should make a simple choice.
the biggest negative that ruins anything is NEGATIVITY itself. So there's a factor. >>

Actually, as a market contrarian I tend to see increased bearish sentiment as a bullish indicator. >>




~one attracts more bees with honey than with vinegar~

kimon1230

<< <i>~one attracts more bees with honey than with vinegar~ >>


One also attracts flies and ants and other nasty stuff..........

TwoSides2aCoin

<< <i>

<< <i>~one attracts more bees with honey than with vinegar~ >>


One also attracts flies and ants and other nasty stuff..........

>>



Positive reinforcement will be a negative for numismatics in 2007 ...

claychaser

There is an old adage when money is short and funds have to be raised:

That is, you sell what you can, not what you should. If cash is flowing out of the hobby, then the first things to get sold will be the most "liquid". It would be interesting to see a comparision of the total market value of:
1. U.S. residential real estate
2. U.S. commerical real estate
3. Stocks
4. Bonds
5. Bullion and bullion coins (k-rands, eagles, junk silver, etc)
6. Coins (not bullion related)
7. Other collectables - such as jewelry, art, etc.

Anybody have any info on this?

PerryHall

<< <i>Any major scandal at a TPG. >>



I agree if you are refering to a top tier company. Its only a matter of time.

Longacre

General downturn in the coin market.

ss350camaro

Arrogance

and

Pompous attitudes

kwmorgan

With the housing market collapsing, people will begin to sell coins in order to try to stay afloat. The hosuing market problems are going to drag everything else down.

kwmorgan

<< <i>With the housing market collapsing, people will begin to sell coins in order to try to stay afloat. The hosuing market problems are going to drag everything else down. >>


*housing* LOL

Barberman55

<< <i>With the mint coming out with so many new products and sub-categories of typical coinage, I feel they may be heading toward the way of baseball cards. Does anyone remember how the major players who produced them such as Topps, Donruss, Upper Deck, Fleer, ect. came out with more sub-sets of cards than there were in the complete set of non-subset cards? That fact of spreading themselves too thin coupled with the strike around that time basically dwindled the collectors out of the hobby. >>




Good point.......I got out of the baseball card field because I couldn't keep up with all the new "special" mini sets being produced. I got very frustrated trying to collect everything that was being offered and decided to sell off my cards and get out of the hobby all together. I can see the same thing happening with U.S. Mint products......just too many different coins and sets are being offered every year.

RedneckHB

<< <i>There is an old adage when money is short and funds have to be raised:

That is, you sell what you can, not what you should. If cash is flowing out of the hobby, then the first things to get sold will be the most "liquid". It would be interesting to see a comparision of the total market value of:
1. U.S. residential real estate
2. U.S. commerical real estate
3. Stocks
4. Bonds
5. Bullion and bullion coins (k-rands, eagles, junk silver, etc)
6. Coins (not bullion related)
7. Other collectables - such as jewelry, art, etc.

Anybody have any info on this? >>



The amount of money in coins is a mere pittance in regards to the others. The most illiquid would probably be jewelry, then coins.

thebeav

I'm sure, by next year interest rates will have risen a point to a point and a half......

LEAP269

the housing atm will slow down as adjustable rate morgtage payments and property taxes increase while property values decrease.

the value of the us dollar will decrease

gold and silver prices will take numismatics down with them(short term)

less money for coin purchases at consumers hopefully pay down bad debt

Cladiator

<< <i>Name a factor that will be negative for numismatics in 2007. >>

The U.S. Mint

BobGreene

The conversion to a single currency for North America. Unified North American currency Actually, I have heard that the plan is to have the "Amero" in place by 2010.

BobGreene

Sorry, double post

ScarsdaleCoin

ugly presidential dollars?

claychaser

How about Hilary on both the Spuse and Prex dollar ?

BillJones

The mint or perhaps more accurately, the Congress, is playing with us these days. The First Lady gold coin program, which is going to be marketed along with the presidential dollar series, is going to cause a lot of collectors more than its share of grief. Many collectors are into “completeness” but now keeping your sets up-to-date is going to cost several thousand dollars per year. Most collectors won’t be able to afford it, and others are going to decide to allocate their funds elsewhere.

Let’s face it. Aside from some famous First Ladies, like Martha Washington, Mary Lincoln, Eleanor Roosevelt and Hillary Clinton in addition to some lesser known personalities like Abigail Adams and Dolly Madison, most presidential wives have been at best very minor historical figures. Why such a group each rates a large, expensive commemorative gold coin is beyond my comprehension. One would have thought that a historic event, like the Louisiana Purchase would have been more worthy. Yet here we are stuck as collectors with a choice of paying big bucks for something we really don’t want or falling behind with our modern commemorative collections. It could in the long run hurt the entire commemorative program.

The net result is that there are going to be some very low mintage coins coming out of this program. In the future these coins could we be very expensive modern rarities, but it might not matter. These coins could be treated like some the platinum pieces have been. Low mintage but even lower collector interest.

tonyt

Any major scandal at a TPG. <B>


I so readily agree with the old wise Bear...I believe we have a tendency to put too much blind faith in things such as TPGs, and I believe all it will take is a scandal at 1 top-tier TPG to shake the hobby to its core. This is one reason I don't subscribe to that practice. That's only my opinion..actual mileage may vary.</B>

dorkkarl

<< <i>Name a factor that will be negative for numismatics in 2007. >>

business strike lincoln pennies graded m$-70 red.

K S

lkenefic

<< <i>Peoples ARM's coming back to haunt them, to many people bought more then they can handle. >>



...do you think this will tend towards a huge sell-off of classic rarities in an effort to avoid forclosure? I would think people would have already sold off most of what they were going to sell off prior to getting into an overheated housing market. I do believe the ARMs are going to result in people leveraging just about anything they possibly can in an effort to avoid loosing their homes...coins might be one commodity they'll sell...but just one of many.

Leo

09sVDB

The slowing down of the coin market as a whole.

shirohniichan

<< <i>

<< <i>My biggest concern is overly zealous offerings from the mint. Not a real concern for the classic rareties. >>


Yup. In other words, becoming the Canadian/British/Australian/etc. Mint
Also, screwing or giving the impression of screwing collectors (see: 20th Anniversary 2pc set) >>



Yea, verily.

When we see the US Mint selling Harry Potter coins, baby gift sets (including tins to hold baby teeth), coins whose only distinguishing marks are small privy marks or colorized design elements, etc., the numismatic Apocalypse is night.

Musky1011

World War III

Lakesammman

Lack of "fresh" material.