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**** Poll for the dealers *******

CaptainRonCaptainRon Posts: 1,189 ✭✭
in U.S. Coin Forum
This one is for the dealers.

When the next major downturn arises will you be prepared?
image

Comments

  • seemyauctionseemyauction Posts: 3,655 ✭
    To a smart investor a crash is just a great buying opertunity.

    Would you rather pay 100 bucks for that thing or 35 buck?

    AL
    imageCoinZip.com
  • PerryHallPerryHall Posts: 46,705 ✭✭✭✭✭
    What's good for an investor or collector may not be good for a dealer. If the value of his stock of coins drops 65% and most of it is bought with borrowed money, he may be in big trouble.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • ScarsdaleCoinScarsdaleCoin Posts: 5,305 ✭✭✭✭✭
    if you never have seen a market correction in coins, hold on to your hats......its something to see......
    Jon Lerner - Scarsdale Coin - www.CoinHelp.com
  • MichiganMichigan Posts: 4,942 ✭


    << <i>if you never have seen a market correction in coins, hold on to your hats......its something to see...... >>




    April 18, 1980 - a day that will live in infamy in the coin business.
  • CaptainRonCaptainRon Posts: 1,189 ✭✭
    Michigan can you tell us more about, April 18th 1980. I was only 10 and not a collector at that time, but have heard fragmented stories since.
    image

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