Let's Keep It About Coins

Coxe

Rather than bicker the politics or speculate on what will or will not happen in the economy (as we have a lot of strong opinions), let's discuss the pros and cons of a strong economic recession, dead dollar, ... with respect to the coin market. Cetainly there are different considerations among rare typically investment grade coins, bullion, commoditized widgets, and all those in-between collector grade coins. I'll just throw out the topic and withold my own commnts, at least for now. Some folks might research the correlated history.

edited to add>> The idea was rather than discuss how we thing the base metals will do if the economy craps out (and I am not saying it will or won't) that it might be interesting to discuss how the coin market might be affected. Would there be any significant flight to tangible assets like arts and investment coins? Will the common stuff and bullion issues ride the elevator proportionately with the metals? Will collectors coin languish and the most common Mint products die on the vine with less average collector disposable income and lower dollar buying power? Not unreasonable questions and ones that fit more with this forum.

seemyauction

I'm lost


Al

DUIGUY

Er, uh, how bout , the dog ate my homework.

RedTiger

Not quite time for a blue fish, but close.

Coins good (always).

Petty bickering bad (always).

Recession with high unemployment (8% or greater) bad for collector coin prices. During a bad recession, some coins will drop in value by 50% or more, some will trade much lower than sheet values when folks get desperate.

Dead dollar means higher metals prices. Probably means an earlier end to the cent and nickel.

As always, my opinions only. Other opinions are welcome, petty bickering is not.

TwoSides2aCoin

Would you believe it's a 1955 in MS 65 ?

DoubleEagle59

Rather than bicker the politics or speculate on what will or will not happen in the economy......

You're right I know....but I think coin collectors are extremely passionate about Gold and the Dollar.

When there is a lot of news and 'action' in these areas we can't help ourselves and I think it does relate to coins in albeit, a slight indirect way.

notwilight

I saw a thread about politics but I only opened it once. Just like this thread. no problems here.

SpaceMonkey

right-o

Type2

+1

Coxe

Thought it was a good idea for a thread. Oh well, guess not.

TwoSides2aCoin

This is the reverse of the 2007 S Sacagawea Proof.


....because even Modern Crap™ is better than Stupid $T

TwoSides2aCoin

Zoins

Certainly some agree and do not want any talk of medals, SCDs or NCLT....