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with the stock market dopping way down how do you see sales at Baltimore this week?

seateddimeseateddime Posts: 6,180 ✭✭✭
in U.S. Coin Forum
with the stock market dopping way down how do you see sales at Baltimore this week?
I seldom check PM's but do check emails often jason@seated.org

Buying top quality Seated Dimes in Gem BU and Proof.

Buying great coins - monster eye appeal only.

Comments

  • CoinosaurusCoinosaurus Posts: 9,644 ✭✭✭✭✭
    I doubt it. Remember, it was the last stock market fallout after the tech bust that powered the coin biz in the early 2000s - no one wanted to invest in stocks anymore so it went into coins instead.

    I talked to one collector a few days ago who is ready to spend at Baltimore - the bigger question is whether or not the right coins will be there.
    Newman Numismatic Portal, www.NewmanPortal.org
  • HyperionHyperion Posts: 7,440 ✭✭✭
    flying precious metals will infuse some energy....
    My Ebay (None)
  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭
    the bigger question is whether or not the right coins will be there.

    image

    If so better to have something you can keep a grip on!
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • RichieURichRichieURich Posts: 8,552 ✭✭✭✭✭


    << <i>I talked to one collector a few days ago who is ready to spend at Baltimore - the bigger question is whether or not the right coins will be there. >>



    Ask him to stop by my table (#1600)! image

    An authorized PCGS dealer, and a contributor to the Red Book.

  • dizzyfoxxdizzyfoxx Posts: 9,823 ✭✭✭
    As always, the nice high end eye-appealing coins should sell and the low end "nothing special" coins will likely sit.
    image...There's always time for coin collecting. image
  • pharmerpharmer Posts: 8,355 ✭
    went up 300 today, seateddime
    Quis custodiet ipsos custodes?

    Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."

    image
  • JJMJJM Posts: 8,089 ✭✭✭✭✭
    Id think generic old gold will be purchased quite frequently
    👍BST's erickso1,cone10,MICHAELDIXON,TennesseeDave,p8nt,jmdm1194,RWW,robkool,Ahrensdad,Timbuk3,Downtown1974,bigjpst,mustanggt,Yorkshireman,idratherbgardening,SurfinxHI,derryb,masscrew,Walkerguy21D,MJ1927,sniocsu,Coll3tor,doubleeagle07,luciobar1980,PerryHall,SNMAM,mbcoin,liefgold,keyman64,maprince230,TorinoCobra71,RB1026,Weiss,LukeMarshall,Wingsrule,Silveryfire, pointfivezero,IKE1964,AL410, Tdec1000, AnkurJ,guitarwes,Type2,Bp777,jfoot113,JWP,mattniss,dantheman984,jclovescoins,Collectorcoins,Weather11am,Namvet69,kansasman,Bruce7789,ADG,Larrob37,Waverly, justindan
  • coindeucecoindeuce Posts: 13,496 ✭✭✭✭✭
    Well... my Bust quarter in the Stacks auction realized 40% over my cost a year ago. Howzat??image


    Edited to reflect correct math.image

    "Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
    http://www.american-legacy-coins.com

  • roadrunnerroadrunner Posts: 28,313 ✭✭✭✭✭
    The stock market will have nothing to do with sale...but the trend of gold certainly will. If gold trends up or holds here for the week the show will get a boost. If the reverse happens, the show will suffer somewhat imo. As always good coins will be snapped up. But those only make up 10% of the market.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • 291fifth291fifth Posts: 24,670 ✭✭✭✭✭
    Double-nuclear!image
    All glory is fleeting.
  • MrEurekaMrEureka Posts: 24,404 ✭✭✭✭✭
    Short term swings of less than 10% in the stock market have little effect on the coin market.

    It's far more important to understand WHY the stock market moved. Sometimes the things that move the stock market are substantially relevant to the coin market, sometimes they're nearly meaningless.



    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • BearBear Posts: 18,953 ✭✭✭
    Its very hard to for cast. When the coin market breaks,

    it often does so in a sudden, sharp and unexpected manner.

    Precious metals would have to break sharply and steadily to have

    on impact on coins. Beside what some prognosticators are stating

    the coin market seems a bit mushy but it is hard to call for a break

    just yet. Perhaps soon........but probably not yet.

    There once was a place called
    Camelotimage
  • UnknownUnknown
    This content has been removed.
  • mozinmozin Posts: 8,755 ✭✭✭
    The Baltimore coin auctions seem to be attracting VERY high bids. Looks to me like the stock market dropping makes absolutely no difference.
    I collect Capped Bust series by variety in PCGS AU/MS grades.
  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭
    As always, the nice high end eye-appealing coins should sell and the low end "nothing special" coins will likely sit.

    image

    Even the recession of the early 90's was like this as high end sold instantly, nothing special coins as Dizzy puts it collected dust.
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • LongacreLongacre Posts: 16,717 ✭✭✭


    << <i>Double-nuclear!image >>




    image
    Always took candy from strangers
    Didn't wanna get me no trade
    Never want to be like papa
    Working for the boss every night and day
    --"Happy", by the Rolling Stones (1972)

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