What is something (numismatic) that has declined in price in the last few months?

291fifth

No bullion!

Do we have to wait for the FUN auctions to see what either sells below expectations or fails to meet reserves?

TwoSides2aCoin

Should a collector should capitalize ?

dsessom

Maybe the question should be "What HASN'T declined in the past few months?"

Most silver and gold - Morgans come immediately to mind..

RYK

I cannot quote a single example, but I do see coins sitting in dealer inventories that probably would have sold more quickly a year ago. I guess I am seeing a decline in interest, rather than a decline in prices.

AU58WALKERS

please let me know when the capped bust series crashes

291fifth

<< <i>I cannot quote a single example, but I do see coins sitting in dealer inventories that probably would have sold more quickly a year ago. I guess I am seeing a decline in interest, rather than a decline in prices. >>



This is exactly what I am seeing. No decline in prices quoted, but an increasingly stale inventory of numismatic coins.

I wonder if many brick and mortar dealers really care much about numismatic coins anymore? Most of their business these days is bullion or jewelry related.

rgCoinGuy

I can give you one example from the ultra low end, no one is buying album filler coins, like BU Presidential Dollars or State Quarters. These are now selling for face value at true auctions on ebay, so I have stopped selling anything with just a small mark up. I have also noticed buying 2008 coins for my albums, it seems most other sellers have found the same thing and you have to use buy-it now to pick them up instead of auctions if you really want them.

rbf

Modern Mint/Proof Set prices have been plummeting lately. Seems whenever collectors need to raise cash, these are among the first items to get dumped.

cladking

<< <i>Modern Mint/Proof Set prices have been plummeting lately. Seems whenever collectors need to raise cash, these are among the first items to get dumped. >>




You're correct of course but it's usually dealers dumping these to raise cash
rather than collectors. There just aren't that many in collectors' hands any
more to dramatically impact price in the short term.

Raw moderns have led the market down in all the recent crashes but it hasn't
been collector selling in the past.

BBN

I too have noticed prices not declining, but coins just sitting in inventory for a long time. On ebay, in 19th century PCGS MS coins, most are BINs that just sit there and keep a constant rotation from ending soon to relisted.

UtahCoin

Wisconsin Extra Leaf quarters