Do you tremble in morbid fear, or go into fits of rage, everytime Legend ...

Pushkin · May 30, 2009 3:23AM

. . .post a market report?

I find the reports interesting, and informative, as works that are a combination of non-fiction and fiction. I've only bought four or five coins from Legend Numismatics and they were nice coins at a fair price. However, I've never bought or sold a coin because of their analysis or opinion. I suppose their market reports may have a small, temporary influence on some sectors of the market, just my opinion.

To what extent do you fear, worry, rejoice or yawn because of their reports?

ChrisRx · May 30, 2009 3:24AM

Just one report from one individual (especially in a series they are not affluent in) is not enough to make me worry, be fearful, etc.

ambro51 · May 30, 2009 3:41AM

Most Dealer to Collector communications are driven by some self centered promotion....but Legend I feel 'tells it like it is". If you as a collector are not one of e privilaged few who can sit down in person to have coffee and donuts with other dealers....theres no way you can be 'let in' on the current trends in the coin marketplace.

But like many predictions, it is capable of being either unfilfilled or self-fulfilled,

KentuckyJ · May 30, 2009 3:43AM

> To what extent do you fear, worry, rejoice or yawn because of their reports?

Fear the Legend reports? Not yet and probably never.
Rejoice over seeing their reports? "Rejoice" is much too strong of a word to describe my generally positive receptivity.
Yawn? No. Legend always has an interesting perspective well worthy of more than a yawn.
Fits of rage? No. Going into any fit of rage = you've taken something, whatever, much too seriously.
Criticize her reports? Only when an obvious absence of spell check and poor sentence construction force me to do

As I said in another thread, I usually feel Laura is one who loves coins and has a genuine enthusiasm and passion for numismatics. I admire and respect her accomplishments.

pennyannie · May 30, 2009 3:49AM

I do not worry about what legend says one way or the other. I am sure they have the pulse on high end coins that cost over 5k. That is not the area i collect in. I am a bottom feeder, i collect in the trenches with the masses. I feel i know that area better than legend.

notwilight · May 30, 2009 3:54AM

Should I be reading them? got a link?

yellowkid · May 30, 2009 3:55AM

Be it coins, stocks, or real estate, it is very difficult for someone to be objective in a "report' when they sell the item they are reporting about.

BillJones · May 30, 2009 3:56AM

I try to ignore Legend's comings and goings because I prefer to enjoy the hobby.

I have taken a peak at what they have in their cases at major shows (Baltimore and FUN), but never saw anything I could use. I pay big bucks mostly for early U.S. coins in AU and low end Unc., and they don't seem to stock much of that material.

In theory I should be fully supportive of their efforts to make the coin market open and honest, but in practice I'm just not their kind of collector on any level. It's sort of an oil and water thing.

ChrisRx · May 30, 2009 3:57AM

<< <i>I do not worry about what legend says one way or the other. I am sure they have the pulse on high end coins that cost over 5k. That is not the area i collect in. I am a bottom feeder, i collect in the trenches with the masses. I feel i know that area better than legend. >>

I have to agree. I would give it more thought if they were talking about what they specialize in (like patterns)