So Baltimore is now over, the hoopla is gone, the flags are furled......
Bear
Posts: 18,953 ✭✭✭
Another coin show that sloshes this way and that
with the tides. Hot gold but mediocre silver type
demand and insufficient non played with specimens
even for that. We are in a transition state, where no one
is quite sure if deflation or inflation is the name of the game.
Many dealers appear to be selling whatever they can get their
hands on that will sell. A lot more dealers are handling coins on
consignment. Other then Big Name Premo Collections, most
auctions have been so/so, with largely recycled material. Some say that
the market is slowly recovering because they can see it quiver a bit.
That may be so, but methinks, that it really has a ways to go yet. It
appears that those collectors with Top of the Line silver type coins, are
keeping the for sale sign off their coins, until a little more life comes to
the party. However, do not be glum, for better days are certainly coming
for coins. One just has to be a little patient during the doldrums.
When I do purchase a coin, I am finding that for the price paid,
I seem to be getting really top of the line coins for whatever grade
I decide to buy. In the past, I had to chase such coins pricewise. The
whales keep plowing ahead, the sardines have cut back a bit in volume
and to lower grades while the salmon collectors, are becoming much more
selective as to the overall appearence as well as technical aspects of a coin.
If we look at the immediate future, Silver type coins may weaken a bit more,
but if we extend our horizons out several years, the outlook for quality coins
seems bright. There are wars and rumors of wars, unemployment and a droopy
housing market, but what seems as true today as it was in the past, what matters
most is our families and friends . Their can be no price placed on their love and warm
qualities in a world chilled with grayness. Of course, a nice coin collection to be viewed
periodically by a warm fire place helps a lot in keeping us pleasantly occupied.
If one keeps the good coins in a bank vault, then the Forum will suffice for a few interesting
and relaxing periods of time, well spent.
with the tides. Hot gold but mediocre silver type
demand and insufficient non played with specimens
even for that. We are in a transition state, where no one
is quite sure if deflation or inflation is the name of the game.
Many dealers appear to be selling whatever they can get their
hands on that will sell. A lot more dealers are handling coins on
consignment. Other then Big Name Premo Collections, most
auctions have been so/so, with largely recycled material. Some say that
the market is slowly recovering because they can see it quiver a bit.
That may be so, but methinks, that it really has a ways to go yet. It
appears that those collectors with Top of the Line silver type coins, are
keeping the for sale sign off their coins, until a little more life comes to
the party. However, do not be glum, for better days are certainly coming
for coins. One just has to be a little patient during the doldrums.
When I do purchase a coin, I am finding that for the price paid,
I seem to be getting really top of the line coins for whatever grade
I decide to buy. In the past, I had to chase such coins pricewise. The
whales keep plowing ahead, the sardines have cut back a bit in volume
and to lower grades while the salmon collectors, are becoming much more
selective as to the overall appearence as well as technical aspects of a coin.
If we look at the immediate future, Silver type coins may weaken a bit more,
but if we extend our horizons out several years, the outlook for quality coins
seems bright. There are wars and rumors of wars, unemployment and a droopy
housing market, but what seems as true today as it was in the past, what matters
most is our families and friends . Their can be no price placed on their love and warm
qualities in a world chilled with grayness. Of course, a nice coin collection to be viewed
periodically by a warm fire place helps a lot in keeping us pleasantly occupied.
If one keeps the good coins in a bank vault, then the Forum will suffice for a few interesting
and relaxing periods of time, well spent.
There once was a place called
Camelot
Camelot
0
Comments
Sounds like something a bear would avoid being done to it..........
You mean I can't make big money by flipping dreck?
did you
even
attend
the show?
or is this
a desperate
attempt to
post some-
thing on
topic for
a
change?
By the way, I bought three coins from the show.
Camelot
that's a rather politician-like answer.
so did you go to the show?
It's a simple yes or no.