Market Supply/Demand
Zohar
Posts: 6,629 ✭✭✭✭✭
I have yet to experience such a slow market. I can not find any high grade Taler materials in the past 6 months. I search online dealer websites, upcoming Heritage auctions. Conclusion: Limited supply for these.
I believe we will see a dislocated market for some time. Sellers are not selling (yet) while buyers are scooping up every higher grade piece they can get their hands on.
Any thoughts here?
I believe we will see a dislocated market for some time. Sellers are not selling (yet) while buyers are scooping up every higher grade piece they can get their hands on.
Any thoughts here?
0
Comments
Taler Custom Set
Ancient Custom Set
I will say that it is much easier getting a decent coin from a dealer than it is from an individual. JMHO. -Dan
World Collection
British Collection
German States Collection
As a collector, I have had very good experience with the few dealers I work with and definitely people on this forum.
Find me a Taler please
Taler Custom Set
Ancient Custom Set
I agree with ormandh, I think the ever escalating gold market has people sitting on the nice stuff hoping to wait it out a little longer for what they perceive will be the "top" of the market.
I have the powder but haven't had much to shoot at lately .. of course patience and persistence are my dear friends
Also Zohar, are you watching the European auctions? Not much slabbed, but a lot of prachtexamplar material nonetheless. A fair amount of your kind of stuff that ends up slabbed on the US market is sold there raw first.
Price is definitely another matter though. When I buy nice material in my current area of focus I often have to pay more than what I sold the last piece for. Seems crazy to me but all the old time dealers are telling me that's how it goes in a bull market.
If someone seldom handles a certain issue then how can that person know what a strong price is? Auction results and price lists from knowledgable dealers in the country of issue, or ebay completed auctions and the Krause catalog? There are coins worth 40x Krause and coins not worth 40%. It's easy to pay stronger than a disinterested US dealer but if you're paying more than the top dealers in that field chances are you're the end buyer - not that there's anything wrong with that if you're a collector, investor, or speculator. I agree that it can be much easier to buy from dealers though - dealers definitely want to sell!
Regarding shows I believe you are right. Problem here in NYC is the lack of them. Hopefully the January show will make up for the past months.
Thank you.
Taler Custom Set
Ancient Custom Set
<< <i>I wish that I had the chance to see a thaler in ANY collection, but to be honest with you I have not seen the first one. I am usually the one that sees the tailings of any given collection, if that. I wish that I had first dibs on a TRUE collection, because I would definitively pay stronger money than any dealer, I promise you that. -Dan >>
Ask and your wish will be granted
http://www.sixbid.com/nav.php?p=viewsale&sid=332
I noticed you are trying to put together a collection(s) in minimum amount of months. You will get more nejoyment if you are more patient and build it up over time.
You will also have less panic attacks
Taler Custom Set
Ancient Custom Set
The coin market is on an upswing. Can't say that for baseball cards and much less for stamps.
BST: Tennessebanker, Downtown1974, LarkinCollector, nendee
<< <i>It is a bull market, so the demand far exceeds the supply. Not hard to conceptualize at all. The really nice Talers are not going to sell for a regular price because those keep increasing in value. Unless someone needs money right away, there is no point to sell these nice pieces. It really is a bad time to buy.
The coin market is on an upswing. Can't say that for baseball cards and much less for stamps. >>
What grades are on the upswing?
I give away money. I collect money.
I don’t love money . I do love the Lord God.
It depends on the coin. If the coin is plentiful and modern, there will be tons of MS62s for example. No big deal. If its a coin from 1654 from a German state, an MS 62 is on the upswing because few if any get that grade. Its the top tier grades that are highly sought after.
BST: Tennessebanker, Downtown1974, LarkinCollector, nendee