Are Prices that soft..Upcoming Legend

Looking at the upcoming Legend Auction ,something stood out .. Several coins bought 4-5 years and now up for auction, will sell at lower prices than the purchase price of 2010-2011 . Some ex Bear coins , others up to 15,000 look soft . Is that price softness true for even higher priced coins ?
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Andrew Blinkiewicz-Heritage
When silver is hot, silver coins are promoted and prices rise.
When gold is hot, gold coins are promoted and prices rise.
When metals are down for both, neither are promoted heavily and prices are likely to fall.
Such is the case and over the last 2 years of falling metal prices- the market has finally caught up with the metal correction.
<< <i>Is that price softness true for even higher priced coins ? >>
I am seeing 10% or so drops on the categories that I handle from a year ago..
<< <i>Looking at the upcoming Legend Auction ,something stood out .. Several coins bought 4-5 years and now up for auction, will sell at lower prices than the purchase price of 2010-2011 . Some ex Bear coins , others up to 15,000 look soft . Is that price softness true for even higher priced coins ? >>
Are you speaking of the auction that hasn't even took place yet? How do you know what the prices will realize? Are you speaking of the estimates? If so, they are usually low.
Mark
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
soft !!!
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<< <i>Looking at the upcoming Legend Auction ,something stood out .. Several coins bought 4-5 years and now up for auction, will sell at lower prices than the purchase price of 2010-2011 . Some ex Bear coins , others up to 15,000 look soft . Is that price softness true for even higher priced coins ? >>
Are you speaking of the auction that hasn't even took place yet? How do you know what the prices will realize? Are you speaking of the estimates? If so, they are usually low.
Mark >>
Estimates are $3,000- $ 8,000 lower than purchase prices .....and lower than recent auction prices of same grade..
Coin Rarities Online
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<< <i>Looking at the upcoming Legend Auction ,something stood out .. Several coins bought 4-5 years and now up for auction, will sell at lower prices than the purchase price of 2010-2011 . Some ex Bear coins , others up to 15,000 look soft . Is that price softness true for even higher priced coins ? >>
Are you speaking of the auction that hasn't even took place yet? How do you know what the prices will realize? Are you speaking of the estimates? If so, they are usually low.
Mark >>
Estimates are $3,000- $ 8,000 lower than purchase prices .....and lower than recent auction prices of same grade.. >>
Don't ever bid based on Goldberg estimates, you will get blown out of the water by wholesale bidders.
Choice Numismatics www.ChoiceCoin.com
CN eBay
All of my collection is in a safe deposit box!
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<< <i>Looking at the upcoming Legend Auction ,something stood out .. Several coins bought 4-5 years and now up for auction, will sell at lower prices than the purchase price of 2010-2011 . Some ex Bear coins , others up to 15,000 look soft . Is that price softness true for even higher priced coins ? >>
Are you speaking of the auction that hasn't even took place yet? How do you know what the prices will realize? Are you speaking of the estimates? If so, they are usually low.
Mark >>
Estimates are $3,000- $ 8,000 lower than purchase prices .....and lower than recent auction prices of same grade.. >>
Don't ever bid based on Goldberg estimates, you will get blown out of the water by wholesale bidders. >>
Don't be confused ...many of the lower prices were from Heritage...... but some nice coins in Legend I will bid for
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<< <i>Looking at the upcoming Legend Auction ,something stood out .. Several coins bought 4-5 years and now up for auction, will sell at lower prices than the purchase price of 2010-2011 . Some ex Bear coins , others up to 15,000 look soft . Is that price softness true for even higher priced coins ? >>
Are you speaking of the auction that hasn't even took place yet? How do you know what the prices will realize? Are you speaking of the estimates? If so, they are usually low.
Mark >>
Estimates are $3,000- $ 8,000 lower than purchase prices .....and lower than recent auction prices of same grade.. >>
Estimates are traditionally low in auction catalogs. They usually mean squat.
Mark
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......