The fine line between now and the future...

tradedollarnut

...or how i learned to love the bomb.

Pogue is definitely overhanging the market. There are once in a generation coins waiting to go off for moon money. But here and now there are once in a generation coins that are relative bargains. What is the tipping point to ignore the two in the bush and take the one in the hand?

Justacommeman

<< <i>...or how i learned to love the bomb.

Pogue is definitely overhanging the market. There are once in a generation coins waiting to go off for moon money. But here and now there are once in a generation coins that are relative bargains. What is the tipping point to ignore the two in the bush and take the one in the hand? >>



I had to read that twice but I agree and I don't have an answer for the question. There have been some great coins that have come out of hiding recently. One could only speculate that collectors and dealers alike are gearing up to try for Pogue coins. I recently saw this at LB where a prominent collector had some GREAT stuff for sale in series that I didn't even know he collected. The gathering of bullets.


MJ

sparky64

This simply stated topic is a brain bender.

I'd generally say that the one in hand should not be let go but on the other hand...........no guts, no glory.

I'd love to read a transcript of the war room conversations involved in making such decisions.

EastonCollection

Pogue, Newman, Partrick and Gardner - These are 30 plus years hitting the market all within a short period and this is in addition to the norman collections hitting the market. WOW! Its going to be a buyers market until all these big time coins are absorbed by the marketplace. TDN - great time to put together awesome sets!

Justacommeman

<< <i>This simply stated topic is a brain bender.

I'd generally say that the one in hand should not be let go but on the other hand...........no guts, no glory.

I'd love to read a transcript of the war room conversations involved in making such decisions. >>



You should hear the conversations in my head

MJ

TahoeDale

Bruce,

I'll go for the one in hand, almost every time. But I will view all the 100 in the bush, and maybe get lucky.

See you there.

BryceM

It would be folly to think that the upcoming Pogue auctions aren't having an effect on dealer's cash situations & liquidity right now..........

The current perception of softness in the market might be nothing more than people trying to build up a little cash. Several other important collections have soaked up a lot of $$ in the past couple of years. After the sale when auction bills come due, it might be a good time to be a buyer.

Cougar1978

If you have the chips and feel you have a really hot hand go for an all in.

DollarAfterDollar

I think you're asking the wrong question. I think the smart money takes time out to ponder "what else" is going to flood the market in the next few years? The current saturation of quality coins in the marketplace is already having an effect on prices. Unless there's an absolute need for any given coin today, the best strategy might be to wait. On the other hand buying something today you know will move quickly might still be do-able.

It's the old "catch a falling knife" worry. Major collections that Heritage, Legend and the rest are working on today will just continue to depress prices. The other thing is that coins sold today aren't ending up in the strongest of hands given that most collectors with the means to purchase the best of the best are older folks whose clocks are ticking.

Frankly, I think that in 10 years time some $5,000 coins today will bring half that.

JMO

Coin Finder

How much "happiness" do you need? Only you can answer that question.

DIMEMAN

The Pogue sale will have no affect on me at all. I guess that is a plus for being poor.

leothelyon

All depends what people are investing their money into.......and coins are not related to stock and bonds and real estate.

leothelyon

Sure, if you're into buying the highest percentage selling coin.

illini420

Based on the coins I saw on display at Long Beach, the Pogue sale will only have a direct impact on the cash flow of the upper 5% (or even 1%) of dealers and/or collectors. For the rest of us, it'll be fun to watch and fun to try to get everything else that isn't in the spotlight

stealer

<< <i>

<< <i>This simply stated topic is a brain bender.

I'd generally say that the one in hand should not be let go but on the other hand...........no guts, no glory.

I'd love to read a transcript of the war room conversations involved in making such decisions. >>



You should hear the conversations in my head

MJ >>


We're all a little schizophrenic, just some are more so than others.

tradedollarnut

<< <i>Based on the coins I saw on display at Long Beach, the Pogue sale will only have a direct impact on the cash flow of the upper 5% (or even 1%) of dealers and/or collectors. For the rest of us, it'll be fun to watch and fun to try to get everything else that isn't in the spotlight >>



Silly you - you forget that most every coin frees a dupe that comes onto the market for the next collector, which frees a dupe for the next, and so on and so on....

mrearlygold

Excellent advice