New twist on whether you would like to turn the coin market back 20 years
topstuf
Posts: 14,803 ✭✭✭✭✭
We've all heard the old saying, "Boy, if I could only go back in time knowing what I know now."
Right?
Wellllllll................ how about if you did NOT know what you know now?
You'd know exactly what you knew 20 years ago.
What now, brown cow?
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Would my wife and I get to be twenty years younger again, as well?
In honor of the memory of Cpl. Michael E. Thompson
20 years ago I was in college, so I didn't really know anything, other than how to open a beer and disgust women.
what is going to be good 20 years from now? we cant turn back time but what we know now sure can help 20 or 30 years from now. just saying.
That's a good point!
Just do now the same things that you wish you had done 20 years ago.
Then, 20 years from now, you can say, "I'm sure glad I did that!"
Liberty: Parent of Science & Industry
But no, I would not wish to relive the past 20 years again, if I did not have any benefit of knowing what I know now.
What would be the point of doing it all exactly the same again, and having it seem just like the first time?
Liberty: Parent of Science & Industry
Would have loaded up on coins in 1996. Tons of fabulous deals at that time. The world was your oyster. And buying stocks from 1996 to 2000 wouldn't have been a bad thing either. I'll pass on the Biff Tannen sports book betting and getting rich. That's not realistic. But it was pretty clear coins in 1996 and numerous other collectibles (like muscle cars) were extremely beaten down from their 1989-1990 highs....if you had money left to buy anything. A lot of people held on to their 1989-1992 coin buys and rode them down into 1996, having no fresh money to go to work in 1996. Would have made some adjustments to my "work career." And my diet would have changed 12 years earlier for the better.
I first got serious about coins in 1995 - would love to do it again!
In 20 years, I think a large number of the very stable coin collectors will be dead. Those guys tended to collect what they could collect as kids. I imagine that the demand for pre-64 coins will diminish as a result. However, i know nothing about either subject so carry on.
Do any of the major coin shows keep records of attendance, or even better average age, at the big shows?
I would of bought every 1995-W PF70 ASE I could and buy as many low-population Chinese gold and silver coins as well.
Sold that all in 2015 or so and banked out and bought stuff I want.
Twenty years ago, i purchased a lot of gold..... wish I had purchased more.....now, looking twenty years in the future..well, kinda dark there....
Cheers, RickO
Definitely would have stocked up on silver bullion.
My YouTube Channel
Let's try this old post again in the current coin scene.
Such an easy answer.
For some reason a bad Cher song is running in my mind...............
"Got a flaming heart, can't get my fill"
From every current photo I See of her it would appear that her main goal in life is to turn back the clock. Or at least make it stop. Mixed results
If I could turn back the clock, I would turn it back to the late 1960s to the first coin show I attended. The coins I saw were awesome with many BU large and half cents! Everything you could imagine was at that show with gold $2 1/2 selling for around $35. (if I remember correctly). My neighbor sold a $20 saint for $50. If I only had money and foresight!
Your question is counterintuitive. if I didn’t know then what I know now, How would I change anything?
That being said; I wish I would’ve bought more Saints and more early walkers in 1999.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/