Walker Proof Digital Album 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......
Buyer.
I've yet to sell anything.
No reason to, was going to sell some gold at my pre-determined price of $1350.00, changed my mind.
(I used to be uncertain, now I'm just not sure....!!!!)
seller...wait, no...buyer...nope...well, both because every coin I sell I have to buy first, so I guess we will see at the end of the year...All's I know for sure is i'm losing $$$ and there has never been a more fun way to lose $$$ for me...at least since I've been here on Earth
As a dealer I need to buy and sell while making a profit and/or increasing inventory.
If the slide continues dealers may have to trim inventories to pay the creditors.
The market is showing some signs of improving. If that reverses and the previous decline continues, I predict that we will begin to see corporate bankruptcy filing from some dealers. This happened in 1990.
Buyer I hope. Finding what I want in the grades that fit my collection has become almost impossible, and I am not buying anything that is close to the finest graded.
Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
As a dealer I need to buy and sell while making a profit and/or increasing inventory.
If the slide continues dealers may have to trim inventories to pay the creditors.
No creditors, no debt.
Very good place to be. Dealers have been known to be significantly leveraged. Rising interest rates could turn things ugly.
I can only pray that interest rates go up. They have been at historical lows for what seems forever. Interest rates have only one way to go.....up
mark
Walker Proof Digital Album 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......
These interest rates have been terrible for retirees who are living on the edge and take risks connected with the stock market. I'm not one of those people, but I understand what they are facing.
Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
@BillJones said:
These interest rates have been terrible for retirees who are living on the edge and take risks connected with the stock market. I'm not one of those people, but I understand what they are facing.
Agree. Hurts retirees, savers and those with risk aversion
m
Walker Proof Digital Album 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......
Walker Proof Digital Album 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......
Practically no Americans now living have realistic ideas on how to play a deflationary environment, so that's probably the next turn of the screw - not that that is the final chapter, not by any means.
If I was smart I would be neutral and zero. If I was really smart I would be a seller. But apparently I'm neither and will probably add a few more to the pile...
@BillJones said:
These interest rates have been terrible for retirees who are living on the edge and take risks connected with the stock market. I'm not one of those people, but I understand what they are facing.
Agree. Hurts retirees, savers and those with risk aversion
m
I don't understand. There are inflation adjusted T-bills that retirees can invest in that will hold up against inflation. Unless exceptionally wealthy, most investment planners don't recommend riskier investments anyway at that age.
Comments
Buyer.
Buyer.
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......
Seller
Buyer of limited mintage Mint products I can flip.
Buyer.
I've yet to sell anything.
No reason to, was going to sell some gold at my pre-determined price of $1350.00, changed my mind.
(I used to be uncertain, now I'm just not sure....!!!!)
Seller
Seller
Here's a warning parable for coin collectors...
Unless something legitimately rare and super PQ comes up (e.g. something I won't see for at least a decade).
Seller
“In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson
My digital cameo album 1950-64 Cameos - take a look!
Buyer.
POST NUBILA PHOEBUS / AFTER CLOUDS, SUN
Love for Music / Collector of Dreck
(Original post deleted.....Never mind....I annoyed even myself).
Net buyer. I don't like selling.
seller...wait, no...buyer...nope...well, both because every coin I sell I have to buy first, so I guess we will see at the end of the year...All's I know for sure is i'm losing $$$ and there has never been a more fun way to lose $$$ for me...at least since I've been here on Earth
Mostly, seller - but probably both.
Definitely a buyer (Well, unless a whale comes along and makes me an offer I can't refuse).
Member ANA, SPMC, SCNA, FUN, CONECA
Net seller vintage (falling market support, fewer collectors) net buyer MWG.
The net seems to be about the best way to buy and sell coins these days.
Neutral.
As a dealer I need to buy and sell while making a profit and/or increasing inventory.
Buyer
If the slide continues dealers may have to trim inventories to pay the creditors.
The market is showing some signs of improving. If that reverses and the previous decline continues, I predict that we will begin to see corporate bankruptcy filing from some dealers. This happened in 1990.
Buyer, I've never been able to part with many of my coins.
No creditors, no debt.
I've been selling for a year and will continue to sell as long as my markets remain strong.
Indeed, I hope to increase my selling next year.
Very good place to be. Dealers have been known to be significantly leveraged. Rising interest rates could turn things ugly.
Buyer mostly
Successful Trades: Swampboy,
My plan is to buy only and not sell at all.
Donato
Donato's Complete US Type Set ---- Donato's Dansco 7070 Modified Type Set ---- Donato's Basic U.S. Coin Design Set
Successful transactions: Shrub68 (Jim), MWallace (Mike)
Buyer I hope. Finding what I want in the grades that fit my collection has become almost impossible, and I am not buying anything that is close to the finest graded.
I can only pray that interest rates go up. They have been at historical lows for what seems forever. Interest rates have only one way to go.....up
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......
These interest rates have been terrible for retirees who are living on the edge and take risks connected with the stock market. I'm not one of those people, but I understand what they are facing.
Slight net buyer. My passion for coins is still running ahead of my economic apprehensions about the future.
Agree. Hurts retirees, savers and those with risk aversion
m
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......
What hurts them is rabid inflation....but that is more of a PM forum topic.
I would love some inflation and I'm a Pat's fan
m
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......
Practically no Americans now living have realistic ideas on how to play a deflationary environment, so that's probably the next turn of the screw - not that that is the final chapter, not by any means.
If I was smart I would be neutral and zero. If I was really smart I would be a seller. But apparently I'm neither and will probably add a few more to the pile...
Buyer. Prices have settled down and leveled nicely. Not a deflationary spiral.
Probably will be a net seller in terms of quantity, but a net buyer in terms of dollar value.
+1
Just bought three coins at Heritage tonight. Including a 36-s Oregon.
Hey...we still have 2 months left in the year.
Been a net buyer for 50 straight years. 2018 will be no different. Buy, buy, buy!
Dave
Also +1. Sell some lower value stuff to buy more upgrades, maybe expand a bit.
Gonna get me a $50 Octagonal someday. Some. Day.
Likely a net seller. Maybe 1 out of 10 coins/medals I buy is a "keeper", something I don't lose interest in, or have any thoughts of selling.
Mostly a buyer, but I have generated a number of duplicates that I need to sell.
Was a big seller in 2017. I’ll be a buyer in 2018, God willing.
Buyer on my main collection.
Seller on anything else
Buyer !!!
Downsizing. That should mean I'm a seller. Trying like heck not to be a buyer.
Need a ten step program.
Step 1: Recognize there is a problem...
I don't understand. There are inflation adjusted T-bills that retirees can invest in that will hold up against inflation. Unless exceptionally wealthy, most investment planners don't recommend riskier investments anyway at that age.
+2 if the right coins come up for sale
Buyer of (hopefully) many, seller of a few.
Altho, every time that I sell I seem to regret it.
BHNC #203