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Re: $4,400 Gold -- How Is The Rising Price Changing The Market ?
There is no realistic prospect of an increase in the hobbyist collector base maintaining noticeably higher premiums. The "collectors" you are writing about are almost certainly primarily fi… (View Post)1 -
Re: $4,400 Gold -- How Is The Rising Price Changing The Market ?
It's been high or above average most of the 21st century, only approaching "normal" at the last silver peak in 2011 when it was about 38. The last time it approached 15-1 was at the al… (View Post)4 -
Re: If you collect a particular type of coin, why is it THAT type?
Always liked it after seeing the Mexico pillar dollar on page 3 in the old Red Books. Since I didn't bother to read the Red Book entry, I didn't know there were other denominations and mint… (View Post)1 -
Re: $4,400 Gold -- How Is The Rising Price Changing The Market ?
There aren't enough hobbyist collectors who can both afford and like these coins enough as collectibles to pay this type of price. DE costs the same or more vs. somewhere in the vicinity of 99% … (View Post)6 -
Re: $4,400 Gold -- How Is The Rising Price Changing The Market ?
I'd expect generic eagles and DE premiums to shrink because these coins are actually bullion. (Plenty of non-US "classic" gold has sold for "melt" in the past if not now.) A … (View Post)2