On Apr 6, 3:51*pm, Ruben wrote:
On Sat, 06 Apr 2013 01:12:38 -0700, oly wrote:
There are large swathes of the present numismatic market that are not
realistic and as impermanent as an ice cube in hell. *There has been a
lot of hucksterism in new coins and/or modern medals in every decade
(all or part of six different decades now) that I have collected coins.

Call it what you want but the markey has upheld these prices largely for
more than 20 years now, so your opinion holds only to you and not the
market.

The statement that these MS 70 graded coins will return to bullion prices
is the wishful thinking. *I suggest you use that 6 decades of experience
to reevaluate your conclusion based on market evidence.

And it is not just MS 70 coinages, but the full range for conditional
rarities such as a 1944 FB MS66

I personally wouldn't buy these coins but the crack out game has been old
news for a long time now and there is no evidence at all that it will
lose its market support, not now and not in the forseeable future.

There is no point being grumpy about it.

Rubenhttp://www.coinhangout.com/cgi-bin/YaBB.pl

You haven't owned any of these "70" modern coins, so you haven't tried
to sell any of these "70" coins back into that market, and you're
certain that you know that the prices are valid and that there is a
real and strong and steady market.

You ought to get yerself a swami hat and a crystal ball, Karnak.
You'll soon find the future ain't all that foreseeable.

And don't go dragging in coins from seventy or eigthy years ago;
that's not what we were discussing. "Conditional rarities is a whole
'nother way of getting ass-reamed. We were discussing high-grade
modern novelties in slabs. They are silver bullion and that's all
they are likely to ever be. So a smart person gives spot plus a
couple of dollars, which greatly limits one's risk.

oly