Sentiment is positive

By Mark Ferguson for Coin Values

Rare Coin Market and Inflation concernsWe’ve seen tremendous price appreciation for coins during the bull market of the past five years.

But with all the talk in the mainstream news about the credit crunch, a recession, possibly even a depression, or at least the most difficult of economic times facing us since the Great Depression, is there really still potential for price appreciation in the coin market?

The general sentiment of players in this market, who are both collectors and dealers, is a resounding “Yes, most definitely!”

The whole coin market may not be poised to appreciate, but in speaking regularly with coin people I have found that most who are involved in this market agree: particular areas show potential for appreciation.

The primary thinking is that we’re in for another round of general economic price inflation.

Historically the coin market does very well during times of inflation. The signs are obvious that living costs are in a rising trend, beginning with our need for transportation, both personally and in shipping goods.

Even if the costs of particular goods themselves are not appreciating yet, many vendors in today’s economy are adding a fuel surcharge. Read Full Article Here

About the Author

Coin Values Online provides retail values for more than 45,000 U.S. coins, struck since 1792. Coin Values Online also offers weekly commentary by Mark Ferguson, Coin World’s U.S. coin market analyst. Ferguson heads up Coin World’s pricing apparatus in the U.S. coin market sector.

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  1. Martin Kaplan | May 17, 2008 | Reply

    The article by Mark Ferguson speaks of the U.S. numismatic market. Throughout the world, many country’s populations are becoming wealthier, can I call it “global economic demographics”? With this increase in global wealth some will trickle into art and collectibles. I suspect that ancient coins, world coins and world bank notes may be valued where U.S. coins and bank notes were a number of years ago, with a bright future ahead. Time will tell how this all plays out.

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