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#1
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Evidence of upsurge in coin-collecting?
I recently accessed US coin dealer Joel Anderson's web site and found
the following message:- "NOTE: Due to the huge volume of orders we are running about two weeks behind on processing orders." What is causing this sudden popularity, I wonder? Is it the stock market/credit crunch turmoil that is making people rush into coins? (Not a good idea, IMHO). And is it silver coins they are going for, I wonder? Does any one have any idea what might have caused the upsurge in interest? Is coin-collecting "on a roll" in the US? Adam. |
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#2
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Evidence of upsurge in coin-collecting?
On Mar 22, 10:09 am, wrote:
I recently accessed US coin dealer Joel Anderson's web site and found the following message:- "NOTE: Due to the huge volume of orders we are running about two weeks behind on processing orders." What is causing this sudden popularity, I wonder? Is it the stock market/credit crunch turmoil that is making people rush into coins? (Not a good idea, IMHO). And is it silver coins they are going for, I wonder? Does any one have any idea what might have caused the upsurge in interest? Is coin-collecting "on a roll" in the US? Adam. I think that the uncertainness of the U.S. economy, coupled with the increases in gold and silver may have something to do with it. Of course, that has been tempered in recent days with the actions of the Federal Reserve, causing the stock market to gain huge numbers and the metals markets to see a 'correction' of a sort. I only wish I had seen that writing on the wall as it was unfolding, and sold off part of my junk silver when it was $20+ an ounce... oh well. Les http://life-of-coins.blogspot.com/ |
#3
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Evidence of upsurge in coin-collecting?
wrote in message
... I recently accessed US coin dealer Joel Anderson's web site and found the following message:- "NOTE: Due to the huge volume of orders we are running about two weeks behind on processing orders." What is causing this sudden popularity, I wonder? Is it the stock market/credit crunch turmoil that is making people rush into coins? (Not a good idea, IMHO). And is it silver coins they are going for, I wonder? Does any one have any idea what might have caused the upsurge in interest? Is coin-collecting "on a roll" in the US? Adam. I think it might be a bit of a stretch to suggest that an upsurge on Joel Anderson's site would be indicative of an upsurge in the marketplace as a whole. Joel specializes in unusual coins, and may have had more come in recently etc. Frankly most of the coins he sells are more interesting in factor than investments etc. That said, he is a great and very helpful dealer if you ever see him at shows on the West Coast, he does have a lot of stuff that most dealers won't carry, and he is more than happy to show the whole inventory to you if you let him. -- My Website on Numismatics - Scottish in Particular: http://www.geocities.com/scottishmoney |
#4
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Evidence of upsurge in coin-collecting?
On Mar 22, 4:20*pm, "
wrote: On Mar 22, 10:09 am, wrote: I recently accessed US coin dealer Joel Anderson's web site and found the following message:- "NOTE: Due to the huge volume of orders we are running about two weeks behind on processing orders." What is causing this sudden popularity, I wonder? Is it the stock market/credit crunch turmoil that is making people rush into coins? (Not a good idea, IMHO). And is it silver coins they are going for, I wonder? Does any one have any idea what might have caused the upsurge in interest? Is coin-collecting "on a roll" in the US? Adam. I think that the uncertainness of the U.S. economy, coupled with the increases in gold and silver may have something to do with it. *Of course, that has been tempered in recent days with the actions of the Federal Reserve, causing the stock market to gain huge numbers and the metals markets to see a 'correction' of a sort. I only wish I had seen that writing on the wall as it was unfolding, and sold off part of my junk silver when it was $20+ an ounce... oh well. Leshttp://life-of-coins.blogspot.com/ I'm hearing about a lot of folks selling silver recently. |
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Evidence of upsurge in coin-collecting?
On Mar 22, 10:09*am, wrote:
I recently accessed US coin dealer Joel Anderson's web site and found the following message:- "NOTE: Due to the huge volume of orders we are running about two weeks behind on processing orders." What is causing this sudden popularity, I wonder? Is it the stock market/credit crunch turmoil that is making people rush into coins? (Not a good idea, IMHO). And is it silver coins they are going for, I wonder? Does any one have any idea what might have caused the upsurge in interest? Is coin-collecting "on a roll" in the US? Adam. To use such a small statistical sampling (1 dealer) to posit a surge in coin collecting interest is inane, not unlike claiming it's going to rain forever because it rained today. |
#6
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Evidence of upsurge in coin-collecting?
On Mar 22, 3:25*pm, "scottishmoney" wrote:
I think it might be a bit of a stretch to suggest that an upsurge on Joel Anderson's site would be indicative of an upsurge in the marketplace as a whole. *Joel specializes in unusual coins, and may have had more come in recently etc. *Frankly most of the coins he sells are more interesting in factor than investments etc. He does both modern NCLT and circulation stuff. I usually buy from his modern circulation stock, as I have world circulation sets going back to the 1920s. He also does a lot of silver NCLT, so I thought that this might be attracting Joe Public. Whether they're interested in the wackier, tackier stuff that he sells, such as guitar-shaped coins, coloured or appliqué coins, coins wearing a kilt, etc., I don't know. That said, he is a great and very helpful dealer if you ever see him at shows on the West Coast, he does have a lot of stuff that most dealers won't carry, and he is more than happy to show the whole inventory to you if you let him. Yes, I've always found him very helpful. Adam. |
#7
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Evidence of upsurge in coin-collecting?
On Mar 22, 3:40*pm, RF wrote:
On Mar 22, 10:09*am, wrote: I recently accessed US coin dealer Joel Anderson's web site and found the following message:- "NOTE: Due to the huge volume of orders we are running about two weeks behind on processing orders." What is causing this sudden popularity, I wonder? Is it the stock market/credit crunch turmoil that is making people rush into coins? (Not a good idea, IMHO). And is it silver coins they are going for, I wonder? Does any one have any idea what might have caused the upsurge in interest? Is coin-collecting "on a roll" in the US? Adam. To use such a small statistical sampling (1 dealer) to posit a surge in coin collecting interest is inane, not unlike claiming it's going to rain forever because it rained today. True, one swallow does not a summer make, and Joel services only a small part of the market. Moreover, I suppose it depends on how huge his huge volume of orders is, but it is unusual these days to hear of coin dealers experiencing huge volumes of orders, and I wondered if any one had any ideas what might be behind it. I've noticed recently in the UK that our decimal system seems to have come of age, in that you will find a considerable variety of 50p, pound and two pound designs in your change, as well as the three different effigies of Queen Elizabeth, and I'm surmising that this might soon encourage a surge in coin- collecting in the UK. It would be unusual, of course, to find one dealer experiencing a surge of interest on his own, so sometimes you *can* extrapolate to wider trends. Which is why we end up with general (nationwide) and not isolated recessions and booms. I've never claimed it would rain forever, though, or even that Joel's surge would last forever, so I am happy to leave you to your obsession with statistics (yawn...). Adam. |
#8
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Evidence of upsurge in coin-collecting?
On Mar 22, 3:20*pm, "
wrote: On Mar 22, 10:09 am, wrote: I recently accessed US coin dealer Joel Anderson's web site and found the following message:- "NOTE: Due to the huge volume of orders we are running about two weeks behind on processing orders." What is causing this sudden popularity, I wonder? Is it the stock market/credit crunch turmoil that is making people rush into coins? (Not a good idea, IMHO). And is it silver coins they are going for, I wonder? Does any one have any idea what might have caused the upsurge in interest? Is coin-collecting "on a roll" in the US? Adam. I think that the uncertainness of the U.S. economy, coupled with the increases in gold and silver may have something to do with it. *Of course, that has been tempered in recent days with the actions of the Federal Reserve, causing the stock market to gain huge numbers and the metals markets to see a 'correction' of a sort. I only wish I had seen that writing on the wall as it was unfolding, and sold off part of my junk silver when it was $20+ an ounce... oh well. Leshttp://life-of-coins.blogspot.com/ Did I read somewhere that there is only 17 years' supply of silver left at current world usage rates? There's a limit to how much can be discovered and mibned over the next 17 years too, so you'll probably see a lot more than $20 per ounce if you can hang on for anothe decade or so. That's if the current finanical turmoil, not to mention "peak oil" (due early next decade), doesn't lead to "demand destruction". Adam. |
#9
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Evidence of upsurge in coin-collecting?
On Mar 22, 12:27*pm, wrote:
On Mar 22, 3:40*pm, RF wrote: On Mar 22, 10:09*am, wrote: I recently accessed US coin dealer Joel Anderson's web site and found the following message:- "NOTE: Due to the huge volume of orders we are running about two weeks behind on processing orders." What is causing this sudden popularity, I wonder? Is it the stock market/credit crunch turmoil that is making people rush into coins? (Not a good idea, IMHO). And is it silver coins they are going for, I wonder? Does any one have any idea what might have caused the upsurge in interest? Is coin-collecting "on a roll" in the US? Adam. To use such a small statistical sampling (1 dealer) to posit a surge in coin collecting interest is inane, not unlike claiming it's going to rain forever because it rained today. True, one swallow does not a summer make, and Joel services only a small part of the market. Moreover, I suppose it depends on how huge his huge volume of orders is, but it is unusual these days to hear of coin dealers experiencing huge volumes of orders, and I wondered if any one had any ideas what might be behind it. I've noticed recently in the UK that our decimal system seems to have come of age, in that you will find a considerable variety of 50p, pound and two pound designs in your change, as well as the three different effigies of Queen Elizabeth, and I'm surmising that this might soon encourage a surge in coin- collecting in the UK. It would be unusual, of course, to find one dealer experiencing a surge of interest on his own, so sometimes you *can* extrapolate to wider trends. Which is why we end up with general (nationwide) and not isolated recessions and booms. I've never claimed it would rain forever, though, or even that Joel's surge would last forever, so I am happy to leave you to your obsession with statistics (yawn...). Let's see now... You make a completely erroneous bone-headed assumption based on an alleged increase in orders from one obscure dealer and you think I'M obsessed with statistics? |
#10
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Evidence of upsurge in coin-collecting?
On Mar 22, 6:13*pm, RF wrote:
On Mar 22, 12:27*pm, wrote: [...] It would be unusual, of course, to find one dealer experiencing a surge of interest on his own, so sometimes you *can* extrapolate to wider trends. Which is why we end up with general (nationwide) and not isolated recessions and booms. I've never claimed it would rain forever, though, or even that Joel's surge would last forever, so I am happy to leave you to your obsession with statistics (yawn...). Let's see now... You make a completely erroneous bone-headed assumption based on an alleged increase in orders from one obscure dealer and you think I'M obsessed with statistics? Whatever you're obsessed with, it isn't coins. You're obviously a very angry young lady who has had a lot of sadness and frustration in her life. So, why not go away and give your clitoris a nice massage, there's a good girl. It'll soothe you, I guarantee. You know you can't do it while you're holding the mouse. You'll be back to make some more hysterical comments, I guarantee it, but then you just can't help yourself really, can you? Never mind - I forgive you in advance. xxx Adam. |
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