To: JohnHuang2
If people thought the economy was as rotten as the media polls say they do, the economy would screeched to a halt.
I am a investment-level collector.
From 2000-2003, many high-level items were up for auction and bidding was fierce. Prices realized were often extremely high when compared to book value.
Prices realized on eBay are very low right now. I checked w/someone who collects in a different area and they report the same: high quality appreciable items are going low or not selling on eBay.
I do some appraising in my general area of knowledge and I am advising collectors to hold on to their collections right now unless they really need to liquidate or have held so long they will profit even in a slow market.
The same thing happened when Reagan's policies finally took hold. When the markets are good and income is up, people unload their asset hedges and invest in the market.
13 posted on
06/16/2004 4:20:24 AM PDT by
reformedliberal
(Proud Bush-Cheney04 volunteer)
To: reformedliberal
The same thing happened when Reagan's policies finally took hold. When the markets are good and income is up, people unload their asset hedges and invest in the market.
*****
FreeRepublic information is the best! Thanks for sharing your observation.
23 posted on
06/16/2004 5:47:09 AM PDT by
maica
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