| Coins are extremely cyclic. What this means is | | | | for $200 dollars each. Little did people know that |
| that their book values go up and down all the | | | | they would be trading for four times as much |
| time. And since there are so many factors that | | | | just six years later! |
| effect their market values, any single factor can | | | | The second way to profit in a coin cycle is to sell |
| cause it to go up or down. Once a coin goes | | | | your coin at the height of the coin cycle. How do |
| down, it can go down to dirt cheap levels. When it | | | | you know when a coin is at or about at the |
| goes up, it could easily go way past it's actual | | | | height of the coin cycle? When everybody is |
| book value. Their cycles are a bit different from | | | | selling coin and the final hammer price doesn't get |
| stocks. Stocks can go up in value indefinitely or go | | | | any higher, then you know a coin is at the high |
| down in value indefinitely. With coins, they just go | | | | point of its' coin cycle. Usually one or two people |
| up and down all the time. Once down in value, it's | | | | start selling theirs for the current market price. |
| kind of hard to tell how long it will take to | | | | Then a couple more people start selling theirs for |
| recover. Once up in market value, it will only stay | | | | a higher price. Then more people jump in till the |
| up there for a couple of weeks to a couple of | | | | market is completely saturated with the coin. |
| months before going down in value. But it is these | | | | Once saturated, it will not be long before this coin |
| known characteristics that allows us to profit | | | | becomes oversold. It is during this time that you |
| from the coin cycle. | | | | should offer yours. This is the time that you will |
| The first way to profit from the coin cycle is to | | | | get the most money for your coin. |
| wait for a rare coin to be oversold. Once a coin is | | | | The best time to sell a coin is at the height of the |
| oversold, it's market value tends to go down. It's | | | | coin cycle. The second best time to offer a coin is |
| very hard to tell when a coin will hit rock bottom. | | | | when nobody is selling the same coin. This is when |
| But my best advice is to wait it out. Sometimes a | | | | the coin cycle is somewhat dormant. So if you |
| coin is not done going down in value. So waiting it | | | | need to sell your coin in a hurry, then try selling it |
| out wouldn't hurt. When a coin goes down in | | | | when none are being offered. Never ever sell a |
| market value they usually stay at those levels for | | | | coin when the coin cycle is over. You will lose a lot |
| a while. So just wait till a coin stops going down in | | | | of money. So, if a coin is in its' cycle, always jump |
| market value before buying. Imagine buying five | | | | on. It may be your only chance for a long while. |
| to ten 1877 Indian Head Cents in Good condition | | | | |