How Sweet It Is
March 10, 2008
Remember Jackie Gleason? Well, his signature phrase popped into my head here in Phoenix.
It is good to be with active hobbyists in a very pleasant setting. Winter won't give up in Wisconsin. Snow is still piled high. Spring is coming.
However it doesn't take seasonal optimism to be pleased with numismatic business conditions. Nobody knows how long the good times will last, but all of the signs keep pointing to continuing high levels of interest and ever rising prices for truly collectible coins.
If you know where inflation is going and how hard any recession might bite, you will have an idea of how long the good times can last.
Back in 1979-1980, the boom was called "The Party" by dealers. We don't seem to have a name for this particular period. When we find one, I hope it will last longer.
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