Prices/Value Discussion.

[Art]

Rusty,

The very elevated pricing may be reaching a ceiling very soon. Why? because many of the big dealers who sell the Suvorov level awards have been holding onto their awards, waiting for prices to increase ever higher. When this happens, prices rise and there is no demand unless people pay these amounts. A Suvorov 2c I had pricing on recently jumped in price $500 USD in one month. I've been in email conversation with several advanced collectors who seem to be of the mindset that prices are going to plumment very soon. Remember, there is no "OPEC" for Soviet awards Here is part of a recent conversation which reflects what I've seen to be a common sentiment among collectors and even some dealers:

BELIVE ME PRICES WILL GO DOWN VERY SOON. I BUY
MOST OF MY STUFF FROM A BIGGEST SUPPLIER OF SOVIET
MEDALS . HE LIVES IN GERMANY, HE USED TO DEAL WITH
80% OF ALL MARKET. ALL HIS VENDORS GOT ANY TYPES
OF ORDERS GROUPS ETC BUT NOBODY IS SELLING BECASE
THEY WAITING NEW PRICE INCREASE. I THINK IF PRICES
WILL GROW PEOPLE GONNA STOP COLLECTING THERE IS
PLENTY OF OTHER THINGS WE CAN DO WITH MONEY AND
TIME.

So who knows? will we see 1999 prices again? probably not, but if dealers don't move merchandise, they don't make money or attract new customers. For the small dealers this is no problem, but I would guess that anyone sitting on a few hundred thousand dollars of inventory has bills to pay.

Art