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Topic: Effects of the Recession on Paper Money Prices (continued)  (Read 2779 times)
Ottawa
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« on: September 19, 2009, 12:40:40 am »

Here's another great article on the current state of the paper money market in the US by Bill Brandimore who is the Editor of the US Paper Money Trends. It was published in the Sept. 2009 issue of Bank Note Reporter. There are, in my opinion, some golden nuggets of advice in this article (highlighted in yellow) and it's well worth reading as the overall conclusions certainly apply to some degree to the Canadian market as well. Brandimore concludes that prices are down by about 30% since before the recession.

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" Buy the very best notes that you can afford and keep them for at least 10 years. " (Richard D. Lockwood, private communication, 1978).
eti1
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« Reply #1 on: September 19, 2009, 06:51:46 pm »

Thanks Ottawa, for always sharing very interesting information.
 

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