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1904 Liberty Gold Double Eagle NGC MS-64
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<p>[QUOTE="GoldFinger1969, post: 14319394, member: 73489"]I am in the financial field and we talk about the unprecedented amount of financial assets that will be transfered in the next few decades....<b><span style="color: #0000ff">the wealth built up by today's billionaires, millionaires, and even the middle class.</span></b></p><p><br /></p><p><b>I think this has implications for the coin hobby. </b> You are going to see large numbers of children or grandchildren or other heirs inherit coins....it can be a few worth $50 - $500 or it could be a few thousand dollars worth -- or more.</p><p><br /></p><p>Something that was popular with middle class Americans -- like the GSA Hoard Morgan Silver Dollars -- you could see hundreds of thousands of them come out over years or decades and change the population numbers. Those coins came out in the 1970's and with the exception of our grandparents, our parents and ourselves are just now getting up in age.</p><p><br /></p><p>As an example....we've seen a bunch of MCMVII High Relief Saints and Double Eagles (Saints, Liberty's) be a steady trickle monthly over the last decade from Europe. <i><b>Not a ton of coins....a few dozen a month but month after month, it adds up.</b></i> Maybe we've seen domestic hoards/supply come out on U.S. denomination coins as folks who collected in the 1940's, 1950's, and 1960's either sell or pass on.</p><p><br /></p><p>Could even be a few hundred every now and then;ot much publicity about this. Maybe a dealer here can chime in.[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 14319394, member: 73489"]I am in the financial field and we talk about the unprecedented amount of financial assets that will be transfered in the next few decades....[B][COLOR=#0000ff]the wealth built up by today's billionaires, millionaires, and even the middle class.[/COLOR][/B] [B]I think this has implications for the coin hobby. [/B] You are going to see large numbers of children or grandchildren or other heirs inherit coins....it can be a few worth $50 - $500 or it could be a few thousand dollars worth -- or more. Something that was popular with middle class Americans -- like the GSA Hoard Morgan Silver Dollars -- you could see hundreds of thousands of them come out over years or decades and change the population numbers. Those coins came out in the 1970's and with the exception of our grandparents, our parents and ourselves are just now getting up in age. As an example....we've seen a bunch of MCMVII High Relief Saints and Double Eagles (Saints, Liberty's) be a steady trickle monthly over the last decade from Europe. [I][B]Not a ton of coins....a few dozen a month but month after month, it adds up.[/B][/I] Maybe we've seen domestic hoards/supply come out on U.S. denomination coins as folks who collected in the 1940's, 1950's, and 1960's either sell or pass on. Could even be a few hundred every now and then;ot much publicity about this. Maybe a dealer here can chime in.[/QUOTE]
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1904 Liberty Gold Double Eagle NGC MS-64
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