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<p>[QUOTE="World Colonial, post: 2478123, member: 78153"]I am immune to logic? You actually think I fail to grasp your claims? I understand them completely. I reject them because there is no basis for your <b>macro claim</b>, at all.</p><p><br /></p><p>First, I never said claimed these coins should not be collected and for you to state it is a distortion of my comments. I disagree most will ever be worth what you imply but that is a different consideration entirely.</p><p><br /></p><p>Second, let me take one of your claims. There is no "natural" state. It is a <b>fiction</b> of your invention and you cannot demonstrate otherwise. There is no requirement for any coin to have a minimum popularity, much less that collectors have to share your arbitrary preferences in the proportion you demand and pay the exorbitant prices your macro theory implies these coins should be worth. No one else has to conform to this ridiculous theory you invented.</p><p><br /></p><p>In one of our prior debates, I already explained to you what likely accounted for preferences in your baseline scenario which presumably was from about 1933 to 1964 in the US. If you need me to copy and paste this post, I will do so. What I explained, it certainly contradicts your claims but it makes a lot more sense.</p><p><br /></p><p>The most ridiculous aspect when we discussed this before is that you claimed it was a lack of wealth. Well, this is false because there are potentially hundreds of millions of people worldwide who have the financial capacity to collect at similar levels to US collectors today, yet they do not. <b>Your theory cannot explain why those who can afford to do so now don't but it explains why they will later?</b> The reason why they do not is <b>cultural</b> which you completely ignore.</p><p><br /></p><p>I have never disputed there cannot be 10 million collectors, or 15 million minimum as you claimed before. What I told you is that this scale of collecting will never occur in our lifetime above <b>nominal prices</b> where it will matter to anyone reading our posts. In this other debate, you claimed your theory would occur in 20 years. This was three years ago which leaves 17 years for you to be proven correct. Am I still supposed to agree with you that you will be right in 17 years? If so, based upon what? </p><p><br /></p><p>When we had this extended debate, we get to the end and then it turns out that you were making a big deal of "exploding" prices which <b>disproportionately</b> are for coins which are still only worth a few USD and this after 30 to 40 years. <b>It is financially irrelevant.</b> As I told you, I have already made more money from South Africa Union and ZAR than at least 95% if not 99% of all modern collectors will ever make in their entire life.</p><p><br /></p><p>Lastly, let me address your example of 1963 Indian aluminum coins. Like the Buffalo nickel, it may be widely collected but if it is, it will disproportionately be at nominal prices which are also financially irrelevant because recent US classics are not nearly as preferred as you apparently believe and most of them also sell at nominal prices.[/QUOTE]</p><p><br /></p>
[QUOTE="World Colonial, post: 2478123, member: 78153"]I am immune to logic? You actually think I fail to grasp your claims? I understand them completely. I reject them because there is no basis for your [B]macro claim[/B], at all. First, I never said claimed these coins should not be collected and for you to state it is a distortion of my comments. I disagree most will ever be worth what you imply but that is a different consideration entirely. Second, let me take one of your claims. There is no "natural" state. It is a [B]fiction[/B] of your invention and you cannot demonstrate otherwise. There is no requirement for any coin to have a minimum popularity, much less that collectors have to share your arbitrary preferences in the proportion you demand and pay the exorbitant prices your macro theory implies these coins should be worth. No one else has to conform to this ridiculous theory you invented. In one of our prior debates, I already explained to you what likely accounted for preferences in your baseline scenario which presumably was from about 1933 to 1964 in the US. If you need me to copy and paste this post, I will do so. What I explained, it certainly contradicts your claims but it makes a lot more sense. The most ridiculous aspect when we discussed this before is that you claimed it was a lack of wealth. Well, this is false because there are potentially hundreds of millions of people worldwide who have the financial capacity to collect at similar levels to US collectors today, yet they do not. [B]Your theory cannot explain why those who can afford to do so now don't but it explains why they will later?[/B] The reason why they do not is [B]cultural[/B] which you completely ignore. I have never disputed there cannot be 10 million collectors, or 15 million minimum as you claimed before. What I told you is that this scale of collecting will never occur in our lifetime above [B]nominal prices[/B] where it will matter to anyone reading our posts. In this other debate, you claimed your theory would occur in 20 years. This was three years ago which leaves 17 years for you to be proven correct. Am I still supposed to agree with you that you will be right in 17 years? If so, based upon what? When we had this extended debate, we get to the end and then it turns out that you were making a big deal of "exploding" prices which [B]disproportionately[/B] are for coins which are still only worth a few USD and this after 30 to 40 years. [B]It is financially irrelevant.[/B] As I told you, I have already made more money from South Africa Union and ZAR than at least 95% if not 99% of all modern collectors will ever make in their entire life. Lastly, let me address your example of 1963 Indian aluminum coins. Like the Buffalo nickel, it may be widely collected but if it is, it will disproportionately be at nominal prices which are also financially irrelevant because recent US classics are not nearly as preferred as you apparently believe and most of them also sell at nominal prices.[/QUOTE]
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