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<p>[QUOTE=&quot;SuperDave, post: 2444614, member: 1892&quot;]We have reliable auction results going back a century-plus indicating that even then collectors were wiling to &quot;make markets&quot; for the right coin. We call it the &quot;King of Hobbies&quot; for reasons dating back <b>eight hundred years</b>. </p><p><br /></p><p>But don&#039;t conflate the bullion/junk market with &quot;numismatics.&quot; The former will implode as soon as superconducting technology renders industrial uses of silver and gold obsolete - I suspect that will happen in my lifetime. All the latter needs is a few people in each generation like jackhd - whose love for the coins themselves is <b>plain</b> - and the inevitable economic development of third-world economies into first-world economies, opening up literal billions of new collector candidates.</p><p><br /></p><p>This will lead to pressure on world coin prices (a point relevant to another thread) making US coin prices more attractive. </p><p><br /></p><p>I&#039;m sorry, I refuse to be dissuaded from optimism. That&#039;s how optimism works.[/QUOTE]</p><p><br /></p>

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