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<p>[QUOTE="FlyingMoose, post: 160811, member: 6572"]Thanks for the welcomes Cloud and YNcoinpro.</p><p><br /></p><p>Cloud,</p><p><br /></p><p>You said it must appreciate at a greater percentage rate forever, but then your example is the exact opposite. $10 to $20 is a 100% increase, as is $100 to $200.</p><p><br /></p><p>And, I don't see any reason for this not to be the case. Assuming the demand and supply stay the same, it should go up at the same rate as inflation (since people will have higher salaries, they'll be willing to spend proportionally more for the same items). However, the demand for old rare coins is increasing as more people get into the hobby, while the supply is decreasing as coins are lost, destroyed, or squirreled away by collectors. This should cause the prices to rise at a rate greater than inflation.</p><p><br /></p><p>Now, this will not be the case if either less people are collecting coins, or if collectors start paying less for the same coins. This seems unlikely, but is possible.</p><p><br /></p><p>For the half-dime, I'd like one nice-looking specimen, I'm not planning to collect them. Maybe a 3-cent, also.</p><p><br /></p><p>Now, I'm thinking it would be neat to have one of each size of coin. It looks like there are 12 circulating coins (not counting the gold): Half-cent, large-cent, current cent, two cent, three cent, three cent silver, nickel, dime, quarter, half, dollar, new dollar. Maybe one more if you count the SBA and Sac dollars differently. It sounds like a good starting point.[/QUOTE]</p><p><br /></p>
[QUOTE="FlyingMoose, post: 160811, member: 6572"]Thanks for the welcomes Cloud and YNcoinpro. Cloud, You said it must appreciate at a greater percentage rate forever, but then your example is the exact opposite. $10 to $20 is a 100% increase, as is $100 to $200. And, I don't see any reason for this not to be the case. Assuming the demand and supply stay the same, it should go up at the same rate as inflation (since people will have higher salaries, they'll be willing to spend proportionally more for the same items). However, the demand for old rare coins is increasing as more people get into the hobby, while the supply is decreasing as coins are lost, destroyed, or squirreled away by collectors. This should cause the prices to rise at a rate greater than inflation. Now, this will not be the case if either less people are collecting coins, or if collectors start paying less for the same coins. This seems unlikely, but is possible. For the half-dime, I'd like one nice-looking specimen, I'm not planning to collect them. Maybe a 3-cent, also. Now, I'm thinking it would be neat to have one of each size of coin. It looks like there are 12 circulating coins (not counting the gold): Half-cent, large-cent, current cent, two cent, three cent, three cent silver, nickel, dime, quarter, half, dollar, new dollar. Maybe one more if you count the SBA and Sac dollars differently. It sounds like a good starting point.[/QUOTE]
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