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<p>[QUOTE="RabidRick, post: 2002120, member: 37868"]The price of precious metals has been at an all-time high in the last several years. If silver goes down, the lower-end older varieties are more easily obtained. Kids ask mommy and daddy for things and they take up a huge slice of the marketing demographic.</p><p><br /></p><p>I asked a dealer recently about the ages of collectors he sees and he said it was mostly kids or older folks, less people around my age (20-30's).</p><p><br /></p><p><br /></p><p><br /></p><p>If wealthy people ever take investing in coins seriously, that is a lot more money than an influx of new collectors. It is a collector's market right now. I'm not sure what happened in the 80's but it was obviously speculation. People were trying it out. I think the internet could change the mentality in that respect. You aren't buying coins and selling them at half-price anymore, as long as you know how to use eBay.</p><p><br /></p><p>People have been collecting coins for thousands of years. I doubt demand will just suddenly vanish. It's one of the more popular collectables, right there next to art. If you look at the numbers and account for inflation I don't think the market on average has much room to go *anywhere* but UP. Then again, I could be wrong.</p><p><br /></p><p><br /></p><p><br /></p><p>I doubt it. They are way too common and will always be that way. It's a fad, but it might be a driving factor for interest in the hobby.</p><p><br /></p><p>It's kind of like music. New genres appear all the time but they will never topple over the classics, like Mozart, Mendelssohn, Rossini, etc.[/QUOTE]</p><p><br /></p>
[QUOTE="RabidRick, post: 2002120, member: 37868"]The price of precious metals has been at an all-time high in the last several years. If silver goes down, the lower-end older varieties are more easily obtained. Kids ask mommy and daddy for things and they take up a huge slice of the marketing demographic. I asked a dealer recently about the ages of collectors he sees and he said it was mostly kids or older folks, less people around my age (20-30's). If wealthy people ever take investing in coins seriously, that is a lot more money than an influx of new collectors. It is a collector's market right now. I'm not sure what happened in the 80's but it was obviously speculation. People were trying it out. I think the internet could change the mentality in that respect. You aren't buying coins and selling them at half-price anymore, as long as you know how to use eBay. People have been collecting coins for thousands of years. I doubt demand will just suddenly vanish. It's one of the more popular collectables, right there next to art. If you look at the numbers and account for inflation I don't think the market on average has much room to go *anywhere* but UP. Then again, I could be wrong. I doubt it. They are way too common and will always be that way. It's a fad, but it might be a driving factor for interest in the hobby. It's kind of like music. New genres appear all the time but they will never topple over the classics, like Mozart, Mendelssohn, Rossini, etc.[/QUOTE]
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