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<p>[QUOTE=&quot;cladking, post: 838465, member: 68&quot;]Ultimately everything is a fad.&nbsp; </p><p><br /></p><p>You really need to take a closer look at those coins you consider will always be &quot;good coins&quot; or &quot;good investment&quot; or &quot;solid value&quot;.&nbsp; They&#039;re great coins and I love them as much as you do but you&#039;re missing the big picture here.&nbsp; These coins are mostly owned by people born between 1946 and 1964.&nbsp; These are older people now.&nbsp; Time stopped in 1965 only for coin collectors.&nbsp; The rest of the world just kept right on racking up new dates each year.&nbsp; Now these older people who own these coins are going to start selling.&nbsp; Do you really think the newbies who have been insulted and had their coins insulted are going to be the biggest buyers of these coins.&nbsp; What most don&#039;t appreciate is ultimately they&#039;ll be the only buyers.&nbsp; When someone gives up collecting because he&#039;s told his collection is junk you&#039;ve lost a future buyer forever.&nbsp; When someone turns to eBay because dealers won&#039;t make fair offers you&#039;ve lost an audience.&nbsp; </p><p><br /></p><p>People talk about &quot;real coins&quot; made before 1965 but there are lots of &quot;real collectors&quot; who don&#039;t collect them.&nbsp; There are lots of &quot;real collectors&quot; who have been driven out of the hobby by those who think they are fools.&nbsp; Be this as it may who are the people who retired this year going to sell their collections to?&nbsp; The simple fact is there are going to be huge numbers of all these old coins coming into the market over the next fifteen years.&nbsp; Most will be snapped up by old collectors who&#039;ll have them right back on the market in a few years.&nbsp; </p><p><br /></p><p>Where you should be cultivating young collectors and encouraging them you&#039;re telling them that 97% of moderns are common.&nbsp; Well guess what; 97% of old coins are common too.&nbsp; This is just the way things work.&nbsp; To the degree that older collectors want to exclude beginners and those who collect moderns they are setting themselves up for a potentially rude awakening.&nbsp; Demand for moderns isn&#039;t nearly so dependent on these considerations and supply just keeps drying up because modern collectors tend to be young and have growing collections.&nbsp; </p><p><br /></p><p>These are facts though most won&#039;t see them soon.&nbsp; </p><p><br /></p><p>Time really does fly so it won&#039;t feelk like it&#039;s been very long.[/QUOTE]</p><p><br /></p>

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