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<p>[QUOTE="medoraman, post: 978520, member: 26302"]In contrast to the OP, I see many more collectors enter the hobby due to the internet. I know I lost a lot of interest but then when I was able to learn and acquire ancients it rekindled the old lust. I am simply bored of US coinage, but the internet was enabled me to more easily chase a more esoteric area of collecting. I would imagine you would see the same from people in lightly populated areas having more access to good coins now, rather than the local coin shop.</p><p><br /></p><p>I think brick and morter shops will continue to find harder times except as wholesale buyers, but for true collectors I think its a great time. What Doug referred to was a market adjustment where too many "investors" and speculators got involved. That happens from time to time, but I think typical collector coins don't feel much pain and usually they are the first to come back in price. I have an AU 32s quarter I know went up and has now come back down, but I got it 20 years ago and have $30 in it. Long term true collector coins will come back and hold value pretty well.</p><p><br /></p><p>If someone is concerned about prices, dollar cost average into coins. Spend X dollars a month, and you will buy cheaper coins when prices are high, and better coins when prices are low. Same as investing.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 978520, member: 26302"]In contrast to the OP, I see many more collectors enter the hobby due to the internet. I know I lost a lot of interest but then when I was able to learn and acquire ancients it rekindled the old lust. I am simply bored of US coinage, but the internet was enabled me to more easily chase a more esoteric area of collecting. I would imagine you would see the same from people in lightly populated areas having more access to good coins now, rather than the local coin shop. I think brick and morter shops will continue to find harder times except as wholesale buyers, but for true collectors I think its a great time. What Doug referred to was a market adjustment where too many "investors" and speculators got involved. That happens from time to time, but I think typical collector coins don't feel much pain and usually they are the first to come back in price. I have an AU 32s quarter I know went up and has now come back down, but I got it 20 years ago and have $30 in it. Long term true collector coins will come back and hold value pretty well. If someone is concerned about prices, dollar cost average into coins. Spend X dollars a month, and you will buy cheaper coins when prices are high, and better coins when prices are low. Same as investing.[/QUOTE]
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