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Book Review: Fun While It Lasted by Bruce McNall
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<p>[QUOTE="dougsmit, post: 2034136, member: 19463"]I would love to know what percentage of books printed survive 100 years and how many non-dealer owners, on average, they have. Similarly, I wonder how many coins actually are collected in more than one collection. I don't mean a coin that is traded dealer to dealer or even investor to investor (the Hunt Brothers never actually handled their coins so that was not a 'collection' as much as a portfolio). Most coins we see sold by many dealers have the look of recent finds or are some dealers reprocessing old collections so they look shiny for modern tastes? I wonder how many owners (not counting dealers who bought for immediate resale) the coins in the earliest CNG catalogs have had and how long the average collector of ancients keeps a coin he buys not with the idea of immediate resale. Every so often we see sales flagged as the property of some deceased collector but it strikes me that years ago we saw more recycled coins so marked in sales ("Property of a Gentleman" sometimes when there was no name). Do dealers actively court you to sell them your coins? I suspect it is easier for them to buy them wholesale. This is not the case with the super high end of the market but I'm talking about the coins we here (save Ides, AJ and a couple others) have. Similarly, I wonder where have those books your wife cherishes spent the last century and if she is the first non-dealer to whom the fact that the book was a first edition was a factor. Collectibles of whatever form can be cherished possessions or inventory on hand depending on who has them at any particular moment.[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 2034136, member: 19463"]I would love to know what percentage of books printed survive 100 years and how many non-dealer owners, on average, they have. Similarly, I wonder how many coins actually are collected in more than one collection. I don't mean a coin that is traded dealer to dealer or even investor to investor (the Hunt Brothers never actually handled their coins so that was not a 'collection' as much as a portfolio). Most coins we see sold by many dealers have the look of recent finds or are some dealers reprocessing old collections so they look shiny for modern tastes? I wonder how many owners (not counting dealers who bought for immediate resale) the coins in the earliest CNG catalogs have had and how long the average collector of ancients keeps a coin he buys not with the idea of immediate resale. Every so often we see sales flagged as the property of some deceased collector but it strikes me that years ago we saw more recycled coins so marked in sales ("Property of a Gentleman" sometimes when there was no name). Do dealers actively court you to sell them your coins? I suspect it is easier for them to buy them wholesale. This is not the case with the super high end of the market but I'm talking about the coins we here (save Ides, AJ and a couple others) have. Similarly, I wonder where have those books your wife cherishes spent the last century and if she is the first non-dealer to whom the fact that the book was a first edition was a factor. Collectibles of whatever form can be cherished possessions or inventory on hand depending on who has them at any particular moment.[/QUOTE]
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Book Review: Fun While It Lasted by Bruce McNall
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