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<p>[QUOTE="robinjojo, post: 5524111, member: 110226"]As I have said in other threads, there is a lot of cash out there looking for a place to park. There a a lot of newly minted millionaires, and even billionaires who want to diversify their holdings, outside of stocks and bonds. Coins of all stripes have been a favorite area of investment for decades for these folks. Ordinary collectors generally really don't have a chance to obtain nice high grade coins when bidding in these auctions, unless they are willing to sell the family farm. Nope, venturing into an auction these days, especially the really high-profile ones, such as Triton, for the ordinary collector is becoming more and more a spectator event.</p><p><br /></p><p>It is a shame, especially for young, new collectors who are trying to build their collections and raise a family at the same time, a challenging proposition even in the best of times. The wealth disparities, I believe, permeate all aspects of life, even collecting coins, be they ancients, world or US.[/QUOTE]</p><p><br /></p>
[QUOTE="robinjojo, post: 5524111, member: 110226"]As I have said in other threads, there is a lot of cash out there looking for a place to park. There a a lot of newly minted millionaires, and even billionaires who want to diversify their holdings, outside of stocks and bonds. Coins of all stripes have been a favorite area of investment for decades for these folks. Ordinary collectors generally really don't have a chance to obtain nice high grade coins when bidding in these auctions, unless they are willing to sell the family farm. Nope, venturing into an auction these days, especially the really high-profile ones, such as Triton, for the ordinary collector is becoming more and more a spectator event. It is a shame, especially for young, new collectors who are trying to build their collections and raise a family at the same time, a challenging proposition even in the best of times. The wealth disparities, I believe, permeate all aspects of life, even collecting coins, be they ancients, world or US.[/QUOTE]
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