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<p>[QUOTE="gxseries, post: 85600, member: 4373"]It's just a matter of supply and demand. When there is temporarily demand, people will get illusion that coins are in hot demand and therefore valuable. But when prices go too high and sellers start to sell heavily, then the "image" of valuableness of such coins will go down. Frankly speaking, when you get coins that are minted in terms of hundreds of thousands, unless there was some heavy meltdown or some millionaire that bought almost all of the stocks available, there is no appearent reason why coins have to be worth so much. (p.s. that applies to very modern coinage only) </p><p><br /></p><p>There is a reason why coins from 200 or even 100 years ago are worth more than now because people couldn't care less or couldn't afford to. Right now when you get so many "collectors" who think they can make fast money with this, they might be better off being in a graveyard. Seriously with mintages going over 100,000 easily in this century, and with collectors knowing what's the best way to keep coins in the best conditions, implying that such coins will not diminish over time unless some major events occur. </p><p><br /></p><p>Why should people think coins have to be worth so much anyways? It's just some ridicious hypes. Honestly to a collector, investors are his / her worst enemies, where they try to profit as much as possible. What is supposed to be a "fun" hobby goes to an expensive hobby. </p><p><br /></p><p>I understand that there are some rare coins that might deserve a lot more attention, but when you get "middlemen" involved, everything just becomes too expensive. I have a lot more sympathy for people who try their best to collect what they can with their meager income against "investors" who can possibly buy every single coin in this world.[/QUOTE]</p><p><br /></p>
[QUOTE="gxseries, post: 85600, member: 4373"]It's just a matter of supply and demand. When there is temporarily demand, people will get illusion that coins are in hot demand and therefore valuable. But when prices go too high and sellers start to sell heavily, then the "image" of valuableness of such coins will go down. Frankly speaking, when you get coins that are minted in terms of hundreds of thousands, unless there was some heavy meltdown or some millionaire that bought almost all of the stocks available, there is no appearent reason why coins have to be worth so much. (p.s. that applies to very modern coinage only) There is a reason why coins from 200 or even 100 years ago are worth more than now because people couldn't care less or couldn't afford to. Right now when you get so many "collectors" who think they can make fast money with this, they might be better off being in a graveyard. Seriously with mintages going over 100,000 easily in this century, and with collectors knowing what's the best way to keep coins in the best conditions, implying that such coins will not diminish over time unless some major events occur. Why should people think coins have to be worth so much anyways? It's just some ridicious hypes. Honestly to a collector, investors are his / her worst enemies, where they try to profit as much as possible. What is supposed to be a "fun" hobby goes to an expensive hobby. I understand that there are some rare coins that might deserve a lot more attention, but when you get "middlemen" involved, everything just becomes too expensive. I have a lot more sympathy for people who try their best to collect what they can with their meager income against "investors" who can possibly buy every single coin in this world.[/QUOTE]
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