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<p>[QUOTE="Vess1, post: 3379361, member: 13650"]Baseball21 nailed it. What you see now is a true market. The TPGs weren't founded until the mid 80s. I got my first crappy cell phone in 1999. We may have had internet at home in the late 90s but it wasn't very good. Nothing compared to now. Now I have excellent internet, and all the info in the world available on my computer and on my cell phone. Have for some time.</p><p><br /></p><p> If we're being honest about valuating ANY hobby, lets say there was a pre-2000 market that may make for good entertainment today (read: wax nostalgia) but shouldn't be used as valuable information for valuating anything anymore! Now we're in a post modern era where homeless people could buy a coin off ebay on their smart phone if they want. Or look up any information they want.</p><p><br /></p><p> The market is greatly affected by overall interest and the <u>economy</u>. In addition, collectors themselves drive whats hot and whats not. But the big things that have changed is availability of data and the connecting of everyone worldwide through the internet. </p><p> There's no more speculating. There's no more relying on local dealers connections to find a single example of something. (If they even can.) Now everyone has population reports at their disposal. We know what is actually rare and what's common. Rarities once thought impossible are now available. This has caused the value of some things to sky rocket and some things to plummet. But it's based on reality now versus speculation from only a couple decades ago. To me that's a good thing. I embrace the reality of it.</p><p><br /></p><p> I want a MS-64 1921 high relief Peace dollar. I know what the mintage was. I know what the population reports are. The coin market may be soft but.... nobody's giving these away today. I can see they've been relatively flat with some ups and downs but are currently priced at about $100 more today than they were in 2005. What did they go for in 1990? I don't know and that info really doesn't even matter any more. There was no way to even know what exactly was being bought and sold back then compared to now anyway. People may not like the TPGs but to me they brought clarity, at least for the better quality stuff within the hobby. Now we have something to quantify. Before you did not. This inevitably had to happen for better or worse.[/QUOTE]</p><p><br /></p>
[QUOTE="Vess1, post: 3379361, member: 13650"]Baseball21 nailed it. What you see now is a true market. The TPGs weren't founded until the mid 80s. I got my first crappy cell phone in 1999. We may have had internet at home in the late 90s but it wasn't very good. Nothing compared to now. Now I have excellent internet, and all the info in the world available on my computer and on my cell phone. Have for some time. If we're being honest about valuating ANY hobby, lets say there was a pre-2000 market that may make for good entertainment today (read: wax nostalgia) but shouldn't be used as valuable information for valuating anything anymore! Now we're in a post modern era where homeless people could buy a coin off ebay on their smart phone if they want. Or look up any information they want. The market is greatly affected by overall interest and the [U]economy[/U]. In addition, collectors themselves drive whats hot and whats not. But the big things that have changed is availability of data and the connecting of everyone worldwide through the internet. There's no more speculating. There's no more relying on local dealers connections to find a single example of something. (If they even can.) Now everyone has population reports at their disposal. We know what is actually rare and what's common. Rarities once thought impossible are now available. This has caused the value of some things to sky rocket and some things to plummet. But it's based on reality now versus speculation from only a couple decades ago. To me that's a good thing. I embrace the reality of it. I want a MS-64 1921 high relief Peace dollar. I know what the mintage was. I know what the population reports are. The coin market may be soft but.... nobody's giving these away today. I can see they've been relatively flat with some ups and downs but are currently priced at about $100 more today than they were in 2005. What did they go for in 1990? I don't know and that info really doesn't even matter any more. There was no way to even know what exactly was being bought and sold back then compared to now anyway. People may not like the TPGs but to me they brought clarity, at least for the better quality stuff within the hobby. Now we have something to quantify. Before you did not. This inevitably had to happen for better or worse.[/QUOTE]
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