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<p>[QUOTE="beef1020, post: 2799715, member: 24544"]I'll second the thanks for posting the write up, very interesting read, and not what I expected from the thread title.</p><p><br /></p><p><br /></p><p><br /></p><p>I believe there is a large correlation between the price of silver/gold and collectable coins, but not in sense you are thinking. I believe huge run ups in silver and gold get a lot of people interested in coins. This flood of interest drives up prices for a while, until the interest wanes. I believe we are on the waning side of the last cycle, where people who got into the hobby 5-10 years ago have had their run and are not slowly leaving the market. </p><p><br /></p><p>Combine with baby boomers aging out, I am not bullish in the near to medium term on the coin market. I believe we will continue to see demand slowly trend down. As a collector, I welcome the slowdown, I can add more to my collection.[/QUOTE]</p><p><br /></p>
[QUOTE="beef1020, post: 2799715, member: 24544"]I'll second the thanks for posting the write up, very interesting read, and not what I expected from the thread title. I believe there is a large correlation between the price of silver/gold and collectable coins, but not in sense you are thinking. I believe huge run ups in silver and gold get a lot of people interested in coins. This flood of interest drives up prices for a while, until the interest wanes. I believe we are on the waning side of the last cycle, where people who got into the hobby 5-10 years ago have had their run and are not slowly leaving the market. Combine with baby boomers aging out, I am not bullish in the near to medium term on the coin market. I believe we will continue to see demand slowly trend down. As a collector, I welcome the slowdown, I can add more to my collection.[/QUOTE]
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