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Do 21st Century Coin Collecting Methods Drive Prices Down and Hurt our Hobby?
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<p>[QUOTE="GDJMSP, post: 3074113, member: 112"]Buying coins online has basically been possible since the late 90's. In that time frame, prices have skyrocketed upwards, and, skyrocketed downwards - to an almost equal extent. In point of fact the coin market as a whole is even a little lower today than it was in '99. But it's close.</p><p><br /></p><p>My point is this, given that, it seems quite unlikely that the capability of being able to buy coins online had much of anything to do with coin prices in general. But rather that there were other forces, other reasons, for both the rise and fall of coin prices.</p><p><br /></p><p>Now understand, I'm NOT saying that being able to buy coins online has not affected the hobby. Quite the contrary, I think being able to buy coins online has had a large effect on the hobby - just not on prices.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 3074113, member: 112"]Buying coins online has basically been possible since the late 90's. In that time frame, prices have skyrocketed upwards, and, skyrocketed downwards - to an almost equal extent. In point of fact the coin market as a whole is even a little lower today than it was in '99. But it's close. My point is this, given that, it seems quite unlikely that the capability of being able to buy coins online had much of anything to do with coin prices in general. But rather that there were other forces, other reasons, for both the rise and fall of coin prices. Now understand, I'm NOT saying that being able to buy coins online has not affected the hobby. Quite the contrary, I think being able to buy coins online has had a large effect on the hobby - just not on prices.[/QUOTE]
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Do 21st Century Coin Collecting Methods Drive Prices Down and Hurt our Hobby?
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