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<p>[QUOTE=&quot;World Colonial, post: 2507660, member: 78153&quot;]What you are describing may have been because local collectors were priced out or they may just have chosen to not compete financially.&nbsp; We do not know and this still doesn&#039;t explain why those who could pay more did not do so.</p><p><br /></p><p>Since no one knows the financial capacity of the collector base (whether in the US or elsewhere) except anecdotally, what you are describing may apply to some collectors but doesn&#039;t apply in the aggregate.</p><p><br /></p><p>There is no shortage of local residents who can become collectors and outbid foreigners, just as they have already done in South Africa.</p><p><br /></p><p>Generically, the reason US buyers outbid locals is because these people would rather spend their money otherwise, just as I do.&nbsp; I could afford to spend a lot more if I chose to do so, yet I do not.[/QUOTE]</p><p><br /></p>

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