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<p>[QUOTE=&quot;V. Kurt Bellman, post: 2952629, member: 71723&quot;]Lars,</p><p><br /></p><p>To me it&#039;s obvious. First, consider that at NO POINT is the population of collectors static; there are always collectors dying, and there are always new ones entering the hobby.</p><p><br /></p><p>My thesis is that the number of DOLLARS (not necessarily collectors, per se, but probably that too) chasing the available collector coins out there is DECREASING.</p><p><br /></p><p>Why?</p><p><br /></p><p>Millennials are not making what has been &quot;normal&quot; incomes for their ages, and spend far more heavily on things such as tech. This leaves less available for collecting stuff. This is NOT just a coin phenomenon. It applies to nearly ALL antiques and collectibles.</p><p><br /></p><p>There is a guy who does a weekly syndicated radio program that has a nationwide, but spotty, affiliate of network stations who does antiques and collectibles. His name is Harry A. Rinker, and he knows A&amp;C perhaps better than ANYONE out there. He writes, he does this radio program, he&#039;s an expert appraiser, etc. The whole shmeer.</p><p><br /></p><p>Rinker is CONSTANTLY talking about the recession/depression in collectibles prices. It&#039;s real! And it applies to coins as much as anything else.[/QUOTE]</p><p><br /></p>

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