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<p>[QUOTE="stldanceartist, post: 8246581, member: 13307"]I would think that increasing hammer prices for high-end quality pieces would help drive interest (by drawing attention to the hobby, assuming notices of the sales find a way through the constant barrage of stories vying for attention.) Sure, it will end up pricing people who can't afford to "play with the big boys" out of top-end items...but isn't that kinda always how it is? The hobby of kings?</p><p><br /></p><p>I would say something like "rampant counterfeiting" or "elimination of physical money" or even "general loss of disposable income" would be more of a threat. </p><p><br /></p><p>If you want to talk about price increases or price gouging being a detriment to regular hobbyists/collectors, look no further than the Mint. I can see paying premium prices for actual premium pieces (competition for an established commodity) but paying premium prices for a regularly manufactured rarity? At that point you're alienating your baseline group of collectors in favor of flippers and places like Littleton/HSN. JMHO, for what it's worth.</p><p><br /></p><p><i>Fair disclosure</i>: I purchased the max of the 2021 Peace Dollars because my intention was to keep ONE for my collection and try to sell the rest off at a reasonable price to make mine as cheap as possible. So, technically, I was a flipper for that item. I made no attempt to purchase any of the 2022 Morgans because I just don't want/need one for myself.[/QUOTE]</p><p><br /></p>
[QUOTE="stldanceartist, post: 8246581, member: 13307"]I would think that increasing hammer prices for high-end quality pieces would help drive interest (by drawing attention to the hobby, assuming notices of the sales find a way through the constant barrage of stories vying for attention.) Sure, it will end up pricing people who can't afford to "play with the big boys" out of top-end items...but isn't that kinda always how it is? The hobby of kings? I would say something like "rampant counterfeiting" or "elimination of physical money" or even "general loss of disposable income" would be more of a threat. If you want to talk about price increases or price gouging being a detriment to regular hobbyists/collectors, look no further than the Mint. I can see paying premium prices for actual premium pieces (competition for an established commodity) but paying premium prices for a regularly manufactured rarity? At that point you're alienating your baseline group of collectors in favor of flippers and places like Littleton/HSN. JMHO, for what it's worth. [I]Fair disclosure[/I]: I purchased the max of the 2021 Peace Dollars because my intention was to keep ONE for my collection and try to sell the rest off at a reasonable price to make mine as cheap as possible. So, technically, I was a flipper for that item. I made no attempt to purchase any of the 2022 Morgans because I just don't want/need one for myself.[/QUOTE]
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