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<p>[QUOTE="charley, post: 9274300, member: 5372"]I don't share the fear or concern of an inflated market for old coins, and definitely share the YN future in the hobby.</p><p><br /></p><p>What has occurred...and continues to occur....is an increased public awareness of enjoyment AND value of quality, for foreign and domestic pieces. YNs are better educated in the hobby, do not rush to NFT/Bitcoin etc. markets for as a substitute for the hobby, and (cover the children's ears!!!) the philatelic community is experiencing a growth an awareness, particularly in non-U.S. countries, and in the U.S. there is a growth in the collecting and value of quality philatelic offerings.</p><p><br /></p><p>Old coin Inflation; it is a benefit to the collector, if the sales results are reviewed, and the result is the same whether or not the piece is a VF/XF/MS, and mintage quantity is not really changing the picture, regardless if the particular year/denomination/mintage quantity is 1,000, 10,000 or 200,000. There s increased demand and competition, especially for quality.</p><p><br /></p><p>The foreign numismatic market is robust, and has been for a decade (same for philately), as countries increase their per capita economic position and YNs in those markets are savvy and cognizant of the cyber world benefits of coin collecting.</p><p><br /></p><p>I have zero worries about the future. I enjoy interaction with YNs and am usually astonished at their level of knowledge, compared to where I was at their age in the hobby.</p><p><br /></p><p>Yes, a person can throw stones at the TPGs and 4PGs, and quibble about this grade or that grade, or this submittal cost or that submittal cost, but factually, without their existence, the entire coin hobby would still be living in the dark days of coin doctors and baloney quality grading.</p><p><br /></p><p>It is a GREAT time to be a coin or stamp hobbyist, and the entire world is a .com away. I am glad that I was an Army Brat, and experienced living in 17 different countries when I was a young enthusiastic stamp and coin collector, and was able to obtain the offering available in those countries, and had the added privilege to do so as an adult in the Armed Forces.</p><p><br /></p><p>To this day, my fondest collecting memory was spending an afternoon in the Study of a stamp and coin collector in Naples, Italy on Via Monzoni. I still have the additions he contributed to my collection, ca.59/60.</p><p><br /></p><p>Collecting is the gift worth giving.[/QUOTE]</p><p><br /></p>
[QUOTE="charley, post: 9274300, member: 5372"]I don't share the fear or concern of an inflated market for old coins, and definitely share the YN future in the hobby. What has occurred...and continues to occur....is an increased public awareness of enjoyment AND value of quality, for foreign and domestic pieces. YNs are better educated in the hobby, do not rush to NFT/Bitcoin etc. markets for as a substitute for the hobby, and (cover the children's ears!!!) the philatelic community is experiencing a growth an awareness, particularly in non-U.S. countries, and in the U.S. there is a growth in the collecting and value of quality philatelic offerings. Old coin Inflation; it is a benefit to the collector, if the sales results are reviewed, and the result is the same whether or not the piece is a VF/XF/MS, and mintage quantity is not really changing the picture, regardless if the particular year/denomination/mintage quantity is 1,000, 10,000 or 200,000. There s increased demand and competition, especially for quality. The foreign numismatic market is robust, and has been for a decade (same for philately), as countries increase their per capita economic position and YNs in those markets are savvy and cognizant of the cyber world benefits of coin collecting. I have zero worries about the future. I enjoy interaction with YNs and am usually astonished at their level of knowledge, compared to where I was at their age in the hobby. Yes, a person can throw stones at the TPGs and 4PGs, and quibble about this grade or that grade, or this submittal cost or that submittal cost, but factually, without their existence, the entire coin hobby would still be living in the dark days of coin doctors and baloney quality grading. It is a GREAT time to be a coin or stamp hobbyist, and the entire world is a .com away. I am glad that I was an Army Brat, and experienced living in 17 different countries when I was a young enthusiastic stamp and coin collector, and was able to obtain the offering available in those countries, and had the added privilege to do so as an adult in the Armed Forces. To this day, my fondest collecting memory was spending an afternoon in the Study of a stamp and coin collector in Naples, Italy on Via Monzoni. I still have the additions he contributed to my collection, ca.59/60. Collecting is the gift worth giving.[/QUOTE]
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