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How actively do y'all sell and/or trade coins?
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<p>[QUOTE="IdesOfMarch01, post: 1831447, member: 39084"]Actually, I'm not. While the example I gave is certainly a rare coin that's likely to become more desirable in the future, I can find no analytical data that supports the premise of "coins in the $100 - $500 range" decreasing in value. It's true that if you pay a retail dealer $100 for a decent ancient Roman or Greek coin, it's unlikely you'll be able to resell it any time soon for the $100 that you paid for it. But there is no statistical data to support the argument that it will decline in price due to a decreasing number of collectors. How does anyone know that the number of collectors of ancients is decreasing? Personal and anecdotal observations are not substitutes for real, hard data.</p><p><br /></p><p>I do know that in my lifetime the population of the earth has more than doubled to over 6 billion people. I tend to think (logically, but I cannot prove this) that the percentage of collectors of ancients will continue to represent a similar percentage of the population (as a whole) as they did 40 years ago. This argues for <i>increasing</i> numbers of collectors pursuing a static or only slightly increasing number of ancient coins, so I would tend to believe that prices for ancient coins will rise rather than fall in the future.[/QUOTE]</p><p><br /></p>
[QUOTE="IdesOfMarch01, post: 1831447, member: 39084"]Actually, I'm not. While the example I gave is certainly a rare coin that's likely to become more desirable in the future, I can find no analytical data that supports the premise of "coins in the $100 - $500 range" decreasing in value. It's true that if you pay a retail dealer $100 for a decent ancient Roman or Greek coin, it's unlikely you'll be able to resell it any time soon for the $100 that you paid for it. But there is no statistical data to support the argument that it will decline in price due to a decreasing number of collectors. How does anyone know that the number of collectors of ancients is decreasing? Personal and anecdotal observations are not substitutes for real, hard data. I do know that in my lifetime the population of the earth has more than doubled to over 6 billion people. I tend to think (logically, but I cannot prove this) that the percentage of collectors of ancients will continue to represent a similar percentage of the population (as a whole) as they did 40 years ago. This argues for [I]increasing[/I] numbers of collectors pursuing a static or only slightly increasing number of ancient coins, so I would tend to believe that prices for ancient coins will rise rather than fall in the future.[/QUOTE]
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