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<p>[QUOTE="GDJMSP, post: 2688371, member: 112"]To answer that question all you really have to do is read more, in particular posts, comments and articles written by coin dealers in the numismatic press about coin shows and large auctions. If you do you will habitually see comments and questions like - where are all the fresh coins ? or, there weren't any fresh coins, or, nothing but the same old dreck !</p><p><br /></p><p>What comments like that tell you is that only rarely do coins that haven't been on the market for years and passed from one dealer to the next ever appear on the market. And what tells you is that the baby boomers to which you refer are not selling off collections they have held for years or decades. Or, that the ones that are coming to market aren't really worthy of note.</p><p><br /></p><p>Now does that mean that no collections worthy of note ever come to market ? Of course not, it happens from time to time. And when it does they are highly advertised. And mixed in with them are the ones highly advertised but not worthy of note.</p><p><br /></p><p>As a general rule, the great collections are sold during market peaks or during a bull market. Very seldom do they come to market during lulls or bear markets. So no, it's not increased supply driving prices down. It's lack of interest, the end of the greater fool theory, money being parked in other places, and fear coupled with pessimism. The very same things that affect any market.</p><p><br /></p><p>It may sound counterintuitive but increased supply of noteworthy coins drives prices up, not down ![/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 2688371, member: 112"]To answer that question all you really have to do is read more, in particular posts, comments and articles written by coin dealers in the numismatic press about coin shows and large auctions. If you do you will habitually see comments and questions like - where are all the fresh coins ? or, there weren't any fresh coins, or, nothing but the same old dreck ! What comments like that tell you is that only rarely do coins that haven't been on the market for years and passed from one dealer to the next ever appear on the market. And what tells you is that the baby boomers to which you refer are not selling off collections they have held for years or decades. Or, that the ones that are coming to market aren't really worthy of note. Now does that mean that no collections worthy of note ever come to market ? Of course not, it happens from time to time. And when it does they are highly advertised. And mixed in with them are the ones highly advertised but not worthy of note. As a general rule, the great collections are sold during market peaks or during a bull market. Very seldom do they come to market during lulls or bear markets. So no, it's not increased supply driving prices down. It's lack of interest, the end of the greater fool theory, money being parked in other places, and fear coupled with pessimism. The very same things that affect any market. It may sound counterintuitive but increased supply of noteworthy coins drives prices up, not down ![/QUOTE]
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