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How many coins are found vs. recirculated from old collections?
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<p>[QUOTE="Ken Dorney, post: 2787307, member: 76086"]An interesting thread. This topic, and others related to it, are being debated right now by many dealers. We will never know the answers to the question of hoards (at least not to everyones satisfaction). </p><p><br /></p><p>Yes, hoards are still coming to market but at a hugely and significantly decreased number. One can easily mistake old collections (or inventories) as a 'new' hoard. I know many collectors and dealers who have been sitting on vast numbers of coins. To what end, I dont know. Some dont care, some dont wish to sell for various reasons, some are waiting for their 'right time' to sell. Many never will, and their heirs will be the ones to handle that issue.</p><p><br /></p><p>This lack of hoards and fresh material is what it making many dealers very nervous at the moment. Many will not survive these new changes in the market. The majority of material is being consigned by collectors to dealers and auction houses big and small. Sales via fixed prices are rapidly becoming a thing of the past (though they are still a great resource for those willing to spend the time looking).</p><p><br /></p><p>Each dealer is now competing for the same fewer and fewer coins and consignors. </p><p><br /></p><p>As for that article quoted above, I agree with Doug. It is quite biased and ignores the fact that nearly <i>all </i>of the knowledge we currently have about numismatics was gained by collectors and dealers. Archaeologists primarily use coins as a dating tool and have always been largely ignored (at least in the past).[/QUOTE]</p><p><br /></p>
[QUOTE="Ken Dorney, post: 2787307, member: 76086"]An interesting thread. This topic, and others related to it, are being debated right now by many dealers. We will never know the answers to the question of hoards (at least not to everyones satisfaction). Yes, hoards are still coming to market but at a hugely and significantly decreased number. One can easily mistake old collections (or inventories) as a 'new' hoard. I know many collectors and dealers who have been sitting on vast numbers of coins. To what end, I dont know. Some dont care, some dont wish to sell for various reasons, some are waiting for their 'right time' to sell. Many never will, and their heirs will be the ones to handle that issue. This lack of hoards and fresh material is what it making many dealers very nervous at the moment. Many will not survive these new changes in the market. The majority of material is being consigned by collectors to dealers and auction houses big and small. Sales via fixed prices are rapidly becoming a thing of the past (though they are still a great resource for those willing to spend the time looking). Each dealer is now competing for the same fewer and fewer coins and consignors. As for that article quoted above, I agree with Doug. It is quite biased and ignores the fact that nearly [I]all [/I]of the knowledge we currently have about numismatics was gained by collectors and dealers. Archaeologists primarily use coins as a dating tool and have always been largely ignored (at least in the past).[/QUOTE]
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How many coins are found vs. recirculated from old collections?
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