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Message:: [QUOTE="longnine009, post: 213429, member: 1886"]IMO, investing in coins with little or no desire for the collecting side is an effect hoping that a cause will come along and make it so.  The cause does come along--The Greater Fool Theory-- but I really doubt that it's collectors who are cause of it. We're consumers first and there is no reason for a consumer to get excited about rising prices. It just isn't  true that coin collectors will pay whatever price is necessary for a key date.  Type collectors don't have to buy any specific date. Date collectors typically have several series that they can work on going back and forth and buying at prices they like. There are too many collecting alternatives now with Topical collecting and the Internet.  Collectors are  inventing  their own Topicals and have the whole world to supply their collections   from. This will be a good thing for coin collecting--there will be, IMO, a lot of growth in coin collecting over the next 10 years.  But it may doom many "investors" and even some dealers because there is an enigma side  to it.  If I buy a silver medal issued from the Conejo Coin Club in 1967 did I buy it because I like  silver, because I like medals  from Coin Clubs or because I like really like Errors and the medal was designed by Lonesome John Devine? Who is going to figure this stuff out and "corner us"  into paying higher prices?[/QUOTE]