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Is numismatics going the way of philately?
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<p>[QUOTE="medoraman, post: 2112023, member: 26302"]I guess you don't get it sir. I am saying the 1970's looked like "low mintages" compared to the 60's, the 80's looked like "low mintages" compared to the 70's, so on and so forth. So until you are ten years removed, you simply do not have any valid data to say today's mintages are "low" compared to the future. What if modern commemoratives have HALF the mintage of today's commems? All of the sudden today's commems look WAY overpriced and will crash and burn, like they have done for decades now. For long term holding, no one today knows if current mint products will end up as low, medium, or high mintages versus future issues.</p><p> </p><p>By the way, have there been some short term winners? Of course, but there were short term winners back then to, but today have tanked. Will some of the short term winners turn into long term winners? Probably. However, I will STILL wager if you bought every offering from the mint this year you will be able to buy it cheaper in the aftermarket 10 years from now, factoring out pm effects. I am simply betting on the past repeating itself. Could a person SELECTIVELY pick a few items and do better than this? Sure its possible, however to fairly evaluate performance of mint products you need to include all of them since there is no way of knowing a person would only buy what YOU would buy, right?[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 2112023, member: 26302"]I guess you don't get it sir. I am saying the 1970's looked like "low mintages" compared to the 60's, the 80's looked like "low mintages" compared to the 70's, so on and so forth. So until you are ten years removed, you simply do not have any valid data to say today's mintages are "low" compared to the future. What if modern commemoratives have HALF the mintage of today's commems? All of the sudden today's commems look WAY overpriced and will crash and burn, like they have done for decades now. For long term holding, no one today knows if current mint products will end up as low, medium, or high mintages versus future issues. By the way, have there been some short term winners? Of course, but there were short term winners back then to, but today have tanked. Will some of the short term winners turn into long term winners? Probably. However, I will STILL wager if you bought every offering from the mint this year you will be able to buy it cheaper in the aftermarket 10 years from now, factoring out pm effects. I am simply betting on the past repeating itself. Could a person SELECTIVELY pick a few items and do better than this? Sure its possible, however to fairly evaluate performance of mint products you need to include all of them since there is no way of knowing a person would only buy what YOU would buy, right?[/QUOTE]
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