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<p>[QUOTE=&quot;V. Kurt Bellman, post: 2114703, member: 71723&quot;]I don&#039;t require &quot;completely&quot; to be pessimistic. Even a significant downturn in mid-range coins will be leaving so many people devastated, emotionally toward the hobby if not financially, that it will be enough to sully it for numerous decades, or even longer than cash will likely exist. Common man coin collecting is a relatively recent phenomenon. It&#039;s hardly eternal or even strong. It&#039;s health is fairly fragile. Those men who founded the ANA in 1891 were not common people; they were the Titans of industry, the &quot;robber barons&quot; before the name was christened to describe them. If you are sanguine about a return to those days in numismatics, fine. I am not. In that &quot;cleansing&quot; Great Depression, record numbers of people committed suicide, including my paternal grandfather in 1933, and more starved. Hardly a shining example to which to point approvingly.</p><p><br /></p><p>Are modern MS70 coins a bubble? Sure. But in your scenario, so then are 95%+ of collector coins.[/QUOTE]</p><p><br /></p>

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