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Is numismatics going the way of philately?
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<p>[QUOTE="john59, post: 2114760, member: 73760"]That is the perfect example. We have record numbers of suicides, people are starving, more people are homeless than ever, murders, cities collapsing financially. All of these are on the rise. History is playing itself out again. As for the titans of industry, if it weren't for them the US would not be the world's most powerful country. The old titans are replaced by new ones. </p><p><br /></p><p>Look at the price that the Newman collection brought in. If I'm not mistaken, over $22 million. There will always be the elite collectors in any hobby. That's without question. But there will always be the average collector. We lose many collectors over the years in the hobby. You probably know more about the ANA's membership roll than I do. Some lose interest, some lose money...this drives them away from the hobby. Now we have to add one more thing: the fake coins that are so abundant out there, even in slabs. </p><p><br /></p><p>As for the modern ms-70, sure there's a bubble. To what extent, I cannot tell you. When it bursts, sure people will be disillusioned. But as long as the base collectors stay the same there will be hardly a ripple felt in the collecting world. I don't know what type of an analyst are you for the government but on the recoveries of the past the government played a large part and so did business.[/QUOTE]</p><p><br /></p>
[QUOTE="john59, post: 2114760, member: 73760"]That is the perfect example. We have record numbers of suicides, people are starving, more people are homeless than ever, murders, cities collapsing financially. All of these are on the rise. History is playing itself out again. As for the titans of industry, if it weren't for them the US would not be the world's most powerful country. The old titans are replaced by new ones. Look at the price that the Newman collection brought in. If I'm not mistaken, over $22 million. There will always be the elite collectors in any hobby. That's without question. But there will always be the average collector. We lose many collectors over the years in the hobby. You probably know more about the ANA's membership roll than I do. Some lose interest, some lose money...this drives them away from the hobby. Now we have to add one more thing: the fake coins that are so abundant out there, even in slabs. As for the modern ms-70, sure there's a bubble. To what extent, I cannot tell you. When it bursts, sure people will be disillusioned. But as long as the base collectors stay the same there will be hardly a ripple felt in the collecting world. I don't know what type of an analyst are you for the government but on the recoveries of the past the government played a large part and so did business.[/QUOTE]
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