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Is numismatics going the way of philately?
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<p>[QUOTE="Conder101, post: 2114961, member: 66"]20 in a row 70's? No but I rarely ever hear of a COLLECTOR submitting 20 of the same item. The dealer on the other hand submits hundreds or even thousands of the same item and law of averages he gets hundreds of 70's.</p><p><br /></p><p><br /></p><p>As we know maybe, but that doesn't mean the hobby will die. For me coins are a hobby and I don't NEED a 70 coin. And I think a lot of other HOBBYISTS probably feel the same way. Prices on 70's get silly and sky high, a 69 or 68 works just fine. I think a lot of the people chasing the 70's and paying the high prices are speculators not hobbyists. If the death of the hobby as we know it comes to past that will probably mean that the speculators all got burned.</p><p><br /></p><p><br /></p><p>I believe previous ANA shows at Portland have also been poorly attended as well, (But I will admit not that bad)[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 2114961, member: 66"]20 in a row 70's? No but I rarely ever hear of a COLLECTOR submitting 20 of the same item. The dealer on the other hand submits hundreds or even thousands of the same item and law of averages he gets hundreds of 70's. As we know maybe, but that doesn't mean the hobby will die. For me coins are a hobby and I don't NEED a 70 coin. And I think a lot of other HOBBYISTS probably feel the same way. Prices on 70's get silly and sky high, a 69 or 68 works just fine. I think a lot of the people chasing the 70's and paying the high prices are speculators not hobbyists. If the death of the hobby as we know it comes to past that will probably mean that the speculators all got burned. I believe previous ANA shows at Portland have also been poorly attended as well, (But I will admit not that bad)[/QUOTE]
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