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<p>[QUOTE="cladking, post: 620947, member: 68"]I think these factors are important for everyone who has an interest in coins.</p><p><br /></p><p>Indeed, anyone hauling around bags of new coins and others to check would even agree the strenght, stamina, blood, sweat, and tears can be important to success. Eye- hand coordination sure helps in looking through rolls. </p><p><br /></p><p>But I believe most of these traits are more likely to benefit dealers and those who buy, sell, and trade than pure collectors or pure investors. A pure collector is generally going to acquire specimens as they become available rather than time his purchases even if he knows that something is mispriced by the market. Of course most collectors become very knowledgeabe and do pretty well because they develope a knack for spotting coins that are undervalued. Also all the knowledge they accumulate will manifest in their collections so they'll do better than most. </p><p><br /></p><p>It's not that I disagree. It's not even that I believe it's wholly impossible to make predictions about the behavior of collectors; It's just that I don't believe that reliable and timely correct predictions can be made except primarily through luck. Obviously knowledge rules but one can't know the future demand for collectibles. One can make inferences about future demmand for T-bonds or real estate near Cincinnatti, Ohio.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 620947, member: 68"]I think these factors are important for everyone who has an interest in coins. Indeed, anyone hauling around bags of new coins and others to check would even agree the strenght, stamina, blood, sweat, and tears can be important to success. Eye- hand coordination sure helps in looking through rolls. But I believe most of these traits are more likely to benefit dealers and those who buy, sell, and trade than pure collectors or pure investors. A pure collector is generally going to acquire specimens as they become available rather than time his purchases even if he knows that something is mispriced by the market. Of course most collectors become very knowledgeabe and do pretty well because they develope a knack for spotting coins that are undervalued. Also all the knowledge they accumulate will manifest in their collections so they'll do better than most. It's not that I disagree. It's not even that I believe it's wholly impossible to make predictions about the behavior of collectors; It's just that I don't believe that reliable and timely correct predictions can be made except primarily through luck. Obviously knowledge rules but one can't know the future demand for collectibles. One can make inferences about future demmand for T-bonds or real estate near Cincinnatti, Ohio.[/QUOTE]
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