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Is world coin collecting gaining ground in popularity?
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<p>[QUOTE="sylvester, post: 128886, member: 708"]As long as the economy holds them there then yes, but economies can have bad years too.</p><p><br /></p><p>Some coins will always be popular and have demand (due to rarity or one off's needed for a type set or whatever), but if a price has been created 'artificially' (i.e collectors have gone into a buying frenzy due to hype and prices have skyrocketed), then even those coins will slide back down sooner or later when the artificial bubble bursts.* It doesn't necessarily mean they'll lose their popularity it just means they'll be cheaper as collectors have cooled off and come to their senses.</p><p><br /></p><p>*Also note that often it might be that a price in a catalogue seemingly fails to come back down again, but it might freeze for a few years allowing inflation to catch up. (Which means technically the price has fallen in real terms).[/QUOTE]</p><p><br /></p>
[QUOTE="sylvester, post: 128886, member: 708"]As long as the economy holds them there then yes, but economies can have bad years too. Some coins will always be popular and have demand (due to rarity or one off's needed for a type set or whatever), but if a price has been created 'artificially' (i.e collectors have gone into a buying frenzy due to hype and prices have skyrocketed), then even those coins will slide back down sooner or later when the artificial bubble bursts.* It doesn't necessarily mean they'll lose their popularity it just means they'll be cheaper as collectors have cooled off and come to their senses. *Also note that often it might be that a price in a catalogue seemingly fails to come back down again, but it might freeze for a few years allowing inflation to catch up. (Which means technically the price has fallen in real terms).[/QUOTE]
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