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<p>[QUOTE=&quot;dougsmit, post: 1829135, member: 19463&quot;]This seems pretty much in keeping with what I would call reason.&nbsp; Suppose each day you turned loose on the market 100 coins.&nbsp; Of these, some would be bought and enter someone&#039;s collection not to be seen again for a long time.&nbsp; Others would be returned to the market by dealers/speculators.&nbsp; Of those a few would be skimmed off the top into collections and the rest would recycle again in some form in the market.&nbsp; Each cycle would see a few nicer coins retired so eventually the original group is reduced to mostly coins no one really wanted in the long term.&nbsp;&nbsp; Every so often someone will sell their collection so those selected coins will reenter but many will enter higher up according to how good the coins were.&nbsp; Only the lower end collections will recycle to eBay with mid grades (most of ours except for a couple who will be CNG or better) probably going to VCoins type dealers.&nbsp; This will continue until there are more old collectors dying than there are new collectors entering the market at which time there will be a glut on the market of nice coins no one wants.&nbsp; If this seems ridiculous look at the hobby of bell collecting.&nbsp; My wife joined a local chapter of the American Bell Association forty years ago and is still one of the younger members.&nbsp; We have attended several sales of collections that went for less than was paid in the 1970-1990 period when the now 90 year olds were actively competing for antique bells of quality.&nbsp; Bells have the difference from ancient coins that few new ones are found (no hoard material of things from the 1800&#039;s).&nbsp; Junk sells at flea markets but heirs to a thousand old bells have more trouble finding a buyer.&nbsp; Will ancient coins be in demand in 2050?[/QUOTE]</p><p><br /></p>

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