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<p>[QUOTE="Conder101, post: 34603, member: 66"]See fads and herd mentality.</p><p><br /></p><p>When a few people start chasing something that is hyped prices start rising which catches the attention of others. This leads to more chasing the same thing, prices rise even more and a vicious cycle begins. Eventually something happens to break the up cycle, interest wanes or is directed elsewhere, prices fall discouraging others. Eventually all who aren't seriously interested in the item for what it is and not what it is worth are gone and the item reaches a price level commenserate with the actual collector demand. Prices then tend to remain flat from that point on, only changing as new collctors become interested. In the case of the Wildlife medals you have the problem that there are very few medal collectors and most coin collectors are only interested in coins. So even with a mintage of only 25,000 there are probably plenty of these to meet the actual demand. I would not be surprised to see these eventually fall to not much more than the bullion value.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 34603, member: 66"]See fads and herd mentality. When a few people start chasing something that is hyped prices start rising which catches the attention of others. This leads to more chasing the same thing, prices rise even more and a vicious cycle begins. Eventually something happens to break the up cycle, interest wanes or is directed elsewhere, prices fall discouraging others. Eventually all who aren't seriously interested in the item for what it is and not what it is worth are gone and the item reaches a price level commenserate with the actual collector demand. Prices then tend to remain flat from that point on, only changing as new collctors become interested. In the case of the Wildlife medals you have the problem that there are very few medal collectors and most coin collectors are only interested in coins. So even with a mintage of only 25,000 there are probably plenty of these to meet the actual demand. I would not be surprised to see these eventually fall to not much more than the bullion value.[/QUOTE]
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