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<p>[QUOTE="Sallent, post: 3572106, member: 76194"]Apparently this might be the time to buy an antique coin cabinet. I was checking and the antiques market is basically in free fall. Millennials, who are highly mobile and prefer simplicity, don't want 19th or 18th century furniture, and the baby boomer collectors are dying... flooding the antique market.</p><p><br /></p><p>It goes to show you that just because something is going up in price, doesn't mean it will be very collectible and valuable indefinitely. Maybe in 20 or 30 years our own hobby could be 1/3 the size it is now and the prices could end up reflecting that. Look at what's happened to some sub-categories of the US coin collectors market already. For example, antique US commemorative coins have plummeted in value by as much as 2/3 over the last decade. Heck, look at what happened to US stamps. These days it's cheaper to buy unused 1950s through 1980s u.s. stamps in bulk than buying brand new stamps are the post office, which is why some people I know use old stamps to mail stuff rather than modern stamps. Except for some of the rarer stamps, the stamp collector market has collapsed.[/QUOTE]</p><p><br /></p>
[QUOTE="Sallent, post: 3572106, member: 76194"]Apparently this might be the time to buy an antique coin cabinet. I was checking and the antiques market is basically in free fall. Millennials, who are highly mobile and prefer simplicity, don't want 19th or 18th century furniture, and the baby boomer collectors are dying... flooding the antique market. It goes to show you that just because something is going up in price, doesn't mean it will be very collectible and valuable indefinitely. Maybe in 20 or 30 years our own hobby could be 1/3 the size it is now and the prices could end up reflecting that. Look at what's happened to some sub-categories of the US coin collectors market already. For example, antique US commemorative coins have plummeted in value by as much as 2/3 over the last decade. Heck, look at what happened to US stamps. These days it's cheaper to buy unused 1950s through 1980s u.s. stamps in bulk than buying brand new stamps are the post office, which is why some people I know use old stamps to mail stuff rather than modern stamps. Except for some of the rarer stamps, the stamp collector market has collapsed.[/QUOTE]
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