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<p>[QUOTE="Al Kowsky, post: 3975816, member: 97383"]One thing I gathered from reading this <b>COIN</b><span style="color: #ff8000"><b>WEEK</b></span><span style="color: #660033"> article was the general undercurrent of disappointment in the market this past year <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie3" alt=":(" unselectable="on" unselectable="on" />. A number of factors are behind this. Despite the market correction after 1989, when the market peaked, many coins are still over-valued to the point that new collectors aren't entering the <u><b>hobby</b></u>. I emphasized the word hobby because many collectors today place more importance on investment value versus history & aesthetics. You're not going to lure new collectors with a limited budget by stressing investment potential <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie11" alt=":rolleyes:" unselectable="on" unselectable="on" />. "Lets wake up & smell the coffee". One thing that annoyed me with this article was no mention of <b>ancient & medieval</b> coins <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie12" alt="o_O" unselectable="on" unselectable="on" />. The <b>ancient & medieval</b> coin market has shown significant growth over the last few years from new collectors & veteran collectors who are not interested in overpaying for modern slabbed coins with high mintage's, little historical interest, & poor aesthetics. There are fascinating ancient coins for all budgets <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />. What coin would appeal to a high school kid more, a 1960 small date cent in MS65 RD, worth $20, or a bronze follis of Constantine the Great, that is nearly 1,700 years old, in VF condition, that has been hand struck from hand engraved dies & retails for the same money <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />?</span>[/QUOTE]</p><p><br /></p>
[QUOTE="Al Kowsky, post: 3975816, member: 97383"]One thing I gathered from reading this [B]COIN[/B][COLOR=#ff8000][B]WEEK[/B][/COLOR][COLOR=#660033] article was the general undercurrent of disappointment in the market this past year :(. A number of factors are behind this. Despite the market correction after 1989, when the market peaked, many coins are still over-valued to the point that new collectors aren't entering the [U][B]hobby[/B][/U]. I emphasized the word hobby because many collectors today place more importance on investment value versus history & aesthetics. You're not going to lure new collectors with a limited budget by stressing investment potential :rolleyes:. "Lets wake up & smell the coffee". One thing that annoyed me with this article was no mention of [B]ancient & medieval[/B] coins o_O. The [B]ancient & medieval[/B] coin market has shown significant growth over the last few years from new collectors & veteran collectors who are not interested in overpaying for modern slabbed coins with high mintage's, little historical interest, & poor aesthetics. There are fascinating ancient coins for all budgets :). What coin would appeal to a high school kid more, a 1960 small date cent in MS65 RD, worth $20, or a bronze follis of Constantine the Great, that is nearly 1,700 years old, in VF condition, that has been hand struck from hand engraved dies & retails for the same money ;)?[/COLOR][/QUOTE]
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