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<p>[QUOTE=&quot;V. Kurt Bellman, post: 1982948, member: 71723&quot;]Here&#039;s the (oh boy) other side of the coin. (Sorry.)</p><p><br /></p><p>Traditionally, lack of supply has created its own extra demand. I once wrote an article for NN in which I called this phenomenon the &quot;key coin effect&quot;.</p><p><br /></p><p>I am working on another economic theory in which that effect, when taken to its <i>reductio ad absurdum </i>extreme, may flip backwards onto itself and <b>reduce </b>demand for classic coins due to what I&#039;m calling the &quot;discouraged walk away effect&quot;. As this new upcoming generation keeps underperforming in disposable income, as has been their average, while the true rarities keep exploding in price due to the income distribution and obscene wealth of the 1%, more of tomorrow&#039;s collectors may throw up their hands in disgust at classic coins and eschew them completely in favor of the coins they have familiarity with. Just a theory at this point...</p><p><br /></p><p>Economists do have a deserved reputation for being pains in the far lower back. No, lower. It is known as the dismal science.[/QUOTE]</p><p><br /></p>

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