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<p>[QUOTE="Nerva, post: 2757253, member: 87761"]Thank</p><p><br /></p><p>Thank you. That's very interesting. And much as I'd have expected from other markets. There are a lot of people in the world for whom $10k or even $100k for a coin is nothing. A handful of those collectors in the same area can really shift prices. Further down the scale, collecting is just less popular. Mid-range art and antiques are now very cheap. I'm interested in rarity effects, too. In the art market rarity generally conveys a premium. But too much rarity and there's nothing to collect. The last great collection of medieval enamels was sold a decade or so ago, and it bombed. Theory is that no one could hope to build a collection today, because they're all in museums now. Will be interesting to see the longer term effects of cultural patrimony laws and increasingly stringent export controls, splitting markets into separate units.[/QUOTE]</p><p><br /></p>
[QUOTE="Nerva, post: 2757253, member: 87761"]Thank Thank you. That's very interesting. And much as I'd have expected from other markets. There are a lot of people in the world for whom $10k or even $100k for a coin is nothing. A handful of those collectors in the same area can really shift prices. Further down the scale, collecting is just less popular. Mid-range art and antiques are now very cheap. I'm interested in rarity effects, too. In the art market rarity generally conveys a premium. But too much rarity and there's nothing to collect. The last great collection of medieval enamels was sold a decade or so ago, and it bombed. Theory is that no one could hope to build a collection today, because they're all in museums now. Will be interesting to see the longer term effects of cultural patrimony laws and increasingly stringent export controls, splitting markets into separate units.[/QUOTE]
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