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<p>[QUOTE="Just Carl, post: 309381, member: 4552"]WELLLLLCOMMMME. </p><p>As to what is going on. Similar to a feeding frenzy by sharks with an abundance of food. Our Mint has in the past attempted to create a coin hoarding situation so they can continue thier jobs. By this I mean eventually there will be no use for coins or currency anywhere. It is coming. Note the already massive increase in credit/debit cards everywhere. Have you seen those Visa commercials where everything is moving fast and efficiently until someone attempts to pay in cash. Cash is doomed. With the constant intercontinental commerce increasing, our monitary system is becoming a white elephant, so to speak. Soon only collectors will be hunting for the last of our monitary system left. Sort of like Beanie Babies or Baseball/Football cards. Note Europe has already attempted to standardize the monitary system , making all previous European coinage a thing of the past. In order to simplify all trading between countries, only the plastic cards will be usable where the computers will standarize WORLD monitary systems. </p><p>Our Mint tried to make coin collectors back in the 70's with the Bicentennial coins and that failed. Now they are going crazy with Baby sized Dollar coins that no one wants, a constant flow of commemoratives, State Quarters, Gold, Silver and Platinum coins of all types and sizes. With the population of the US at 300,000,000 there are now more coin collectors than ever and most are temporary. The craze will slow down soon enough and prices will either stabilize or deminish. </p><p>For now there are a constant flow of new grading services, TV coin shows, Coin shows everywhere, new coin stores opening, coin dealers at flea markets and more more coins on ebay than is imagineable. A new and constant flow of coin books and magazines. New grading standards being created by anyone that wants to create one. AND the flow of counterfeit coins and now slabs is also proof of the feeding frenzy.</p><p>BE CAREFULL OUT THERE.[/QUOTE]</p><p><br /></p>
[QUOTE="Just Carl, post: 309381, member: 4552"]WELLLLLCOMMMME. As to what is going on. Similar to a feeding frenzy by sharks with an abundance of food. Our Mint has in the past attempted to create a coin hoarding situation so they can continue thier jobs. By this I mean eventually there will be no use for coins or currency anywhere. It is coming. Note the already massive increase in credit/debit cards everywhere. Have you seen those Visa commercials where everything is moving fast and efficiently until someone attempts to pay in cash. Cash is doomed. With the constant intercontinental commerce increasing, our monitary system is becoming a white elephant, so to speak. Soon only collectors will be hunting for the last of our monitary system left. Sort of like Beanie Babies or Baseball/Football cards. Note Europe has already attempted to standardize the monitary system , making all previous European coinage a thing of the past. In order to simplify all trading between countries, only the plastic cards will be usable where the computers will standarize WORLD monitary systems. Our Mint tried to make coin collectors back in the 70's with the Bicentennial coins and that failed. Now they are going crazy with Baby sized Dollar coins that no one wants, a constant flow of commemoratives, State Quarters, Gold, Silver and Platinum coins of all types and sizes. With the population of the US at 300,000,000 there are now more coin collectors than ever and most are temporary. The craze will slow down soon enough and prices will either stabilize or deminish. For now there are a constant flow of new grading services, TV coin shows, Coin shows everywhere, new coin stores opening, coin dealers at flea markets and more more coins on ebay than is imagineable. A new and constant flow of coin books and magazines. New grading standards being created by anyone that wants to create one. AND the flow of counterfeit coins and now slabs is also proof of the feeding frenzy. BE CAREFULL OUT THERE.[/QUOTE]
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