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<p>[QUOTE="dougsmit, post: 8163958, member: 19463"]I have two related questions: How many of the billionaires currently driving up prices are new to the hobby and have more money than they can spend on other interest? Second, how many of those new 'collectors' will get bored with coins in a few years or lose their current riches resulting on them consigning them back into the market to recoup 'normal' prices? How many of them paid high prices for second rate examples because they did not know that style matters? </p><p><br /></p><p>Lot 101 is a perfect example. Great coin? Sure, unless someone comes up with one that is better centered and otherwise equal. Why was it deaccessioned by the French? Did they have several and this one was 'defective'? We won't know if someone made a 'good buy' until it is sold again. If this is $252,000, what would be the value of one with four dolphins? Remember a billionaire can afford to lose $100,000 as well as a millionaire can lose $1,000.[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 8163958, member: 19463"]I have two related questions: How many of the billionaires currently driving up prices are new to the hobby and have more money than they can spend on other interest? Second, how many of those new 'collectors' will get bored with coins in a few years or lose their current riches resulting on them consigning them back into the market to recoup 'normal' prices? How many of them paid high prices for second rate examples because they did not know that style matters? Lot 101 is a perfect example. Great coin? Sure, unless someone comes up with one that is better centered and otherwise equal. Why was it deaccessioned by the French? Did they have several and this one was 'defective'? We won't know if someone made a 'good buy' until it is sold again. If this is $252,000, what would be the value of one with four dolphins? Remember a billionaire can afford to lose $100,000 as well as a millionaire can lose $1,000.[/QUOTE]
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