Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Ancient Coins
>
State of the Market
>
Reply to Thread
Message:
<p>[QUOTE="dougsmit, post: 3547919, member: 19463"]I wonder how many of that number has placed a bid or made contact in the last year/5 years. Contact figures changed with the Internet. In 1990, paper catalog mailings had to be limited to those who paid or who were likely to generate future business (you got catalogs if you won enough on a regular basis). Now, it cost no more to contact 19000 e-people than it does to contact the 500 (guess - what is the actual number?) who spent over $10k last year. Registered uses vary from people who bought half of the last sale to those who never have placed a bid and have no intention of ever owning a coin. One could make quite a 'clip art' collection without ever touching a coin. How long after one of us dies does the name remain in Registered user status? When I retired onto a fixed income in 2003, I discovered how long it took for some companies to give up on me and stop sending catalogs. It cost them money to keep inactive names on their list. This has changed. About 30 years ago I heard a major dealer define a 'serious' collector as one who spent over $1000 a year on the hobby. What is that cut off number today? How many different people spent $1k (or $10k or $100k) on ancient coins in 2018? How many worldwide accumulations of ancient coins exist that exceed each of these values in coins? How many of those were assembled by a person who died long ago and the family has not bothered with the coins? Such statistics would be very hard to assemble.[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 3547919, member: 19463"]I wonder how many of that number has placed a bid or made contact in the last year/5 years. Contact figures changed with the Internet. In 1990, paper catalog mailings had to be limited to those who paid or who were likely to generate future business (you got catalogs if you won enough on a regular basis). Now, it cost no more to contact 19000 e-people than it does to contact the 500 (guess - what is the actual number?) who spent over $10k last year. Registered uses vary from people who bought half of the last sale to those who never have placed a bid and have no intention of ever owning a coin. One could make quite a 'clip art' collection without ever touching a coin. How long after one of us dies does the name remain in Registered user status? When I retired onto a fixed income in 2003, I discovered how long it took for some companies to give up on me and stop sending catalogs. It cost them money to keep inactive names on their list. This has changed. About 30 years ago I heard a major dealer define a 'serious' collector as one who spent over $1000 a year on the hobby. What is that cut off number today? How many different people spent $1k (or $10k or $100k) on ancient coins in 2018? How many worldwide accumulations of ancient coins exist that exceed each of these values in coins? How many of those were assembled by a person who died long ago and the family has not bothered with the coins? Such statistics would be very hard to assemble.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Ancient Coins
>
State of the Market
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...