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<p>[QUOTE="Juan Blanco, post: 1676178, member: 41665"]I'll discuss the Middle Market collectors, here.</p><p><br /></p><p>In the USA: are we discussing an Old White Person's hobby? That fewer and fewer young people are interested in? o.k. - so IT'S DYING. Face facts. It's irrelevant that there will always be SOMEONE collecting. What's important is the ratio of "collectors" spending $$ on coins. That percentage is shrinking, poorer, aging - and there's no replacement for every pensioned oldster croaking. Their collections will come to market and further depress prices. The Great American Coin Grift died in 2007.</p><p><br /></p><p>Ergo, the market(value) is shrinking(dropping.) Coin shops have closed by the thousands in the last two decades, that's a canary-in-the-coal-mine. Most importantly LOOK AT PRICES, aggregate numbers don't lie. Coin values have been & continue to fall because the demand is declining not because more people know 'what its worth.' Chinese Counterfeits are just the latest big scam in a racket business and people aren't getting any stupider to that fact either. </p><p><br /></p><p>Nothing bodes well for US coin collectors now so it makes sense to cherrypick & lowball Ag/Au numismatics from widows & heirs ... lots of collections will be dumped on a falling mkt for pennies on the dollar, for years. </p><p><br /></p><p>[ATTACH]249983.vB[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="Juan Blanco, post: 1676178, member: 41665"]I'll discuss the Middle Market collectors, here. In the USA: are we discussing an Old White Person's hobby? That fewer and fewer young people are interested in? o.k. - so IT'S DYING. Face facts. It's irrelevant that there will always be SOMEONE collecting. What's important is the ratio of "collectors" spending $$ on coins. That percentage is shrinking, poorer, aging - and there's no replacement for every pensioned oldster croaking. Their collections will come to market and further depress prices. The Great American Coin Grift died in 2007. Ergo, the market(value) is shrinking(dropping.) Coin shops have closed by the thousands in the last two decades, that's a canary-in-the-coal-mine. Most importantly LOOK AT PRICES, aggregate numbers don't lie. Coin values have been & continue to fall because the demand is declining not because more people know 'what its worth.' Chinese Counterfeits are just the latest big scam in a racket business and people aren't getting any stupider to that fact either. Nothing bodes well for US coin collectors now so it makes sense to cherrypick & lowball Ag/Au numismatics from widows & heirs ... lots of collections will be dumped on a falling mkt for pennies on the dollar, for years. [ATTACH]249983.vB[/ATTACH][/QUOTE]
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