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<p>[QUOTE="beef1020, post: 1676977, member: 24544"]What he is saying is absolute numbers of people matter more than percentage of population. Hypothetical, if there are 50 million white middle aged men today in a population of 300 million than the percentage is 16.7%. If the white middle aged male population goes to 70 million in a population of 700 million then demand may well be higher for the fixed number of coins existing, while the demographic percentage has gone down to 10%.</p><p><br /></p><p>So to say that the percentage of the population who is X is decreaseing does not tell you much about the absolute size of a given population, which is more important for demand considerations. With that said, the actual demographics look pretty bad for coin collecting, 80 million baby boomers aging through middle age now compared with 50 million gen X aging through middle age in a decade or so. I know there is more too it then just these demographic numbers, but if the same percentage of each generation collects coins, we are in for a 40% reduction in the number of collectors.[/QUOTE]</p><p><br /></p>
[QUOTE="beef1020, post: 1676977, member: 24544"]What he is saying is absolute numbers of people matter more than percentage of population. Hypothetical, if there are 50 million white middle aged men today in a population of 300 million than the percentage is 16.7%. If the white middle aged male population goes to 70 million in a population of 700 million then demand may well be higher for the fixed number of coins existing, while the demographic percentage has gone down to 10%. So to say that the percentage of the population who is X is decreaseing does not tell you much about the absolute size of a given population, which is more important for demand considerations. With that said, the actual demographics look pretty bad for coin collecting, 80 million baby boomers aging through middle age now compared with 50 million gen X aging through middle age in a decade or so. I know there is more too it then just these demographic numbers, but if the same percentage of each generation collects coins, we are in for a 40% reduction in the number of collectors.[/QUOTE]
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