Message:

<p>[QUOTE=&quot;Gallienus, post: 1677047, member: 42034&quot;]According to CNN, the US population increased by almost 10% from 2000 to 2010. The non-hispanic white population increased 1%.&nbsp; The increase was 3.64 million out of a total 2010 population of 309 million.&nbsp; </p><p><br /></p><p>This increase is &quot;insignificant as far as the collecting population is concerned&quot;.&nbsp; It&#039;s wiped out by the 2nd derivative or the future rate of change, as well as the possibility that that population will almost certainly be poorer going forward.&nbsp;&nbsp; </p><p><br /></p><p>People will become more concerned about mere survival as the middle class fades away and poverty increases in the US.&nbsp; This is not an insignificant trend.&nbsp; </p><p><br /></p><p>Also the post discusses the future of <b>rare coin</b> collecting.&nbsp; I never expect that AU-58 1797 Small Eagle Bust dollars will end up being used as shims to adjust brake pads on Ford Excursions, but that the very high valuations given to &quot;RARE&quot; coins, specifically rare USA coins, will seriously readjust [lower].&nbsp; </p><p><br /></p><p>Believe me, if you offered me an AU 1776 Continental dollar (pewter) for $2,000. with the proviso that I never sell it, I&#039;d buy it in a heartbeat &amp; use it for my displays to Boy Scouts on old coins. I just passed 3 of the guys at the coin collecting merit badge college!</p><p><br /></p><p>I think there will be a serious market readjustment as many wall street investment types realize that ms-63 Turban Head gold half eagles (nice unc 1806 $5 gold pieces) no longer are investment miracles.[/QUOTE]</p><p><br /></p>

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