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The "Peter Principle" for Slabbing Coins
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<p>[QUOTE="vavet, post: 402031, member: 11630"]Bonedigger,</p><p> </p><p>I remember the last few times the market got hot and later cooled off. Each time things got hot everybody and their dog was jumping on the train in search of the almighty dollar. If you check the posts on just about every discussion board these days, many of the comments are related either directly or indirectly toward money. One topic that probably tops the list is which TPG to use and the answer almost always is in terms of which sells for the most money.</p><p> </p><p>However, once the market cools off and the money pit dries up, the herd trims down rather quickly and what is left are those who are primarily interested in collecting. In that sense, the collector minority of today will become the majority because dealers understand that the collector base is what supports the hobby in slow times.[/QUOTE]</p><p><br /></p>
[QUOTE="vavet, post: 402031, member: 11630"]Bonedigger, I remember the last few times the market got hot and later cooled off. Each time things got hot everybody and their dog was jumping on the train in search of the almighty dollar. If you check the posts on just about every discussion board these days, many of the comments are related either directly or indirectly toward money. One topic that probably tops the list is which TPG to use and the answer almost always is in terms of which sells for the most money. However, once the market cools off and the money pit dries up, the herd trims down rather quickly and what is left are those who are primarily interested in collecting. In that sense, the collector minority of today will become the majority because dealers understand that the collector base is what supports the hobby in slow times.[/QUOTE]
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