Message:

<p>[QUOTE=&quot;GDJMSP, post: 1417347, member: 112&quot;]Honestly ? I think coin forums had more to do with it than anything else. Coin forums for the most part didn&#039;t even exist until the late &#039;90s. And they had a huge effect on the prices for coins pretty much across the board going up. Coin forums allowed, for the first time in history, collectors to really share their collections with large numbers of people.</p><p><br /></p><p>Pretty much everybody on the planet will agree that word of mouth is about the best form of advertising that you can get. Well, when it comes right down to it what are coin forums but a form of word of mouth ? They allow a guy who has attractively toned coins to share those coins with thousands of other people who would otherwise probably never even see coins like that. And when they post pictures of them and show them then some of those other people go ooooh and ahhhh and say - I like that ! Gotta get me one of them ! And the simple fact that people go oooh and ahhh when they see those pics make others want to buy similar coins so they can post their own pics and have every go oooooh and ahhhh over their coins.</p><p><br /></p><p>It&#039;s human nature. And it creates a snowball effect, for the more people who do it, cause even more people to do it. But sooner or later you run out of more new people to do it. And then things will slow down. </p><p><br /></p><p>Yeah they will still happen for you now have a large number of people, the size of the group has grown,&nbsp; who keep right on posting and talking about their new attractively toned coins, and they all ooooh and ahhhhh over each others coins. The size of that group may stay stable for quite some time, the size may stay stable forever. But as time passes they will lose a few and gain few and things will pretty much stay as they are. And as the newness and excitement wears off the size of the group might even get smaller.</p><p><br /></p><p>Same things happen with prices. Prices are relative to the groups, the popularity. And as we all know popularity comes and popularity goes. It happens with everything, not just coins. We&#039;ve all seen it happen with clothes, shoes, guns, hair styles, tattoos, jewelry, cars, trucks - you name it it&#039;s happened with it.</p><p><br /></p><p>So why did prices explode ? That&#039;s why.[/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