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<p>[QUOTE="HawkeEye, post: 2721887, member: 86305"]There is a lot of discussion about this, in particular Morgan Dollar VAM prices, on VAMworld. The economy has a lot to do with it including disposable income and alternatives in the stock market while it is rising. But I believe there is a structural issue of not bringing enough young people into the hobby. </p><p><br /></p><p>Coin collecting has often been for the older set because of cost and time. But it has always been fed by a new generation of collectors but today we compete with TV, the internet, gaming, etc. There was an interesting lecture I saw recently that correlated the decline in literacy in the US with the introduction of TV and people no longer reading. That does not bode well for the future when they measure it after the internet.</p><p><br /></p><p>But back to the main topic, I think it is pure supply and demand on pricing. Bring more people into the hobby and demand automatically increases. Continue down the path we are on and the future does not look so bright.[/QUOTE]</p><p><br /></p>
[QUOTE="HawkeEye, post: 2721887, member: 86305"]There is a lot of discussion about this, in particular Morgan Dollar VAM prices, on VAMworld. The economy has a lot to do with it including disposable income and alternatives in the stock market while it is rising. But I believe there is a structural issue of not bringing enough young people into the hobby. Coin collecting has often been for the older set because of cost and time. But it has always been fed by a new generation of collectors but today we compete with TV, the internet, gaming, etc. There was an interesting lecture I saw recently that correlated the decline in literacy in the US with the introduction of TV and people no longer reading. That does not bode well for the future when they measure it after the internet. But back to the main topic, I think it is pure supply and demand on pricing. Bring more people into the hobby and demand automatically increases. Continue down the path we are on and the future does not look so bright.[/QUOTE]
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