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Will the new economy effect the future value of numismatics?
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<p>[QUOTE="medoraman, post: 1612207, member: 26302"]I would think you would simply have an escalation of market trends we are already seeing. Higher end stuff keeps going through the roof, as numismatic works of art are priced like paintings, etc. So, I believe high end material will keep going up, the only thing that would stop them would be much higher returns from the bond markets, (better place to put money).</p><p><br /></p><p>I think the lower middle and lower ends will be more hurt. Also, I think the "key" coins from such sets will also take a beating. Lincoln cents are a pretty popular "cheap" coin set. If fewer people have the money to take up collecting, where will be the demand for the S VDB's? There is only so much demand for 'keys" ONLY because they are "keys". You would think the base demand has to be those wishing to complete sets. Lower the amount of people COLLECTING set, lower value of "keys".</p><p><br /></p><p>In short, I would not be as nervous holding high grade early 19th century and 18th century material, but would be more concerned about semi key mercury dimes.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1612207, member: 26302"]I would think you would simply have an escalation of market trends we are already seeing. Higher end stuff keeps going through the roof, as numismatic works of art are priced like paintings, etc. So, I believe high end material will keep going up, the only thing that would stop them would be much higher returns from the bond markets, (better place to put money). I think the lower middle and lower ends will be more hurt. Also, I think the "key" coins from such sets will also take a beating. Lincoln cents are a pretty popular "cheap" coin set. If fewer people have the money to take up collecting, where will be the demand for the S VDB's? There is only so much demand for 'keys" ONLY because they are "keys". You would think the base demand has to be those wishing to complete sets. Lower the amount of people COLLECTING set, lower value of "keys". In short, I would not be as nervous holding high grade early 19th century and 18th century material, but would be more concerned about semi key mercury dimes.[/QUOTE]
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