Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Will the new economy effect the future value of numismatics?
>
Reply to Thread
Message:
<p>[QUOTE="meteor, post: 1612680, member: 42165"]It's an interesting question for sure! There are arguments to be made on both sides. </p><p><br /></p><p>On the negative side: chronically weak American economy, insufficient interest by the post-boomer generations, and the continued improvement of counterfeits.</p><p><br /></p><p>On the plus side: There are folks with deep, deep pockets who are paying monster prices for coins. Take a look at some of the hammer prices at the current FUN show. How can that be? Because people with that kind of money aren't generally stupid. It's obvious that tax hikes on the income of the 1% aren't going to make the slightest dent in the United States debt problem. The government will have to get that money from somewhere and it's reasonable to assume they're going to start looking at wealthy estates. Death taxes can only go up and we can anticipate that the IRS may someday be taxing the estates of the living. Collectibles are a potential way to camouflage wealth from the eyes of the tax man.[/QUOTE]</p><p><br /></p>
[QUOTE="meteor, post: 1612680, member: 42165"]It's an interesting question for sure! There are arguments to be made on both sides. On the negative side: chronically weak American economy, insufficient interest by the post-boomer generations, and the continued improvement of counterfeits. On the plus side: There are folks with deep, deep pockets who are paying monster prices for coins. Take a look at some of the hammer prices at the current FUN show. How can that be? Because people with that kind of money aren't generally stupid. It's obvious that tax hikes on the income of the 1% aren't going to make the slightest dent in the United States debt problem. The government will have to get that money from somewhere and it's reasonable to assume they're going to start looking at wealthy estates. Death taxes can only go up and we can anticipate that the IRS may someday be taxing the estates of the living. Collectibles are a potential way to camouflage wealth from the eyes of the tax man.[/QUOTE]
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
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Will the new economy effect the future value of numismatics?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...