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Will the new economy effect the future value of numismatics?
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<p>[QUOTE="Hiddendragon, post: 1613040, member: 25270"]I can't comment on those things because I don't buy them or ever even think of them. I can see a valid comparison, basically junk to junk. But while few people 100 years from now are going to be hitting up the auctions for Beanie Babies, something like 19th century British pennies will always have value to people, because it is a tangible piece of history and many people appreciate that. </p><p><br /></p><p>To address your example of the first day issues and slabbed ASEs, those are similar to when baseball card collecting turned into buying cases of cards hoping to find the insert with a piece of a Babe Ruth bat in it. People started to realize they were just being exploited and they stopped buying them, but they were still interested in the old hall of famers (Hank Aaron, Mickey Mantle). People might not want colored coins from Tuvalu in 50 years, but the classic coins will still have value. I can't say if it will be more or less than now, but things like coins have a lasting value that will always be there to some extent.[/QUOTE]</p><p><br /></p>
[QUOTE="Hiddendragon, post: 1613040, member: 25270"]I can't comment on those things because I don't buy them or ever even think of them. I can see a valid comparison, basically junk to junk. But while few people 100 years from now are going to be hitting up the auctions for Beanie Babies, something like 19th century British pennies will always have value to people, because it is a tangible piece of history and many people appreciate that. To address your example of the first day issues and slabbed ASEs, those are similar to when baseball card collecting turned into buying cases of cards hoping to find the insert with a piece of a Babe Ruth bat in it. People started to realize they were just being exploited and they stopped buying them, but they were still interested in the old hall of famers (Hank Aaron, Mickey Mantle). People might not want colored coins from Tuvalu in 50 years, but the classic coins will still have value. I can't say if it will be more or less than now, but things like coins have a lasting value that will always be there to some extent.[/QUOTE]
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