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Will the new economy effect the future value of numismatics?
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<p>[QUOTE="Conder101, post: 1613578, member: 66"]And as values fall, collectors who were priced out of the market earlier return, or new collectors enticed by lower prices start until a new equilibrium is reached. </p><p><br /></p><p><br /></p><p>A lot of the boomers are still fairly young. I'm a boomer and only 52. I'm still 15 years from retirement and about 25 years from needing to seriously consider disbursal. Heck the OLDEST boomers are only 66 years old.</p><p><br /></p><p><br /></p><p>They are. There have been a lot of modern coins and sets that people bought when they first came out and flipped for high prices which now sell for a fraction of the old prices. 1995 proof sets went crazy and rose from $12.50 to around $150 a set. Today they are $8. The 1999 silver proof set originally sold for $32. It ran up to the $400 range, and has since slid back down to around $100 and I don't think it has hit bottom yet.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 1613578, member: 66"]And as values fall, collectors who were priced out of the market earlier return, or new collectors enticed by lower prices start until a new equilibrium is reached. A lot of the boomers are still fairly young. I'm a boomer and only 52. I'm still 15 years from retirement and about 25 years from needing to seriously consider disbursal. Heck the OLDEST boomers are only 66 years old. They are. There have been a lot of modern coins and sets that people bought when they first came out and flipped for high prices which now sell for a fraction of the old prices. 1995 proof sets went crazy and rose from $12.50 to around $150 a set. Today they are $8. The 1999 silver proof set originally sold for $32. It ran up to the $400 range, and has since slid back down to around $100 and I don't think it has hit bottom yet.[/QUOTE]
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