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<p>[QUOTE="Juan Blanco, post: 1614607, member: 41665"]Danr-</p><p>I'm not "cherry-picking some odd numbers" : I wrote "$100./mo (or whatever)" Since you have a problem with my obvious guestimate, please state categorically and without equivocation exactly what the average collector spends. And then tell us, what did he spend in 2002, 1992, 1982, etc. Let us see your privileged data. Do you have any? Or are you just denying reality?</p><p><br /></p><p>My point is: the US coin index charts show a price collapse, those high-value coins are held by whom? YES, older collectors. As they die off, their collections WILL get thrown on a collapsing mkt. </p><p><br /></p><p>This is demographic trend colliding head-on with mkt reality - in coins as with homes (in <i>many </i>RE mkts.) Future buyers will need equivalent or higher salaries to afford these overpriced homes/coins. There's NO EVIDENCE the USA is seeing salaries rise; so (relative) prices must fall farther still. The US markets for most US collectibles are <i>already </i>glutted but nowhere near the bottom. It's high-time to face that reality. </p><p><br /></p><p>eBay is awash in Beanie Babies that cannot sell... and lots of people spent hundred$ on those "investments" too. Apparently, so did the Ohio State Bureau of Workers' Compensation Pension!</p><p><a href="http://blog.cleveland.com/metro/2012/03/the_beanie_babies_and_other_co.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://blog.cleveland.com/metro/2012/03/the_beanie_babies_and_other_co.html" rel="nofollow">http://blog.cleveland.com/metro/2012/03/the_beanie_babies_and_other_co.html</a>[/QUOTE]</p><p><br /></p>
[QUOTE="Juan Blanco, post: 1614607, member: 41665"]Danr- I'm not "cherry-picking some odd numbers" : I wrote "$100./mo (or whatever)" Since you have a problem with my obvious guestimate, please state categorically and without equivocation exactly what the average collector spends. And then tell us, what did he spend in 2002, 1992, 1982, etc. Let us see your privileged data. Do you have any? Or are you just denying reality? My point is: the US coin index charts show a price collapse, those high-value coins are held by whom? YES, older collectors. As they die off, their collections WILL get thrown on a collapsing mkt. This is demographic trend colliding head-on with mkt reality - in coins as with homes (in [I]many [/I]RE mkts.) Future buyers will need equivalent or higher salaries to afford these overpriced homes/coins. There's NO EVIDENCE the USA is seeing salaries rise; so (relative) prices must fall farther still. The US markets for most US collectibles are [I]already [/I]glutted but nowhere near the bottom. It's high-time to face that reality. eBay is awash in Beanie Babies that cannot sell... and lots of people spent hundred$ on those "investments" too. Apparently, so did the Ohio State Bureau of Workers' Compensation Pension! [URL]http://blog.cleveland.com/metro/2012/03/the_beanie_babies_and_other_co.html[/URL][/QUOTE]
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