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Message:: [QUOTE="Sallent, post: 3089009, member: 76194"]My opinion is that the decline in salaries and increased student debt in younger generations will definitely affect the hobby. Prices will go down eventually as less people are willing or able to spend $500 or $1000 on a coin...and you will probably see a decline in general in numbers of younger numismatists as this generation is not as wealthy as the baby boomers. However, there will always be a demand for "premium coins" in the $25,000+ range as rich people like to hoard and invest in expensive commodities (ie. look at the value of art). But does that mean that numismatics will end? No! Heck, stamp collectors can still be found if you know where to look, and that's a hobby that's declined 100 times faster than coin collecting. However, stamps that were once worth $500 or $1000 have severely depreciated as the hobby weakened, but the "premium stamps" are still increasing in price due to speculation from the multi-millionaire investor class looking for commodity investments.[/QUOTE]