Bullion Collecting
Dying a slow death due to outrageous dealer buy/sell premiums. Its so bad, I wouldn't recommend to any new or old
collector to bother with silver eagles or gold, Even the bar stackers are holding back due to crazy premiums."
Conspiracy theory?
I recently sold some 90% JUNK for 19 - 24 times face in an eBay auction. I did not set the price, the MARKET did.
It is illogical to blame sellers for high prices that the market sets, by supply and demand.
@krueger said:
Not dieing just getting older. Are more members passing then joining?
Count the greyhairs percentage in show photos.
ANA memberships still all these years under 30K!
That's really small. To small for an ANA convention in Vegas were others have attendees at 100K +
We have 8 to 10K if we are lucky.
Attending shows Since 1964. Better coins now online, no travell expense
I don't think you want more than 30k members. Imagine the competition for coins?
I can hear the whining now! Moon money. Nuclear bid and still lost. Etc.
Many of the younger, newer collectors are more like investors or dealers. The younger generation doesn't trust the stock market and is more into tangible assets (real estate, art, coins, etc.).
@pcgscacgold said:
Baseball cards are hot. Attend a card show in your area. They have figured out how to bring that hobby back.
Is the increased interest actual collecting or financial speculation masquerading as "investment"?
The two prices sticking out to me are recent sales of the Mickey Mantle and Jordan PSA-10 rookie cards, with the second a really common card. Yes, I know its demand driven, but the second has a count in the hundreds and sold for like $600K. Maybe more since. That's nuts.
@pcgscacgold said:
Baseball cards are hot. Attend a card show in your area. They have figured out how to bring that hobby back.
Is the increased interest actual collecting or financial speculation masquerading as "investment"?
The two prices sticking out to me are recent sales of the Mickey Mantle and Jordan PSA-10 rookie cards, with the second a really common card. Yes, I know its demand driven, but the second has a count in the hundreds and sold for like $600K. Maybe more since. That's nuts.
Not sure but just read on another thread that more cards are graded each year than coins. A lot more.
Comments
"> @fullstepnickels said:
Conspiracy theory?
I recently sold some 90% JUNK for 19 - 24 times face in an eBay auction. I did not set the price, the MARKET did.
It is illogical to blame sellers for high prices that the market sets, by supply and demand.
I don't think you want more than 30k members. Imagine the competition for coins?
I can hear the whining now! Moon money. Nuclear bid and still lost. Etc.
Many of the younger, newer collectors are more like investors or dealers. The younger generation doesn't trust the stock market and is more into tangible assets (real estate, art, coins, etc.).
Is the increased interest actual collecting or financial speculation masquerading as "investment"?
The two prices sticking out to me are recent sales of the Mickey Mantle and Jordan PSA-10 rookie cards, with the second a really common card. Yes, I know its demand driven, but the second has a count in the hundreds and sold for like $600K. Maybe more since. That's nuts.
Not sure but just read on another thread that more cards are graded each year than coins. A lot more.
Edit to say make more money from grading cards.
Successful BST with BustDMs , Pnies20, lkeigwin, pursuitofliberty, Bullsitter, felinfoel, SPalladino (CBH's - 37 Die Marriage's)
$5 Type Set https://www.pcgs.com/setregistry/u-s-coins/type-sets/half-eagle-type-set-circulation-strikes-1795-1929/album/344192
CBH Set https://www.pcgs.com/setregistry/everyman-collections/everyman-half-dollars/everyman-capped-bust-half-dollars-1807-1839/album/345572