Do you think most coins that come to the market

Nickelchaser

are from collectors upgrading their collections and selling off lower grade coins?

keets

hey Nickelchaser

my sense is that fresh material comes about in one of three different ways------stuff that has just been overlooked like rolls that get searched by someone, an older collection that gets liquidated by heirs, and collections that have been sitting idle for some time from people who need cash or just lose interest. whichever way it is, i really don't think much is ever "discovered" in the true sense, somebody just finds it again and if collectors are lucky it's made available to our grubby little fingers.

al h.

michael

i think it runs the gamit from upgrades to heirs selling coins to just about everything inbetween that is waht makes a great market buying and selling!!!
most average coins sometimes great coins the problem is getting first shot at the great coins

sincerely michael

NoviceKris

Interesting question.

A lot of the stuff on the market must be from other collectors, from expert to extremely casual. It makes you wonder what percentage of the total sum of collectible coins are lost to entropy, coins that fall out of collections, getting forever lost in the void. Logically, over decades, coins flow into and out of collections but there must be some that fall out along the way. Eventually making every coin increasingly rare, though it may take a very long period of time.

Also begs the question, how long before slabbed coins outnumber raw coins. While slabbing is relatively new, what will be the effect of slabbing on the hobby two hundred years from now? Any thoughts?

JMHO

Kris

roadrunner

At some point in time the grading we see on slabs today will be all redone. Computer grading, whether 10, 20 or 50 years away will eventually track a coin and grade it like a fingerprint. The Technology will eventually arrive....and PCGS/NGC grading will cease to exist as we currently know it.

roadrunner

heavycopper

I know some people that after completing a series will sell it. Nothing is wrong with the coins. They just feel the search is over and want to move on. For me, I sell coins after I make an upgrade or if I don't really want the coin anymore and want the cash. That is one thing I love about this hobby. I can sell them and get money back or even make money. When I buy a new computer, 5 years later it is worthless. When I buy a nice coin, usually I can't get my money back in 5 years later.