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I wonder what would happen if the average collector just stopped buying and selling

BearBear Posts: 18,953 ✭✭✭
in U.S. Coin Forum
Just stopped buying and selling for a few months.
Are we significant, or just a sort of a Royal Pain in
the A$$?
There once was a place called
Camelotimage

Comments

  • tahoe98tahoe98 Posts: 11,388 ✭✭✭

    ....it would be the day the earth stood still! image
    "government is not reason, it is not eloquence-it is a force! like fire, it is a dangerous servant and a fearful master; never for a moment should it be left to irresponsible action." George Washington
  • ConstantineConstantine Posts: 2,369 ✭✭✭
    I think the little guy (myself included) have paid the bills for many dealers due to volume. PITA at times? Maybe.
  • 1Mike11Mike1 Posts: 4,427 ✭✭✭✭✭
    Ebay shares would fall
    Chinese counterfeiters would starve
    Gold and silver prices would flatline
    Rediscover old friends like your spouse and kids
    "May the silver waves that bear you heavenward be filled with love’s whisperings"

    "A dog breaks your heart only one time and that is when they pass on". Unknown
  • bidaskbidask Posts: 14,040 ✭✭✭✭✭


    << <i>Just stopped buying and selling for a few months.
    Are we significant, or just a sort of a Royal Pain in
    the A$$? >>

    Wholesaling among dealers would continue at fantasy prices.
    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.




  • 291fifth291fifth Posts: 24,715 ✭✭✭✭✭
    Since most business seems to be dealer to dealer I doubt if collectors would even be missed.image
    All glory is fleeting.
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,629 ✭✭✭✭✭
    A "bear market" for collectors tends to drive the bull(yawn) market for speculators but that's for another forum.

    I wonder what would happen if generosity overtook greed ?

    I could ponder all day long.

    In the meantime, I purchased 120 Morgan & Peace dollars today.

    PM me if you want one for $25 shipped. They're going out the door...because WHAT IF image

    there was a VAM disguised in the spam ?

    ``https://ebay.us/m/KxolR5

  • BochimanBochiman Posts: 25,556 ✭✭✭✭✭


    << <i>Ebay shares would fall
    Chinese counterfeiters would starve
    Gold and silver prices would flatline
    Rediscover old friends like your spouse and kids >>



    Can't argue with that image

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

  • BaronVonBaughBaronVonBaugh Posts: 1,837 ✭✭✭✭
    If all the small guys quit buying and selling for the next six months, I believe the average local coin shop would be gone when they went back.
    1938-64_Jefferson_Nickel_Proofs
  • MrEurekaMrEureka Posts: 24,430 ✭✭✭✭✭
    I wonder what would happen if the average collector just stopped buying and selling

    The below average collectors would have a field day.
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • JustacommemanJustacommeman Posts: 22,852 ✭✭✭✭✭
    I thought they already have.......If the BST is any indicator that the average collector is on strike then look no further.................MJ
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • BearBear Posts: 18,953 ✭✭✭
    Well, if that's the case ,make mine a Sam Adams,ice cold.
    There once was a place called
    Camelotimage
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    If by average, you are referring to the price ranges (i.e. not super rare, expensive coins), then, if the hiatus were to last a year, most dealers would be out of business. Cheers, RickO
  • BillyKingsleyBillyKingsley Posts: 2,661 ✭✭✭✭
    I imagine the forum would be a decidedly boring place. Me? I'd be happy to be able to buy something every few months!
    Billy Kingsley ANA R-3146356 Cardboard History // Numismatic History
  • AnkurJAnkurJ Posts: 11,370 ✭✭✭✭
    Many small time dealers would be out of business. This could lead to much fewer dealers at shows, which in turn could lead to the show being shut down if not enough dealers buy tables. It could turn into a very vicious cycle that would hurt the coin industry greatly.
    All coins kept in bank vaults.
    PCGS Registries
    Box of 20
    SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
  • roadrunnerroadrunner Posts: 28,313 ✭✭✭✭✭
    I wonder what would happen if the average collector just stopped buying and selling

    This would mean that dealers would have to double up on their transactions with other dealers to make up for the lost collector volume. The "good" thing would be that prices would be forced to rise making the market all better again! image

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold

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