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Re: The Decline of Coin Collecting
Same thing said by Copilot- This new world appears to have a growing demand for coins and a skyrocketing demand for moderns. The decline in the hobby ended in 1996 for demographic reasons and the acceptance of the state quarters. The new world is six months old. It will take years to form as the hum grows louder. Sure,… -
Re: The Decline of Coin Collecting
You're just assuming the new world is a continuation of the old one where a falling dollar caused by excessive debt creates an evaporation of wealth. But the new world built of silver and silicone will create massive efficiencies and wealth that will far outweigh the loss in value of what fails. In such an environment… -
Re: The Decline of Coin Collecting
I wouldn't necessarily equate "affluence" with broad- based disposable income. I mostly agree with what you're saying. But the percentage of potential collectors (of everything) is probably largely static. Disposable income turns them into actual collectors. Give one man $1 trillion and he may not buy a single coin. Give a…
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