I only happened to be the first as I loved the look of big gold coins against the black background of the NGC 1.0 slab which the Capital holders started first. The collectors seeking these slabs range in age from their 30's 40's 50's and 60's. Yet the pricing has zoomed upward steadily over the past 30 plus years. Yet the black NGCslab set I have put together also has lesser intrinsic value. To test that theory has currency and stamp collecting also benefited to a lesser extent as currency and stamps has minimal intrinsic value? That personified inflation better than any one else.īut the coin collecting hobby has benefited from a return to the stay-at-home activity as well as a return to collecting items with intrinsic value. She then threw the package into her cart feeling helpless. The scene showed Mary Tyler Moore at a supermarket and picking up a package of meat and looked horrified at the price. When the Mary Tyler Moore show aired on TV years ago, the opening introduction was very illustrative on how inflation affected consumers in a very obvious way. There's lots of money sloshing around and rare coins, as well as other collectibles, have benefited greatly from that. The increase isn't just in higher grade rare coins, either. If the price increases in rare coins are due to "old age", why was the market so lackluster for years, prior to COVID? There were plenty of old collectors around back then, too. I do wonder what will become of this new high price structure when the current older collector generation passes away?. I’m 78, still healthy, but I know I’m bidding & paying much higher prices than I should, feeling this may be my last chance. 7 Reviews Sell to Us Price: 20.03 per 1 face value. If they don’t acquire, in desperation, the coins or medals they want / need now, there might not be another chance. Yes, the great majority of higher income collectors pursuing high grade coins are in their 60’s and higher & feel time closing in on them. Reputable coin dealers, Coin Auctions, eBay, and Price Guides are great. I attribute numismatic price increases to “old age”. There are numerous sources of information to help you determine the value of your coins. ![]() Inflation of car values, meat, gas, virtually every consumable product has nothing to do w rare coin or collectible values ![]() May be tied to inflationary pressures.but I don’t think so. The rapid rise in higher grade rare coin valuesĪnd other collectibles ( comics, baseball, etc)
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