On Mon, Nov 15, 2010 at 2:35 AM, Saul Ostrow <[email protected]> wrote:
> Actually its the opposite - more and more people speculate in the hopes of > buying cheap and selling dear - in the 80s this manifested itself in people > buying work from graduate students about to graduate > But hasn't art collecting become like coin collecting? (see recent article below): - Long <http://long/> ago, almost all collectors did so for the love of the hobby. They werent really that interested in how much money a coin was worth, but more in achieving completion of a set or the thrill of the hunt. Sadly, nowadays, it seems like everyone, including the younger dealers, are only interested in how much money a coin is worth. Although good for reassurance, certified coins have taken away a lot of the need for coin knowledge. Today, coins are mostly used as an investment vehicle. Unfortunately, the value of many coins has risen to a level where the average wage earner has been priced out of the market. http://honoluluweekly.com/qanda/2010/10/dollars-and-sense/
