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/

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