I am honored to be asked to conduct this conversation we will draw you into in a few minutes. I will ask each of the directors and the Deputy Director support an opening assessment of their agencies and i will follow up with a little bit of detail and we will go to some general discussion and turn to you. With our first public appearance by new fbi wray, and director i want to ask the simple as question. How is it going . Agency inerseeing an the news. What surprises you . What do you want to fix . At first, i would say i would love to be here when i still havent figured anything out. , am only a month into the job so hopefully i can answer as many questions as i can. It took 10 me, seconds of walking back in the fbi building to remember how much i missed it and how excited i was to be back in the fold. Walking around the building, meeting people, trying to meet with every division and get out in the field. It has been inspiring and it reminded me why i loved the place so much when i w
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Q. David Bowers: Cycles of the US Rare Coin Market 1900 to Date
Q. David Bowers for
When one thinks of boom and bust cycles, the word “investment” usually comes to mind. A broader view is to consider popularity. Various series wax and wane in demand, and different factors in the market can take precedence at different times. One of the great things about numismatics is that it seems that there is always something rising in value, even as prices and demand for other series may go down.
As one considers the booms and quiet periods of the coin market from the turn of the 20th century to the present, it becomes apparent that the strongest times reflected peaks in interest and enthusiasm of collectors. This is logical, of course. The more people seeking coins, the more dynamic the market will be.