I'll go one further. The proliferation of strikes in general has far exceeded demand. During the mid to late 1990's strikes stayed in play for more than in year in many cases. The Slot Machine, Dice, Blackjack, Craps, themes were in play at a host of casinos. Everyone wanted more and different issues. Over the past year or more issue after issue keep coming. It has become a finincial drain to keep up with all the ten dollar strike issues. As far as the $7 strikes are concerned there is a cadre of seasoned collectors that have them. The demand has fallen due to the limited amount of new collectors. Toss a bad economy into the mix and we are where we are.
I agree with Walt that collecting is for fun not speculation. Collectible markets are just too volitile.
One bright note is the falling prices have attracted new collectors. Many of the so called common $10 strikes are now selling at or over face value. Many were not selling for face value or even less. The long term health of a hobby depends on increasing the amount of collectors. It is a slow steady thing not a hysterical hoarding of strikes to try to short the market for rapid price inflation.
Tom
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