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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Jim Willie CB who wrote (52398)5/30/2002 11:11:59 PM
From: habitrail  Read Replies (1) of 65232
 
Thanks for info. Very helpful. But one thing that I don't understand is the higher beta for the coins? Is that "collector value" related?

I would figure that collector value or that kind of thing would be a force toward limiting the size of the market since I'm assuming only a limited set of people from the set of silver acquirers would also "buy in" to the added collector value premium. This would tend to compress the beta as the price increased - a kind of market saturation.

BTW, I am not trying to deprecate the idea of collector value since I assume the same forces must be at work in other investments as well.
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