In my opinion, fast rising inflation should NOT increase private & auction prices realized Indeed, inflation may result in lower or at least stagnant prices as collectors & dealers have less $ to spend.
HOWEVER, inflation will heavily impact flight
costs ( I’m paying already $100+ more this March to Balto than previous same trip ) driving costs ( both vehicles & fuel) , meals,
hotel rates, shipping costs, even bourse rates
so the hobby will be squeezed both ways - lower or stagnant prices in sales & auctions coupled with higher costs in doing business.
Comments
Not a buyer ahead of the market (paying high prices anticipating market run up).
I don’t think it is good for the hobby one bit. You may pay $50k for a coin and sell it for $$60k in a couple years but if the “real” value of $60k at the time of sale adjusted for inflation in still $50k you’re in a pickle. You made nothing in real value and now have to pay income taxes on $10k of capital gains.