Gentle Friends,
I have been closely following this discussion and I have been considering the question for days. For me, the question is not "Is the economy hurting my collecting choices." Rather, the question is, "how is the economy impacting my collecting behavior." In short, the economy is having a definite effect, but I am not certain this effect can be described as hurting my choices.
The economy has influenced by collecting activities as follows:
1.) As others have stated, the economy has created conditions that have made me become more deliberate in my choices. As many of you know, I embrace diversity within my collection. However, I am now almost exclusively (though not entirely) limiting my acquisitions to the following three eras/events: 1) The Delhi Durbars, 2) Monarch Regalia Samurai, and 3) the K&C Ancient Egyptians.
2.) I have become more price conscious. I spend a bit more time exploring eBay for my acquisitions and I tend to bid less in the hope of spending less of my resources.
3.) The climbing prices of our beloved products has made me spend more time considering any given potential purchase.
4.) I am more alert to "unexpected opportunities" than in the past. For example, if I suddenly have an opportunity to purchase a desired, but difficult to find, item, I tend to do so quickly while the opportunity exists for the acquisition. However, taking advantage of these infrequent opportunities reduces my purchases from established dealers.
5.) Since I am retired, I have been watching my retirement resources shrink due to the economy. The reduction in these resources has slowed the rate at which I make purchases.
However,...
I am still very actively collecting and I am very excited about the items I have been able to add to my collection. The rate at which I have added figures has been reduced, but my excitement and pleasure continues to remain high.
Warmest personal regards,
Pat :smile2: