I don't think there's a decline. Julia liquidated 4 or 5 very substantial collections last week. Prices were robust. People whine that there were no bargains.

The Class 3 crowd wrings their hand wondering the same. They have politics to worry them also. Julia auctioned a Colt 1921/28 overstamp last week for over $60k. It had some nice accessories, but that still is out of sight.

So don't be pessimistic. Buy today. It will cost more tomorrow.

Curl