I have heard this the last 40 years - no newer folks coming into the hobby.
The truth is that many folks don't have the desire, time or money to get full bore into the hobby until they reach 40-50 yrs of age. So, most collectors are older.
I have seen an amazing amount of collections of dead or getting old collectors come up for sale the last 3-5 yrs, but again, this is likely not that uncommon.
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