If you will bear with a personal story....
I was eleven in 1979. I had a paper route and saved up some money that I wanted to put into my stamp collection. As I recall, a local dealer had a US #1 for sale for $77.00. I pleaded with my dad to let me buy it. In front of the dealer I said "but Dad it will cost more later" the dealer laughed and said "Pop, the kid is learning young!"
My guess is that hard assets (including collectibles) will do fine through a bout of inflation. In a bout of hyperinflation - who knows - assuming the rule of law doesn't disappear!
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