This is a very interesting topic and one I've had much discussion with other collectors and dealers on.....particularly at the last few shows I've attended. The problem, as I see it, with the Third Reich stuff is this; largely speaking, the collectors are all older, lets say 40 on up. Reason being is that we all grew up with WW2 movies in the theaters, Combat, Twelve O'Clock High, Hogans Heros, Rat Patrol, etc., etc. all over TV and when we played army in the neighborhood it was always the Germans versus the Americans. We also had fathers or family members who served in the war and had souvenirs which caught our interest. In other words, we have an early emotional attachment to this stuff. The Germans were the bad guys in the cool uniforms. The Darth Vader of our times. Now, fast forward to 2006. Most of the collectors in the above described age bracket are late in their careers and are thus in their peak earning years. This is creating a competition to pay whatever you can to get the desirable piece you want before the next guy gets a crack at it, thus driving the prices up year after year and now really accelerating the pace. The unfortunate result of this is that young collectors are now priced out of the market. Back in 1969 as a 12 year old I was buying tunics for $15 and collar patches for $5....affordable prices for a kid then. Mow a few lawns and you could buy a tunic. Now, I don't know of any 12 year olds in 2006 who get a couple grand for mowing three lawns The BAD thing for all of us older collectors is that in the coming years (and I believe it is already starting) many will be retiring and there is going to be a glut of stuff coming back on the market in hopes of the big pay off to help fund those trips around the world in the golden years. Others will die and the kids will be left in a position to try and unload it. Bottom line is this; who is coming up from below (age wise), in the numbers that are going to be required, to be buying it from us at our now inflated values? I'm not trying to be a pessimist here about militaria in general. I just think the Third Reich stuff is set up for another chapter of "The Rise and Fall of", if you know what I mean. And yes I've heard the argument again and again about how people in the sixties, seventies and eighties, etc. all complained of escalating prices and that it never stopped back then. Well, that argument is now getting as old as we are. Time for a serious pulse checking.