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Is Coin Collecting Losing Interest?

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First Page Previous Page  Showing last 15 replies.
Author Previous TopicReplies: 33 / Views: 5,124Next Topic Page 3 of 3
Bedrock of the Community
United States
17884 Posts
 Posted 11/11/2011  12:42 am  Show Profile   Bookmark this reply Add Conder101 to your friends list
When I joined my first coin club in 1975 the average age of the membership was 55 years old. Thirty six years later most of the members that were there when I joined are now dead. The average age of the membership is 56 years old. I have two other local clubs that I have been a member of for over twenty years and they each had a similar average age and rise in average age over those twenty plus years. Most very young collectors are usually only active for a couple of years. but when they return to the hobby they tend to be active for 30 to 40 years. So you would EXPECT there to be 20 or more older collectors for every YN
Valued Member
United States
382 Posts
 Posted 11/11/2011  6:31 pm  Show Profile   Bookmark this reply Add tonphil1960 to your friends list
I think coin collecting is like alot of hobbies us who grew up in the 60's and 70's enjoyed. We often are interested in it in our teen years, move on to other things but go back to hobbies at a later date. I am also a scale military modeler, armor,ships, and the same goes true there. I think any lover of history would enjoy either of these hobbies, maybe not when they are kids at all maybe as kids then as adults. I hope that future generations carry on both if my hobbies, it doesn't look good but we can hope.

Tony
New Member
United States
16 Posts
 Posted 11/11/2011  9:55 pm  Show Profile   Bookmark this reply Add whitecollarman to your friends list
Starting in the early 1970's coins just got too expensive for young people. IF my son inherits my collection I doubt he will take the time to locate the best price for the collection.
Valued Member
United States
214 Posts
 Posted 11/11/2011  10:58 pm  Show Profile   Bookmark this reply Add jizer1 to your friends list
Im 22 and just got back into collecting coins. I think that it comes and goes with time. The main problem people my age have is a lack of disposable income. I would love a gold coin or three, but I can only afford a Morgan or two every now and then.
Pillar of the Community
Canada
1731 Posts
 Posted 11/11/2011  11:21 pm  Show Profile   Bookmark this reply Add coincollect1 to your friends list
I'm 13!
Valued Member
United States
209 Posts
 Posted 11/11/2011  11:40 pm  Show Profile   Bookmark this reply Add Caferacer311 to your friends list
Im 18 and collect, I've been collecting since I was 13...my dad had some old pennys and grandma bought me alot and every since I've been collecting, its a good hobby I have many but I look at this as an investment...but mostly I like the look and design off old coins
Pillar of the Community
United States
4846 Posts
 Posted 11/11/2011  11:43 pm  Show Profile   Bookmark this reply Add Adam_E to your friends list
I am also 13
Valued Member
United States
209 Posts
 Posted 11/11/2011  11:46 pm  Show Profile   Bookmark this reply Add Caferacer311 to your friends list
nice man, why do you collect?
Pillar of the Community
United States
4846 Posts
 Posted 11/11/2011  11:49 pm  Show Profile   Bookmark this reply Add Adam_E to your friends list
I've been here and there a lot, bu t I'm mostly known on here for collecting errors, I looooove error coins. I also like helping others with identifying what they have
Valued Member
United States
209 Posts
 Posted 11/12/2011  12:02 am  Show Profile   Bookmark this reply Add Caferacer311 to your friends list
hey thats cool! I have one error penny, a 1987 ms60 somethin off center pretty cool
Pillar of the Community
United States
4846 Posts
 Posted 11/12/2011  12:06 am  Show Profile   Bookmark this reply Add Adam_E to your friends list
The best error I've gotten was the one in my avatar, it's called a struck through rotated caped die, it got a lot of conversation, I ended up selling it for $200, the best part was that I found it roll searching.
Valued Member
United States
58 Posts
 Posted 11/12/2011  12:10 am  Show Profile   Bookmark this reply Add silversam to your friends list
Glad to see all the responses to my thread its encouraging to see all the opinions.
Valued Member
United States
421 Posts
 Posted 11/12/2011  12:26 pm  Show Profile   Bookmark this reply Add mariospaghetti to your friends list
I am 43 been collecting for more than 30 years. My fiance has 2 young girls age 7 and 5. I have begun to work with the 7 year old on coins. She is using coins at school to learn money counting. So she recognize certian coins already. The younger one just like to get money and put it in her piggy bank. I have been suprising them when they are good with different things. Like I got them each a $2.00 bill, Statehood Quarters and so on. I also like to go through their piggy banks to search for errors. Not all the money in there is from me. So they love playing and looking through my 10X loupe. I am thinking about handing it off to the older one once I get my 40X with led lights. Now my fiance doesn't understand that it is a hobby/investment/ sometimes short turn around money maker.
Valued Member
United States
209 Posts
 Posted 11/12/2011  12:57 pm  Show Profile   Bookmark this reply Add Caferacer311 to your friends list
coins have many uses, all will lead to greater value
Valued Member
United States
382 Posts
 Posted 11/13/2011  06:45 am  Show Profile   Bookmark this reply Add tonphil1960 to your friends list
Well it is great to see young people in the hobby, I may just stand corrected. Hope all you young guys and gals keep at it as it truly is a hobby for life.
Now for me just to get the funds to actually buy something ! Too many hobbies not enough time.

Tony
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