What Is Future Of Coin Collecting ?

I don't think the hobby will die any time soon, for a few reasons.

Although Canadian coin is unique to Canada, coin collecting certainly is not. Our hobbies tend to mirror that of other counties, particularly the U.S. which also manufactures much of our supplies. Do Americans see an end to the hobby in their country, I think not.

Because the use of currency still exists especially by young children, even if it were to cease tomorrow, there's still memories until that youngest generation grows old.

Perhaps future changes to our coins might also inspire folks? Did I hear the reverse of coinage is to be redesigned in the near future? I think whenever there are major changes, people tend to save the previous version, thinking it might be worth something someday. Who knows, but that's actually the beginning stages of a coin collector. Likewise if the queen passed the throne over, QE11 coins would also become unique. Some collectors become interested by beginning and end points. Complete a collection of one type, it's only natural to begin the next.

Aside from the need to be wary of ebay and online auctions, I believe the number of collectors has and will continue to increase due to the convenience of online purchase. It certainly was responsible for the increased size of my personal collection (or coin hoard, is what I've began to refer to it as!). Joking aside though, for me it's more enjoyable to search, conduct research on my own, buy or bid and wait for the package to arrive in the mailbox than to seek out coin stores (which in my area mainly thrive by advertising on their front window "We buy bullion, gold, silver, jewellery!)

Almost all my stuff is in slabs. With ICCS in particular being so cheap, there's really no reason not to have your stuff graded (and authenticated) if it's worth a bit.

If the coin market craters, I'll keep buying right until they are worth nothing. It's not about money for me, it's about history and how that history ties into the country/world. As a result, I don't really care what the market does. If anything, I hope it dips a bit more so I can grab some more key date stuff at a decent discount from Trends.

I wouldn't say I'm into coin collecting to buy and sell, and make profit. I'm in it for the history of the pieces, the conservation of old, high grade coins and just plain enjoyment of having completed a set.

I am a rather young collector, and I have met a couple of collectors younger as well (that are on the forum) and I think coin collecting will remain the same in the future.

Slabbing everything is not something I think i'll be doing, but I would slab all the pieces I would like to keep in good shape and display nicely.

That being said, if I do find a piece I am not very interested in but believe I could flip for a profit, I would do it. It would have me use the money towards something I do need in my collection.

Just my opinion

Hey everyone on cc ! ive been collecting strong now for a year and a half and have grown my denomination sets. I need only 8 more small cents to complete my Canadian small cent set-> which includes most mint marks and varieties. I enjoy collecting coins not only because it's fun and a great hobby to gain knowledge of Canadian history, but also I like to enjoy and see that I have a piece of history. oldest coin- Russian 2 kopecks 1813

I'm 34 and been collecting for the last 8 years, I haven't gotten into slabbed coins particularly because they cost more. I still have to take the Wheat penny out of the take a penny tray at gas stations when I see them.

I got into this racket when I was 4 or 5 , I was hiking with my parents and found a 40's silver quarter, and have always thought about how many could be hiding under floor boards of old saloons, I love spending hours hanging out in a coin store, looking for that one special piece I dont have yet, I don't mind dropping a spare couple thousand for the right piece. Ive told some of my close friends I collect coins the reaction is always the same "oh neat"
When I show them high grade teens .50 they are not impressed by the high detail, or the fact they are worth thousands of Dollars. more of a reaction of "you paid how much?!?!"
I don't often sell, nothing that actually has value to my true passion 02-10 .25
I don't hear or see young people buying high grade coins, or spending a whole pay cheque on a 2,000.00 .25 piece, I guess we are out there since I'm only 35
but I think I'm like a 1880's Red Cent few and far between .
I don't Collect because some day Ill make a few bucks, I collect because when I open my vault I can get lost for hours.

I agree that people might lose interest once they get rid of physical money. However, the Canadian mint likes to put out a lot of collectibles made of silver and gold. Is it possible that people would keep collecting silver rounds or other types of tokens?

I look in most coin shops and note what is on display, and compare that to 50 years ago.

THEN:
1. There was no new NCLT mint product on display or to be bought.
2. There were few, if any books on World coins, the notable exceptions being Friedberg and Yeomans
3. It was some time into the future that Mints around the World would see the large commercial opportunity to make new NCLT for the collector market.
4. The then current modern coin price guide catalogs were fairly modest in size and the rarer and slightly 'off the beaten path' coins, such as fractional gold, was only rarely published, this information only found in museum publications.
5. Bullion coins consisted of common date U.S. gold, and sovereigns.
6. Ancient coinage numismatics was supported by good research, but the information for these was only found in public libraries or museums. Such books could not be bought in coin shops, except by special order.

NOW:
1. New NCLT mint product in most coin shops makes up perhaps 80% of what is on display.
2. Krause World Coins covering the last four centuries is a great help to collectors of World coins.
3. Mints around the World now very strongly market their product potential collectors. A lot like this sort of modern product, most traditional numismatist collectors which are in a significant minority, show little interest in this material.
4. Information on U.S. fractional gold, patterns etc., is now much more easily found in modern numismatic publications.
5. Modern bullion coins are now easily available to this type of collector.
6. Good information on ancient coinages is now easier to obtain through a number of books published in the last 50 years, but the greatest advancement in this area of numismatics is in the development of electronic data bases.

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The development of coin forums such as the CCF has led to the dissemination of numismatic information, to the benefit of all who are interested in numismatics.