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Oldies, But Goodies! Coin Collecting And Age!

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Author Previous TopicReplies: 29 / Views: 2,934Next Topic Page 2 of 2
Pillar of the Community
United States
4233 Posts
 Posted 04/10/2023  11:21 pm  Show Profile   Bookmark this reply Add kbbpll to your friends list
The age group breakdown is odd - nobody is under 20 years old? I started in my early teens, was quite active for a couple years in the high school coin club, dropped it, then started pursuing it again starting in my 50s. I suspect the same pattern might apply to many other collectors. Of course I was always pulling anything interesting out of change, and foreign coins when I traveled. I would consider it more of a rich person's hobby, which tends to correspond with older age. "Rich" from the standpoint that you have money to spend on hobbies instead of food and housing.
Pillar of the Community
United States
2470 Posts
 Posted 04/10/2023  11:47 pm  Show Profile   Bookmark this reply Add MrPink2018 to your friends list
I'm a lifelong coin enthusiast. I had my hands on coins before I was 10, started starting my own 'collections' at about 11 or 12.. it's been an on-and-off thing but I am still at it at 56..
Bedrock of the Community
Australia
21788 Posts
 Posted 04/11/2023  03:10 am  Show Profile   Bookmark this reply Add sel_69l to your friends list
I agree that serious coin collecting is an older person's hobby, but to make very good sense of it, experience and a good depth of background knowledge is a particular advantage.
That depth of knowledge comes with age.

The other advantage is that in most cases, older collectors have more discretionary disposable income.

BTW, I don't have a beard, and the top of my head is not like the dome on St Paul's cathedral !
But I am in the 66% group, and also like most, I started collecting in my 'teens.
Edited by sel_69l
04/11/2023 06:08 am
Pillar of the Community
United States
7276 Posts
 Posted 04/11/2023  07:33 am  Show Profile   Bookmark this reply Add hfjacinto to your friends list

Quote:
Coin Collector Age
Coin Collector Years Percentages
40+ years 66%
30-40 years 23%
20-30 years. 11%


This is a pretty bad measure using %.

The 20 to 40 and 30 to 40 are just a range of 10 years each (and 30 and 40 are counted twice), the 40+ covers 40-50 years.

A good measure would have have pre 19.
20-29
30-39
40-49
50-59
60-69
70-79
80+

That would have been a better measure. At 53 I don't consider myself old.
Edited by hfjacinto
04/11/2023 07:33 am
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United States
7940 Posts
 Posted 04/11/2023  09:48 am  Show Profile   Bookmark this reply Add tdziemia to your friends list
World coins was part of how I got hooked as a kid.
I loved geography, so being able to have coins from those far away places was a real trip.

Allowance money and then part-time job income as teenager would go pretty far when you could buy modern world coins at something like a quarter per coin from mail order coin dealers.

And, referring back to that other thread, I see the median age was 51. If that's a codger, I hate to think what I would be called at more than a decade past that.
Valued Member
United States
218 Posts
 Posted 04/11/2023  10:01 am  Show Profile   Bookmark this reply Add DiscoLover82 to your friends list
I got started when I was about 6 years old, looking through my dad's change jar. I'm in my early 20s now so I'm still much younger than most coin collectors. As a college student with little disposable income, most of my acquisitions have been circulation finds, with a limited amount of coin roll hunting in there. There was never a coin club at my high school, and there isn't one at my university either - but when I tell my friends about coin stuff, they at least seem to think it's somewhat interesting...
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United States
735 Posts
 Posted 04/11/2023  10:09 am  Show Profile   Bookmark this reply Add Jakes Coins to your friends list
No age bracket for us, pre-20 C'mon google atleast give us 1%
I've been collecting for a couple years... Favorite Coin's are Standing Liberty quarters, Working on my type set | Coffee, Corvettes, Coins & the CCF what could be better?
Edited by Jakes Coins
04/11/2023 10:10 am
Pillar of the Community
United States
3848 Posts
 Posted 04/11/2023  10:17 am  Show Profile   Bookmark this reply Add jacrispies to your friends list
I am 19, have been collecting for a few years, and likely going to stay active in the hobby to a degree my entire life.

Many people go through the phase of childhood interest, temporarily stopping with coins when raising a family and working a full time job, and getting back into coins in their 40's or 50's.
Suffering from bust half fever.
Want to learn how to attribute early half dollars by die variety? Click Here: http://goccf.com/t/434955
Shoot me a PM if you are looking to sell bust halves.
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United States
96112 Posts
 Posted 04/11/2023  10:49 am  Show Profile   Bookmark this reply Add Dearborn to your friends list

Quote:
At 53 I don't consider myself old.

but at 61 (almost) I do consider myself old(er) and I feel every year that was inflicted on me.
Pillar of the Community
United States
4233 Posts
 Posted 04/11/2023  11:12 pm  Show Profile   Bookmark this reply Add kbbpll to your friends list
By my reckoning 3 out of 20 unique responses to this thread are under 20. That's 15%. We need an accurate survey.
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Russian Federation
1557 Posts
 Posted 04/12/2023  12:09 am  Show Profile   Bookmark this reply Add Slerk to your friends list
I agree that numismatics is a hobby that requires a sufficient amount of money. Every year your requests grow and your interests expand. That's why you want more coins and no lower than VF/XF.
I am 22, I started collecting coins at the age of 14. Ie, I have been in this hobby for more than 8 years.
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 Posted 04/12/2023  12:16 am  Show Profile   Bookmark this reply Add Dearborn to your friends list

Quote:
That's why you want more coins and no lower than VF/XF

When searching out coins for my collection, my standards are a bit higher - I search out BU and proofs first, and if I cannot find the coin I need in that condition, I slowly lower my expatiations until I find the coin I want, knowing that I got it at the highest affordable grade.
Valued Member
United States
470 Posts
 Posted 04/12/2023  04:44 am  Show Profile   Bookmark this reply Add mestephil to your friends list
I started into this hobby when I was five and my Dad gave me some German coins from the war. Stopped when I was 24 when my collection was stolen. Now started again at 72 as I missed it. I'm sending little coin sets to all my grandchildren to see if anything sparks an interest (6 of them ages ranging from 2 to 27). I feel the hobby can be an enjoyable experience and distraction at any level, any age. I am having fun from seeking out more expensive coins (to me) that I just like, to the renewed excitement of going through change and a few rolls to see what pops up. Hoping I can get a grandkid's interest!
Valued Member
United States
345 Posts
 Posted 07/11/2023  02:39 am  Show Profile   Bookmark this reply Add TinyRetreat to your friends list
61 here ... just a theory, the coolest coins (my opinion) cost a bit more money and "older" people have more of it :)
Valued Member
United States
470 Posts
 Posted 07/11/2023  3:57 pm  Show Profile   Bookmark this reply Add mestephil to your friends list
I was an avid collect from age 5 until I was 24. Then my collection was stolen. So I went on a 50 year hiatus from coins and only collected stamps as nobdy steals stamps. Now after nearly 50 years I am back and loving it. Did not realize how much I missed it.

And yes, I overkill the organizing, cataloging and arranging the coins. The more complex the better!
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