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 Replies: 33 / Views: 5,119 |
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Bedrock of the Community
United States
10045 Posts |
Quote:
$300 earphones for their ipads  I was in that phase for a while....until I realized that $300 is basically lost money. But, when I buy a coin, I can usually resell it to get another.  |
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Pillar of the Community
United States
1817 Posts |
I think the hobby was much more in decline in the late 80's and 90's with the price spike in 'investment' grade coins drove a lot of newbies, existing collectors, and people just thinking about buying coins away from the hobby. The premature death of the hobby has been predicted for years, was not true then, and definitely not true now. You can thank the resurgence of younger collectors to the 50 State Quarter program. |
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Bedrock of the Community
United States
20753 Posts |
I suspect coin collecting is sort of on the same system as Stamps, Guns, Knives, Swords, etc. Yes there are some younger individuals interested in those but most younger people have faster, later hours, more dangerous types of things to do. Most hobbies that don't have action for younger people just doesn't make the grade. Then as those same younger people become older, can't dance as much, have had illnesses that stop them drinking booze all the time, and all the things more interesting than coins, they too become the older people you see at coin shows. Of course there are always the exceptions to either elderly and/or younger people. Lots of older people still like bars, taverns, dancing, drinking booze, but the amount just fades into what some call adulthood. Younger people without a family to support, without house payments, family insurances, etc. have much better things to do than collecting anything as a hobby. You see mostly older men, some women, some kids at coin shows but it's the older men that are the majority. The thing to remember is many of those older men were at one time younger men too. |
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Bedrock of the Community
United States
17884 Posts |
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
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Valued Member
United States
382 Posts |
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
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New Member
United States
16 Posts |
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.
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Valued Member
United States
214 Posts |
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.
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Pillar of the Community
Canada
1731 Posts |
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Valued Member
United States
209 Posts |
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
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Pillar of the Community
United States
4846 Posts |
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Valued Member
United States
209 Posts |
nice man, why do you collect?
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Pillar of the Community
United States
4846 Posts |
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
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Valued Member
United States
209 Posts |
hey thats cool! I have one error penny, a 1987 ms60 somethin off center pretty cool
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Pillar of the Community
United States
4846 Posts |
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.
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Valued Member
 United States
58 Posts |
Glad to see all the responses to my thread its encouraging to see all the opinions. |
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Replies: 33 / Views: 5,119 |
First Page
Posted 11/09/2011 9:58 pm
