Regards To Your Coin Collection, What Is Your Greatest Fear?

Theft and fire for sure would ruin me

Without a doubt, I worry about theft the most followed by fire.

My greatest fear is:

=> when it comes time to liquify my coins (whether it be me, or someboy else), sadly the coins will no longer be valuable .... and actualy they'll be considered frivalous, rather than being considered valuable ...

=> yikes

Ooops ...

yes, you're correct biggfredd (the wine must have been kicking-in last night when I wrote that)

=> "liquidate" is the word I was grasping for ...

I'm sure that my coins wouldn't be worth too much if I decided to liquify them (I'm not quite ready to send them to the smelter, yet)



Oh => "Merry Christmas" from the stevex6 clan

I afraid that after I die some moron will dip them all.

My fear is that if I do pass the coins onto family, they may not remember/know the true value of the coins and get ripped off. If I do decide to pass on the coins, I will make sure to write in my will (in huge detail) the value of all my coins.

stevex touched on it a little bit, but my greatest fear is that the coin collecting hobby will become obsolete. I'm quite young so its very possible that my lifetime will see all forms of money eliminated in favor of high tech commerce of sorts. Some asian countries are already starting to move in that direction.

I fear if there is no more money as we know it, nobody will really care about coins and my valuable collection with thousands of hours of time spent will be worth very little. Coins will simply be a novelty...every Buffalo nickel might cost about a dollar (adjusted for future inflation) because that's what "they used way back when." No key dates, no collections, just individual novelties.

I don't fear fire because what are the chances, I don't fear theft because what are the chances again.....what I fear described above has a good chance of happening IMO.

That was pretty funny actually.

The difference is that people still use modern coins. If the whole concept of a coin were to disappear I fear all values would plummet. Just think of how many new coin collectors are going to pop up when they never even saw one ever used.

Stamps are a few decades ahead of coins. Stamps are on the way out as far as postage goes. There are practically no stamp collectors outside of retirement age folk. People always say, a things value is nothing more than what people will pay for it. Try finding somebody 30 years from now to buy stamps off you. A family friend of mine just 10 years younger than me didn't even know what part of the envelope to put the stamp on. All new generations won't even be using them and certainly will not want to join the hobby, except for a handful who will buy a stamp as a novelty. The values will plummet. They may have already, how should I know, I barely grew up with stamps and don't care about them.

I say stamps are 30 years away from being nearly valueless ....coins will probably be 60 years away form being nearly valueless. I expect to be alive for another 60 years so that is my biggest fear.