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Is Coin Collecting Dead

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Bedrock of the Community
United States
20753 Posts
 Posted 05/07/2016  08:13 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
You have to remember that your polling coin collectors. What you really should do is find a way to poll the average person. Polling coin collectors is sort of like asking people at a Zoo if they like animals.
Valued Member
Potsdam's Avatar
Germany
303 Posts
 Posted 05/07/2016  09:01 am  Show Profile   Bookmark this reply Add Potsdam to your friends list Get a Link to this Reply
26 now and started at about 8 years or so... Still, in coin shows I seem to be one of the youngest visitors and therefore always got the feeling the older people suspect me of wanting to steal something because young collectors are somewhat unusual here in Germany.
Pillar of the Community
eaglefoot's Avatar
United States
6326 Posts
 Posted 05/07/2016  1:29 pm  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply
Coin collecting will never be dead....impossible really.
Look how many MILLIONS of new collectors the State Quarters program brought in....and even the ATB Quarters nowadays.
Whether WE like the new coins and designs or not...it brings in new folks constantly.
Coin collecting has existed for a few thousand years now, it's not going anywhere.
The US Mints online ordering service is more lucrative, accessible, and popular than ever....as well as the Australian Mint, Canadian Mint, Britain, etc...they sell ALOT of material!
Highs and lows ? ....of course. But "dead or dying" ? ..no and impossible, imo.

Started as a kid off and on, influenced by my Grandpa, dad, and Uncles. Last 20-25 years, much more focused and obsessive, but have a shoe-string budget for it now...
Edited by eaglefoot
05/07/2016 1:37 pm
Pillar of the Community
UltraRant's Avatar
Norway
1358 Posts
 Posted 05/07/2016  1:57 pm  Show Profile   Bookmark this reply Add UltraRant to your friends list Get a Link to this Reply
I've been collecting coins and I have been interested in money for as long as I can remember, it's more that my wife pushed me to take it to a more advanced level a few months back. :)
I can imagine that it's just not as mainstream as Xbox nowadays, but it doesn't matter: as long as there's physical currency around, people will become interested. As long as we stay very open and inclusive to new members, coin collecting as a hobby will remain alive. The only thing I really wonder about: I haven't met any female coin collectors at all. Are there any out there? Or is this also one of those typically male hobbies?
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Half's Avatar
United States
606 Posts
 Posted 05/07/2016  4:30 pm  Show Profile   Bookmark this reply Add Half to your friends list Get a Link to this Reply
Been collecting on and off since my early teens.

My teenager is somewhat into it. She like to help me sort coins when we CRH together trying to fill our euro and Washington quarter folders as well as participating in the ANA coins for A's program.

We are also plotting the best way to get some Sacagawea's to fill our Dansco 7183.

She is also into silver and proofs. lol
Bedrock of the Community
Coinfrog's Avatar
United States
94367 Posts
 Posted 05/07/2016  5:15 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Coin collecting is stronger than ever - just look at auction results and participation. The hobby admittedly does not APPEAR as widespread as it once did since there are far fewer LCSs today and the print media are mostly aimed at less-experienced collectors. Internet dealer websites and on-line/live-link auctions now dominate the flow of money and information within the hobby - and indeed the action here is humming.
Pillar of the Community
Debrajc's Avatar
United States
4211 Posts
 Posted 05/07/2016  6:32 pm  Show Profile   Bookmark this reply Add Debrajc to your friends list Get a Link to this Reply
The hobby is far from "dead".

I can remember hearing that the "hobby" was dying off in the early 90's. When I would go to coin shows almost all the dealers had gray hair as well as most customers. It still looks very much alive now...that my hair is gray as well.
Edited by Debrajc
05/07/2016 6:38 pm
Bedrock of the Community
sel_69l's Avatar
Australia
21788 Posts
 Posted 05/07/2016  6:40 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Coin collecting may be loosing of it's 'steam', with less current investment upside, but
numismatics is far from dying.
It's just that the prospective value is much less of a motivation, when acquiring each new piece.

The collection and study of other than modern coins (pre 1800), requires a more mature approach to numismatics. I think that is a safe bet that the numbers of those intererested pre 1800 coins, although has not grown much, certainly has not declined.
Edited by sel_69l
05/07/2016 10:42 pm
Pillar of the Community
TypeCoin971793's Avatar
United States
6370 Posts
 Posted 05/07/2016  10:46 pm  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list Get a Link to this Reply
When I went to the ANA Summer Seminar last summer, one of the most surprising things was the amount of young (<30) people there. I was expecting a whole bunch of old fat folks (no offense meant to anybody), and I was met by a completely different demographic.
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Lucky Cuss's Avatar
United States
4883 Posts
 Posted 05/08/2016  09:33 am  Show Profile   Bookmark this reply Add Lucky Cuss to your friends list Get a Link to this Reply
One of the phrases you hear from time to time to promote coin collecting is that it's "history in your hand".

Sadly, many younger folks today are totally disinterested in history. If you ask them why, they'll generally tell you it's "boring" and "irrelevant".

I'm not even talking here about just ancient or medieval history. I was fascinated by some recent "on the street" interviews conducted on a college campus. Among those whose pictures were mostly not recognized were Marilyn Monroe, Frank Sinatra, Ronald Reagan, and Jimmy Carter. Maybe it's the 20th century that's already dead.
Colligo ergo sum
Edited by Lucky Cuss
05/08/2016 7:38 pm
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UltraRant's Avatar
Norway
1358 Posts
 Posted 05/09/2016  03:47 am  Show Profile   Bookmark this reply Add UltraRant to your friends list Get a Link to this Reply
Well, maybe if they made a new series of quarters with American cornerstone celebs when they're finished with Beautiful America... Or no, you probably just get replies like "Hey, that's the b*tch from the quarters!"
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jbuck's Avatar
United States
189767 Posts
 Posted 05/09/2016  11:55 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Became interested at eight, really started to take it more seriously at 10, now I am 46.
Bedrock of the Community
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CelticKnot's Avatar
United States
12857 Posts
 Posted 05/09/2016  11:59 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
Started when I was a kid, took a few years off, regained, lost, regained interest. Really got back into it about 10 years ago.
Pillar of the Community
Steele's Avatar
United States
1119 Posts
 Posted 05/09/2016  5:50 pm  Show Profile   Bookmark this reply Add Steele to your friends list Get a Link to this Reply
I have been collecting coins for longer than I can remember. I am 40 now and I can remember when was 6 or 7 putting a bunch of coins in a baby food jar and burying them in the backyard for someone to find in the future.
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Wizzy1's Avatar
United States
430 Posts
 Posted 05/09/2016  10:26 pm  Show Profile   Bookmark this reply Add Wizzy1 to your friends list Get a Link to this Reply
I hope it's not dead. I started 2 yrs. ago at age 54
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