Will Coin Collecting Die Off? - Page 4

To participate in the forum you must log in or register.

Author	Replies: 49 / Views: 6,922	Page: of 4

yellow88 Pillar of the Community United States 581 Posts	Posted 03/31/2018 05:20 am It will evolve and expand, like it is doing now. Like it has since its infancy. Trends come and go. There is no distinct definition for "numismatics". This is not do directly to the interpretation and etymology of the word itself but because the field encompasses such a vast number of subjects. The field will only expand and grow due to its very nature. Much of numismatics does not involve anything physically tangible for example. Report this Post to the Staff
USSID18 Pillar of the Community 5464 Posts	Posted 03/31/2018 10:23 am Back to the original question. My guess is all who are reading this, have never experienced a great depression or have lived or were born in Burundi, Congo or Central African Republic. You don't see many collectors in those places. Only then will collecting die and you'll be selling or melting your collections for food money. Report this Post to the Staff
yellow88 Pillar of the Community United States 581 Posts	Posted 04/04/2018 6:22 pm USSID18 you made a very valid point. Well recognized circulated (junk) silver and world gold coins (10 francs, 20 francs & half/full sovs) would be perfect during the scenario you describe. So a person can collect these. Best of all they can do so buying them for about the price of the PM they contain. No need to melt numismatic "value" away and you can still enjoy just about all the aspects of collecting. I do slightly disagree in one regard and that is that I don't think collecting numismatic coins will die. It would be a "buyer's market" for numismatic coins. The numismatic coins would be leaving the country probably. History proves this out in most cases. Report this Post to the Staff
crusherjc Valued Member United States 139 Posts	Posted 04/05/2018 11:01 pm I think as long as cash is still being used, our hobby will continue to be healthy. but as is continues to turn into a cashless one, there will be less and less collectors. More and more people use credit cards, applepay and other methods instead of cash. People just don't carry and use cash like they use to. Thus, no change coming back to the customer to be searched through by them or their kids. That and their being to many other activities these days, its going to get harder to attract new collectors. Report this Post to the Staff
	Replies: 49 / Views: 6,922	Page: of 4

First Page

Previous Page Last 15 Replies

To participate in the forum you must log in or register.

All Forums Category: General Numismatic Forums Forum: Main Coin Forum

The First Dollar, your premier source for bullion and rare coins. See our bullion list on the site and the coin inventory on ebay.

Silver Gold Bull US is the United States leading bullion dealer. We deliver gold coins, gold bars, silver coins, silver bars and precious metals to your door. Order today!

View Last 100 New Topics

View Last 100 Active Topics

Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us | Advertise Here | Privacy Policy / Terms of Use

Coin Community Forum

It took 0.22 seconds to rattle this change.