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Replies: 18 / Views: 3,168 |
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Pillar of the Community
Canada
2495 Posts |
There's a common thread to how one got started collecting.
Mine was, as a young boy of about 6, my Father every Friday night (circa 1965), would bring home the shop's 'money box', where loose change including very worn Vicky, Edward and KGV quarters and dimes would be found.
My older brother and I would grab a few, spend minutes, sometimes an hour or two trying to read the worn out dates and then off to the private collection, where I would grab the household's roll of scotch tape and tape those suckers in my looseleaf book.
I don't have that book anymore but my older brother still has his.
And for a quick laugh, when I was very young, I once had a Whitmann album KGVI collection of mostly circulated quality, but one day when I was without any funds (as my allowance had run out) and I was craving a few giant Jersey milk chocolate bars, I broke out those worn out quarters and went straight to our local Smoke shop and very happily spent my quarter collection on many candies and treats.
My brother still has a good laugh about that one.
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Valued Member
United States
467 Posts |
twoods and doubleeagle59- it does appear we all got started in much the same way.
twoods- that isn't a bad idea about a contest. I don't have a lot of canadian coins except a few olympic silver commemoratives my Mom gave me many years ago. I do have a good pile of tokens (mostly american) I could donate.
Edited by crazyglue 11/06/2016 1:56 pm
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Pillar of the Community
Norway
1358 Posts |
Well... compared to some flashy hobbies involving high tech stuff, coin collecting sounds quite dull, doesn't it?  I bet most sheeple rather get their hands on an iPhone than a gold coin. Apart from that, in order to even just get anywhere these days near completing what kind of set of whatever, you need money. Preferably a lot of it. It used to be the 'hobby of kings' and it still is, in a way. So there's a big chance that people won't get interested before they actually can afford to have this hobby, which is when they have a proper job, which probably isn't before they're 25 or so, if at all. For many years I just had to settle for what I could find from circulation and, when traveling abroad, for a local coin set as souvenir (I still do that). Not really the stuff you post for 'guess the price' or that raises a lot of questions, is it? It's only been in the last few years that I actually have the finances to get my hands on some expensive stuff. Anyway, I do believe that this might be two of the reasons why young people rather go for something else as a hobby: too expensive and just not as cool as some mainstream stuff.
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Pillar of the Community
Canada
849 Posts |
My father is in his eighties and still collects coins. I am one of five children and two of us collect. I have three adult children and one is really into it, another who dabbles in currency collection. The other not.
I wonder if there is a correlation between a child becoming a collector if a parent or close relative is. Maybe many young people are not interested because the parents were not either.
I think part of my early interest was from being in the Scout movement and needing a hobby to get my collectors badge. I don't see as many children in Girl Guides and Scouts as there used to be. There are more activities and pastimes out there to syphon off a child's time and money than in years gone by it seems to me.
I have a granddaughter almost six. I recently got her a blank album for nickels. She comes over about once a week and I give her a nickel every time she visits (I keep track of what years she is missing). Will she become a collector? I don't know. She does like to go with me to the bank to get rolls of coins to roll search since she knows they have a candy jar at the bank!
Edited by punman 11/06/2016 3:47 pm
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Pillar of the Community
United States
790 Posts |
Just going by who I saw in the recent coin show, I'd say most collectors in my area are white men forty and up. I did see a few children, but they were with their dad, who had a table at the show.
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Pillar of the Community
United States
790 Posts |
To be fair though, I was there on a weekday. Maybe the kiddos showed up on Saturday when school was out.
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Bedrock of the Community
United States
94367 Posts |
twslisa - Must agree, I'd say 70% of the usual crowd at my LCS are white males over the age of 40.
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Pillar of the Community
United States
3843 Posts |
A lot of antique & collectable segments are a lot worse off than coins. I go to a few estate auctions and the average age has to be 70+. Nobody wants their deceased relative's collection of Hummel figurines.
A lot of younger coin collectors these days never set foot into a coin shop or coin show so they are harder to see and count.
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Pillar of the Community
United States
4472 Posts |
Something that I have been considering for my granddaughter is buying her a Jefferson nickel album. The Jefferson nickel dates back from 1938 to 2003, but the coin is still in heavy circulation. I would buy the key dates as the starter coins, and the other coins she could find in circulation. Up front I would let her know that once the album is completed, I would like to buy it for $70.00 if she wanted to sell.
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Bedrock of the Community
United States
94367 Posts |
Joe2007 - You might be right about younger collectors. I know there are tons of them of this forum alone.
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Pillar of the Community
United States
3516 Posts |
Well here's where I come In,a young collector. A better known one in my area, at my LCS's costas coins and currency and morton grove coins, they know me from me coming in ALL the time and for being in two magazines I am well known.Someday I hope to be a Pro, and I am on instagram for coins, and a TON of kids are doing it on instagram. Some on this forum too. But Yeah! I want more of us in the hobby! I have been teaching my cousins and neighnors and some look promising!!
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Pillar of the Community
United States
4211 Posts |
Great job raising awareness Dustin. I have been going to coin shows for nearly 40 years and even back then in my 20's most customers / dealers were white men 40 and up. There is a lot to learn just to become an educated collector but especially a dealer today with more counterfeits showing up all over the place. The education you would need to be a successful dealer doesn't come in a few years unless you start VERY young. We have some promising YN's here in the forums that may make a great dealer before their hair turns gray 
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Pillar of the Community
United States
4333 Posts |
My daughter collected wheat cents and liked to fill albums. My boy started showing interest in metal detecting. Then along came the Iphone. All their other outside interests where lost.
When I listen to LED ZEPPELIN...so do my neighbors... Roll hunting since '77 Dirt fishing since '72
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Pillar of the Community
Norway
1358 Posts |
Quote: I wonder if there is a correlation between a child becoming a collector if a parent or close relative is. Good question! In my case it's not really true. My father was an economist, but with much more interest in banking and accounting principles, where my mother and her mother always had a raised interest in coins and currencies, but didn't do any collecting. One of my LCS's changed ownership from father to son a few years ago and currently the next generation is being trained to take over again. So I guess sometimes it just runs in the family. Quote: Nobody wants their deceased relative's collection of Hummel figurines. Nobody probably knows what Hummel figurines are anymore, let alone if they have any value. It seems to go with a lot of hobbies like that: figurine collecting is virtually dead here, stamp collecting is dead and buried here, most other collectible hobbies share the same fate: only coin collecting still is alive, somehow. However... one of my LCS's sometimes looks more like a weekly meeting center for the elderly than a shop, given how many retired there are on a given Thursday evening. It's just that most of my friends and relatives know that I am somehow a reincarnation from the stone age that they accept that I have 'elderly' hobbies, but a lot of people actually give me a strange look when they find out where my interests lie. Quote: I have been teaching my cousins and neighnors and some look promising!! Keep up the good work!
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Pillar of the Community
United States
790 Posts |
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