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 Replies: 32 / Views: 3,908 |
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Pillar of the Community
 3352 Posts |
Awesome, thanks just carl
=> so, I have packed-up all of my coins and all I need now is a shipping address (thank God there is somebody out there trying to do the right thing!) ... please dispose of these nasty coins before they drive me insane! (you're the man ... I owe ya one!)
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New Member
United States
37 Posts |
I'm fairly new to coin collecting. I think its worth noting that the effect of the internet should not be underestimated. I think it is safe to say that without it I would never have got into the hobby. I didn't know other collectors, never been to a show. Just happened saw an old, albeit valueless coin, got curious, went on line and the rest is history. In coin collecting knowledge is everything and the cost of gaining that knowledge, and sharing it, has dropped considerably.
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Pillar of the Community
United States
4870 Posts |
Sometimes I wonder why we collect round pieces of metal with a picture and a date on them... :)
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Bedrock of the Community
United States
20753 Posts |
Quote:
I'm fairly new to coin collecting. I think its worth noting that the effect of the internet should not be underestimated. I think it is safe to say that without it I would never have got into the hobby. I didn't know other collectors, never been to a show. You hit it right on the head. Why the same thing happened to all those people thousands of years ago that collected coins with a Ceasar or Pharoh on them. They just tured on the internet and saw all those great old Bronzed round things and said, I've got to get me osme of those.  Quote:
Sometimes I wonder why we collect round pieces of metal with a picture and a date on them... :) Why as I pointed out we all need to be reminded of what our old, long gone presidents looked like. So we run out and grab those to show everyone on Earth what they looked like. The only problem with that is just when did we have an Eagle for a president?  |
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Pillar of the Community
3352 Posts |
So, now that I have sent all of my coins to just carl, I need to find something a bit more sensible and worthwhile to collect ... hmmmm? ... rabbits? .... no, not rabbits ... beer bottles? ... eh, probably not ... ooowwwww, I know, I know => "bacon" ... mmmmm yes, bacon ... who doesn't like bacon, right?
I'll buy bacon at cost and then I'll heat-up the bacon until it looks and tastes really good, and then I'll sell the bacon at a profit (what could go wrong?)
=> BACON FOR SALE, GIT YOUR RED-HOT BACON OVER 'ERE!!
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Pillar of the Community
3352 Posts |
brutal ... 3 hour old bacon is "not" a good sign (I want my coins back)
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Pillar of the Community
United States
511 Posts |
Don't look down on the bullion investors, as some of them will find their way to numismatics. Like some of you, I use cash. No debit cards here.
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Bedrock of the Community
United States
20753 Posts |
Back to the original question. NO this hobby will be around for a long, long time. It already has and I see no reason for it to deminish at all. More and more coin shows are poppiing up. More and more coin stores are opening. More and more adds in magazines, TV, newspapers for coins than ever in the past. Our Mint is probably the only ones that may end up ruining much of it with their endless amount of new STUFF. Sort of like they did with Stamps.
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Pillar of the Community
United States
4870 Posts |
Who wants to buy bloated mint and proof sets and overpriced rolls? And I think the satin finish and the new package was the demise of the mint set.
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Pillar of the Community
3352 Posts |
Mmmph, whateva ... bacon haters!
Well, bacon or not, it seems that that the majority has spoken
=> "Things Look Fairly Okay For Us Collectors"
... so keep-on hoarding and/or collecting
=> Coin-On, My Friends!
Edited by stevex6
08/19/2011 10:30 pm
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Bedrock of the Community
United States
20753 Posts |
Hmmm this post made me start to look into that subject. For one thing I noticed is that there was not to long ago a coin show in a place called Rolling Meadows, Il. on the 4th sunday of every Month, Now gone.
There was a coin show every 1st Sunday at a place called Lemont, Il., and also now gone.
Peotone, Il. coin show now only every other Month.
A little scarry and makes me wonder if this is a trend coming.
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Valued Member
Canada
235 Posts |
I don't think the hobby will ever die, but it has definitely become less popular, it may become a real niche hobby in future years. But die out completely? I don't believe so. First off, many people are multi-generational collectors-dad or grandad collected so they do too. Secondly, the intrinsic value of coins and the metallic content means that most coins, even just old coppers ones, will have some kind of value, and therefore will be collected in some manner.
Stamps on the other hand......
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Pillar of the Community
Canada
1554 Posts |
 Just Carl, I agree with you, it's happening in my part of the Continent as well. (Eastern Canada) I feel the reason for coin shows and brick/mortar coin shops dieing off is simple>E-bay and Internet Auctions. I myself have never been to a coin store or show in years simply because when you are face to face with a dealer the price of Key date coins are 80% of trends. Whereas on E-bay and other Intenet Auctions I have acquired Rare coins for 40-60% trends. If E-bay was a country it would have the 4rth largest population in the world @ 135 million Members strong and growing by a million a year.! Just think what it will be like in 50 years? Glenn  |
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Pillar of the Community
United States
3184 Posts |
With bullion up, interest in coins will go up I think.
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Bedrock of the Community
United States
20753 Posts |
gienzy1, your probably right. Just like so many other items that have dropped in popularity. When actually not really dropping, just changing direction. As you mentioned the internet, ebay for example, makes it so easy to buy stuff. No driving to a store, no parking next to idiots that smash their doors into your car. No high gas prices for your car. And to have a store that only sells coins too could slowly fade since the internet is so much easier. Coin shows too are possibly mostly going to fade due to some of those situations. I don't think this hobby will ever fade as with the Beanie Babies but sure might take a dive if China keeps up with all the fakes. |
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Posted 08/18/2011 1:37 pm
