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Numismatics: Perfect For Urban Dwellers In Expensive Real Estate Markets?

 
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Pillar of the Community
United States
3748 Posts
 Posted 02/21/2020  8:30 pm Show Profile   Bookmark this topic Add Joe2007 to your friends list Get a Link to this Message
In the U.S. it seems like more than ever most of the desirable employment opportunities and amenities that younger generations want are found in a few dozen large cities. As a result real estate in these markets is becoming very expensive and is causing many working and middle class individuals and families into smaller apartments, condos, and homes. In areas on the west coast it is not uncommon to see apartments occupied by several unrelated roommates due to unaffordable housing prices, cramming more people into smaller spaces. Micro apartments are also becoming popular with units often encompassing less than 300 square feet in space.

In these circumstances collecting becomes much harder and I would think smaller collectables such as coins and jewelry would become some of the only viable collections to have since they are usually fairly compact and can fit into a small safe or safety deposit box.

Your Thoughts?
Pillar of the Community
Learn More...
United States
7717 Posts
 Posted 02/21/2020  8:41 pm  Show Profile   Bookmark this reply Add pepactonius to your friends list Get a Link to this Reply
A Stamp collection can be even more compact.
Pillar of the Community
Canada
3283 Posts
 Posted 02/21/2020  9:06 pm  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
Your idea seems very logical. If people are collecting anything, small things seem to be the way to go. If I lived in downtown San Francisco I would certainly not be collecting cars.

Of course if you are sharing a place security is of considerable concern.
Bedrock of the Community
Australia
16639 Posts
 Posted 02/21/2020  10:57 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
You HAVE to be able to trust those who you cohabit with.
Otherwise, valuable collections of anything are not possible.
That includes coin collections.
Especially if there are illegal drug takers among you. Compact collections can be even more attractive to them,
because small items are more easily stolen, and not immediately missed.
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