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Replies: 23 / Views: 2,786 |
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Valued Member
United States
470 Posts |
I get one of my paychecks cashed every other month in coins. So yeah, I hoard everything :)
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Valued Member
United States
414 Posts |
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Pillar of the Community
United States
560 Posts |
Yep, I'm ready for a healtheir diet! And, I've always wanted to learn Chinese; she doesn't speak English. I hoard many other things, too. Is that a trait of coin collectors?
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Valued Member
United States
414 Posts |
Chinese is not to difficult to learn. I know it when I was 2. The English is my problem. 
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Bedrock of the Community
United States
20753 Posts |
I've made this statement many times now. People that hoard just anyh old coins are wasting their time. I too once hoarded quarters and mostly those stupid Bicentennial ones. After man years I found they were worth a quarter each so to the bank with thosands of dollars that could have been accumulating interest. But that is not what is in the future. I predict that in the near future coins and most currency will vanish from the face of the planet. As coutries continue to do trading at an ever faster pace the monetary system of the world will have to be united. Europe is starting but that is only the beginning. Electronic monitary systems will be the only way of the future. Machines will automatically convert any price anywhere on Earth and items will be bought and sold electronically. The monitary system, your coins, will be in museums. Hoarding them will be useless since coin collecting will slowly subside due to no new issues of coins. This may sound like a far, far distant future but look around now. Gas stations, grocery stores, general stores, hotels, motels, etc all are going electronic. You can't even rent a car without a piece of plastic. Even now many people do not carry money so what do you think the future will hold for our coins?
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Valued Member
 United States
270 Posts |
Well there you go, it is not increasing metals prices, but electronic funds transfers that will ultimately, and within a short time, not only eliminate coins themselves but completely obliterate the coin collecting hobby as a whole. Yow!
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Valued Member
United States
346 Posts |
just carl I really hope your wrong lol that would suck but coins wont dissappear because not everyone collects new issues the older ones are real hott and they wont just dissappear...
i personally hoard silver. cant afford gold lol. I think if you hoard enough pennies tho you will definitely come out on top.
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New Member
United States
47 Posts |
here is something funny: if you dont think these copper pennies have a market yet, check ebay, people are actually buying these pennies for more than face value! I havent seen any crazy prices yet...
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Replies: 23 / Views: 2,786 |