Another "Road Show" Just Rolled Into Town.

Just show up and offer to buy coins from them at their buying price plus 10% of course!

I think these "road shows" illustrate why everyone should leave detailed collection disposal instructions with family members to prevent these vultures from profiting from uniformed widows or heirs.

Hey, I might just try all of these ideas.

But when I say I steer people away, I generally recommend that they check out this site or I give them the names of a couple of reputable dealers and tell them that if they must go then go prepared.

That's a great idea Barry. Maybe they would do a story and interview a local shop or collector too.

Hello and Help.
I am one of those fortunate coin collectors that inheirted my collection. But before I went to the "roadshow" I thought I would try and do some homework. It lend me here to this forum. I am looking for a reputable dealer in the vancouver area. mostly canadian coins but some others as well. Not sure that I want to sell, but would like to at the very least find the insurance value of everything. Could you help me. ? Thank you.

Thank you , Ugly,

No not Burnaby mountian, good luck with those tenants though. Again many thanks.

Well I hope this "Road Show" isn't taking anyone for a ride. I don't know how the "Road Shows" work or how unfair their dealings are so I won't comment.



Depends.

Are more people coming into the hobby than leaving? I know people who are selling off their parents old train collections for big bucks right now. The only buyers though are the older generation that are dying off in the first place. I am not into trains and don't know the market but it seems to be a dying hobby. Though if you were to cash in... now might be the time for that collectable.

If there are enough new collectors will they have the disposable income to buy expensive coins? I have heard disposable income is dropping for younger generations - I don't know how true this is.

Maybe it will be more affordable to collect NCLT's one day if your completist than circulation coins? Maybe the prices are already overvalued and it's a bubble? Maybe there is more goods and collectables other than coins than ever before and coins won't get noticed as much? Maybe credit cards (plastic) will dominate and kids will never touch coins and thus never get interested in the first place? Maybe kids will perceive coin collecting as something old people do and thus uncool? Maybe Canada will break up or join another country and no one will care about Canadian coins then? Maybe one old guy will own all the silver coins and have a monopoly on them?

Ultimately no one needs to collect coins... it is a hobby... if it is fun and affordable... people will do it... if not most won't... then the prices will crash... then maybe more people will start collecting again because it became more affordable all of a sudden.

I agree totally with the OP about these so-called "Roadshows" Hard to imagine anyone leaving one of these things after selling their coins and not feeling Iike they just got hosed. (Although granted, just being at one to sell coins kind of indicates a naive obliviousness I hate to say)

I also think that there's really good aside questions being asked in this topic...Are people getting into coin collecting for the intracasies of building and maintaining a nice collection? Or, are they merely interested in the buy low/sell high mentality of the value of coins.

I am a metal detectorist. I love it. And have been since the day I pulled my first silver coin from 9" deep. Something about where that coin had been in it's life really struck me. After that I just kind of branched out into coin collecting. And coin roll hunting.

I have a fairly simple collection at the moment, but I'm working on it, one coin at a time.