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Posted 07/02/2014 09:56 am
Quote:
There are lots and lots of younger collectors for the first time in decades. They aren't very visible yet because they don't go to shows and don't even go to the shops very often. But they do get more visible every year.
There are lots and lots of younger collectors for the first time in decades. They aren't very visible yet because they don't go to shows and don't even go to the shops very often. But they do get more visible every year.
That basically is what is happening. Remember that to get to almost all coin shows you need a car. Yes, may kids have cars but not many under 16. And if there is a coin store in the area, most people in them tend to scare off kids since they suspect they don't have money. And too, many kids under 20 just don't have money for coins. However, there is a massive amount of coin collectors under 20 and they mostly get their coins from change. Many go through their parents change every day. Some trade with other kids, neighbors, relatives so not noticable to the general public. And so many kids in their teens are out on weekends late so going to a coin show on a Sunday is sort of just out.
Unfortunately the lack of finding anything rare in change is more and more difficult today so we loose many young collectors. They start seeing less and less coins they need in change so they get unintersted and eventually their collections end up on a shelf.
Next at about 20 and up their is that interest in getting married, having kids, a new car, possibly a house, furniture, etc. so coins sort of take a real back door. That is why there is a missing age group from about 20 to 40 ish. Then now the kids are grown up so hobbies like coins can be resumed.
