Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Join Thousands of Coin, Bullion, & Money Collectors Coin, Banknote and Medal Collectors's Online Mall Shop for APMEX Bullion on eBay!Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. 300,000 items to help build your collection! Specializing in Modern Numismatics Vancouvers #1 Coin and Paper Money Dealer








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Will Our Collections Stand The Test Of Time?

To participate in the forum you must log in or register.
Author Previous TopicReplies: 16 / Views: 3,279Next Topic
Page: of 2
Pillar of the Community
Joe2007's Avatar
United States
3843 Posts
 Posted 11/17/2015  6:40 pm Show Profile   Bookmark this topic Add Joe2007 to your friends list Get a Link to this Message Number of Subscribers
In 500 or 1000 years from today will items from our collections still be in existence? Every year collections are destroyed in large scale natural disasters, small scale calamities such as fires & flooded basements, improper storage conditions, and by careless heirs who either dispose of the collection as garbage or sell it to uninformed dealers who send off rare and valuable coins to refineries to be melted down. Some collectables such as currency degrade and become much more fragile over time and thus will likely not last, even in the most ideal conditions, for more than a few centuries.

Over time, even if an item is widely known to be collectable and have value, a subset of the population does not survive. How long will your coins and other numismatic items last once you have departed this world? Surely some of them will return onto the market and find their way into the hands of future collectors. Will our collectables be valued and preserved by future generations?

Your thoughts?

Thanks,
Joe2007
Pillar of the Community
OspreyCoins's Avatar
United States
932 Posts
 Posted 11/17/2015  6:46 pm  Show Profile   Bookmark this reply Add OspreyCoins to your friends list Get a Link to this Reply
There is still a chance see: ancient coins
Pillar of the Community
Joe2007's Avatar
United States
3843 Posts
 Posted 11/17/2015  6:47 pm  Show Profile   Bookmark this reply Add Joe2007 to your friends list Get a Link to this Reply
Will the information on this forum be preserved so a future collector, hundreds of years into the future, can trace the provenance of a 1976 Proof Ike dollar back to the massive Ike hoard accumulated by our own jbuck?

Thought that this would be a fun topic.

Regards,
Joe2007
Pillar of the Community
OspreyCoins's Avatar
United States
932 Posts
 Posted 11/17/2015  6:48 pm  Show Profile   Bookmark this reply Add OspreyCoins to your friends list Get a Link to this Reply
No idea, I hope so
New Member
mehguy's Avatar
Canada
36 Posts
 Posted 11/17/2015  6:53 pm  Show Profile   Bookmark this reply Add mehguy to your friends list Get a Link to this Reply
Very Interesting topic. Well coins have been able to last thousands of years as metioned by Osprey with ancient coins. Coins are pretty durable so I can see collections lasting in a large, metal vault located where natural disasters take place very rarely.

But then again, will all the knowledge we have now will be carried onto the people of the future? Who knows.
Edited by mehguy
11/17/2015 6:53 pm
Rest in Peace
T-BOP's Avatar
United States
18456 Posts
 Posted 11/17/2015  7:12 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply

Maybe , if we put our collections in a vault and bury it 2000 feet beneath the surface that will sustain a thermo nuclear explosion then yes our coins might survive. the problem then will be; nobody left on earth to appreciate them even if found.
just love and cherish your coin collections now ; for tomorrow may never come !
Moderator
Learn More...
jbuck's Avatar
United States
187950 Posts
 Posted 11/18/2015  11:27 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Will the information on this forum be preserved so a future collector, hundreds of years into the future, can trace the provenance of a 1976 Proof Ike dollar back to the massive Ike hoard accumulated by our own jbuck?
Well, of course, because there is going to be this shrine, see...
Pillar of the Community
Collects82's Avatar
United States
1316 Posts
 Posted 11/18/2015  11:36 am  Show Profile   Bookmark this reply Add Collects82 to your friends list Get a Link to this Reply
My collection stands very little chance. These coins are not interesting to my wife. And the kids hold no sentimental value for anything, everything is either a tool for something practical or junk to be tossed. My collection is truly just me enjoying my life now, I've realized it holds no meaning beyond me and the now.
Edited by Collects82
11/18/2015 11:37 am
Pillar of the Community
DavidUK's Avatar
United Kingdom
2624 Posts
 Posted 11/18/2015  12:11 pm  Show Profile   Bookmark this reply Add DavidUK to your friends list Get a Link to this Reply
Well firstly one would have to ask if humans will survive the next 500 years. It is a perilous time for we now have the means to destroy ourselves. If you said the chances were 0.25% per year of our destroying ourselves then that risk multiplied by 500 years is not an insignificant one.

Likewise the survival rate of coin collections, even if it is small; given the number of collections some will survive intact.

I think if I get really old maybe I could take my coins and bury them deep in a forrest. Protected in their plastic sleeves I could imagine them being discovered long from now. It is just a thought, probably not the best course of action for perhaps I will wish to see someone benefit from them more immediately.

I am not worried by the coins, the banknotes however I am more worried by. Water will not kill my coins, though fire would make a real mess of them (the plastic they are housed in would melt...it would be carnage.

If my house was on fire I would take my banknotes and my ancient coins, I live on a hill and my room is not at ground level so I don't think flooding is an issue but the thought of my notes getting wet is an ugly one.
Pillar of the Community
Finn235's Avatar
United States
6130 Posts
 Posted 11/18/2015  12:30 pm  Show Profile   Bookmark this reply Add Finn235 to your friends list Get a Link to this Reply
Gold coins have repeatedly been put into pots and buried with no additional protection, and 90% of the time they come out just fine, 100, 500, or 2,000 years later. Silver and bronze are pretty hardy, and could probably last 2,000-4,000 years in the right conditions.

As for the zinc and steel that we (the world as a whole) make our coins out of now? I highly doubt it. Just look at the average WWI-WWII coin made out of iron, steel, or zinc--most are ruined within a single human's life span. I don't think that even slabbing a MS-70 zincoln in a slab full of pure nitrogen would keep it from being a rotted, bubbly mess in 500 years.
Pillar of the Community
Coinfusion's Avatar
United States
500 Posts
 Posted 11/18/2015  12:41 pm  Show Profile   Bookmark this reply Add Coinfusion to your friends list Get a Link to this Reply
I don't know. I have always just planned to pass my collection to my grown son for him and his family to keep what they wanted to and sell / dispose of the rest. Him and his wife do not have any children yet but plan too in a couple of years so my hope is they hold on to some of it long enough to make a dent in the future education of the next generation of our family.
500 + years. If our human race doesn't by some miracle extinct ourselves, I wouldn't expect my collection to still be around.
And I am still not sure what the counterfeiters are going to do with our beloved hobby.
Valued Member
crazyglue's Avatar
United States
467 Posts
 Posted 11/18/2015  12:57 pm  Show Profile   Bookmark this reply Add crazyglue to your friends list Get a Link to this Reply
I like to think my collection will still be around...but broken up in lots of different places. That is one of the fun things of coin collecting is to think about the history of the coin.

So I have a complete LWC collection. I hope they all stand the test of time-- but I hope they somehow dispersed (my wife will disperse of them in one fells swoop once I'm dead, haha, I am talking after that)...and fall into the hands of LOTS of collectors. So they won't survive the test of time in tact, but they will survive the test of time individually all over the place.

Or at least I hope
Pillar of the Community
Demarco Bishopp's Avatar
United Kingdom
548 Posts
 Posted 11/18/2015  4:14 pm  Show Profile   Bookmark this reply Add Demarco Bishopp to your friends list Get a Link to this Reply
Unless I bury my coins I seriously doubt they will last 1,000 years. Best case scenario is that some of the less valuable ones survive as historical curiosities.

The gold and silver will probably get melted down at some point.
Bedrock of the Community
United States
20753 Posts
 Posted 11/18/2015  4:55 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
I intend to keep most of my collection in safe places regardless of Weather, wars, taxes, etc. However, if, for some reason my collection is not still intact in about 500 years, I'll let you know. Of course that would depend on if your still on this forum then.
Pillar of the Community
orfew's Avatar
Canada
1269 Posts
 Posted 11/25/2015  1:51 pm  Show Profile   Bookmark this reply Add orfew to your friends list Get a Link to this Reply
I collect ancient coins. Most of my coins are already around 2 thousand years old. I cannot see why the cannot last another 2 thousand years.
Moderator
Learn More...
Sap's Avatar
Australia
16810 Posts
 Posted 11/25/2015  8:04 pm  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
Your question has two parts, which have different answers. "Will they survive?" is primarily a question of chemistry and physics. "Will any survivors still be valued" is primarily a sociological question.

As for survivability, it does depend on what the coin is made of. Coins of high purity gold will survive indefinitely, until and unless someone melts them down, because gold does not corrode, melt or evaporate under normal Earth-surface conditions; it's been said that if the dinosaurs had made gold coins, we'd be able to dig them up and they'd still look as good as new. Silver is almost as good, though will corrode eventually. Other alloys generally do not hold up very well over time, though some are worse than others. Coins made from pieces of dissimilar metals, sich as clad or plated coins, are least likely to survive for long periods as such objects are particularly prone to corrosion.

There is, of course, a social aspect to survivability. We've all seen on the news the fanatics of ISIS systematically destroying the pre-Islamic history of Iraq and Syria, and there's no telling whether or not a similarly fanatical revisionist regime of the future might take a disliking to the existence of your coins. In the excellent Alex Benedict novels by sci-fi author Jack McDevitt, set 20,000 years in the future, a totalitarian government on Earth in the 26th century had attempted to eradicate all of history and only two coins from the pre-3000 era were known to have survived: a Roman sestertius of emperor Nero and an American quarter from the 1990s.

Which leads to the second part of the question: will people want them? Part of the attraction of coins today is that they're an ancient invention that we still actually use in much the same way as the ancients did: we use coins to buy things. If people of the future still have a concept of "coins" in their everyday experience (ie they use them as money), then coin collecting will still be popular and your coins will be in high demand. If, on the other hand, coins have become as obsolete as swords and olive oil lamps, then only a tiny minority of history buffs and antiquarians will appreciate them.

This also assumes that the people in that future era are sufficiently "civilized" to have an appreciation for history. Another Jack McDevitt book, "Eternity Road", is set in post-apocalyptic North America; in one passage, some travellers scavenge the ruins of a bank, noticing but ignoring the piles of coins made from a mysterious yet totally useless and worthless alloy.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
  Previous TopicReplies: 16 / Views: 3,279Next Topic
Page: of 2

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.47 seconds to rattle this change. Forums