Hope you used some credential sources to help your argument.
I was reading your previously rant and I, too, don't see anyone bullying you. Having a different opinion on something isn't bullying. You asked COLLECTORS what they think about THEIR hobby, instead of asking the public what they think about coin collecting in general. Collectors, like most of us here, sided with the dealers because that is where we get our coins from and we know what they have to go through in order to stay in business. I am sure there was a lot of research conducted regarding coin collecting from both views, collectors and none-collectors. You could of used those sources and cited them accordingly.
Quote: My topic was coin collecting, if it's dead or dumb.
The use of the term "dumb" is inappropriate to describe coin collectors. A better topic would be (Is coin collecting dead or a poor investment?). Most seasoned coin collectors have a vast knowledge about the hobby and the history of coins. I collect coins for a connection to our past history. I recently purchased a circulated 1864 2 cents coin. This coin was minted during the civil war. I wondered if a civil war soldier may have carried the coin during battle.
I have questioned the financial aspects of the hobby and often wondered as a collector are we over paying for coins that we collect. There are a number of business not just dealers making a profit from the collector buying and selling of coins.
there goes the bullying again. anyways the stories are real I did took proof sets to coin dealers etc, they were my classmates coins. I did went to coin dealers trying to sell coins and saw some horror stories from collectors tryng to sell their collections. specially an older man upset his ms70 bullion coins not worth much etc. all those things happen I didnt made them up, I just pretended to be a coin collector. I must admit that doing this research I kind of got the coin colecting bug I guess. I kind of like the vintage coins, Morgan dollars, walking liberty halfs etc. and the shinny change called proof sets look cool. I might buy one of each of the vintage coins and maybe a proof set just to have as a souvenir of my school project. but I wont go all crazy and collect in bulk just one of each is enough. based on my research I know I wont get my money back if want to sell them later, its just stuff to keep because theres no resale market. this coins are rare and valuable when its on dealers hand , when its on collectors hands their worth face value not worth dealers time. but isn't everything like this, like when you go grocery shopping and spend $100 you wont get anything back in a week when you eat all the food, its gone no reselling the food lol. So yes ill buy the State Quarter proof sets just for fun and a couple of vintage coins.
Can you stop giving a bad name to collectors and dealers please...
I am sorry you had a bad experience with selling your coins to one, possibly two, dealers out of how many? Thousands? I went to a coin show last Sunday and took my common, modern coins with me in hopes of selling something. There were two dealers that were interested in what I had but they forgot their want list a those and asked me to bring my coins next time. They said that they are not interested in world coins, that doesn't mean that they are worthless though. I believe there are more people attending coin shows than coin stores, and there is always dealers looking to buy stuff from thousands of dollars worth to a couple of bucks. The dealer you encountered was not interested in the coins you were offering him, or had bad experience selling them before, and knew what he was offering you was fair on his part. If you didn't like his offer, you were free to go to the next coin shop and try again. I am sure if you were to post the coins on ebay, they would sell for much more than a dealer would offer you. But then again, if your coins don't sell you will blame ebay for bullying you.
And stop saying that you are being bullied here. This is the best forum I have ever been a part of. I always get proper and fast responses, and I don't feel ashamed of posting my terrible quality pictures here, knowing that someone will come along and help me out. The people on this forum are providing information regarding coins free of charge, even though it took them years to accumulate the information in their heads.
Quote: I must admit that doing this research I kind of got the coin colecting bug I guess. I kind of like the vintage coins, Morgan dollars, walking liberty halfs etc. and the shinny change called proof sets look cool. I might buy one of each of the vintage coins and maybe a proof set just to have as a souvenir of my school project. but I wont go all crazy and collect in bulk just one of each is enough... So yes ill buy the State Quarter proof sets just for fun and a couple of vintage coins.
Sounds like you have the makings of a coin collector! I would hope that you will realize that your personal experience is worth a lot more than an anonymous survey that asks if something is "dumb" or not. Everyone collects coins for different reasons. Some collect because they want to be able to make money reselling their purchases. But I would guess that the large majority of collectors collect because they love coins--the art, the history, the mystique: for example, a chance to hold the same coin that some person from 200 years ago might have held--and that's why they do it.
In fact, "numismatics"--the technical term for coin collecting--says nothing about getting coins just for reselling. People who buy coins just so they can resell them for a profit are investors more than they are coin collectors.
Tried-and-true collectors have no intention of reselling their coins, anyway, so resell value is a moot point. I know I have plenty of coins that I would not want to part with, because I put time and energy into finding just the right coins. Now that I found them, why would I want to get rid of them? I love to look at them.
I take care to refrain from 'personal attacks' against collectors whenever possible, and have been successful so far. Even in some of the most irritating situations, like when a new member comes with a damaged coin thinking it's an error and refuses to listen to any logic presented by more knowledgeable members, I put up with it and help explain to them why their coin isn't what they think it is and make sure not to just get upset. This thread is really pushing it, though. If you want to go write a report about your "study" on collecting, I can't stop you, but if you come to a numismatic site like this and tell a huge number of dedicated numismatists that you think their hobby is dumb you can't seriously expect everyone to happily accept your offensive, pre-planned "conclusion".
Quote: this coins are rare and valuable when its on dealers hand , when its on collectors hands their worth face value not worth dealers time.
Hello There already covered a lot of this, but I'll say that dealers are doing what they do as a business, so you can't expect them to give you the same amount for a coin as they would charge you for the same piece. Proof sets, at least most of 1971-present, which are all you took to a couple of dealers, are worth little more than face no matter who is selling them, so it's no wonder that a reputable dealer wouldn't bother with that kind of thing. If you showed them something that has numismatic value, you would probably find that they would offer you a fair deal. You can always negotiate, too.
Is coin collecting dead or dumb? Not dead but maybe a little ill . If all of us could get one or two new coin collectors into the hobby that would be a shot in the arm (referring to the ill reference ) for the hobby. Is coin collecting dumb? No more then any other collectible. Is collecting sports cards dumb? How about matchbooks? Stamps? Beanie babies? Get my drift? Coin collecting may be dumb to some people but not me and not most of us here on CCF. John1
When I began collecting at age 13, I was lonely because nobody else I knew collected coins. So I tried getting my little sister interested. I showed her all the cool old coins our family had and explained the Red Book to her. She was only mildly interested; at one point, though, she said she wanted to get some proof sets. But she never did.
My dad had some old Whitman Lincoln Cent folders he had assembled as a kid (including a 1909-S he had found in change), so while he didn't have the bug anymore, he was interested in what I was doing. He eventually began collecting Ikes and signed up for the Mint's proof set subscription service. When I go visit him I sometimes bring my new type purchases to show him.
At one Christmas, I hand-made some small purple velvet pouches with golden drawstrings, and filled them each with several BU golden dollars, BU Kennedy halves, and BU SBA dollars, and gave one each to a family member as a gift. But no one seemed very impressed or interested.
In general, I've found it unlikely--if not impossible--to meet collectors unless it's at a show or at a coin shop. It seems like a "rare" hobby.
Quote: its just stuff to keep because theres no resale market
ARGHHH!!
But, the fact is that there IS a HUGE resale market! Its called the entire freakin hobby! I just typed in " US coins" into ebay and got 826,657 listings.
826,657 LISTINGS
This hobby isn't dumb, coins HAVE a resale market.
95% of coins in your collection have been owned by 3+ more people (whether it be a collector's coin in his collection, or it just sat in some dude's coin jar before plucked through by some grubby YN).
sorry if I broke any of the rules, this thread is driving me up a wall
Lol, you came in here with conclusions based on trying to sell worthless crap to dealers, then call it "coin collecting" and bash it in the forum and in a paper. Then when real collectors explain how wrong you are, you call it bullying. Well then get ready for some more. You don't say how old you are, but if this is anything other than a middle school project, you should be embarrassed.
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