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Is it a good time to sell these and continue down the avenue of selective coin investments?
First of all, no one knows what the future brings. My crystal ball broke down some time ago and I haven't found a replacement yet.
Some factor that adds uncertainty here is that this is is a hobby. People aren't depending on coin collections (except dealers) to be able to live. So if everyone loses interest, like what happened with stamps, then you're stuck with virtually worthless investments. People tend to be afraid that this is about to happen any time soon as the average age of coin collectors is quite high. But then, this fear has been around for years and years...
Trading coins for profit isn't something that's easily done. Now with the internet, everyone has access to actual market prices and everyone has access to catalogue prices. And most people use that information to get as much out of their coins as they can. You state that you invest in
Morgan dollars. That is smart as of today, as they are still very popular today. In fact, they're being over-analyzed with VAMs, just to add to the craze. But who knows what happens tomorrow?
However, one thing that helps right now is politics. There's a lot of political tension and uncertainty in the world right now, which makes people invest in proven certainties like gold and silver. As such, prices go up. I don't know what will happen with coin prices of coins in precious metal if suddenly gold and silver drop in value. I guess this also will affect coin prices.
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The aging of the collecting community has been a red flag for 30 years now. Indeed, there are many younger collectors, as evidenced by this forum. It would be interesting to know the average age of our members.
Keep in mind that this forum looks and smells like 2005 and that nowadays the younger generation uses the internet in different ways than people who haven't grown up with it. I can imagine that it's not very appealing for youngsters to join an old fashioned forum and discuss coins with people who could, on average, have been their grandparent.
Nevertheless, don't worry. Coin collecting is an expensive hobby, and as such, not very attractive for younger people. It's not fun to be limited to collecting cents from circulation when others can pay big sums for the stuff they really want or need to actually finish a collection. I was already working full time for some years and for me the hobby finally took off when I started hitting the better salaries (6 digits per year in USD) in order to really get what I'm looking for.
Coin collecting has for a long time been called 'the hobby of kings' and there's a reason for that.