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Understanding Numismatics

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Author Previous TopicReplies: 13 / Views: 2,393Next Topic  
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Portugal
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 Posted 05/03/2021  05:48 am Show Profile   Bookmark this topic Add MargaretT to your friends list Get a Link to this Message Number of Subscribers
Hello everyone! I am Margaret, a marketing student, and I'm doing a study on the longevity of numismatics near younger generations. I would love to understand more about why people practice coin collection and what might drive younger generations to this practice. What are your thoughts on this ?
Valued Member
United States
392 Posts
 Posted 05/03/2021  07:25 am  Show Profile   Bookmark this reply Add Parnelli917 to your friends list Get a Link to this Reply
I'm not of the younger generation, but I am working to get my five-year-old nephew interested. I was about his age when my Uncle gave me my first coins. There are so many reasons for coin collecting. History, artistry, greed, investment, treasure hunting or just owning something that is rare. I'm not sure what the younger generation thinks. I suspect that we all wonder how long physical coins and currency will last into the future. Maybe this will motivate the younger generation. Not sure. Good luck with your efforts.
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ijn1944's Avatar
United States
19109 Posts
 Posted 05/03/2021  07:57 am  Show Profile   Bookmark this reply Add ijn1944 to your friends list Get a Link to this Reply
You've likely thought of this...try Googling the terms 'coin collecting young generation'. A boatload of material is presented.
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John1's Avatar
United States
56855 Posts
 Posted 05/03/2021  08:32 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
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United States
187469 Posts
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United States
245 Posts
 Posted 05/03/2021  1:34 pm  Show Profile   Bookmark this reply Add youngmaster to your friends list Get a Link to this Reply
Welp thats great id like to know aswell but also Id like to know what you have figured out thus far... While I will be waiting for a response here, I will answer. The history is nice and also the quality time you spend with family when if shared interests are there. I had no interest until my grandfather mentioned he had some showed me and I didnt get it. But time passed and left me curious about it. Here I am interested in why people like them. Heres what I will add to that. I have heard different responses on what they like and why its almost like theres different reasons that dont come close sometimes and just have an ordinary story. I still dont get it but I get the relevance to their why. Each have their own story. I think it may have nothing to do with the coin but rather a story or experience shared with the item. I dont know if this was useful at this point now. But I thought id try...
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MisterT's Avatar
United States
2001 Posts
 Posted 05/03/2021  4:43 pm  Show Profile   Bookmark this reply Add MisterT to your friends list Get a Link to this Reply
Margaret, I have been collecting coins since 1967 when my Uncle, a serious collector, introduced me to the hobby. As a child it was a challenge and accomplishment to complete a book of coins from those found in circulation. There was a time when I often came across good finds in circulation but those days have past for the most part. I do not collect coins with the attitude of getting rich from them but more for the beauty and history especially with old classic coins. When I hold my 1786 Piece of Eight in my hand it takes me back to thinking of the pirate error, the HMS Bounty, or who may have handled this coin long before me. When I hold an old Morgan dollar I wonder if Wild Bill could have used this in a poker game or that 1943 half dollar, was that the last coin a GI spent before meeting his demise on the beaches of Normandy. Once you start collecting coins it becomes an addiction. Just like a drug, you always have to have more!
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walk2dwater's Avatar
Canada
2571 Posts
 Posted 05/03/2021  5:19 pm  Show Profile   Bookmark this reply Add walk2dwater to your friends list Get a Link to this Reply
I started collecting coins when I had my 1st paper route change in hand. But then I saw my brother's treasures (he got most of his silver from my grandfather/before silver was phased out) & I decided to acquire banknotes. I know it must sound pretty immature, but I guess I was competitive (& just knew I couldn't compete with some of his coins, including a gold 1/2 sovereign he inherited from our grandmother).

It was tough to keep a $1.00 banknote back then (let alone a $2, $5, $10 or $20). As a youngster, I just wanted one of each denomination. Once that objective was completed, I tried to broaden my horizons (wanted better condition, asterisk replacements, special serial numbers, etc.) When I got my first P/T job, my collection grew. I felt a bit of an oddball collecting notes when I knew most kids collected coins.

I think a lot of people who collect things do it to fill a deep, primal need: to surround themselves with cultural artefacts, things/items that confirms their productivity/accomplishments. For some it becomes an obsession.

You may want to check out:
Numista https://en.numista.com/ & other sites/forums for different opinions. A lot of younger collectors enjoy collecting coins/notes from their travels.

On my site I have listed some other forums too.https://sites.google.com/view/notap...sites-forums
Edited by walk2dwater
05/03/2021 5:20 pm
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Dorado's Avatar
Canada
24885 Posts
 Posted 05/03/2021  5:52 pm  Show Profile   Bookmark this reply Add Dorado to your friends list Get a Link to this Reply
To the Forum.
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vermontensium's Avatar
United States
16677 Posts
 Posted 05/03/2021  7:51 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
Welcome to the CCF MargaretT!
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Valued Member
United States
245 Posts
 Posted 05/04/2021  07:59 am  Show Profile   Bookmark this reply Add youngmaster to your friends list Get a Link to this Reply
I wanted to ask is this for school? Is this for personal interests? Are you interested yourself in collecting? What will you hope to accomplish with this?... I guess I'm doing something similar to be helpful and want to be knowledgeable about it. The similarities I think are its like antiquing It has a history behind the coin a story per say or characteristics. Again I hope I am being helpful.
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United States
5195 Posts
 Posted 05/05/2021  8:47 pm  Show Profile   Bookmark this reply Add jack jeckel to your friends list Get a Link to this Reply
New Member
United States
8 Posts
 Posted 05/26/2021  01:34 am  Show Profile   Bookmark this reply Add CollectingGuinea to your friends list Get a Link to this Reply
Hello and welcome to the community! As a researcher myself I must warn you that exposure to coin collectors is known to be the major cause of coin collecting!

I have been collecting since I discovered the U.S. Statehood Quarters (1999 to 2009) back in 2001. I was 8 years old at the time and have been collecting since then just for the sake of having similar metal disks, with different designs on it, and since then just sitting down and sifting through coins looking for what I lack is very rewarding.

Once my income became more permissive I started collecting more coin types from different countries, mainly from those twoth ties to my family (Mexico from my family, Poland and the Philippies from my partner's family, Finland from when I lived there, and the U.S. because I already had some :P

Hope this helps, and good luck with your project!
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coinman91's Avatar
Canada
668 Posts
 Posted 05/27/2021  3:24 pm  Show Profile   Bookmark this reply Add coinman91 to your friends list Get a Link to this Reply
I personally collect Canadian coinage and was inspired from modern collectables available like the commemorative quarters. So many reasons to collect but for me these were the most influencing and readily available. Little did I know that was just the beginning for me. Good luck with your study!
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