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 Replies: 32 / Views: 3,903 |
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Valued Member
United States
406 Posts |
From what I can tell, interest in bullion is up, but interest in numismatics seems to be down a bit. I know that at the coin shop I hang out at, there's a lot of customers, but most of them seem more interested in selling stuff than buying anything.
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Bedrock of the Community
United States
20753 Posts |
I too think this hobby will fade away so my solution to anyone that agrees with me is simple. To save yourself from a blah, faded, lost hobby, just pack up all your coins and send to me. I will gladly do the worrying for you. I will be the one that suffers. Ain't I great.  Why look what happened to Beanie Babies, sports cards, Hot Wheel cars and all the other hobbies that just vanished. Think of how many suffered losses from those so again, let me help you all.  In reality coin collecting has been around for possibly longer than any other hobby on Earth. If the cave people had coins, some of them would have been collecting them. If there are people on other planets, some will be collecting coins. Might be some of them here now and doing just that. As more and more people get rid of coinage and currency, those items will only become more wanted. Prohobition didn't stop people from booze and the same will always be like that with coins. Don't know why but everyone from little kids to excessively old people just like coins. Why without them there would be no place to put dead President's pictures. |
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Pillar of the Community
 3352 Posts |
Awesome, thanks just carl
=> so, I have packed-up all of my coins and all I need now is a shipping address (thank God there is somebody out there trying to do the right thing!) ... please dispose of these nasty coins before they drive me insane! (you're the man ... I owe ya one!)
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New Member
United States
37 Posts |
I'm fairly new to coin collecting. I think its worth noting that the effect of the internet should not be underestimated. I think it is safe to say that without it I would never have got into the hobby. I didn't know other collectors, never been to a show. Just happened saw an old, albeit valueless coin, got curious, went on line and the rest is history. In coin collecting knowledge is everything and the cost of gaining that knowledge, and sharing it, has dropped considerably.
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Pillar of the Community
United States
4869 Posts |
Sometimes I wonder why we collect round pieces of metal with a picture and a date on them... :)
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Bedrock of the Community
United States
20753 Posts |
Quote:
I'm fairly new to coin collecting. I think its worth noting that the effect of the internet should not be underestimated. I think it is safe to say that without it I would never have got into the hobby. I didn't know other collectors, never been to a show. You hit it right on the head. Why the same thing happened to all those people thousands of years ago that collected coins with a Ceasar or Pharoh on them. They just tured on the internet and saw all those great old Bronzed round things and said, I've got to get me osme of those. Quote:
Sometimes I wonder why we collect round pieces of metal with a picture and a date on them... :) Why as I pointed out we all need to be reminded of what our old, long gone presidents looked like. So we run out and grab those to show everyone on Earth what they looked like. The only problem with that is just when did we have an Eagle for a president? |
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Pillar of the Community
3352 Posts |
So, now that I have sent all of my coins to just carl, I need to find something a bit more sensible and worthwhile to collect ... hmmmm? ... rabbits? .... no, not rabbits ... beer bottles? ... eh, probably not ... ooowwwww, I know, I know => "bacon" ... mmmmm yes, bacon ... who doesn't like bacon, right?
I'll buy bacon at cost and then I'll heat-up the bacon until it looks and tastes really good, and then I'll sell the bacon at a profit (what could go wrong?)
=> BACON FOR SALE, GIT YOUR RED-HOT BACON OVER 'ERE!!
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Pillar of the Community
3352 Posts |
brutal ... 3 hour old bacon is "not" a good sign (I want my coins back)
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Pillar of the Community
United States
511 Posts |
Don't look down on the bullion investors, as some of them will find their way to numismatics. Like some of you, I use cash. No debit cards here.
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Bedrock of the Community
United States
20753 Posts |
Back to the original question. NO this hobby will be around for a long, long time. It already has and I see no reason for it to deminish at all. More and more coin shows are poppiing up. More and more coin stores are opening. More and more adds in magazines, TV, newspapers for coins than ever in the past. Our Mint is probably the only ones that may end up ruining much of it with their endless amount of new STUFF. Sort of like they did with Stamps.
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Pillar of the Community
United States
4869 Posts |
Who wants to buy bloated mint and proof sets and overpriced rolls? And I think the satin finish and the new package was the demise of the mint set.
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Pillar of the Community
3352 Posts |
Mmmph, whateva ... bacon haters!
Well, bacon or not, it seems that that the majority has spoken
=> "Things Look Fairly Okay For Us Collectors"
... so keep-on hoarding and/or collecting
=> Coin-On, My Friends!
Edited by stevex6
08/19/2011 10:30 pm
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Bedrock of the Community
United States
20753 Posts |
Hmmm this post made me start to look into that subject. For one thing I noticed is that there was not to long ago a coin show in a place called Rolling Meadows, Il. on the 4th sunday of every Month, Now gone.
There was a coin show every 1st Sunday at a place called Lemont, Il., and also now gone.
Peotone, Il. coin show now only every other Month.
A little scarry and makes me wonder if this is a trend coming.
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Valued Member
Canada
235 Posts |
I don't think the hobby will ever die, but it has definitely become less popular, it may become a real niche hobby in future years. But die out completely? I don't believe so. First off, many people are multi-generational collectors-dad or grandad collected so they do too. Secondly, the intrinsic value of coins and the metallic content means that most coins, even just old coppers ones, will have some kind of value, and therefore will be collected in some manner.
Stamps on the other hand......
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Pillar of the Community
Canada
1554 Posts |
 Just Carl, I agree with you, it's happening in my part of the Continent as well. (Eastern Canada) I feel the reason for coin shows and brick/mortar coin shops dieing off is simple>E-bay and Internet Auctions. I myself have never been to a coin store or show in years simply because when you are face to face with a dealer the price of Key date coins are 80% of trends. Whereas on E-bay and other Intenet Auctions I have acquired Rare coins for 40-60% trends. If E-bay was a country it would have the 4rth largest population in the world @ 135 million Members strong and growing by a million a year.! Just think what it will be like in 50 years? Glenn  |
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Replies: 32 / Views: 3,903 |
First Page
Posted 08/18/2011 09:55 am
