Hmm..I guess since the 08-09 correction some antiques have rallied, maybe 5 percent.. Almost everything else has dropped 20-60 percent, buy low, sell high, I would love to believe in an honest market, but I can't, example.. 1964 Canadian PL set, spot, minus 10 percent to sell, 1.1 oz asw , $12.-12.50, they call it refining cost, ..sell, $30. plus, I guess I won't play the game, I'm out..
I have an accidental collection of credit cards...my favorite is my Magnolia Gascard. They probably had 100 stations in GA
I recently worked with some Boy Scouts on the coin collecting merit badge. Out of 10 or so, about 6 or 7 completed the badge and 2 had genuine interest in continuing to collect. It was fun to have them bring old coins from home that had been stashed away by their families and talk about what they had. Will they collect in the future? Who knows. But I think there is interest.
I have been collecting credit cards for 50 years. Ever since I got my first one when I was a field service engineer. This year marks my 50th anniversary with American Express. Will they ever be worth anything, who knows. Maybe my kids can make a buck.
Antiques have nose dived here in Western Canada also. What used to sell for 10k ,a person can buy for 1500.00 . Antique stores closing all over , a flood in the market of nice collectable furniture , and odd items never to be made again. Sad really when the younger generation would rather have chrome and plastic then real wood. You can buy an antique table and 6 chairs with hutch etc. for 1000 dollars which used to sell for 6k . I used to tell my kids buy antique furniture rather then the new stuff because it will increase in value , well who knew this younger bunch does not see the beauty and history of hand made quality items . If I was really wealthy , I would buy up a lot of these nice hand made items and store them until the interest came back which it will some day . ( maybe ) !! Dillan
It isn't that kids don't have values, but rather, they have different values. For example, my daughter bought a tiny home and put solar panels on it. It is her goal to have very few things to manage, so antique furniture is out of the question. I think the price of coins will drop and I don't mind because I don't intend to ever sell mine. I wish the price would drop by 50% next week - I need some deals.
I also found your comment demeaning. Do I need a reality check too? Is your claim the only reality? I ride the train often. I’m in my 30s and I use my phone on the train to either read the news or look at CT. I consider CT social media, but otherwise, I don’t keep any social media on my phone because I find it an unnecessary distraction. So actually, I am looking at coins. I’ve never bought Nike shoes, and the only shoes I’ve spent more than $100 on were army boots. You know what I see on the train? Parents staring at their phones, delegating their parental responsibilities to the headphones their teenagers wear while sitting next to them, and continue to wear at the dinner table, ignoring their parents. Does my reality reflect the whole of society? Probably not, but neither does yours. Why do we assume that someone with a phone is looking at Twitter, but someone holding a book is reading something of value? Why do we assume that our next generation is the worst and have “lost it”? Probably because we are socialized to think that. There are more distractions than there have ever been, but somehow we’ve found a way to delegate the responsibility and blame of that shift to the people who, before they could even walk, were handed technology by their parents to keep them quiet. Let’s all try to spend less time bashing (on technology, most ironically) the generation we are passing the torch on to and spend more time engaging with them and shaping them. I’d hate to think how many folks have read these types of threads and decided to exit CT due to the close-mindedness of folks who fail to see the continuous cycle of generational Dunning-Kruger. Edit: looks like a resurrected thread. I thought this was starting up again.
Really? Ok.. Let me rephrase everything I have said.. I live in NYC. I grew up in the projects. I lived a rough life and hung out with the wrong people. You guys don't know me at all besides that I collect coins.. I almost died a few times in shoot outs, drew blood in many fights, had so called friends betray me.. I was a very angry young man.. Then I changed my life for the better at one point and I'm glad I did. But I see the youth of today cussing on the trains, listening to ridiculous rap music, watching videos of girls exposing themselves, videos of thugs beating up people and all these kids do is laugh. They have no respect for anyone around them. I hate all that I see in my life. But I'm no longer part of it! Don't judge me if you have never walked in my shoes. You have no Idea the hell I lived once and the frustration I endure on a daily basis. If you think I'm demeaning then I'm sorry. Like I said.. I'm at a point in my life where I lead and teach.. If whoever does not want to accept that then that's their problem.
No one here is judging you, no one said teaching was bad. In fact, it’s a fantastic thing. We’re simply saying just because some kids are punks doesn’t mean they all are. We often make the mistake of thinking that the entire world acts like the little (negative) piece of it we see in our lives. I look at those same things and shake my head, but those aren’t the only kids out there and we aren’t doing ourselves any favors by forgetting that.
Way to go @paddyman98 I am glad you turned your life around . I can relate to some of your past , and went through some similar times. It was one heck of a struggle to get to where I am today , but I am here and I am happy. I sense how you feel when you see the younger people especially which are like you were at one time. You feel like telling them hey there is a better way then what your doing , it is sad to see those who are just wasting their lives , and we know a fair percentage will never make it out of the hole they fell in. Were not talking about the kids from the Hamptons or Orange Grove , no it is the kids from low income families that want what the other kids have. I commend you for becoming a leader and a person that shares your insight with the younger people and anyone that looks to you for direction. Dillan
@paddyman98 very similar experience (minus the shootouts) growing up in Brooklyn with literally all the wrong people. Congrats on making it out and going beyond. More than half of the people I used to roll with no longer have their freedom or are no longer alive.
Same here. If I hadn't left my hometown, I would either be in prison or dead, no doubt about it. That's why I don't go back home very often. Also, now, I'm at the age where most of my family is gone, so there's not much reason to go back.
If you want my I don't worry about this too much. I collected coins when I was very young (grade school) and took a 40 year hiatus. When I show the 20 somethings my Roman and Carthaginian coins I see their interest is piqued.
I'm retired from a career in environmental protection. On the one hand, I realize global warming is a growing devastating challenge for civilization that will adversely impact life, on the other hand, I find coin collecting and the history and geography I learn from world coins a great escape. The easy access to coins, especially if international shipping is made easier, may also be a positive influence on coin collecting.
I think these days, it's more about how much disposable income one has and that plays a major factor in any hobbies. Yes, you can always argue world coins are cheap but wait till you see some of the Dansco classic albums. What may have been easy albums to fill up - many are starting to be easily in the four figure club. Personally, while many might lament that coin collecting is a dying hobby - I think we've got a lot more bigger fish to fry especially when one has to worry about jobs, poor stable income, etc. I did put a big brake in coin collecting for a number of reasons. One, I probably have a bit too much stashed up and I have not got around to cataloging them all. Second, if you have experienced the impacts of GFC - I'm sure you can understand what I mean by disposable income. Third, coin prices and shipping have gone up considerably.
My grandbabies do. Thanks to @Deacon Ray. Their teachng me. Took youngest to library today and got her another ancient coin book. Mind you she's 8. She trys like hell. The only thing is. She wants more ancient coins and I'm absolutely no help.