If the hobby dies...

...what will happen to all the coins?

Will they just sit in boxes in peoples basements, attics or garages for years or generations?

 

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It won’t die. Look at all the younger collectors on CT alone. People love history. And coins are an affordable way for a person to connect to it.

 

I’ll rephrase my question.

 

I don't think the hobby will die.

 

I agree that I don't think it will ever die as long as we keep at trying to bring newer collectors in to the hobby. I know a lot of people complain about error collectors. That is was hooks some people (myself included) and now because of the kindness of strangers here and now friends at my club, I'm hooked on the whole shabang.
IF it were to die, I think you would see an immediate sell off and melt of all the precious metal coins and then the boxes would set in basements and some people would just throw the stuff away if it weren't worth anything or there were no buyers. (I would scarf up as much as I could cause I'm a borderline coin hoarder! I look at some stuff and think why did I even put that aside! )

 

The same question has been asked over and over during my lifetime and countless news articles have been written about it. The hobby is doing fine especially in light of all of the quantum changes in life during those decades. Taken in that light, I think the hobby is a real durable beast.

 

I agree! I’m into collecting more then I have ever been!! It’s a beast!! It’s addictive! I have 3 retail stores that has a lot of cash flow and I’m notice myself checking a lot of coin and notes before deposits!!

 

How will you rephrase it?????

 

The hobby is fine, been going on since they started making coins.

 

What do you think Neanderthals collected sticks and stones or maybe even dinosaur teeth for currency?


After saying that what is the oldest coin know to man?

 

Hobby will never die, but if it were to, they'd put all of our Edited in a museum.

 

And I'll probably be infracted for edited

 

If it dies, I will be buying every pretty coin I can get my hands on.

 

From the book "100 Greatest Ancients of all time" Ask and ye shall receive. lol I just read this a few weeks ago and still had a pic on my cell. Read the first sentence under it...
For the sake of this thread, almost not a single one of the top 100 are affordable to the average person. And the auction prices keep doubling over time. Most of us have never seen and wouldn't know many of them exist. The prices are mostly five figures with many well into six figures. If that market doesn't die, I doubt the rest will.

 

Never. Its like an economy that will a boom and bust

 

And 'blossom'.......

 

Well one must question it ...as lets look at stamps.... pristine condition specimens don't even comand half of face value these days.
I don't believe this hobby will die,but do believe it will go though peroids of peaks and valleys.
As some of us older collectors pass on ,and our families don't share the same passion as most of us the market may drop or flood with inventory.
It is my belief that" we "meaning todays collectors need to promote to YN's as well others and enforce any and all interest in the hobby.

 

I think it depends on who you are here. You can still search for certain things that should be infractions and they show up. I try to tow the line yet I've been hit for minute things when others fly by.

 

Error collecting has skyrocketed in recent years. A little bit of research on Heritage Auctions proves this. 20 years ago few errors went for over $1,000, and I mean incredibly bizarre and even unique pieces. Compare that to pieces auctioned in the last ten years. Unbelievable.

 

Not really. I really like Green, but he knows the rules as well as I do.