Can the next generation continue coin hobby?.

Holy Batman is this an old thread! Lol, I am glad someone resurrected it, it is a good discussion.

I myself have seen a lot of encouraging signs since this thread was first done. I see a lot more younger people at shows, I have 3 or 4 teens I am helping get into ancients, and more show up, (if intermittently) at coin clubs. I think access to the internet has made this hobby more accessible, at the same time opened up new collectors to more scams. I think the hobby will continue to get stronger unless we are simply overrun by Chinese counterfeits, which will discourage both new collectors and existing ones.

 

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Even better, has anything changed in the 5 years it started?

 

5 years is not one generation.

 

more crazy to this hobby.

 

This concerns me bc I do not see many younger dealers. It is possible coins shows will fade away as a thing of the past replaced by coin club bourse / auction and online. It is expensive and time consuming setting at club. Online venues can reach a world customer base, have lower cost, and are more time efficient.

 

@ player11, the dealer in my town is 23 no joke, and he has about $500K in inventory...

 

I'm 19 years old, and trust me, with this generation, coin collecting will be all but dead in around 50 years. There will still be collectors, but not nearly as much so as right now. Good for me though, cheaper coins when I'm old.

 

The major shows will always be around. Many of the local dealers in the areas of the large shows attend so they can get a chance to buy/sell with dealers from all over the country to get new inventory. As long as there is a sufficient population to support the local shows of 40-100 tables, I don't see them going anywhere either.

Chris

 

if everyone of us just introduce this hobby to just two or three persons. we gonna double and triple this hobby population.

 

Ill try lol

 

I've started several enthusiastic youngsters on their way as numismatists. I think the hobby will continue. Even if money was to become obsolete, there is still enough for them to collect and trade from the past.

 

What people seem to be forgetting is that this generation will get older and personalities change as you age. If you're 19 now, and all of your peers think coin collecting sucks, than it would definitely die if they had the same personalities when they got older. But personalities and tasted change a lot as you age. I don't think the hobby will die out until several generations after physical currency is abolished (which hopefully won't ever happen )

 

I'm sure they will be. Collecting is great and there is always those of who love the history of it all. I started collecting when I was 14 and I'm 18 now and still collecting. It's a great investment (moreso then most other hobbies, how many other hobbies could you sell and make more money then you put into it?), lots of fun, and a great lesson in American history. I know me and my girlfriend both love it and I'm sure I'll pass down my coins to my kids. Think of it this way. When a new generation comes along they are always seen this same way, too different, too rebellious, too raudy, but we grow old and more importantly wise and learn who we are and what's really important. I'm sure it'll stay strong! If anything modern technology has made it much easier to start and stay in collecting than ever before! Coin and mint commercials and ads, coin managing software, supplies websites, and this very forum are proof of that. Though this is all just my humble opinion.

 

just keep moving. today just bought the 2010 chinese silver panda and mexican libertad. it's beautiful.

 

As long as there are coins, there will be collectors.

 

hopefully correct. nowadays. young generation mostly devoted their time to computer and games. i-phone etc. old timers like stamps, coins, model trains and airplanes. those might be history.

 

There are so many opportunities for kids to do many things these days, so perhaps instead of trying to compete with them all, we can just open up a few doors of interest by giving the kid or kids in your life the odd junk coin for a gift from time to time.

If they are interested they will do the research. If they are not interested, at least they have something they can show to their friends, and maybe they will be interested.

It can be this simple.

 

I think coin collecting is dying down, due to what the world has become.
A lot of hobbies just aren't popular anymore, because of what society will think of you if you participate in a particular hobby. Other people might laugh at you, make fun of you, hey, if you are in a school environment, perhaps even beat you up.
This hobby might be dead, because society's minds are changing, they could care less about a coin in their change or their inherited collection, they want to sell it, and use the cash for something else.

To answer this nearly 5 year old original post, I would say no, the next generation will bring coin collecting popularity to an all time low, and the generation after that will probably kill it.

 

One thing you fail to account for is the connection with history which young people generally have little time for and older people learn to cherish. I suspect that there may be fewer young people beginning the hobby as the world of alternatives has expanded, but the history will eventually become important to them as is was in earlier generations.

There are many of us who started young as collectors and there may be fewer who start young, but I believe there will always be those who will catch the fever that so many of us have caught before them.

 

I do not believe it has anything to do with age ( generations) as it does to the genetically determined personality traits.There will always be those genetically ( through directed neuron development) who will collect. This happens in the rest of the animal kingdoms also~ birds, primates,etc., so the gene box for collecting has been around for a long time.

The idea that computers , iphone apps, games, etc. is in the same category as collecting is wrong in my opinion as that group is more mechanical interaction, physical action rather than the mental activity of collecting. The decreased group that reflects that is the number of kids that work on their own cars ( other than hacking their Honda's computer), building their own electronic devices, phone freaking ( whoops, don't mention Captain Crunch . How many repairmen, plumbers, A/C, etc. are under 25? Not many!

Each group will still be around in the future as they are genetically driven, no need to worry about it. I couldn't assure that the prime collecting area will be coins, maybe it will be something completely unknown today, such as collecting genetic samples of historical people. What you don't have your DNA analyzer yet?? Do you have a DNA sample from Lincoln to go with Grandpa Tmoneyeagles's coin collection