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<p>[QUOTE="coleguy, post: 838401, member: 9167"]I don't think the hobby is going to die off anytime soon. After all, it's been going strong for as long as man has minted coins. It seems to be slowing right now, but thats to be expected as on average 16% of Americans have lost their jobs and another 60% have been cut back on pay and time. That means a serious lack of disposable income and hobby buying power. Thats also why the housing, car and boat (just to name a few) markets are almost dead. The good thing about coins though is that the 10% who keep the market solvent in the hobby are often the same 10% who are immune to such economic tides, thus the hobby remains strong. When things pick up you'll start seeing more young people at shows and coin shops. Right now most of them are more concerned about paying the mortgage and putting food on the table to be bothered with coins.</p><p>Guy~[/QUOTE]</p><p><br /></p>
[QUOTE="coleguy, post: 838401, member: 9167"]I don't think the hobby is going to die off anytime soon. After all, it's been going strong for as long as man has minted coins. It seems to be slowing right now, but thats to be expected as on average 16% of Americans have lost their jobs and another 60% have been cut back on pay and time. That means a serious lack of disposable income and hobby buying power. Thats also why the housing, car and boat (just to name a few) markets are almost dead. The good thing about coins though is that the 10% who keep the market solvent in the hobby are often the same 10% who are immune to such economic tides, thus the hobby remains strong. When things pick up you'll start seeing more young people at shows and coin shops. Right now most of them are more concerned about paying the mortgage and putting food on the table to be bothered with coins. Guy~[/QUOTE]
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