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<p>[QUOTE="Pilkenton, post: 839182, member: 23961"]I think coin collecting is dying, but at the same time it's being reborn as a new hobby.</p><p>The first thing that is killing it is US coins stopped using silver. That was 46 years ago. Young collectors have no memory of using them in circulation. In another 45 years, silver coins will be ancient history. Kids collect what they like, and what they relate to. Comic books, Pokemon cards, Beanie Babies, state quarters. Trouble is, state quarters will go the way of sports cards, the interest will be gone, and the quarters will be worth a quarter a piece. It's scary what the mint is doing. State quarters, presidential dollars, the new cents and nickels. It reminds me when comic books and sports cards were hot 20 years ago. Holographic cards--comic books with multiple covers. Companies pumping out "collector's items" by the boatload. That's what killed them.</p><p><br /></p><p>I think another reason why the hobby is hurting is the professional grading. The grading services started with coins, now comics and sports cards are graded. I was the happiest person in the world when I opened my pack of Fleer basketball cards and got a Michael Jordan rookie card, and I was an adult. Now my Jordan card is sitting in a plastic holder somewhere in my junk drawer because no one wants it. They want the 9.9 mint state graded card on ebay. Kids don't appreciate the gradings the way us old-timers do, but they are taught, just like the comics and cards, that quality is best. What kid can afford a graded anything. To kids it's quantity, not quality. If the interest is there, they will learn at their own pace, not at the pace we try to teach them. The grading services turned the comic and card collecting hobby to an adult's hobby</p><p><br /></p><p>Ebay is the real killer of coin collecting. Now it's coin buying, not collecting. I read an article from Newsweek years ago when ebay first came on the scene. This writer was a lunchbox collector. His goal was finding a certain lunchbox that he had been looking for. He looked on ebay, and he had a choice of a half dozen or so of the lunchbox he had been searching years for. That depressed him. The thrill of the hunt was gone. Ebay has taken the thrill of finding that elusive rare item to complete your collection. Now all you have to worry about is which one you want from the list to choose from. That's not fun.</p><p><br /></p><p>I think us old timers are also killing the hobby. I was an adult when comics and cards were hot. That's what killed the hobbies. I'd go to the comic book store, and the place would be packed, with adults. What kid wants to collect what their parents collect. Here's a sad story. I had lost interest in coins. My nine year old daughter came home from Grandpa's house with a stack of old coins. That peaked my interest again. We got out my collection. My daughter was in coin collecting heaven. We would go to the coin stores, we discovered ebay. We were buying a lot of coins for a while, then the interest died for her. Then I realized why. Her interest had turned into my obsession. The stuff I was buying was mine in her eyes. She was more excited coming home from Grandma's with a 1990 Canadian quarter than she was about us getting a Morgan in the mail. I almost killed the hobby for her. Kids are smart. They want, and usually get whatever they want. But they also know that the "earned" things mean more than anything you can spoil them with. I think my daughter will always collect coins, maybe not full time, but it will always be in her life. I think that coin collecting will always be here. Maybe not as open as it was, that's already happened, but the hobby won't die.[/QUOTE]</p><p><br /></p>
[QUOTE="Pilkenton, post: 839182, member: 23961"]I think coin collecting is dying, but at the same time it's being reborn as a new hobby. The first thing that is killing it is US coins stopped using silver. That was 46 years ago. Young collectors have no memory of using them in circulation. In another 45 years, silver coins will be ancient history. Kids collect what they like, and what they relate to. Comic books, Pokemon cards, Beanie Babies, state quarters. Trouble is, state quarters will go the way of sports cards, the interest will be gone, and the quarters will be worth a quarter a piece. It's scary what the mint is doing. State quarters, presidential dollars, the new cents and nickels. It reminds me when comic books and sports cards were hot 20 years ago. Holographic cards--comic books with multiple covers. Companies pumping out "collector's items" by the boatload. That's what killed them. I think another reason why the hobby is hurting is the professional grading. The grading services started with coins, now comics and sports cards are graded. I was the happiest person in the world when I opened my pack of Fleer basketball cards and got a Michael Jordan rookie card, and I was an adult. Now my Jordan card is sitting in a plastic holder somewhere in my junk drawer because no one wants it. They want the 9.9 mint state graded card on ebay. Kids don't appreciate the gradings the way us old-timers do, but they are taught, just like the comics and cards, that quality is best. What kid can afford a graded anything. To kids it's quantity, not quality. If the interest is there, they will learn at their own pace, not at the pace we try to teach them. The grading services turned the comic and card collecting hobby to an adult's hobby Ebay is the real killer of coin collecting. Now it's coin buying, not collecting. I read an article from Newsweek years ago when ebay first came on the scene. This writer was a lunchbox collector. His goal was finding a certain lunchbox that he had been looking for. He looked on ebay, and he had a choice of a half dozen or so of the lunchbox he had been searching years for. That depressed him. The thrill of the hunt was gone. Ebay has taken the thrill of finding that elusive rare item to complete your collection. Now all you have to worry about is which one you want from the list to choose from. That's not fun. I think us old timers are also killing the hobby. I was an adult when comics and cards were hot. That's what killed the hobbies. I'd go to the comic book store, and the place would be packed, with adults. What kid wants to collect what their parents collect. Here's a sad story. I had lost interest in coins. My nine year old daughter came home from Grandpa's house with a stack of old coins. That peaked my interest again. We got out my collection. My daughter was in coin collecting heaven. We would go to the coin stores, we discovered ebay. We were buying a lot of coins for a while, then the interest died for her. Then I realized why. Her interest had turned into my obsession. The stuff I was buying was mine in her eyes. She was more excited coming home from Grandma's with a 1990 Canadian quarter than she was about us getting a Morgan in the mail. I almost killed the hobby for her. Kids are smart. They want, and usually get whatever they want. But they also know that the "earned" things mean more than anything you can spoil them with. I think my daughter will always collect coins, maybe not full time, but it will always be in her life. I think that coin collecting will always be here. Maybe not as open as it was, that's already happened, but the hobby won't die.[/QUOTE]
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