Can the next generation continue coin hobby?.

I know that Q D Bowers started about when he was 14...did he ever "quit" collecting and then come back years later??

I've already passed the 16 and will keep on going right through the 45 you listed and on after that....the things you listed that would make me or others "quit" can be done and you can collect at the same time...

Speedy

 

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The coin hobby will continue because the coins will continue to exist. Unless they are melted down, somebody will have to own them. High prices won't be much of a factor because they will adjust to whatever level people are able and willing to pay. Suggesting that nobody will own coins because the prices are too high reminds me of something Yogi Berra once said: "That bar got so crowded that nobody goes there anymore." Maybe prices will continue to rise, or maybe prices will crash down to the levels that existed decades ago. But the coins will be there and so will the hobby.

 

The hobby will probably survive as a mass market for at least a couple more
generations and the reason is all those junky clad coins in circulation. Back in
the '50's the baby boomers were reaching the ideal age to become collectors
during a time that there were already millions of people scouring pocket change
and removing anything of interest. Several million more children checking the
change made certain that it was simply wiped clean.

It is circulating coinage more than anything else that attracts people to collecting
and it was circulating coinage that most collectors percieved as boring that pre-
vented people from looking at it very closely. This changed in '99 with the states
quarters and there were suddenly millions of people looking at the coins again. They
not only saw the states coins they also saw the older coins and wondered if they
could complete a set of them. They've bought hundreds of thousands (millions) of
folders for the old cents, nickels, and clad in circulation. They mainly don't know
much about what to expect and what's common or rare but they are learning.

Price guides don't list the circulated grades but then until last year the Redbook
listed most gem clad as being worth only a few times face value.

It is much easier in the modern age for collectors to learn the basics and progress
very rapidly in learning the hobby but most of the next generation of collectors
are filling folders and learning it on their own. They're coming along. In the mean
time circulation is still full of a lot of great coins that haven't been checked again
and again by every type of collector. There are rarities and coins in high grades.
There are varieties. Many of the most important moderns have come right out of
circulation or, in a few cases, were intercepted right before they got into circulation.
There are huge numbers of people collecting or observing the states issues. Many
of these are already legitimately referred to as collectors and as time goes on more
will catch the spark and be consumed by collecting.

The hobby is being revitalized and it will become more apparent as time goes on.

 

New collectors

I've been collecting since the 1950s. Sometimes more actively than others, but always stopping to look at the change or trade for a coin I don't have. My children were never much interested and I kept my collection locked up for years. But now, as I near retirement, my grandchildren are interested. They always ask me to bring out albums for them to peruse. Little do they know, but someday they will probably get these collections.

When I began in the 1940s and 1950s there were many different varieties of coins still in circulation. You could find Barbar halves, Walkers and Franklins in you pocket. Buffalo nickels and Mercury dimes were common. Morgan and Peace dollars were standard fare at Christmas time. I do think that the new quarters and nickels are good for the hobby. It stimulates interest and will soon help spawn the next generation of collectors.

 

What Conder101 said. At 30, I’m the youngest adult I’ve met locally sense I stared up collecting again. I do think there's a lots more collectors now than in the late 80’s. All the state quarters and new nickel hype is getting people interested. Some will go but others will stay. =)

 

youth collectors

I,m getting my kids started (ages 9 & 11 ). I,ve given each of them a few coins to start their collection, a morgan and peace dollar each along with some halves and some old buffalo nickels, Also they each have penny books and state quarter books they are starting to fill. Each time we go to a coin shop they are looking for something to buy. My son found a nice Susan B proof at a coin shop he purchased and can't wait to go back for more coins. hopefully they will keep the interest in collecting.

 

continue or not

my final analysis is that it will keep on decreasing.

 

on what grounds do you base your analysis? Also, what gives you the impression that it is decreasing? It is my impression that coin collecting is at a peak right now with all the people collecting the statehood quarters and new nickels.

 

im 20, and ive been collectiong coins for years :d

 

Amen..I started collecting with the SQ a few years ago...but now that I have gone to other places in collecting I see much more enjoyment in collecting...I just wonder how many people that are collecting SQ will keep on collecting after 2009 and will go on to other coins?...
I know that me and my dad don't collect alike at all...he likes rolls of the new SQ and new nickels (with his other coins) and I don't like them at all as (even though I'm a collector not an invester) I don't see any market for them later and I don't see many people collecting them....but he sees it the other way...
Oh well...I sold him all of my rolls and maybe one day he will prove me wrong

Speedy

 

next generation

yes, of course. i am one of them.

 

Next Gen Oh yeah 4 sure

I'm 25 so I might not be part of the "newest generation", but I love coin collecting and actually ran into an old friend from high school that I had not seen in several years at a coin shop of all places. So their are def a lot of us out their. I also try and convience all of my friends to invest some money in bullion so I think it def will. We just have to all get out of the nest and making our own money before you start seeing a lot of us out their buying coins.

 

This thread is 5 years old...

 

oh wow... Idk what happend I think I might of seen it on the home page idk. Or maybe I acadently clicked on the numbers at the bottom and didn't notice it.

 

LOL
Its all good

 

speaking of, this is certainly an interesting topic for a thread...

 

A young generation doesn't have to get interested in coin collecting to keep the hobby going. Maybe people get into it when they're older, and the young generation will all be older at some point.

 

I don't know.. What got me started was finding wheat pennies in circulation when I was about 7 (2001/2002) But I think in the future the US will see how silly it is to have physical money and everything will be electronic. We will all have government issued "money-cards" or perhaps just a place to scan your finger print. Who knows. If that does happen maybe it will make kids want to collect it even more, although it would be alot harder to find.

 

it looks like it will continue.

 

Good question! Will the next generation be able to spell and write so that others can understand them?

Chris