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<p>[QUOTE="cladking, post: 74004, member: 68"]The hobby will probably survive as a mass market for at least a couple more </p><p>generations and the reason is all those junky clad coins in circulation. Back in</p><p>the '50's the baby boomers were reaching the ideal age to become collectors</p><p>during a time that there were already millions of people scouring pocket change</p><p>and removing anything of interest. Several million more children checking the </p><p>change made certain that it was simply wiped clean. </p><p><br /></p><p>It is circulating coinage more than anything else that attracts people to collecting</p><p>and it was circulating coinage that most collectors percieved as boring that pre-</p><p>vented people from looking at it very closely. This changed in '99 with the states </p><p>quarters and there were suddenly millions of people looking at the coins again. They</p><p>not only saw the states coins they also saw the older coins and wondered if they </p><p>could complete a set of them. They've bought hundreds of thousands (millions) of</p><p>folders for the old cents, nickels, and clad in circulation. They mainly don't know</p><p>much about what to expect and what's common or rare but they are learning. </p><p><br /></p><p>Price guides don't list the circulated grades but then until last year the Redbook</p><p>listed most gem clad as being worth only a few times face value. </p><p><br /></p><p>It is much easier in the modern age for collectors to learn the basics and progress</p><p>very rapidly in learning the hobby but most of the next generation of collectors </p><p>are filling folders and learning it on their own. They're coming along. In the mean</p><p>time circulation is still full of a lot of great coins that haven't been checked again</p><p>and again by every type of collector. There are rarities and coins in high grades.</p><p>There are varieties. Many of the most important moderns have come right out of</p><p>circulation or, in a few cases, were intercepted right before they got into circulation. </p><p>There are huge numbers of people collecting or observing the states issues. Many</p><p>of these are already legitimately referred to as collectors and as time goes on more</p><p>will catch the spark and be consumed by collecting. </p><p><br /></p><p>The hobby is being revitalized and it will become more apparent as time goes on.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 74004, member: 68"]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.[/QUOTE]
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Can the next generation continue coin hobby?.
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