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<p>[QUOTE="Jedinited, post: 7845488, member: 80224"]The hobby changed, dramatically so, when you could no longer find coins to collect in circulation. Most collectors prior to 1965 or so had blue Whitman folders that they filled out, in large part, at face value. People from 5 YOA to 95 YOA could enjoy the hunt. Maybe purchase a key date to fill a hole.</p><p><br /></p><p>At the same time, the intrinsic value of silver coinage became obsolete. Another blow to the hobby.</p><p><br /></p><p>Then the TPGs came along and change the hobby, for both good and bad. Eliminated counterfeits in plastic (mostly) and gave a degree of comfort to those unskilled in grading and detecting repairs, etc. On the other hand, it morphed into a game of breaking out to get a higher grade and the absurdity of a one point difference on the grading scale being dramatically different in value, even though that difference is very subjective. And then, the lowering of grading standards over time.</p><p><br /></p><p>All of this combined with the reality that the younger generations have little interest in collectibles in general, leaves the hobby in a vastly different environment than when some of started to collect in the 50s and 60s. I believe that truly vintage and ancient collectible coinage will always retain some value, it remains to be seen to what degree that holds true.[/QUOTE]</p><p><br /></p>
[QUOTE="Jedinited, post: 7845488, member: 80224"]The hobby changed, dramatically so, when you could no longer find coins to collect in circulation. Most collectors prior to 1965 or so had blue Whitman folders that they filled out, in large part, at face value. People from 5 YOA to 95 YOA could enjoy the hunt. Maybe purchase a key date to fill a hole. At the same time, the intrinsic value of silver coinage became obsolete. Another blow to the hobby. Then the TPGs came along and change the hobby, for both good and bad. Eliminated counterfeits in plastic (mostly) and gave a degree of comfort to those unskilled in grading and detecting repairs, etc. On the other hand, it morphed into a game of breaking out to get a higher grade and the absurdity of a one point difference on the grading scale being dramatically different in value, even though that difference is very subjective. And then, the lowering of grading standards over time. All of this combined with the reality that the younger generations have little interest in collectibles in general, leaves the hobby in a vastly different environment than when some of started to collect in the 50s and 60s. I believe that truly vintage and ancient collectible coinage will always retain some value, it remains to be seen to what degree that holds true.[/QUOTE]
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