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<p>[QUOTE="cplradar, post: 7851229, member: 108985"]The real difference today is the relationship that individual coin collectors have with dealers and coin clubs. Not that long ago, one ran into coin collecting because of the influence of the local coin shop. You depended on them for your initiation into the hobby, and for making contacts and friends. More information was diseminated with books nad magazines, but in the end, your connection to the hobby was largely through your shop, and then extended to coin clubs, and eventually to trade show events.</p><p><br /></p><p>In addition to that, often there was a family connection. The older generation believed in the power of coinage, and precious metals. Silver collectors were common in our families, especially for depression babies, and people held onto Morgans and gave them to children and even used them as doweries et al. Collecting was handed down from one generation to the next, Grandparents to Grandchildren.</p><p><br /></p><p>Today, as with much of the world, then entire information infrastructure has been overhaulled, and the market is on steroids, always on 24/7. This has transformed collecting in several ways, including how we learn about coins and the our relationship to the coin market. People are much more focused on the turning over of quick profits, and hair splitting on grades, and the search for specific dates and conditions have become mundane. A complete beginner with financial wear with all can assemble a Bust Half collection of the ages in a few months. This is a market that was really only traded for and understood be a select few elite bust nuts. Now, it is an open door and collectors never get the deep dive in O varieties. So that is pretty much the way it is now. It is much less about the human element, and much more about the data.[/QUOTE]</p><p><br /></p>
[QUOTE="cplradar, post: 7851229, member: 108985"]The real difference today is the relationship that individual coin collectors have with dealers and coin clubs. Not that long ago, one ran into coin collecting because of the influence of the local coin shop. You depended on them for your initiation into the hobby, and for making contacts and friends. More information was diseminated with books nad magazines, but in the end, your connection to the hobby was largely through your shop, and then extended to coin clubs, and eventually to trade show events. In addition to that, often there was a family connection. The older generation believed in the power of coinage, and precious metals. Silver collectors were common in our families, especially for depression babies, and people held onto Morgans and gave them to children and even used them as doweries et al. Collecting was handed down from one generation to the next, Grandparents to Grandchildren. Today, as with much of the world, then entire information infrastructure has been overhaulled, and the market is on steroids, always on 24/7. This has transformed collecting in several ways, including how we learn about coins and the our relationship to the coin market. People are much more focused on the turning over of quick profits, and hair splitting on grades, and the search for specific dates and conditions have become mundane. A complete beginner with financial wear with all can assemble a Bust Half collection of the ages in a few months. This is a market that was really only traded for and understood be a select few elite bust nuts. Now, it is an open door and collectors never get the deep dive in O varieties. So that is pretty much the way it is now. It is much less about the human element, and much more about the data.[/QUOTE]
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