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<p>[QUOTE="Ken Dorney, post: 3104103, member: 76086"]Back in the 80's I was also one of the youngest people you would see at a coin show. Its nothing new, though I would suggest that there are far more younger collectors now than then or at any other time in the history of this hobby. More money, more availability, more exposure, etc., so I dont think the hobby is dying off. Coins shows are another matter. I do believe they are dying off, or at least will shrink to the point where they will be once a year and regional in nature. Why would I spend $1,000 plus in expenses for a coin show with perhaps no sales at all? I can stay home and sell more than in the average show. Dont get me wrong, I love shows. They add a entirely new dimension to collecting, but I fear the younger collectors would rather stay at home and browse on their phones for coins.</p><p><br /></p><p>As for values, investing, potential material coming to the market... most has already been said, but consider that a great many of these coins will likely not re-enter the market through the usual channels. Often when someone passes away their collection has been sitting in a safe deposit box somewhere and the heirs know nothing about them nor care and a lot of them end up at a local coin show, pawn shop, jewelry store, etc. Such coins will be dispersed very widely and the impact on the market will usually be negligible and unnoticed.</p><p><br /></p><p>Specialized collections however do make an impact in the short term. Take for example the RBW Republican and the BCD Greek collections. Those had an impact as a huge number of them came to market all at once but the impact was not severe. The higher quality material sold for good prices, the lower quality for lower (which is how they were bought in the first place).</p><p><br /></p><p>Investing....again already covered, but my opinion yes, it can be done but only if you really know what you are doing. Like anything else you must buy as low as possible and know when to sell at the right time for a higher price. Like anything else, you must diversify. Stocks, bonds, mutual funds, real estate, cash, you need an overall plan and should not place too much in one place. I myself have a small portion of my assets in coins, but only a small portion. The best part is I get to enjoy them whenever I want up until the day I sell them.[/QUOTE]</p><p><br /></p>
[QUOTE="Ken Dorney, post: 3104103, member: 76086"]Back in the 80's I was also one of the youngest people you would see at a coin show. Its nothing new, though I would suggest that there are far more younger collectors now than then or at any other time in the history of this hobby. More money, more availability, more exposure, etc., so I dont think the hobby is dying off. Coins shows are another matter. I do believe they are dying off, or at least will shrink to the point where they will be once a year and regional in nature. Why would I spend $1,000 plus in expenses for a coin show with perhaps no sales at all? I can stay home and sell more than in the average show. Dont get me wrong, I love shows. They add a entirely new dimension to collecting, but I fear the younger collectors would rather stay at home and browse on their phones for coins. As for values, investing, potential material coming to the market... most has already been said, but consider that a great many of these coins will likely not re-enter the market through the usual channels. Often when someone passes away their collection has been sitting in a safe deposit box somewhere and the heirs know nothing about them nor care and a lot of them end up at a local coin show, pawn shop, jewelry store, etc. Such coins will be dispersed very widely and the impact on the market will usually be negligible and unnoticed. Specialized collections however do make an impact in the short term. Take for example the RBW Republican and the BCD Greek collections. Those had an impact as a huge number of them came to market all at once but the impact was not severe. The higher quality material sold for good prices, the lower quality for lower (which is how they were bought in the first place). Investing....again already covered, but my opinion yes, it can be done but only if you really know what you are doing. Like anything else you must buy as low as possible and know when to sell at the right time for a higher price. Like anything else, you must diversify. Stocks, bonds, mutual funds, real estate, cash, you need an overall plan and should not place too much in one place. I myself have a small portion of my assets in coins, but only a small portion. The best part is I get to enjoy them whenever I want up until the day I sell them.[/QUOTE]
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