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<p>[QUOTE="frech001, post: 2229928, member: 20616"]I totally agree with princeofwaldo. And for the comment that this happened before in the U.S. in the 1920s, well, that was for the same reason. When the middle class is hurting so are their abilities to pay much for collections. Unless this economy is turned around, selling coins in the U.S. will be a losing experience. And my observations at coin shows tells me there are very few young people collecting coins. Proportionally, they use social media more than the pre-computer generation so it may give the impression that there is a growing interest in collecting in their age group on this forum.</p><p><br /></p><p>I'm currently listing a large world coin collection on eBay, with starting prices 1/4 of book, but because of shipping costs and restrictions, I'm only selling in the U.S. I generally don't sell a coin until I've listed it for 10% of book or 99¢. Since I've already recovered my investment in these coins, I'm not worried about a perceived loss. I've started with Scandinavian coins, because the collector I acquired them from had more of those. It has been very slow. Danish coins just don't sell very well here at all. I don't think Danes emigrate to the U.S. anymore. Their middle class is the best off in the world from the survey's I've read. Politically, I think that speaks for itself. The other challenge for future collecting is climate change. As civilization faces increasing challenges with related costs and physical challenges, I wonder what it will mean for collecting.[/QUOTE]</p><p><br /></p>
[QUOTE="frech001, post: 2229928, member: 20616"]I totally agree with princeofwaldo. And for the comment that this happened before in the U.S. in the 1920s, well, that was for the same reason. When the middle class is hurting so are their abilities to pay much for collections. Unless this economy is turned around, selling coins in the U.S. will be a losing experience. And my observations at coin shows tells me there are very few young people collecting coins. Proportionally, they use social media more than the pre-computer generation so it may give the impression that there is a growing interest in collecting in their age group on this forum. I'm currently listing a large world coin collection on eBay, with starting prices 1/4 of book, but because of shipping costs and restrictions, I'm only selling in the U.S. I generally don't sell a coin until I've listed it for 10% of book or 99¢. Since I've already recovered my investment in these coins, I'm not worried about a perceived loss. I've started with Scandinavian coins, because the collector I acquired them from had more of those. It has been very slow. Danish coins just don't sell very well here at all. I don't think Danes emigrate to the U.S. anymore. Their middle class is the best off in the world from the survey's I've read. Politically, I think that speaks for itself. The other challenge for future collecting is climate change. As civilization faces increasing challenges with related costs and physical challenges, I wonder what it will mean for collecting.[/QUOTE]
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