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Do 21st Century Coin Collecting Methods Drive Prices Down and Hurt our Hobby?
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<p>[QUOTE="Michael K, post: 3083785, member: 78298"]To answer the OP question:</p><p>In my area more B & M LCS's are closing, than opening. And blaming EBay.</p><p>It has hurt the B & M dealers, but it hasn't hurt the hobby.</p><p>But the hobby seems to be in decline. Less young people are interested as we move toward a cashless society. Coins are just clutter for them. You can say, "My son is interested, etc." But I am talking about all of the young people in general. They are not interested.</p><p>The last 2 coin shows I attended some of the dealers were dinosaurs sitting around in chairs uninterested in business and their coins were over priced.</p><p>When I asked about some notes, the guy didn't even know the prices of his own inventory, had to consult some generic listing, and then gave me a ridiculously inflated price. I did do business with a few people who were personable and willing to deal. I haven't gone back the last 2 years, because the 2nd year I went it was all exactly as the year before. And it was not as exciting for me as the previous year.[/QUOTE]</p><p><br /></p>
[QUOTE="Michael K, post: 3083785, member: 78298"]To answer the OP question: In my area more B & M LCS's are closing, than opening. And blaming EBay. It has hurt the B & M dealers, but it hasn't hurt the hobby. But the hobby seems to be in decline. Less young people are interested as we move toward a cashless society. Coins are just clutter for them. You can say, "My son is interested, etc." But I am talking about all of the young people in general. They are not interested. The last 2 coin shows I attended some of the dealers were dinosaurs sitting around in chairs uninterested in business and their coins were over priced. When I asked about some notes, the guy didn't even know the prices of his own inventory, had to consult some generic listing, and then gave me a ridiculously inflated price. I did do business with a few people who were personable and willing to deal. I haven't gone back the last 2 years, because the 2nd year I went it was all exactly as the year before. And it was not as exciting for me as the previous year.[/QUOTE]
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