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<p>[QUOTE="Frank bugalski, post: 3083839, member: 95461"]As a stamp/coin collector I'm kind of surprised that this thread so far made no mention of young Americans. They sure don't collect stamps and ask yourself what is the predominant age group at coin shows. Mostly 50 or older? While a case can be made that forming familys, paying mortgages,saving for college tuition eats up younger collector's discretionary income I'm old enough to have watched, at least in stamps, three generations of attendees at shows and I'm still waiting for a flood of new 50 year olds. New blood isn't emerging in sufficient numbers. One could argue they prefer to buy on the Internet. If so and the market is healthy with buyers why are prices low? Yes, what appears scarce in a local market in a nation wide market of 330 millions of people with maybe twenty examples of the same coin or stamp listed gives the appearance of a plentiful supply and so a race to the price bottom. In that way Ebay, Etsy etc have hurt the market. Generating new collectors to carry on from us is in my opinion the key. Another thought: when coin publications trumpet the latest auction results and the emphasis is on prices most of us will never be able to afford how does a newbie or an oldie not be depressed and sometimes give up the hobby? And I do understand the desperate need of publications to generate ad revenue. I would suggest less reworked auction house public relations pieces and more editorial content for medium to low budget collectors like myself would be helpful. What do you think?[/QUOTE]</p><p><br /></p>
[QUOTE="Frank bugalski, post: 3083839, member: 95461"]As a stamp/coin collector I'm kind of surprised that this thread so far made no mention of young Americans. They sure don't collect stamps and ask yourself what is the predominant age group at coin shows. Mostly 50 or older? While a case can be made that forming familys, paying mortgages,saving for college tuition eats up younger collector's discretionary income I'm old enough to have watched, at least in stamps, three generations of attendees at shows and I'm still waiting for a flood of new 50 year olds. New blood isn't emerging in sufficient numbers. One could argue they prefer to buy on the Internet. If so and the market is healthy with buyers why are prices low? Yes, what appears scarce in a local market in a nation wide market of 330 millions of people with maybe twenty examples of the same coin or stamp listed gives the appearance of a plentiful supply and so a race to the price bottom. In that way Ebay, Etsy etc have hurt the market. Generating new collectors to carry on from us is in my opinion the key. Another thought: when coin publications trumpet the latest auction results and the emphasis is on prices most of us will never be able to afford how does a newbie or an oldie not be depressed and sometimes give up the hobby? And I do understand the desperate need of publications to generate ad revenue. I would suggest less reworked auction house public relations pieces and more editorial content for medium to low budget collectors like myself would be helpful. What do you think?[/QUOTE]
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