Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Do 21st Century Coin Collecting Methods Drive Prices Down and Hurt our Hobby?
>
Reply to Thread
Message:
<p>[QUOTE="TheMont, post: 3086785, member: 80121"]I've been collecting a long time and one area I concentrate on is my albums. Some are complete, but some are an ongoing quest. I just ordered the Uncirculated Set from the mint. That will add to my Lincoln Cents, Jefferson Nickel, Roosevelt Dime, Kennedy Half, and Parks albums. To get the proofs, I'll wait for people to put both the clad and silver primary coins, in the lens, on eBay. I'll buy from Apmex, MCM, etc. for the 5 oz. Park series and any other new coins I'm collecting. I'm on good terms with the owners of the 5 coin shops in town and will buy if they have a coin I need or if one catches my eye. Coin shows can be a good source if you go to the same shows and get to know which dealers charge a reasonsble price. With the huge influx of counterfeit coins, I will only buy graded coins on eBay and even those are being counterfeited, so I tend to buy from people I have dealt with in the past.</p><p>Having said all that I think the thing that has the greatest effect on the coin collecting hobby is the graying of coin collectors. The number of collectors is declining, we old folks are not be replaced by new collectors. The coin club I belong to has and continues to try and bring young people into the hobby. We make sure we always have low priced coins at our club auctions, we gear events at our twice a year coin shops especially to young collectors, but we have the same problems other clubs have. There are just to many other things out there to interest young people. The coin TV Shows don't help, there seems to be a trend toward selling higher and higher priced coins and coin sets which young collectors can't afford. The chance to fill an album from circulation, unless you start from 1965 on, is just about impossible. I have a substantial collection that my grandson showed a great interest in, then puberty kicked in. At the last club meeting 60 members attended and 50 of them had gray hair. So I feel the number one thing that effects coin prices is the declining number of people available who will buy them.[/QUOTE]</p><p><br /></p>
[QUOTE="TheMont, post: 3086785, member: 80121"]I've been collecting a long time and one area I concentrate on is my albums. Some are complete, but some are an ongoing quest. I just ordered the Uncirculated Set from the mint. That will add to my Lincoln Cents, Jefferson Nickel, Roosevelt Dime, Kennedy Half, and Parks albums. To get the proofs, I'll wait for people to put both the clad and silver primary coins, in the lens, on eBay. I'll buy from Apmex, MCM, etc. for the 5 oz. Park series and any other new coins I'm collecting. I'm on good terms with the owners of the 5 coin shops in town and will buy if they have a coin I need or if one catches my eye. Coin shows can be a good source if you go to the same shows and get to know which dealers charge a reasonsble price. With the huge influx of counterfeit coins, I will only buy graded coins on eBay and even those are being counterfeited, so I tend to buy from people I have dealt with in the past. Having said all that I think the thing that has the greatest effect on the coin collecting hobby is the graying of coin collectors. The number of collectors is declining, we old folks are not be replaced by new collectors. The coin club I belong to has and continues to try and bring young people into the hobby. We make sure we always have low priced coins at our club auctions, we gear events at our twice a year coin shops especially to young collectors, but we have the same problems other clubs have. There are just to many other things out there to interest young people. The coin TV Shows don't help, there seems to be a trend toward selling higher and higher priced coins and coin sets which young collectors can't afford. The chance to fill an album from circulation, unless you start from 1965 on, is just about impossible. I have a substantial collection that my grandson showed a great interest in, then puberty kicked in. At the last club meeting 60 members attended and 50 of them had gray hair. So I feel the number one thing that effects coin prices is the declining number of people available who will buy them.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Do 21st Century Coin Collecting Methods Drive Prices Down and Hurt our Hobby?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...