Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Fire damaged CC's
>
Reply to Thread
Message:
<p>[QUOTE="Lehigh96, post: 2736826, member: 15309"]I'm curious, what makes you think the collector base is shrinking? For as long as I can remember, people have made that prediction, only for it never to rear its ugly head. It is similar to the prediction that rainbow toned coins are a fad and will eventually carry no price premiums whatsoever. Just another unsubstantiated prediction in my eyes.</p><p><br /></p><p>Coin collecting is a passive hobby that requires time and discretionary income. Two things that young adults and people with children do not have. That is why the collector base is typically comprised of YNs and people over 50. I am a rare exception who has collected my entire life, but I also am unmarried and childless.</p><p><br /></p><p>Coin collecting saw a huge boom during the Statehood Quarter program. When those children reach 50, there will be a huge supply of people who will return to the hobby of coin collecting. If you are claiming there is some temporary softness in the market, well okay, but there is no reason to think that is anything more than the cyclical nature of the market.</p><p><br /></p><p>As for problem coins, it will depend upon the coin in question. Common Date Morgan Dollars and Classic Commemoratives with problems will always fare poorly in the market because of the large availability of uncirculated examples without problems. But key date 20th century as well as most 19th & 18th century coins with problems will hold numismatic value over intrinsic. For example, please give me your valuation of the following whizzed Barber Half Dollar.</p><p><br /></p><p><img src="http://i117.photobucket.com/albums/o59/ACPitBoss/Barber%20Half%20Dollars/BarberHalfDollar1898-SWhizzed_zps3b6007e6.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><img src="http://i117.photobucket.com/albums/o59/ACPitBoss/Barber%20Half%20Dollars/BarberHalfDollar1898-SWhizzedOH_zps64bfbbb2.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>Numismedia Wholesale AU55: $650</p><p>Numismedia Wholesale XF40: $400[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 2736826, member: 15309"]I'm curious, what makes you think the collector base is shrinking? For as long as I can remember, people have made that prediction, only for it never to rear its ugly head. It is similar to the prediction that rainbow toned coins are a fad and will eventually carry no price premiums whatsoever. Just another unsubstantiated prediction in my eyes. Coin collecting is a passive hobby that requires time and discretionary income. Two things that young adults and people with children do not have. That is why the collector base is typically comprised of YNs and people over 50. I am a rare exception who has collected my entire life, but I also am unmarried and childless. Coin collecting saw a huge boom during the Statehood Quarter program. When those children reach 50, there will be a huge supply of people who will return to the hobby of coin collecting. If you are claiming there is some temporary softness in the market, well okay, but there is no reason to think that is anything more than the cyclical nature of the market. As for problem coins, it will depend upon the coin in question. Common Date Morgan Dollars and Classic Commemoratives with problems will always fare poorly in the market because of the large availability of uncirculated examples without problems. But key date 20th century as well as most 19th & 18th century coins with problems will hold numismatic value over intrinsic. For example, please give me your valuation of the following whizzed Barber Half Dollar. [IMG]http://i117.photobucket.com/albums/o59/ACPitBoss/Barber%20Half%20Dollars/BarberHalfDollar1898-SWhizzed_zps3b6007e6.jpg[/IMG] [IMG]http://i117.photobucket.com/albums/o59/ACPitBoss/Barber%20Half%20Dollars/BarberHalfDollar1898-SWhizzedOH_zps64bfbbb2.jpg[/IMG] Numismedia Wholesale AU55: $650 Numismedia Wholesale XF40: $400[/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
>
Coin Chat
>
Fire damaged CC's
>
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...