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<p>[QUOTE="JoshuaP, post: 26401651, member: 114157"]I am relatively young to most of you (90's kid), but even in my day I remember there being more physical coin shops. Nearly all my money made in my teen years went into coins. Many coin shops have since disappeared. Here are the main reasons (besides being in college and having to also support a wife and three children) that I have slowed down in collecting:</p><p>1. I used to have three bank accounts from which I had a system for coin roll hunting. Now only one of those banks will sell me anything more than a few rolls at a time or even take more than a few rolls at a time. It became so frusterating that I pretty much have given up coin roll hunting.</p><p>2. FAKES. There are so many counterfeits, and good ones at that. It used to be that most fake silver was at least magnetic. Not anymore. They are too good in design and even weight. </p><p>3. Sorting through nonsense. When I want to buy a particular coin, sorting through all the trash (fakes, overgraded, doctored pictures, etc.) becomes extremely time consuming. I can almost never see the coin I want to buy in hand (lack of physical stores or decent inventory). </p><p>4. Difficulty in selling. I try to keep my collection a relatively small one with higher grade examples. That means when one coin joins the collection, most times one coin leaves. eBay takes a high fee (plus shipping), Facebook marketplace does not allow you to sell coins, and Craigslist is FULL of scammers. Unless your neighbor wants to buy from you, where do you sell?[/QUOTE]</p><p><br /></p>
[QUOTE="JoshuaP, post: 26401651, member: 114157"]I am relatively young to most of you (90's kid), but even in my day I remember there being more physical coin shops. Nearly all my money made in my teen years went into coins. Many coin shops have since disappeared. Here are the main reasons (besides being in college and having to also support a wife and three children) that I have slowed down in collecting: 1. I used to have three bank accounts from which I had a system for coin roll hunting. Now only one of those banks will sell me anything more than a few rolls at a time or even take more than a few rolls at a time. It became so frusterating that I pretty much have given up coin roll hunting. 2. FAKES. There are so many counterfeits, and good ones at that. It used to be that most fake silver was at least magnetic. Not anymore. They are too good in design and even weight. 3. Sorting through nonsense. When I want to buy a particular coin, sorting through all the trash (fakes, overgraded, doctored pictures, etc.) becomes extremely time consuming. I can almost never see the coin I want to buy in hand (lack of physical stores or decent inventory). 4. Difficulty in selling. I try to keep my collection a relatively small one with higher grade examples. That means when one coin joins the collection, most times one coin leaves. eBay takes a high fee (plus shipping), Facebook marketplace does not allow you to sell coins, and Craigslist is FULL of scammers. Unless your neighbor wants to buy from you, where do you sell?[/QUOTE]
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