How actively do y'all sell and/or trade coins?

Discussion in 'World Coins' started by John Anthony, Nov 3, 2013.

  1. Whizb4ng

    Whizb4ng HIC SVNT DRACONES

    While we are all speculating I can see many different factors affecting the price of Ancient coins more so that just an older collector passing on. We can all agree that price of Ancients has been increasing in recent times. Could we attribute that to the internet and the ability to access more coins? In my opinion yes we could. I can say for myself that I probably wouldn't have started collecting if I hadn't read up on the topic online.

    Thinking about it now I do think price will rise for coins. Maybe because of an increase in collectors with the access of information being that much easier. I can also see a lot of younger collectors emerging in a couple of years since there are many outreach programs for Roman coins in the States. Forvm has their Slugs for Schools program don't they? Also there is the ACCG talking to kids about coins. I spoke to my regular seller at a coin show a couple weeks ago and he was just recently at a show over in Saskatchewan and there was this young boy with an immense knowledge of Roman history already at the age of 10 or so. It kind of blew him away.

    There may also be new regulations and laws that crop up in the upcoming years that drive up prices making Ancient coins harder to purchase. It is impossible to predict what government will do.

    Like I said before if prices go down I am all for it. Makes it better for me. I also wouldn't hate for prices to rise because more people are joining the hobby. Like medoraman say it is generally middle aged folk that take up any sort of hobby. From the ages of 15 - 30 us youngins are more interested in bars, girls (or boys), and video games.

    The kids are out there but they are few and far between. Doesn't mean there won't be more in the future.
     
    YOC likes this.
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. medoraman

    medoraman Supporter! Supporter

    I am not getting upset. You are the one who said, "show me where all of the young collectors are at". I challenge you to show me when there have ever been a lot of young collectors. If you cannot, then why now will a dearth of them doom this hobby that has survived 500 plus years? I simply do not understand your logic.
     
  4. IdesOfMarch01

    IdesOfMarch01 Well-Known Member

    It's not clear why "young collectors" should be either a necessary or sufficient condition for the hobby of collecting ancient coins to survive and thrive. This may very well be your premise for the future decline of prices, but as Medoraman points out above, there isn't any actual data that supports the conclusion that young collectors have ever been involved extensively in collecting ancients.
     
  5. IdesOfMarch01

    IdesOfMarch01 Well-Known Member

    Deleted - duplicate.
     
  6. Mat

    Mat Ancient Coincoholic

    Dont forget there is video games like "rome, son of ryse" & "Pompeii", which comes out next year.

    I wonder how many people will play/see this stuff and become collectors? Im sure a small percent will.

    I wouldnt past the movie Gladiator brought in some collectors too.
     
  7. AncientJoe

    AncientJoe Well-Known Member

    I think this is inescapable. Young people simply don't have the discretionary funds to buy non-essentials like coins. It makes logical sense that once one has an established financial base from which to draw and self-sustain, coins and other "luxuries" can come into the picture. I also don't think that the current clad coinage will be any detriment to collecting either - just because US coins used to be made of silver doesn't mean that the metal content was the only reason for collecting them.

    As for women not collecting coins, I wouldn't be surprised if we see more women collectors over time. My better half actually enjoys my coins (or so she says) due to their aesthetic qualities. Beauty is in the eye of the beholder (she doesn't like the Colosseum anywhere near as much as she would want us to have an EID MAR, and she is very picky about the aesthetics of what I attempt to acquire) but I don't think TIF is alone!
     
  8. Bart9349

    Bart9349 Junior Member

    Youth brings with it a new perspective to any field. I read a lot of books and articles about Ancient Rome.

    The authors from the 50s and 60s were obviously brilliant and thoughtful...but god awful difficult to read and...boring. Quoting long passages without translations in Latin and Ancient Greek are worthless to me (and I assume to most modern readers).

    More recent authors (many of whom are many years younger than I am!) make Ancient history accessible even to a dolt like me.

    Take a brilliant young writer like Adrian Goldsworthy:

    http://en.wikipedia.org/wiki/Adrian_Goldsworthy

    Without the input and fresh perspectives of some of the younger writers, the study of Ancient history will die and the fascinating stories of those men and women who faced the challenges of day-to-day life in the Ancient world with fade from memory.

    guy
     
  9. ValiantKnight

    ValiantKnight Well-Known Member

    I'm 21 (22 soon so start shopping for nice coins for me :D), and recently got my little bro into collecting (he really enjoys learning about history), so I think I'm doing my part.
     
    stevex6 likes this.
  10. stevex6

    stevex6 Random Mayhem


    Great!! ... so, Jango is in charge of our ancient coin-future!!?

    => oh well, at least we know that the price of Ostrogoths will remain strong!!

    ;)
     
    ValiantKnight likes this.
  11. Mat

    Mat Ancient Coincoholic

    Thats why I made a comment about the video game and movie coming out. Both will expose todays younger crowd with roman history and its possible there may be some who will go beyond the game and read more about the actual history and maybe go into coins should they seek out something linking to rome.

    Video games got me into Hockey back in the 90s and Wrestling. So dont knock the thought just because many here are older and dont pay attention to games or todays hollywood "blockbusters."
     
  12. Eng

    Eng Senior Eng

    I usually don't get involved in these kind of discussions, for one my reading and writing skills aren't my strong suit. What i see in the hobbie, which i've been in since age 7, the age of most collectors are older. Our coin club average age is 70, i'm one of the youngest at 55,( we do have 5 yn's in the group).
    So we need to promote yn's , which i think is very important. We have several young Ancient collectors here on this forum,that's why i think we should support them to the fullest.
    As for selling coins, i do two coin show's a year, sold on ebay for years and did very well, due to a near lawsuit, paypal freezing my account, i will never buy or sell there again. I have a show coming up in Jan. so i'm going to add a case of ancients to the table, i haven't sold but one or two coin's to date.
    I just bought 11 coin's off vcoins, they had a special plus 15% off, which got my price of each down to less than $20 each. also i bought 200 late Romans 2 years ago and will add this to them as well, i'll give you a up date after the show.
    I envy all of you that can write, there are some of us that struggle with writing, i ran a department for a company, me and my crew produced several million's in sales a year. We ran some of the lowest shrink and highest GPD for them. Some of US are smart in other ways..;)
     
    vlaha, Mat and John Anthony like this.
  13. Bing

    Bing Illegitimi non carborundum Supporter

    Don't worry about your writing skills and you never need to apologize. Your skills are good enough to understand my friend. And that is all that matters here.
     
  14. John Anthony

    John Anthony Ultracrepidarian

    I don't like get embroiled in controversy - just not my nature. Never mind the future of coin collecting, I don't even know what I'm having for dinner yet.
     
    TIF likes this.
  15. Travlntiques

    Travlntiques Well-Known Member

    Being in my twenties, I've sought to collect ancient coins exclusively because of influences on the internet.....that'd be all y'all :)
    Also, as was mentioned before, popular culture is and will continue to bring more interest to the ancient empires & I see no reason for either of these factors to decrease in the near future. I view my coin collection almost as a savings account that has so far provided a solid rate of return, to the extent that I've been surprised when I have sold them. It's because of this investment mentality that I'm moving away from US coins more and more, especially common, easily obtained examples. My generation has a keen "brand awareness" and the draw of non-investment grade numismatics is less than strong, while the pieces with "wow" factor should only grow stronger. Paper money has long been neglected as well; early small size $100 dollar bills can practically be had for face value even though it's the one denomination that status seeking social climbers desire most. Let's face it; my generation is not lacking those who love taking twitter pictures next to Ferraris & Black Am-Ex cards…
    History and relics of our past will never be worthless, while items with a certain panache will only continue to increase in value in my opinion.

    As for flipping coins, it can be an incredible rush! I don’t do it as often as I should, but 2-weeks ago I acquired a 1 dollar gold piece on eBay for $147 and just last night auctioned it for $355, an amount that pays the fees and still leaves some coin buying money for me!
     
    TIF likes this.
  16. YOC

    YOC Well-Known Member

    I dont know why I opened my mouth in the first place..........I hope you are all right and have a lovely christmas.
     
  17. Whizb4ng

    Whizb4ng HIC SVNT DRACONES

    YOC. If you hadn't opened your mouth we wouldn't have had this awesome conversation. I can't speak for the others but I secretly hope for cheaper prices.

    We cant predict the future and sometimes type can be mistaken or to deeply read into. Remember we all love the same thing: Canadians! Ahem I mean coins!

    A good discussion is a good discussion I enjoyed it. It made me think. Not enough things get me doing that right now.
     
  18. Bing

    Bing Illegitimi non carborundum Supporter

    Yeah, I can smell the bear excrement from here.

    Good discussion for sure.
     
  19. vlaha

    vlaha Respect. The. Hat.

    I'm 14, home schooled, and am a terrible speller (I'm still working on it though:)), and my mom still has a bit trouble with it too (and she wasn't home schooled).

    It just shows you that it doesn't matter what your education, some people will have more trouble with some thing than others.

    BTW YOC, check your punctuation on the quoted post, it's rather amusing.
     
    YOC likes this.
  20. Bing

    Bing Illegitimi non carborundum Supporter

    Somehow I think it was meant to be that way.
     
    TIF likes this.
  21. John Anthony

    John Anthony Ultracrepidarian

    It was clearly a spoof - and a good one at that!
     
    TIF likes this.
Draft saved Draft deleted

Share This Page