Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Interesting Article on the Cutoff of Modern and Classic US Coinage
>
Reply to Thread
Message:
<p>[QUOTE="statequarterguy, post: 1890053, member: 21782"]All I can say is don’t despair, it’s not as bleak as you think. Back in 1964, most collectors looked at anything recent, the same as they look at recent issues today, they weren’t worth collecting. Coin collecting does include moderns more and more every year, especially since the mint is currently making some true scarcities and rarities – not only because the mint is flooding the market, but too, because old school collectors over look them, probably because the last time they looked at modern mint products was the 1960’s/1970’s/1980’s when the mintages were too high, so a terrible investment.</p><p> </p><p>The future of coin collecting is the coins that are produced today and it is what the young collectors are collecting because they are affordable and there are some beautiful exciting issues, unlike the period from the 1940’s through the 1970’s. Again, old school collectors don’t see this because they don’t use the internet and they purchase only from B&M’s and shows. They believe coin collecting is dying – well yeah, coin collecting as they know it is dying. The last show I went to last month looked like a retirement home, average age above 70. All of this tells me the “classic” coins will, as the years progress, be relegated to the likes of type collectors. The moderns will be the coins collected by series by younger generations, the future of coin collecting, who are alive and well and growing on the internet.[/QUOTE]</p><p><br /></p>
[QUOTE="statequarterguy, post: 1890053, member: 21782"]All I can say is don’t despair, it’s not as bleak as you think. Back in 1964, most collectors looked at anything recent, the same as they look at recent issues today, they weren’t worth collecting. Coin collecting does include moderns more and more every year, especially since the mint is currently making some true scarcities and rarities – not only because the mint is flooding the market, but too, because old school collectors over look them, probably because the last time they looked at modern mint products was the 1960’s/1970’s/1980’s when the mintages were too high, so a terrible investment. The future of coin collecting is the coins that are produced today and it is what the young collectors are collecting because they are affordable and there are some beautiful exciting issues, unlike the period from the 1940’s through the 1970’s. Again, old school collectors don’t see this because they don’t use the internet and they purchase only from B&M’s and shows. They believe coin collecting is dying – well yeah, coin collecting as they know it is dying. The last show I went to last month looked like a retirement home, average age above 70. All of this tells me the “classic” coins will, as the years progress, be relegated to the likes of type collectors. The moderns will be the coins collected by series by younger generations, the future of coin collecting, who are alive and well and growing on the internet.[/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
>
Interesting Article on the Cutoff of Modern and Classic US Coinage
>
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...