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<p>[QUOTE="AmishJedi, post: 5242820, member: 114568"]I attribute the increase in collecting (IMHO) to 4 main reasons:</p><p><br /></p><p>1. Covid-19...record number of people are working from home or spending more time at home with their collections due to State curfews/shut downs.</p><p>2. Increase in YouTube/online "influencers"...particularly "silver stackers" and those dealers making "Do you own this $100,000 penny in your change" type of posts. Now, more people are checking the local CoinStar machines and coin roll hunting than ever before, it seems to me.</p><p>3. The recent election (not a political statement, BTW)... has caused some people to fear for a decline in the economy or even a refusal of cash/coins - pointing to the "stacking" of gold and silver bullion as an investment or protection against a Governmental "collapse".</p><p>4. It's no secret that most collectors (even casual ones, like me) are > 40 years of age. The "boomers" are starting to age and die off, causing their children/beneficiaries to inherit coin collections; either these people are getting interested in the hobby, or they are cashing in/spending these collections. I've never see more proofs and NIFC coins in my coin roll hunting than right now.</p><p><br /></p><p>Cheers.[/QUOTE]</p><p><br /></p>
[QUOTE="AmishJedi, post: 5242820, member: 114568"]I attribute the increase in collecting (IMHO) to 4 main reasons: 1. Covid-19...record number of people are working from home or spending more time at home with their collections due to State curfews/shut downs. 2. Increase in YouTube/online "influencers"...particularly "silver stackers" and those dealers making "Do you own this $100,000 penny in your change" type of posts. Now, more people are checking the local CoinStar machines and coin roll hunting than ever before, it seems to me. 3. The recent election (not a political statement, BTW)... has caused some people to fear for a decline in the economy or even a refusal of cash/coins - pointing to the "stacking" of gold and silver bullion as an investment or protection against a Governmental "collapse". 4. It's no secret that most collectors (even casual ones, like me) are > 40 years of age. The "boomers" are starting to age and die off, causing their children/beneficiaries to inherit coin collections; either these people are getting interested in the hobby, or they are cashing in/spending these collections. I've never see more proofs and NIFC coins in my coin roll hunting than right now. Cheers.[/QUOTE]
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