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It's like old and stuff, so its worth thousands!
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<p>[QUOTE="Ken Dorney, post: 3581655, member: 76086"]This is true and good advice. However, keep in mind that our hobby does lead to at least some cash at the end. No matter how low the hobby sinks (and I dont think it will ever be like stamps, not in my lifetime anyway) there will still be a method of disposing of our collection for some money at the end. Some will certainly make profit, some will lose big. There are a lot of factors for that and is worthy of a new thread. But unlike many youngsters who prefer experience over tangible assets, we will still have some cash at the end and they will not (and for me collecting coins is the same as having an experience, so its doubly good for me).</p><p><br /></p><p><br /></p><p><br /></p><p>To me this is just silly and is indicative of how low the modern market has sunk. Such things have no value over melt, really. When silver eagles first came out years ago I bought a lot of them, up to about $50 each for "low" mintages. I see most are now valued at under $20. </p><p><br /></p><p><br /></p><p><br /></p><p>I think this has always been the case, for a large part anyway. When I was in my teens in the 80's I was something of an anomaly (for an ancients collector). I went to shows and noted that everyone there was 'old' (like I am now). Sure, there are less younger people now than then, but honestly I think what matters most is financial ability. When people makes gains in their disposable income that is when they turn to hobbies in a more serious manner.[/QUOTE]</p><p><br /></p>
[QUOTE="Ken Dorney, post: 3581655, member: 76086"]This is true and good advice. However, keep in mind that our hobby does lead to at least some cash at the end. No matter how low the hobby sinks (and I dont think it will ever be like stamps, not in my lifetime anyway) there will still be a method of disposing of our collection for some money at the end. Some will certainly make profit, some will lose big. There are a lot of factors for that and is worthy of a new thread. But unlike many youngsters who prefer experience over tangible assets, we will still have some cash at the end and they will not (and for me collecting coins is the same as having an experience, so its doubly good for me). To me this is just silly and is indicative of how low the modern market has sunk. Such things have no value over melt, really. When silver eagles first came out years ago I bought a lot of them, up to about $50 each for "low" mintages. I see most are now valued at under $20. I think this has always been the case, for a large part anyway. When I was in my teens in the 80's I was something of an anomaly (for an ancients collector). I went to shows and noted that everyone there was 'old' (like I am now). Sure, there are less younger people now than then, but honestly I think what matters most is financial ability. When people makes gains in their disposable income that is when they turn to hobbies in a more serious manner.[/QUOTE]
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It's like old and stuff, so its worth thousands!
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