Discussion in 'Coin Chat' started by ace71499, Apr 4, 2014.
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Just wanted to know why there aren't many kid collectors."
I had two but managed to unload them. Nowhere near to recouping my investment.
The problem is that TPGs don't slab them. Once PKGS gets up and running, the action will pick up. Then all we'll hear is "Don't buy the slab, buy the kid."
Now that's a tiny, tiny, percentage of the population to begin with. And that is partly because coin collecting is a hobby that requires a lot of work, a lot time and study. Most people are simply too lazy to put that much effort into a hobby, they don't find it worth the effort. With kids that is even more magnified, even fewer kids find it worth it, or enough fun. When they're young they'd rather be out playing and doing active things. When they get a little older they'd rather be chasing girls, or girls chasing boys. And when they get a little older still there's a young family and work to think of, those things come first. Then college for the kids, so during those times money is an issue, not enough to go round.
So it is only when they get older and all of those things are over with that people turn to coin collecting in a serious way. It's been that way since the first collectors and it will always be that way. Just the nature of things.
How I miss the old Hitler Channel. WWII, the Roman Empire and Civil War.....why have you forsaken me History Channel
Boy ! Bet it gets expensive trying to feed them. Probably gets pretty noisy at times too
You've hit the nail right on the head, lack of "Time patience, and money."
Oh, and the appeal of technology.
He seems to prefer error coins most and has been requesting an offset Lincoln recently. As other people have already mentioned, I think the key to getting kids involved in collecting is just to show them a few different coins/errors and see if any draw them in.
My Godfather bought me a few sets the day I was born and then my Father gave me some of his coins. Throughout the years. It was not until I was 17 years old that I had really started to buy my own coins.It all began when I was buying Morgan Dollars from leftover lunch money my parents gave me. After that I got a full time job working $8/HR and put aside more money for coins and the rest is history.
Usually for a kid to get interested in coins they have to have parents or family members close to them that express there interest in the coin collecting hobby.
I have found that netflix has a wide variety of interesting documentaries. History is not what it used to be.
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