Kid Collectors

Discussion in 'Coin Chat' started by ace71499, Apr 4, 2014.

  1. micbraun

    micbraun coindiccted

    I just turned 32 but when it comes to money and patience I consider myself a kid collector :)
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  3. quarter-back

    quarter-back Active Member

    "Hey guys,
    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."
    vlaha and micbraun like this.

    GDJMSP Numismatist Moderator

    Ace, think about something. There are approximately 300 million people in this country. Maybe, and that's a big maybe, 3 million of them are coin collectors. By my definition the number would probably be closer to 300 thousand coin collectors.

    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.
  5. Westtexasbound

    Westtexasbound Active Member

    How I miss the old Hitler Channel. WWII, the Roman Empire and Civil War.....why have you forsaken me History Channel
    Numis-addict and Windchild like this.
  6. Pilkenton

    Pilkenton almost uncirculated

    I'm a kid collector. I got a basement full of them.

    GDJMSP Numismatist Moderator

    Boy ! Bet it gets expensive trying to feed them. Probably gets pretty noisy at times too :D
  8. micbraun

    micbraun coindiccted

    He didn't say he's feeding them :)

    GDJMSP Numismatist Moderator

    Then it gets really noisy ! A lot !!
    micbraun and green18 like this.
  10. Briguy

    Briguy Collector 4 Life

    When I was a kid metal detecting sparked my interest... thus I eventually became a coin collector. Treasure hunting hooked me into the hobby at a young age.
  11. Numis-addict

    Numis-addict Addicted to coins

    People don't get into collecting by force. My father and the owner of the local pawn shop attempted to get my sister into collecting (the pawn shop guy is a collector, my father merely supported his efforts) by giving her an empty whitman folder for wheaties and letting her fill it with coins that my dad pulled from circulation. My sister never became a collector. The same was not tried on me, and somehow I became a collector anyway. I have always found this interesting, but maybe it is just me.
  12. vlaha

    vlaha Respect. The. Hat.

    +1 WC!
    You've hit the nail right on the head, lack of "Time patience, and money."

    Oh, and the appeal of technology.;)
    Windchild likes this.
  13. PittsburghMom

    PittsburghMom Active Member

    My 10 yr old son got into collecting 2 or 3 yrs ago when he realized that a Morgan he had received from Santa had a special VAM that he could see with his magnifying glass. Somehow Santa had two of the same coins that year and accidentally gave him the special one. Santa has been much more careful since then! :)

    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.
  14. MorganDollarTJ

    MorganDollarTJ Senior Member YN

    i am turning 16 tomorrow and i do. and i have quite the collection because of my mom's generosity, taking me to coin shows and things like that. i have been interested for a couple years now and of course my Morgan dollar collection is the favorite part of my coins and my hobby
    josh's coins likes this.
  15. green18

    green18 Unknown member Sweet on Commemorative Coins Supporter

    Well, an 'early' Happy Birthday to you TJ. More than likely it will keep untill the morrow.......:)
  16. josh's coins

    josh's coins Well-Known Member

    As a young man myself I can say that coin collecting does not appeal to young teenagers and kids because first off. Coins can cost a lot of money and young lads do not have a steady income for the most part until they get a full time job when they are 16 or so. Second reason is even with the money they earn or receive they tend to use it to purchase other things.

    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.
  17. josh's coins

    josh's coins Well-Known Member

    I have found that netflix has a wide variety of interesting documentaries. History is not what it used to be.
  18. Briguy

    Briguy Collector 4 Life

    I'm 41 and I still consider myself a "Kid Collector" cause I still feel like one whenever I walk into a coin shop or a show. :D
    micbraun likes this.
  19. Vegas Vic

    Vegas Vic Undermedicated psychiatric patient

    I was buying slabbed coins when I was 15. I worked at orange Julius in the mall and would spend my money on coins. I had a trade dollar in pcgs ms 60 and got it into a ngc ms62. But the moral of my story is I was young and spending hundreds of dollars on coins
  20. jakchota

    jakchota Active Member

    im 18.. I've started collecting when i was younger like 7-8 my grandfather told me to cut it because its virtually pointless... i asked my mom to save up her change and i always had a small coin folder sorted with pennies from 1909-1995. most were in perfect condition.. i had easy 20-30 of them.. i had some weird looking pennies i had in my old house and when my father moved out.. he had this belief in leaving everything behind and moving out fresh. and now here i am starting all over again, its fun but i have no friends who have interest in it. which sucks, I'm from new york!
  21. I'm 17 and I collect! Got a lot of really cool coins that range from shipwrecked pieces of eight, to the first Morgan dollar!

    Sent from my iPod touch using Tapatalk
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