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<p>[QUOTE=&quot;beef1020, post: 2392162, member: 24544&quot;]I am on the coins+investment=bad idea train, mostly because I don&#039;t want to subject my hobby to that much work, I want to buy what I like not what I think other people might like.&nbsp; I also know myself too well, and I know that thinking about coins as an investment is an all to easy way to justify overspending.</p><p><br /></p><p>Secondly, I just really don&#039;t think future generations are going to collect coins in nearly the same numbers as the baby boomers did, and they are the ones under girding the current market.&nbsp; When they age out of collecting I think the market will devalue quite a bit.&nbsp; This generation had a strong emotional attachment to coins and collecting that I just don&#039;t see being repeated in kids today, which is from my experience failing to get my three kids into collecting.&nbsp; As an example, many of the auction catalogs start with a bit of background on the collector who is selling the coins, and almost all of those contain a story about some menial (news paper delivery/cutting lawns/etc.) job done between 8-12 years old where they received change as payment and started collecting.&nbsp; Collecting for baby boomers is a way to emotionally re-live their childhood, and achieve something they dreamed about as kids (owning that 1909 s-vdb).&nbsp; Without that type of early emotional attachment to collecting I doubt how many kids today will make it a hobby in 30-40 years.</p><p><br /></p><p>Lastly, coins are a last sucker investment.&nbsp; Unlike real-estate or stocks which generate income streams and have tangible assets behind them, coins have no intrinsic value.&nbsp; I can live in my rental property, I can&#039;t do anything with my large cents...[/QUOTE]</p><p><br /></p>

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