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Now I Am Getting Worried.... The Future Of Our Hobby
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<p>[QUOTE="Michael K, post: 3696969, member: 78298"]It was much more popular in the 50's, 60's etc.</p><p>Tastes change. Sure there are still youngsters who are interested in it, but</p><p>it's a very small demographic and it is a dying hobby.</p><p>LCS's keep closing and blaming EBay. So you say, well the hobby is still alive,</p><p>look at EBay. 99% of that traffic is only interested in making money. They don't</p><p>care about the hobby. The lack of older coins in circulation, and the movement</p><p>towards more electronic payments and less cash transactions doom this hobby to the dinosaurs.</p><p>Even your high end auctions, Heritage and million dollar coins, 90% of the time these people are looking to sell their investment in a few years at an outrageous profit. Evidenced by the fact that you see the same exact coins for sale every year for more and more money. That is not keeping the hobby alive as only the very elite can afford those coins.</p><p>The State quarter program brought people into the hobby, but when they found out later their coins are worth face value, they lost interest.[/QUOTE]</p><p><br /></p>
[QUOTE="Michael K, post: 3696969, member: 78298"]It was much more popular in the 50's, 60's etc. Tastes change. Sure there are still youngsters who are interested in it, but it's a very small demographic and it is a dying hobby. LCS's keep closing and blaming EBay. So you say, well the hobby is still alive, look at EBay. 99% of that traffic is only interested in making money. They don't care about the hobby. The lack of older coins in circulation, and the movement towards more electronic payments and less cash transactions doom this hobby to the dinosaurs. Even your high end auctions, Heritage and million dollar coins, 90% of the time these people are looking to sell their investment in a few years at an outrageous profit. Evidenced by the fact that you see the same exact coins for sale every year for more and more money. That is not keeping the hobby alive as only the very elite can afford those coins. The State quarter program brought people into the hobby, but when they found out later their coins are worth face value, they lost interest.[/QUOTE]
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