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<p>[QUOTE="NovembersDoom6, post: 3709587, member: 105392"]Seems the hobby has had a bit of a downturn. In a few years it may be back up. I personally don't see it really coming close to disappearing or becoming irrelevant to the point where most of our coins lose a huge percentage of their value and become very difficult to sell. Sure a lot of coins have been decreasing in value lately, but if you have something truly unique or rare or just plain beautiful, there's more than likely a pretty healthy market for it somewhere, even if not right in your hometown. But in the age of the Internet, does geography really even matter much anymore? It may not sell right away, but more than likely it has quite a bit of value that I don't see vanishing anytime soon. I think so long as we try to be frugal and smart about what we buy, we'll do okay and be able to retain most of the value of our coins. As for the hobby/fun side of collecting, I think that's more just a human thing, some people will always find it cool to collect things and coins seem to be a natural draw for many who are collecting-inclined. So many different countries, eras, years, designs, shapes, colors, materials -- there's always going to be something that draws people in and keeps the hobby afloat even if it's not some huge cultural phenomenon. But then, I'm not sure it ever really was. And many of those will stick with it, including kids, who often pick it back up in adulthood.</p><p><br /></p><p>As a kid, when I got started collecting, I never really took it too seriously. I read a couple coin books and did some research on primitive '90s and early '00s websites, but I never really had the focus or allowance to put together a type set or buy silver or anything like that. I don't even remember really thinking about the precious metals aspect. I would buy bulk circulated world coin lots on eBay and I thought that was the coolest thing ever, going through and looking at all the different countries and shapes and sizes and just all the variety and the cool/interesting factor of it all, despite it all being what most of us as grown ups would now consider worthless circulated crap. Didn't cross my mind at the time that for the amount I spent on 5 pounds of random world coins, I could buy one Morgan dollar or something "valuable" and "desirable" like that. Why buy one coin when i can buy 500? Sounds boring! I was just a kid having fun, drawn to the fun factor of the hobby, but here I am a decade and a half later just now rediscovering the hobby and getting back into it. Now I'm trying to actually start building a decent collection with good coins that I think will hold their value decently and by the time I am old and have family to leave my collection to, I plan on having a really nice collection. Had I not got started just toying around with cheap crap as a kid, I probably would never have got into collecting now as an adult.</p><p><br /></p><p>So I get it. It's a good thing for kids to be interested in early collecting behavior like this. And so many kids don't seem to have the attention span or interest anymore, which affects the adult population down the road. But still, I think there will always be enough kids interested, like I was even in the early Internet era, that there will be enough that pick it back up later in life, such as I recently have. I do what I can to try and get kids interested, I'll give out cool little coins and trinkets here and there. I think that's important to do. I don't have kids of my own, but I try to give out cool things like that when I can. The hobby will survive, but I do understand a lot of the anxiety about its future.[/QUOTE]</p><p><br /></p>
[QUOTE="NovembersDoom6, post: 3709587, member: 105392"]Seems the hobby has had a bit of a downturn. In a few years it may be back up. I personally don't see it really coming close to disappearing or becoming irrelevant to the point where most of our coins lose a huge percentage of their value and become very difficult to sell. Sure a lot of coins have been decreasing in value lately, but if you have something truly unique or rare or just plain beautiful, there's more than likely a pretty healthy market for it somewhere, even if not right in your hometown. But in the age of the Internet, does geography really even matter much anymore? It may not sell right away, but more than likely it has quite a bit of value that I don't see vanishing anytime soon. I think so long as we try to be frugal and smart about what we buy, we'll do okay and be able to retain most of the value of our coins. As for the hobby/fun side of collecting, I think that's more just a human thing, some people will always find it cool to collect things and coins seem to be a natural draw for many who are collecting-inclined. So many different countries, eras, years, designs, shapes, colors, materials -- there's always going to be something that draws people in and keeps the hobby afloat even if it's not some huge cultural phenomenon. But then, I'm not sure it ever really was. And many of those will stick with it, including kids, who often pick it back up in adulthood. As a kid, when I got started collecting, I never really took it too seriously. I read a couple coin books and did some research on primitive '90s and early '00s websites, but I never really had the focus or allowance to put together a type set or buy silver or anything like that. I don't even remember really thinking about the precious metals aspect. I would buy bulk circulated world coin lots on eBay and I thought that was the coolest thing ever, going through and looking at all the different countries and shapes and sizes and just all the variety and the cool/interesting factor of it all, despite it all being what most of us as grown ups would now consider worthless circulated crap. Didn't cross my mind at the time that for the amount I spent on 5 pounds of random world coins, I could buy one Morgan dollar or something "valuable" and "desirable" like that. Why buy one coin when i can buy 500? Sounds boring! I was just a kid having fun, drawn to the fun factor of the hobby, but here I am a decade and a half later just now rediscovering the hobby and getting back into it. Now I'm trying to actually start building a decent collection with good coins that I think will hold their value decently and by the time I am old and have family to leave my collection to, I plan on having a really nice collection. Had I not got started just toying around with cheap crap as a kid, I probably would never have got into collecting now as an adult. So I get it. It's a good thing for kids to be interested in early collecting behavior like this. And so many kids don't seem to have the attention span or interest anymore, which affects the adult population down the road. But still, I think there will always be enough kids interested, like I was even in the early Internet era, that there will be enough that pick it back up later in life, such as I recently have. I do what I can to try and get kids interested, I'll give out cool little coins and trinkets here and there. I think that's important to do. I don't have kids of my own, but I try to give out cool things like that when I can. The hobby will survive, but I do understand a lot of the anxiety about its future.[/QUOTE]
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