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<p>[QUOTE="KSorbo, post: 3738070, member: 56370"]I am seeing a common thread in this conversation, that young people became interested in numismatics after being given a coin that was old and was something that they weren’t used to seeing, such as a Liberty nickel or Franklin half. It was the same way for me. I’ll never forget finding my first wheat penny.</p><p><br /></p><p>This leads to my next point, that the proliferation of overhyped crap in recent years (slabbed bullion with special stickers, NCLT issues from obscure countries, modern commemoratives with marketing gimmicks, etc.) is not what will get new people into the hobby and keep them interested. It’s the coins that previous generations actually used that will always be the mainstay of numismatics. I think there will always be people who start with a wheat penny or Franklin half, and then branch off into Seated coins or large cents, and then if they have the financial means will go after early American pieces, or other types of interesting stuff that is genuinely scarce or rare.</p><p><br /></p><p>A good comparison would be the baseball card market. It’s no wonder the bottom fell out of the mass produced material from the 80s and 90s, and I think we are in for a similar situation with most modern coins that will never be scarce or rare. But just as the vintage cards have held their value, I’m confident that classic coins will always be in demand. There aren’t that many of them left and therefore it doesn’t require as many people to maintain a market for them.[/QUOTE]</p><p><br /></p>
[QUOTE="KSorbo, post: 3738070, member: 56370"]I am seeing a common thread in this conversation, that young people became interested in numismatics after being given a coin that was old and was something that they weren’t used to seeing, such as a Liberty nickel or Franklin half. It was the same way for me. I’ll never forget finding my first wheat penny. This leads to my next point, that the proliferation of overhyped crap in recent years (slabbed bullion with special stickers, NCLT issues from obscure countries, modern commemoratives with marketing gimmicks, etc.) is not what will get new people into the hobby and keep them interested. It’s the coins that previous generations actually used that will always be the mainstay of numismatics. I think there will always be people who start with a wheat penny or Franklin half, and then branch off into Seated coins or large cents, and then if they have the financial means will go after early American pieces, or other types of interesting stuff that is genuinely scarce or rare. A good comparison would be the baseball card market. It’s no wonder the bottom fell out of the mass produced material from the 80s and 90s, and I think we are in for a similar situation with most modern coins that will never be scarce or rare. But just as the vintage cards have held their value, I’m confident that classic coins will always be in demand. There aren’t that many of them left and therefore it doesn’t require as many people to maintain a market for them.[/QUOTE]
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