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<p>[QUOTE=&quot;CoinBlazer, post: 3461690, member: 94776&quot;]The development of social media has a tremendous effect on numismatics today. Instagram, Facebook and Twitter have become major platforms for Numismatists, collectors and businesses. I would like to express some information to you regarding this topic.</p><p><br /></p><p>If you take a look on Instagram, a huge factor is that many people buy and sell through posts. They will post a coin, name a price, and the negotiations begin in the Direct Messages section. I find this method of sales to be risky. Instagram is not a sales platform, and for that reason, Instagram has no intervening power if you sell something through Instagram and the deal goes bad. Everything is sold at your own risk. Personally I do not wish to accept this risk and I do not purchase from Instagram sales. Instagram is great for numismatics because Instagram is specifically designed for pictures and videos.</p><p><br /></p><p>There is also sales groups on Facebook, though this is usually more regulated through the Facebook marketplace. This is a safer alternative to Instagram sales. There are plenty of groups on Facebook devoted to coins.</p><p><br /></p><p>The last major one is Twitter, Twitter is not commonly used for sales, but many companies actually use twitter for the advertisement ability, specifically the “promotion” program, where a company can turn their posts into mass audience ads.</p><p><br /></p><p>There is also Reddit, Quora and other sites. Many of these have small followings and have little to compete with the major sites listed above.</p><p><br /></p><p>As for social media, I have a Facebook, Instagram, Twitter, Reddit, Quora, Snapchat. My Instagram, Twitter and Reddit are Numismatic focused, while my others are for personal use.</p><p><br /></p><p>I can elaborate on any of these if you have any questions or comments.[/QUOTE]</p><p><br /></p>

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