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<p>[QUOTE=&quot;GoldFinger1969, post: 10212039, member: 73489&quot;]Wow, did you say this before?&nbsp; If so, I missed it.</p><p><br /></p><p>I&#039;m surprised to hear you say that.&nbsp; <b>There is SO MUCH more to do today than in the 1950&#039;s-1970&#039;s that EVERYTHING we grew up with</b> -- Cub Scouts, playing baseball and other sports in the neighborhood, Little League, after-school activities -- it all seems to have been replaced by social media, smartphones, and online video games (not to mention fantasy/gambling stuff for non-teens).<b><i><span style="color: #00b300">This is an EXCELLENT point and it sheds light on why you said what you did about &quot;not much difference&quot; now vs. 1950&#039;s, etc.</span></i></b></p><p><br /></p><p>Great point...gotta admit I didn&#039;t think of this.</p><p>Yup, excellent observation.&nbsp; However....</p><p><b><i>But then what explains the HUGE drops in other coins like Franklins and Commemoratives ?&nbsp; </i></b>There isn&#039;t any more supply of them being created....you must have had a dropoff in demand to induce lower prices, right ?</p><p><br /></p><p>I&#039;m sure we have had threads similar to the ones at CU talking about how Franklins and other types got SLAMMED in the 2008-20 period.&nbsp; If not, I&#039;m sure you are aware of the points made.</p><p><br /></p><p>The declines there appear MUCH LARGER than for Lincoln cents or Morgan SDs.&nbsp; Right ?</p><p>Agreed...the difference there is even if you spend $5,000 or $10,000 on a gold coin...you have the (current) floor of about $2,000 in gold bullion.&nbsp; Buy less-expensive, less-numismatic coins and your downside is even less.</p><p><br /></p><p>As a gold coin collector (when I can afford it <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />) I get the cost angle.</p><p>I guess the $64,000 Question is:&nbsp; <i>does the ease of online information and bidding/auctions makes pursuing this hobby EASIER than 25 or 50 or 75 years ago....does that offset all the other leisure options/activities today&#039;s youth and young adults have ?</i></p><p><br /></p><p><b>Another not-discussed demographic headwind could be immigrants today vs. 75 or 100 years ago. </b> I don&#039;t see too many Hispanic or Asian dealers or buyers at local shows.&nbsp; They seem more into NFTs, Crypto, and day trading.<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie3" alt=":(" unselectable="on" unselectable="on" /></p><p><br /></p><p>I hope it changes.[/QUOTE]</p><p><br /></p>

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