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<p>[QUOTE="cladking, post: 18766, member: 68"]One of the most fascinating aspects of the entire process is that despite the fact that the aging collector base knows there'll need to be a new generation of collectors over the next couple decades that they often will slam the newbies and their collections. While this may not be as prevalent as it was a few years ago, it still occurs. There are many obstacles to collecting most of the moderns and being told your coins are junk can not be any help in overcoming them. </p><p><br /></p><p>Ironically there are so few who collect moderns that the numbers of people collecting these will probably increase whether there are any newbies or not. It isn't the modern markets which are wholly dependent on getting a new generation of collectors, it is the classic markets!! Yet it is the always classic collectors who belittle the moderns coins which attract many newbies and some newbies collect exclusively. It's almost as though many people would prefer to see all coin collecting diminish rather than see people collecting moderns. </p><p><br /></p><p>Much of the upturn in the US market is caused by a return of baby boomers (ages 40 to 58) to the hobby. These are people who collected coins in their youth and whose attention was again drawn to coins by the states quarters. Very few of these people have any interest in moderns. Most are collecting the same coins they did as youngsters. Many are expanding to include older coins.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 18766, member: 68"]One of the most fascinating aspects of the entire process is that despite the fact that the aging collector base knows there'll need to be a new generation of collectors over the next couple decades that they often will slam the newbies and their collections. While this may not be as prevalent as it was a few years ago, it still occurs. There are many obstacles to collecting most of the moderns and being told your coins are junk can not be any help in overcoming them. Ironically there are so few who collect moderns that the numbers of people collecting these will probably increase whether there are any newbies or not. It isn't the modern markets which are wholly dependent on getting a new generation of collectors, it is the classic markets!! Yet it is the always classic collectors who belittle the moderns coins which attract many newbies and some newbies collect exclusively. It's almost as though many people would prefer to see all coin collecting diminish rather than see people collecting moderns. Much of the upturn in the US market is caused by a return of baby boomers (ages 40 to 58) to the hobby. These are people who collected coins in their youth and whose attention was again drawn to coins by the states quarters. Very few of these people have any interest in moderns. Most are collecting the same coins they did as youngsters. Many are expanding to include older coins.[/QUOTE]
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