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<p>[QUOTE="Juan Blanco, post: 1677127, member: 41665"]Can someone tell me WHY Harley-Davidson started hiding the data/truth about the dramatically aging ridership of it's bikes? <a href="http://www.cnbc.com/id/100569945" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.cnbc.com/id/100569945" rel="nofollow">http://www.cnbc.com/id/100569945</a></p><p>"{UBS Robin} Farley believes that the decline in retail sales is more than just a cyclical trough and is tied to a changing demographic trend—the average rider is aging. <b>Farley notes that the <u>Harley stopped disclosing the average age of the rider in 2008</u> but that the average had been climbing even before then.</b> In 2008, the average rider was 48 years old, up from 46.1 years in 1999.</p><p><br /></p><p>Could it be the SAME REASON the coin industry rags won't detail the truth, what's happening to the US numismatic market? Does anyone really believe these demographic numbers are completely unknown in the coin trade??? Will anyone provide those demographic #s here, for ALL to examine? No, that's a closely guarded secret. </p><p><br /></p><p>The general sketch here is, I think, correct. </p><p><br /></p><p><a href="http://forums.collectors.com/messageview.cfm?catid=26&threadid=882680" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://forums.collectors.com/messageview.cfm?catid=26&threadid=882680" rel="nofollow">http://forums.collectors.com/messageview.cfm?catid=26&threadid=882680</a></p><p><font size="2">>>State quarters are #1 in terms of number of collectors, but 99.9% of them are collecting at face value. For U.S. numismatic coins, Lincoln cents are #1 in terms of number of collectors. In terms of dollar value of slabbed coins Morgans dollars and $20 Saints are about equal, with each at 35% to 40% of total market cap of all slabbed coins. <span style="color: #ff0000">edited</span> <<</font></p><p><font size="2"><br /></font></p><p><font size="2"></font><font size="2"><a href="http://forums.collectors.com/messageview.cfm?catid=26&threadid=835128&STARTPAGE=1" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://forums.collectors.com/messageview.cfm?catid=26&threadid=835128&STARTPAGE=1" rel="nofollow">http://forums.collectors.com/messageview.cfm?catid=26&threadid=835128&STARTPAGE=1</a></font></p><p><font size="2">>>Collecting tends to be a life long pursuit. Where the influx of new young collectors normally rises and falls with demographics in this particular case there were almost no new collectors at all added to the ranks between 1965 and 1998. <span style="color: #ff0000">edited</span> <<</font>This data is nearly a decade old. <a href="http://www.harryrinker.com/col-978.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.harryrinker.com/col-978.html" rel="nofollow">http://www.harryrinker.com/col-978.html</a></p><p>>></p><p>Demographic profiles by item purchased were presented for five subcategories—antique furnishings, coins, comics, sports memorabilia, and toys. <b>The average mean age for </b>comic <b>collectors was</b> 40, sports memorabilia 44, toys 45, antique furnishings 48, and <b>coins 53.</b> <span style="color: #ff0000">edited</span><<</p><p><br /></p><p>In 2012, Heritage now reports ~200,000 serious collectors, CoinWorld counts 2,000,000. Folks, that's almost exactly where the market was in 1990, twenty years ago. According to US Mint #s, 2.70% of the US population was collecting in 1978 .... down to 0.74% in 1998. </p><p><br /></p><p><a href="http://coins.ha.com/ref/demographics.zx" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/ref/demographics.zx" rel="nofollow">http://coins.ha.com/ref/demographics.zx</a></p><p>Following the 1989 Investor's Death Spike in Morgans (now, ~35% of the slabbed market?) it's not surprising that 45% of US coin collectors paid > USD$ 1,000. "annually" back in 1989. They bought hype. If we can assume that US Mint Director's #s for 1998 correct, total US coin collectors in 1990 ~4 mln, with 1,800,000 ">$1k annual collectors" then the CoinWorld stat is about flat. (Adjusting for PM increases, the picture only gets worse.)[/QUOTE]</p><p><br /></p>
[QUOTE="Juan Blanco, post: 1677127, member: 41665"]Can someone tell me WHY Harley-Davidson started hiding the data/truth about the dramatically aging ridership of it's bikes? [URL]http://www.cnbc.com/id/100569945[/URL] "{UBS Robin} Farley believes that the decline in retail sales is more than just a cyclical trough and is tied to a changing demographic trend—the average rider is aging. [B]Farley notes that the [U]Harley stopped disclosing the average age of the rider in 2008[/U] but that the average had been climbing even before then.[/B] In 2008, the average rider was 48 years old, up from 46.1 years in 1999. Could it be the SAME REASON the coin industry rags won't detail the truth, what's happening to the US numismatic market? Does anyone really believe these demographic numbers are completely unknown in the coin trade??? Will anyone provide those demographic #s here, for ALL to examine? No, that's a closely guarded secret. The general sketch here is, I think, correct. [URL]http://forums.collectors.com/messageview.cfm?catid=26&threadid=882680[/URL] [SIZE=2]>>State quarters are #1 in terms of number of collectors, but 99.9% of them are collecting at face value. For U.S. numismatic coins, Lincoln cents are #1 in terms of number of collectors. In terms of dollar value of slabbed coins Morgans dollars and $20 Saints are about equal, with each at 35% to 40% of total market cap of all slabbed coins. [COLOR=#ff0000]edited[/COLOR] << [/SIZE][SIZE=2][URL]http://forums.collectors.com/messageview.cfm?catid=26&threadid=835128&STARTPAGE=1[/URL] >>Collecting tends to be a life long pursuit. Where the influx of new young collectors normally rises and falls with demographics in this particular case there were almost no new collectors at all added to the ranks between 1965 and 1998. [COLOR=#ff0000]edited[/COLOR] <<[/SIZE]This data is nearly a decade old. [URL]http://www.harryrinker.com/col-978.html[/URL] >> Demographic profiles by item purchased were presented for five subcategories—antique furnishings, coins, comics, sports memorabilia, and toys. [B]The average mean age for [/B]comic [B]collectors was[/B] 40, sports memorabilia 44, toys 45, antique furnishings 48, and [B]coins 53.[/B] [COLOR=#ff0000]edited[/COLOR]<< In 2012, Heritage now reports ~200,000 serious collectors, CoinWorld counts 2,000,000. Folks, that's almost exactly where the market was in 1990, twenty years ago. According to US Mint #s, 2.70% of the US population was collecting in 1978 .... down to 0.74% in 1998. [URL]http://coins.ha.com/ref/demographics.zx[/URL] Following the 1989 Investor's Death Spike in Morgans (now, ~35% of the slabbed market?) it's not surprising that 45% of US coin collectors paid > USD$ 1,000. "annually" back in 1989. They bought hype. If we can assume that US Mint Director's #s for 1998 correct, total US coin collectors in 1990 ~4 mln, with 1,800,000 ">$1k annual collectors" then the CoinWorld stat is about flat. (Adjusting for PM increases, the picture only gets worse.)[/QUOTE]
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