Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
The State of Coin collecting amongst youngsters?
>
Reply to Thread
Message:
<p>[QUOTE="RexLuna, post: 119912, member: 5181"]Just thought I would throw in my perspective. I am 25 and just started looking into coins about a month ago. I have very little disposable income. And so far I have spent more on coin books than on coins. I think I am drawn to coins mainly as a vehicle to save money for the long term… </p><p>but being as I don’t know any one even close to my age that is interested in coin collecting, I guess my question is what keeps the prices of certain coins up? Is it simply because they have a low mintage and people want them? What happens when all the old guys start dieing off? There kids go through and start selling off all the hordes off coins? No new collectors, means no new demand, means low prices. As I see it, once this happens then the coins are mostly just worth there metal content.</p><p>Maybe I am wrong. I hope I am. But if you guys are not around to want my coins who will be? </p><p>Do I only want an expensive coin because it is expensive? Do I just hope that at some point someone will want it more? And pay more?</p><p> I do appreciate the history, but what makes a person pay $15,000 for $10 worth of silver? When that exact coin with a different minuscule mark can be picked up for $12?</p><p><br /></p><p>I looked up coin dealers in my area on mapquest and it found 30 with in 25 miles of me. Of those 5 are still open. Is the hobby dieing or is it just a bad time for the economy?</p><p><br /></p><p>I still have a lot of reading to do, but it seems the more I look into coins the less safe it looks. (like beta tapes. No one bought them, because no one they new had one)[/QUOTE]</p><p><br /></p>
[QUOTE="RexLuna, post: 119912, member: 5181"]Just thought I would throw in my perspective. I am 25 and just started looking into coins about a month ago. I have very little disposable income. And so far I have spent more on coin books than on coins. I think I am drawn to coins mainly as a vehicle to save money for the long term… but being as I don’t know any one even close to my age that is interested in coin collecting, I guess my question is what keeps the prices of certain coins up? Is it simply because they have a low mintage and people want them? What happens when all the old guys start dieing off? There kids go through and start selling off all the hordes off coins? No new collectors, means no new demand, means low prices. As I see it, once this happens then the coins are mostly just worth there metal content. Maybe I am wrong. I hope I am. But if you guys are not around to want my coins who will be? Do I only want an expensive coin because it is expensive? Do I just hope that at some point someone will want it more? And pay more? I do appreciate the history, but what makes a person pay $15,000 for $10 worth of silver? When that exact coin with a different minuscule mark can be picked up for $12? I looked up coin dealers in my area on mapquest and it found 30 with in 25 miles of me. Of those 5 are still open. Is the hobby dieing or is it just a bad time for the economy? I still have a lot of reading to do, but it seems the more I look into coins the less safe it looks. (like beta tapes. No one bought them, because no one they new had one)[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
The State of Coin collecting amongst youngsters?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...