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<p>[QUOTE="CoinCatMan, post: 3916987, member: 101622"]Hi folks,</p><p><br /></p><p>I have a weird roundabout way of getting into the coin industry that I thought I would share and give some perspective from a millennial point of view to this conversation.</p><p><br /></p><p>First off, I created my first website at a very young age and actually was on a "forum owner message board" with the owner of this very website when I was 13. At the time, coins did not seem cool or appealing and they seemed very overpriced. I actually did check out this site way back then, and remember scrolling through the photos. I was young and did not understand the industry.</p><p><br /></p><p>Flash back to now and I am a tech industry millennial in my late 20s. I did not buy my first coin until I bought a slabbed PCGS 1795 plain edge as a gift for my girlfriend lsat year who collected pennies growing up. Pricey gift, but worth all the pennies (pun intended). It's a cool gift since collectible type gifts are so foreign to us millennial now (we are taught not to own a car, but to uber -- not to own a house, but to rent)</p><p><br /></p><p>Once the slabbed coin arrived, I thought it was really cool. But it wasn't until about 6 months ago that I saw some YouTube videos of Silver Stackers talking about ASE and saw some slabs - which reminded me of the gift I gave my girlfriend. Then, the recommended playlist showed "The Coin Geek" who is a coinshop owner in Tucson I believe discussing coins.</p><p><br /></p><p>After watching some more videos and really diving in I really started looking into the market more. I have never visited a coin shop and still haven't to this day. I have never been a coin show meet up. All of my transactions have taken place on dealer sites and eBay. I have bought over 1,000 slabbed coins in the last 6 months.</p><p><br /></p><p>Why? Because the prices are damn cheap. There has almost NEVER been a better time to buy in my lifetime. I have a decent stock/brokerage portfolio, but I balance my portfolio with coins. They are quite fluid. I can get a 2,300 mintage proof 1888 coin for like $300 on eBay right now. Meanwhile, 2019 W Reverse Proof ASE is going for $3,000 - insanity.</p><p><br /></p><p>There are some really good deals to be had on the older stuff, from my viewpoint. Last thought is, my generation understands how like every system is so vulnerable to getting hacked. I constantly get noticed that my information was exposed, my account was hacked, etc. In this world of hacking, having physical possession of assets with some of my net worth is quite enticing - especially since coinage is so fluid now with the advent of eBay.</p><p><br /></p><p>Hopefully this millennial's perspective was helpful. I'm going to continue buying heavily, slabbed coins, over the next 6 months. And hoping to learn a lot more as well. I would love to go to some coin shows or hang out at a LCS, but unfortunately my schedule does not permit this. One day hopefully!</p><p><br /></p><p>One more thing to add is how YouTube is helping really complex industries and topics thrive. Off Grid Living is HUGE on YouTube. There is so much to learn about it. Coins are QUITE complex for newbies, but newer folks such as The Coin Geek on youtube are making it easier to understand - which will ultimately drive more folks into this industry - guarantee it.[/QUOTE]</p><p><br /></p>
[QUOTE="CoinCatMan, post: 3916987, member: 101622"]Hi folks, I have a weird roundabout way of getting into the coin industry that I thought I would share and give some perspective from a millennial point of view to this conversation. First off, I created my first website at a very young age and actually was on a "forum owner message board" with the owner of this very website when I was 13. At the time, coins did not seem cool or appealing and they seemed very overpriced. I actually did check out this site way back then, and remember scrolling through the photos. I was young and did not understand the industry. Flash back to now and I am a tech industry millennial in my late 20s. I did not buy my first coin until I bought a slabbed PCGS 1795 plain edge as a gift for my girlfriend lsat year who collected pennies growing up. Pricey gift, but worth all the pennies (pun intended). It's a cool gift since collectible type gifts are so foreign to us millennial now (we are taught not to own a car, but to uber -- not to own a house, but to rent) Once the slabbed coin arrived, I thought it was really cool. But it wasn't until about 6 months ago that I saw some YouTube videos of Silver Stackers talking about ASE and saw some slabs - which reminded me of the gift I gave my girlfriend. Then, the recommended playlist showed "The Coin Geek" who is a coinshop owner in Tucson I believe discussing coins. After watching some more videos and really diving in I really started looking into the market more. I have never visited a coin shop and still haven't to this day. I have never been a coin show meet up. All of my transactions have taken place on dealer sites and eBay. I have bought over 1,000 slabbed coins in the last 6 months. Why? Because the prices are damn cheap. There has almost NEVER been a better time to buy in my lifetime. I have a decent stock/brokerage portfolio, but I balance my portfolio with coins. They are quite fluid. I can get a 2,300 mintage proof 1888 coin for like $300 on eBay right now. Meanwhile, 2019 W Reverse Proof ASE is going for $3,000 - insanity. There are some really good deals to be had on the older stuff, from my viewpoint. Last thought is, my generation understands how like every system is so vulnerable to getting hacked. I constantly get noticed that my information was exposed, my account was hacked, etc. In this world of hacking, having physical possession of assets with some of my net worth is quite enticing - especially since coinage is so fluid now with the advent of eBay. Hopefully this millennial's perspective was helpful. I'm going to continue buying heavily, slabbed coins, over the next 6 months. And hoping to learn a lot more as well. I would love to go to some coin shows or hang out at a LCS, but unfortunately my schedule does not permit this. One day hopefully! One more thing to add is how YouTube is helping really complex industries and topics thrive. Off Grid Living is HUGE on YouTube. There is so much to learn about it. Coins are QUITE complex for newbies, but newer folks such as The Coin Geek on youtube are making it easier to understand - which will ultimately drive more folks into this industry - guarantee it.[/QUOTE]
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