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What do you predict will be great coins to collect now for 50 years in the future?
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<p>[QUOTE="beef1020, post: 2913508, member: 24544"]Interesting question, I honestly don't even fully understand what you are asking. If you are asking what coins will be popular in 50 years, I have two answers, one specific and the other general. They are predicated on two different ideas, first that coins specifically, and physical money in general, will not be in use in 50 years. Second, the shift in focus on hobbies has gone from wide and shallow to narrow and deep. The days of general collectors, or even type collectors is ending. People are focusing much more intensely on a narrow range of coins. Take VAMs in Morgan dollars, or even the die marriage study on Lincoln cents as an example. This trend is visible across all hobbies right now not just coins, smaller and smaller numbers of people are joining hobbies, but those that do are focusing much more intensely.</p><p><br /></p><p>Specifically, I believe the coins that have large, active collector bases will continue to be popular. Here I'm looking at colonial, large cent, half cent, bust halves, maybe add VAM Morgans in here. These series have organized, dedicated amateur collection groups which I believe will continue the tradition of collection interest. The more research they generate, and camaraderie they inspire, the more they will appeal to those narrow/deep collectors that come along in the future. Further, there will be no gateway coins, so things like Lincoln cents won't have much nostalgic influence on what people collect.</p><p><br /></p><p>Generally speaking, I believe most modern coinage is just not scarce enough to be highly collectible, or generate much interest, combined with the eventual loss of nostalgia from people collecting from circulation, because coins don't circulate, I just don't think much of the current modern coinage will hold up. </p><p><br /></p><p>Another general trend, and one we've already seen, is a focus on original surfaces. I believe focus on value and making money in the coin market has lead a lot of people to try to improve coins in one way or another. So much so that I believe the number of coins being preserved in their original state is diminishing each year. For example, when the difference between a brown cent and a red brown cent can sometimes mean twice the money, the incentive to try to alter those brown cents gets quite large. </p><p><br /></p><p>TL<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />R: I believe classic coins that have been popular for many years, i.e. large cents, Morgans, early half dollars, will still be popular, and the focus will continue to be on original specimens with patina.[/QUOTE]</p><p><br /></p>
[QUOTE="beef1020, post: 2913508, member: 24544"]Interesting question, I honestly don't even fully understand what you are asking. If you are asking what coins will be popular in 50 years, I have two answers, one specific and the other general. They are predicated on two different ideas, first that coins specifically, and physical money in general, will not be in use in 50 years. Second, the shift in focus on hobbies has gone from wide and shallow to narrow and deep. The days of general collectors, or even type collectors is ending. People are focusing much more intensely on a narrow range of coins. Take VAMs in Morgan dollars, or even the die marriage study on Lincoln cents as an example. This trend is visible across all hobbies right now not just coins, smaller and smaller numbers of people are joining hobbies, but those that do are focusing much more intensely. Specifically, I believe the coins that have large, active collector bases will continue to be popular. Here I'm looking at colonial, large cent, half cent, bust halves, maybe add VAM Morgans in here. These series have organized, dedicated amateur collection groups which I believe will continue the tradition of collection interest. The more research they generate, and camaraderie they inspire, the more they will appeal to those narrow/deep collectors that come along in the future. Further, there will be no gateway coins, so things like Lincoln cents won't have much nostalgic influence on what people collect. Generally speaking, I believe most modern coinage is just not scarce enough to be highly collectible, or generate much interest, combined with the eventual loss of nostalgia from people collecting from circulation, because coins don't circulate, I just don't think much of the current modern coinage will hold up. Another general trend, and one we've already seen, is a focus on original surfaces. I believe focus on value and making money in the coin market has lead a lot of people to try to improve coins in one way or another. So much so that I believe the number of coins being preserved in their original state is diminishing each year. For example, when the difference between a brown cent and a red brown cent can sometimes mean twice the money, the incentive to try to alter those brown cents gets quite large. TL:DR: I believe classic coins that have been popular for many years, i.e. large cents, Morgans, early half dollars, will still be popular, and the focus will continue to be on original specimens with patina.[/QUOTE]
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