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<p>[QUOTE="ewomack, post: 2809610, member: 15588"]I don't think the hobby will ever disappear completely, but I think it will fade. When, and if, the digital economy comes to full fruition, people won't see or use coins anymore. It will take collectors to introduce people, especially young people, to them. Kids won't have change to fascinate them. They won't come across something interesting in their pockets. This will sound strange, but if the SBA dollar hadn't been released I may have never started collecting. A very young me found that new thing in change utterly entrancing. This made me curious about the other chunks of metal I always carried around. Then I bought a price guide, then I visited a coin shop and so on. No one else in my family, or even any of my friends, had any interest. Pocket change, and only pocket change, led to my off-and-on lifelong hobby.</p><p><br /></p><p>If coins no longer circulate then people, including young people, will have to go somewhere and buy them. How will they find those places? Not to mention that teens don't typically have loads of money, which more than anything explains why this remains mostly an older person's hobby. To buy really interesting pieces takes income. Coins will also become a historical curiosity. They will all carry dates in the past and lack immediacy. Sure, some people may still become insanely obsessed with them, but I think that will remain a small section of the population, perhaps those interested in history or metals, etc. Of course if gold or silver rise and become more valuable, then precious metal coins may keep their market interest. Precious metals alone could keep the market going, but I see interest in numismatic only items fading over time, especially as the generations roll on. But of course no one really knows. People thought housing prices would rise forever too, but then 2008 happened.</p><p><br /></p><p>In any case, for the present, coins continue to circulate and who knows if they will ever completely disappear from the economy? It also seems generally true that the younger people I know seem to have no interest in collecting things. That may change as they grow up, but if it doesn't then the hobby will see some really dreadful times.</p><p><br /></p><p>But, again, who knows?[/QUOTE]</p><p><br /></p>
[QUOTE="ewomack, post: 2809610, member: 15588"]I don't think the hobby will ever disappear completely, but I think it will fade. When, and if, the digital economy comes to full fruition, people won't see or use coins anymore. It will take collectors to introduce people, especially young people, to them. Kids won't have change to fascinate them. They won't come across something interesting in their pockets. This will sound strange, but if the SBA dollar hadn't been released I may have never started collecting. A very young me found that new thing in change utterly entrancing. This made me curious about the other chunks of metal I always carried around. Then I bought a price guide, then I visited a coin shop and so on. No one else in my family, or even any of my friends, had any interest. Pocket change, and only pocket change, led to my off-and-on lifelong hobby. If coins no longer circulate then people, including young people, will have to go somewhere and buy them. How will they find those places? Not to mention that teens don't typically have loads of money, which more than anything explains why this remains mostly an older person's hobby. To buy really interesting pieces takes income. Coins will also become a historical curiosity. They will all carry dates in the past and lack immediacy. Sure, some people may still become insanely obsessed with them, but I think that will remain a small section of the population, perhaps those interested in history or metals, etc. Of course if gold or silver rise and become more valuable, then precious metal coins may keep their market interest. Precious metals alone could keep the market going, but I see interest in numismatic only items fading over time, especially as the generations roll on. But of course no one really knows. People thought housing prices would rise forever too, but then 2008 happened. In any case, for the present, coins continue to circulate and who knows if they will ever completely disappear from the economy? It also seems generally true that the younger people I know seem to have no interest in collecting things. That may change as they grow up, but if it doesn't then the hobby will see some really dreadful times. But, again, who knows?[/QUOTE]
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