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<p>[QUOTE=&quot;Endeavor, post: 2552808, member: 60292&quot;]My opinion (while being objective as I can) is that the coin collecting hobby will not suffer a collapse like what happened to stamps and sports cards. </p><p><br /></p><p>1. Coins have intrinsic value (ie face value). </p><p><br /></p><p>2. Coins are made of metal. Some of these metals have considerable value unlike paper or cardboard of which stamps and sports cards are made from. Precious metals are traded in large exchanges (such as Comex) as commodities. So in essence there will always be at least some interest in coins for their metal.</p><p><br /></p><p>3. Coins are still used in the economy at large. Pretty much every restaurant or store still has cash registers with change drawers or dispensers. Therefore people, especially young people (like kids and teenagers), still handle coins. As a result they develop nostalgia in their later adult years which tends to lead to collecting.</p><p><br /></p><p>Whenever the hobby has its next down period (which it most likely will like any other market cycle), I think it will be mostly a result of the economy being in recession. Since most collectors collect as a hobby, when their financial situation worsens they will cut spending on their hobbies. Though I wouldn&#039;t be surprised however if some of the more rare or precious metal coins hold value well in a down economy since some investors will hedge or park their cash there.[/QUOTE]</p><p><br /></p>

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