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<p>[QUOTE=&quot;Murphy45p, post: 3640580, member: 96005&quot;]I think there are multiple factors at play.&nbsp; First, the younger generations don&#039;t have the same passion for the hobby as some of us older people do.&nbsp; That segment may grow in time though, as they begin to have more disposable income and history becomes more relevant to them.&nbsp; For now, they have other options such as Pokeman cards, etc.</p><p><br /></p><p>Second, the stock market charts would be inverse to the coin charts the past few years.&nbsp; Investors probably believe that stocks have more short term earning potential than bullion.&nbsp; I realize coins are not exactly bullion, but the two aren&#039;t mutually exclusive either.&nbsp; As that money exits the coin market, the supply and demand dynamics would necessitate a drop closer to bullion pricing.</p><p><br /></p><p>Another factor in my opinion is the mint itself.&nbsp; All these new releases, finishes, tokens, commemoratives, there are so many new products in the market place that it effectively dilutes demand amongst specific issues.&nbsp; Not to mention the shear number of coins minted annually.&nbsp; No use in going through pocket change (W minted quarters aside) these days because for one, the material used to produce coins doesn&#039;t have the same intrinsic value as gold, silver or even copper, and two, there are so many minted that finding something of value is remote.&nbsp; And its been that way for years and years now.&nbsp; That diminishes interest in the hobby as well.</p><p><br /></p><p>I do think the composition of coins over the past 50 years has hurt the hobby.&nbsp; It was fun for me when I was younger to know that quarters with a date prior to 1965 were worth more, and it wasn&#039;t unusual to find silver coins in circulation.&nbsp; What can be collected now a days in circulation?&nbsp; Even the Ikes were clad. </p><p><br /></p><p>As the older generation grows older, it also grows smaller, creating less demand without an infusion of younger collectors.&nbsp; For those of us whose children don&#039;t show an interest in collecting, we are forced to liquidate some of our collection because if we leave it to them, for one thing they will see it as a burden, and for another, they may get taken advantage of in the market from their ignorance.[/QUOTE]</p><p><br /></p>

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