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With rising unemployment when will coin market crash?
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<p>[QUOTE="Tater, post: 4599663, member: 9717"]Well I have found this interesting discussion. I have sensed the coin market has been going down even though the coin that I pursue continues to climb faster than I can save, the 1934 S peace dollar in mint state. I base my opinion not on the PCGS 3000 but that two of my LCS have gone out of business and I just don't see a lot of young folks in the shop nor at shows anymore. Most collectors are older and times are changing. I fear the hobby will go the way of stamps. I can't figure out weather to hold or sell some of my collection? What will the younger generation want to collect as they age? I'm sure this COVID 19 will only cause some of those dealers who rely on shows or those with shops will go out of business which makes it hard for young people to get excited about coins when they can not see or hold them, only so much can be done online.[/QUOTE]</p><p><br /></p>
[QUOTE="Tater, post: 4599663, member: 9717"]Well I have found this interesting discussion. I have sensed the coin market has been going down even though the coin that I pursue continues to climb faster than I can save, the 1934 S peace dollar in mint state. I base my opinion not on the PCGS 3000 but that two of my LCS have gone out of business and I just don't see a lot of young folks in the shop nor at shows anymore. Most collectors are older and times are changing. I fear the hobby will go the way of stamps. I can't figure out weather to hold or sell some of my collection? What will the younger generation want to collect as they age? I'm sure this COVID 19 will only cause some of those dealers who rely on shows or those with shops will go out of business which makes it hard for young people to get excited about coins when they can not see or hold them, only so much can be done online.[/QUOTE]
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With rising unemployment when will coin market crash?
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