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What I've noticed about millennial coin collectors on reddit and instagram

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  • DavideoDavideo Posts: 1,363 ✭✭✭✭
    edited September 21, 2019 8:59PM

    Thread 1: What can we do to encourage younger people to collect coins?

    Thread 2: Younger collectors are lazy and stupid

    Hmmm....

  • ACopACop Posts: 1,479 ✭✭✭✭✭

    @Davideo said:
    Thread 1: What can we do to encourage younger people to collect coins?

    Thread 2: Younger collectors are lazy and stupid

    Hmmm....

    Sometimes you have to identify the problem to find the solution.

  • chesterbchesterb Posts: 961 ✭✭✭✭✭
    edited September 21, 2019 9:18PM

    @ACop said:
    They collect really lame crapola.
    Whats the theory here, because they are lazy and don't work they cant buy decent stuff?

    I collected really lame crapola when I started out too. I learned and kept trying to improve my collection. I think the more experienced numismatists should continue to teach and help newer collectors grow into the hobby.

    I think the really offensive part of the post isn't about collecting crapola as everyone seems to be focused on but the part about being lazy and not working. I don't find that to be the case at all.

  • SwampboySwampboy Posts: 13,035 ✭✭✭✭✭

    Oh brother.

    "Inspiration exists, but it has to find you working" Pablo Picasso

  • Coin FinderCoin Finder Posts: 7,245 ✭✭✭✭✭

    Well, i just don't know, I have sure bought my share of crap in the early days. I learned a lot when I went to sell it. I will say I like all fresh blood in this great hobby. Bring them all in!

  • MarkMark Posts: 3,548 ✭✭✭✭✭

    So @ACop I presume you will be active on Reddit giving advice in your inimitable kind and gentle way?

    Mark


  • MasonGMasonG Posts: 6,261 ✭✭✭✭✭

    @cladking said:
    Almost all beginners make beginner mistakes which is the reason that people are well advised to start off small and to sell a coin once in a while to find out what it's really worth. Offer it to the dealer who sold it to you if you're sure he won't recognize it.

    This is good advice, with a caution- if you don't have experience doing this, you'll probably have difficulty accurately evaluating the offer you receive. Just because you're not offered as much as you expected is not proof that the buyer is trying to rip you off.

  • thisistheshowthisistheshow Posts: 9,386 ✭✭✭✭✭
    edited September 22, 2019 7:32AM

    I just typed up a giant response and lost it when I tried to edit it-but it wasn't a quick edit or multiples, so not sure what happened. Oh well, I will try again.....shorter this time...editing, check back in a few

    On reddit I am _thisistheshow_ If any of you want to check it out ( I know some are already there ) come say HI!

    @ACop Are you a user of reddit? I am on there, both on r/coins and other "subreddits" every day. You would have to be there frequently to see all of the great stuff posted. I admit, you will not find the same amount of qulaity coins as here, but they are there. And if you click on the "about this community", you will find a lot of good, active coin subs. I am not a lover of toned coins, but the toned coin lovers, posters on reddit are a large group. Also, lovers of exonumia, moderns, classics, errors, etc.

    And believe it or not, sometimes CU will come up in conversation over there just like reddit did in the OP. And there will always be people saying to check THIS place out and not judge it by a few posts or casual observation.

    Reddit r/coins is a very positive place. Extremely positive. Me, and a lot of others, try to share love for collecting and any knowledge we can. I take what I have learned here and elsewhere and try to spread it to others.

    On reddit posts that aren't getting responses, and respond and ask questions to encourage the community. Here is a summary of a recent interesting, surprising interaction. Someone posted a slabbed Roanoke commem. I asked them if they planned on starting a collection. They told me they already had 25 of them. So, experienced collectors are not so obvious. Then someone from another country (you get a lot of people from all over the world) asked about commems and that poster was able to educate them.

    The point is, I think the comments in the OP are inaccurate. If you are willing to give reddit a chance, you might be surprised. At the very least, go there and share your knowledge and love of collecting like I try to.

    Thanks for reading!

  • scubafuelscubafuel Posts: 1,887 ✭✭✭✭✭

    Coin collectors iterate their collections over time as they become more numismatically experienced and educated.
    Younger collectors are “usually” at an earlier stage of that process.

    When I look at beginner collections, I feel hope and nostalgia, not derision.

  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭

    I'd be happy as a clam with ANYONE collecting coins!
    You shoulda seen MY first ....um.... tries
    IF they get bitten by "the bug" they'll most likely branch out or continue their interest and go from there.

    MY millennial ....grandkids..... have NO interest in coins. They're gonna get a nice pile and I won't care what they do with them. The "shot" is there. If they don't carry on, it's ...their... loss.

    (maybe kinda like an intelligence test) :D

  • selling3selling3 Posts: 166 ✭✭✭

    @ACop said:
    They collect really lame crapola.
    Whats the theory here, because they are lazy and don't work they cant buy decent stuff?

    I've always closely read the replies to your posts. They seem to bring out the true personalities of many.

  • Type2Type2 Posts: 13,985 ✭✭✭✭✭

    Here we go.

    All I can say is some of us started buying junk before we started buying nice coins. But after time we see something that take's over and we started looking at books, show's, auctions, BM and so on for more info but it takes a spark to start a fire this just may be there start or spark. I buy a bunch of junk but I do it for other reasons and some times it's not even coins. I know what your saying and it may be some but to say all that may be a stretch.



    Hoard the keys.
  • 3stars3stars Posts: 2,291 ✭✭✭✭✭

    Maybe they see no value in the elitist CAC stickers and actually enjoy the hobby in its purest form. Not sure how a sticker doubles the value of the same coin, but some old timers seem to think so. Gen X here, we enjoy the boomer versus millennial fight, thanks for leaving us out of it.

    Previous transactions: Wondercoin, goldman86, dmarks, Type2
  • MFeldMFeld Posts: 13,902 ✭✭✭✭✭

    @3stars said:
    Maybe they see no value in the elitist CAC stickers and actually enjoy the hobby in its purest form. Not sure how a sticker doubles the value of the same coin, but some old timers seem to think so. Gen X here, we enjoy the boomer versus millennial fight, thanks for leaving us out of it.

    I don’t think his post had anything, whatsoever, to do with CAC. No need to make it about that.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • keetskeets Posts: 25,351 ✭✭✭✭✭

    They collect really lame crapola.
    Whats the theory here, because they are lazy and don't work they cant buy decent stuff
    ?

    there is a Numismatic Axiom which applies here, but it obviously escapes you.

  • thisistheshowthisistheshow Posts: 9,386 ✭✭✭✭✭

    @3stars said

    @MFeld said:

    @3stars said:
    Maybe they see no value in the elitist CAC stickers and actually enjoy the hobby in its purest form. Not sure how a sticker doubles the value of the same coin, but some old timers seem to think so. Gen X here, we enjoy the boomer versus millennial fight, thanks for leaving us out of it.

    I don’t think his post had anything, whatsoever, to do with CAC. No need to make it about that.

    @3stars I have to agree with @mfeld on this one, though I understand your sentiment it is misplaced.

    In fact, a common occurrence on r/coins is posts like this one currently stickied which is accepting group submissions for NGC, PCGS, And Cac

    https://www.reddit.com/r/coins/comments/d47pyz/now_accepting_coins_for_a_group_grading/

  • thisistheshowthisistheshow Posts: 9,386 ✭✭✭✭✭

    @keets said:
    They collect really lame crapola.
    Whats the theory here, because they are lazy and don't work they cant buy decent stuff
    ?

    there is a Numismatic Axiom which applies here, but it obviously escapes you.

    I am going to be honest, I do not understand what you are saying. Maybe I am being obtuse, but please elaborate.

  • MFeldMFeld Posts: 13,902 ✭✭✭✭✭

    The thread title could just have appropriately/accurately been “What I've noticed about coin collectors”.

    After all, many, of all ages “collect really lame crapola.”
    Although obviously, that doesn’t necessarily mean they’re “lazy and don't work they cant buy decent stuff”.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • WalkerfanWalkerfan Posts: 9,457 ✭✭✭✭✭
    edited September 22, 2019 10:06AM

    I'm a Generation Xer and very proud of it. We were the original 'outcasts' or 'misfits'. We were described as 'slackers, cynics and disaffects' by the Boomers. We were the "MTV Generation"...very rebellious and independent. But we were the artists, innovators and achievers. Most of us became quite happy and successful.

    When I started my MS Walker set back in 2005; I was scolded and criticized by a few of the Boomer dealers and collectors. They said: "Why don't you try something 'easier'?", or "you'll never find what you're looking for" and "you'll run out of money."

    I didn't take offense. Instead, true to my Gen X personality---I pushed harder to prove them wrong. Don't tell me that I CAN'T do something, as that will only drive and motivate me more.

    I basically told them: "Hold my beer and watch this!!" LOL

    Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍

    My Full Walker Registry Set (1916-1947):

    https://www.ngccoin.com/registry/competitive-sets/16292/

  • edwardjulioedwardjulio Posts: 1,113 ✭✭✭✭✭

    @BillDugan1959 said:

    Disagree. Older coin collectors buy lots of stuff that is very difficult to rationalize too.
    I bought two coins from Bremen (Germany) this week that I really cannot explain, except that they have been on my want list for a long time. I have no concrete connection to that place.
    Both the coin were in PCGS holders!

    Any of them the 1854 Proof Gold coins presented to the City of Bremen? :D

    End Systemic Elitism - It Takes All Of Us
    ANA LM
    LSCC
    EAC
    FUN

  • chesterbchesterb Posts: 961 ✭✭✭✭✭

    I manage and supervise people of all ages. One thing I noticed is some people of all ages are lazy and don't work hard. I don't think it's a generational thing at all. In fact I have some great examples of millennials who will email me over the weekend and work on projects during the evening hours.

  • WalkerfanWalkerfan Posts: 9,457 ✭✭✭✭✭
    edited September 22, 2019 9:45AM

    @robec said:

    @Walkerfan said:
    I'm a Generation Xer and very proud of it. We were the original 'outcasts' or 'misfits'. We were described as 'slackers, cynics and disaffects' by the Boomers.

    Believe me, the boomers faced the same criticism from the "greatest generation"

    I believe it. ;)

    That's a moniker that is pretty hard to top!! lol

    Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍

    My Full Walker Registry Set (1916-1947):

    https://www.ngccoin.com/registry/competitive-sets/16292/

  • SanctionIISanctionII Posts: 12,260 ✭✭✭✭✭

    Robec.

    Your post made me laugh. What you say is so true.

    My dad and his Greatest Generation peers thought the boomers were "damn longhairs" that were lazy, unmotivated druggies who wasted away their lives listening to "evil rock and roll".

    Many of the greatest generation thought the boomers would be the cause of the collapse of society and civilization (funny how some young people today think the same thing of the boomers).

    I fondly remember my dad saying on multiple occasions when he saw a young boomer with long hair "Get a haircut, get a job, get an existence!!!!"
    😄

  • mkman123mkman123 Posts: 6,849 ✭✭✭✭

    I have a IG account and I've seen a lot of great collections from fellow IG users and many of them are a lot younger than the users here. As for reddit, lots of younger folks but they have a great enthusiasm for old coins, even if not worth a lot.

    Successful Buying and Selling transactions with:

    Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
  • ACopACop Posts: 1,479 ✭✭✭✭✭
    edited September 22, 2019 10:16AM

    @selling3 said:

    @ACop said:
    They collect really lame crapola.
    Whats the theory here, because they are lazy and don't work they cant buy decent stuff?

    I've always closely read the replies to your posts. They seem to bring out the true personalities of many.

    Yes I have quite the knack for making people emotional. Again people are reacting as if I am talking about little kids with their danscos. I myself qualify as a millenial by some of the wider metrics of the term, though I disagree with it. When in fact I am talking about people who clearly spend good money on coins that are major problem coins. And they seem to resort to Reddit and other social media sites where they will learn much less than a forum. But at the same time these forums, full of hypocrites, come down very hard on those who dare post their bad purchases.
    I only decided to call out 1 of the hypocrites who posted here. But look no further than the raw error cent threads or counterfeit coin posts to see these same people riding me, making similar assertions about those collectors. I am not the first to postulate that the hobby's future is in trouble because of the lack of interest from the current class of collectors. Sure I was krass about it. I employ several millenials and have interviewed hundreds now, and my opinion is from first hand experience. When you have to call a 32 year old man at 9am to let him know its time for work its hard not to pass judgement about an age group when the behavior is consistent with his peers. Of course I didnt mean everyone. You have to be an idiot anyone is every saying every single person about something. And I understand thats the progression of culture. I am defintely lazier than my mothers generation. But that doesnt mean the thought is wrong. Again, plenty here have said the same thing. Even some now calling me out.

  • clarkbar04clarkbar04 Posts: 4,966 ✭✭✭✭✭
    edited September 22, 2019 10:26AM

    @ilikemonsters said:
    @Acop Well wonderful, how rude of you. I’m sure this thread will be closed first thing Monday morning and that you’ll be seeing a message from a very upset mod & maybe even have a temporary ban.

    Pcgs’s mission is to educate the youth and shape millennials into educated numismatists.

    You sir, have not only offended me, but also the mission of PCGS. Shame on you.

    Your discrediting opinion has little value based on your own history.

    To be fair, a pretty bad thread to start.

    MS66 taste on an MS63 budget.
  • This content has been removed.
  • ACopACop Posts: 1,479 ✭✭✭✭✭

    @Walkerfan said:

    When I started my MS Walker set back in 2005; I was scolded and criticized by a few of the Boomer dealers and collectors. They said: "Why don't you try something 'easier'?", or "you'll never find what you're looking for" and "you'll run out of money."

    I didn't take offense. Instead, true to my Gen X personality---I pushed harder to prove them wrong. Don't tell me that I CAN'T do something, as that will only drive and motivate me more.

    I basically told them: "Hold my beer and watch this!!" LOL

    This is a very different situation, the opposite in fact. You were pursuing quality and being told not to. I am talking about cleaned, holed and otherwise problem coins having good money thrown at them. Look at the list of reddit posts at any given time. Sure 1 or 2 will prove to know what they are doing but that doesn't justify the whole lot. At least 1 other person actually went and looked at what im talking about and ended up agreeing.

  • ZoinsZoins Posts: 34,353 ✭✭✭✭✭
    edited September 22, 2019 10:37AM

    Are they having fun?

    If they are, would they be ahead of people who spend their hobby time complaining?

  • WalkerfanWalkerfan Posts: 9,457 ✭✭✭✭✭

    @ACop said:

    @Walkerfan said:

    When I started my MS Walker set back in 2005; I was scolded and criticized by a few of the Boomer dealers and collectors. They said: "Why don't you try something 'easier'?", or "you'll never find what you're looking for" and "you'll run out of money."

    I didn't take offense. Instead, true to my Gen X personality---I pushed harder to prove them wrong. Don't tell me that I CAN'T do something, as that will only drive and motivate me more.

    I basically told them: "Hold my beer and watch this!!" LOL

    This is a very different situation, the opposite in fact. You were pursuing quality and being told not to. I am talking about cleaned, holed and otherwise problem coins having good money thrown at them. Look at the list of reddit posts at any given time. Sure 1 or 2 will prove to know what they are doing but that doesn't justify the whole lot. At least 1 other person actually went and looked at what im talking about and ended up agreeing.

    I don't doubt that some of what you're saying may be true. I also believe that you are entitled to your opinion and I am not condemning you, in any way. I think that the thesis statement that we are all learning from this is: 'Don't judge an entire group from the actions of a few.' We are all different generations and, as such, we are biased and critical of the younger ones but we are also the same in more ways than we realize. Personally, I don't worry about the future of the hobby from what I have seen from the youngsters....I think it's in good hands. JMHO.

    Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍

    My Full Walker Registry Set (1916-1947):

    https://www.ngccoin.com/registry/competitive-sets/16292/

  • 3stars3stars Posts: 2,291 ✭✭✭✭✭

    @MFeld said:

    @3stars said:
    Maybe they see no value in the elitist CAC stickers and actually enjoy the hobby in its purest form. Not sure how a sticker doubles the value of the same coin, but some old timers seem to think so. Gen X here, we enjoy the boomer versus millennial fight, thanks for leaving us out of it.

    I don’t think his post had anything, whatsoever, to do with CAC. No need to make it about that.

    Not directly, but how many threads on this board can be summarized as “if your coin doesn’t have a CAC sticker it’s inferior”? Same concept applies to the OP - if you aren’t collecting what the coin elites say is right then it’s just dreck.

    Previous transactions: Wondercoin, goldman86, dmarks, Type2
  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭

    I'll only accept CLASSIC crapola !!! :)

  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭

    @topstuf said:
    I'll only accept CLASSIC crapola !!! :)

    Ya, the ultra-rare kid stuff I show you gets me a yawn :D

  • BoosibriBoosibri Posts: 12,221 ✭✭✭✭✭

    @Rexford said:
    @ACop What makes you so sure that people on Instagram and Reddit are "20-35 years old"? (And it's really 23-37 years old for Millennials anyway). There's no displayed age on either of those platforms. It's also not logical to point out some people with problematic or low-budget coins and say that's a reflection of ANY particular group as a whole. Were you a numismatic expert on your first day, or month, or year of collecting?

    You seem to be doing a lot of wild generalizing, and then when you're called out for it, you pretend that you were being specific and accuse other people of being hypocrites by falsely equating what they're saying with something entirely different.

    It's probably best for us all to collectively stop giving this thread any attention.

    Yikes, I'm a millennial

  • AotearoaAotearoa Posts: 1,515 ✭✭✭✭✭

    @MFeld said:

    @3stars said:
    Maybe they see no value in the elitist CAC stickers and actually enjoy the hobby in its purest form. Not sure how a sticker doubles the value of the same coin, but some old timers seem to think so. Gen X here, we enjoy the boomer versus millennial fight, thanks for leaving us out of it.

    I don’t think his post had anything, whatsoever, to do with CAC. No need to make it about that.

    What?! I thought CAC was like marketing: "Everything is CAC."

    Smitten with DBLCs.

  • DavideoDavideo Posts: 1,363 ✭✭✭✭

    Sometimes it's not worth trying to change the opinion of the ignorant and closed-minded.

This discussion has been closed.