How important is the ability to find coins of value in change for the hobby?
When thinking about how many people got started in coin collecting, a lot of the origin stories involve finding coins of value from change, even if it's just 90% silver in a sea of clad. How important is this for the future growth and health of the hobby?
Here are two origin stories about Simpson and Pogue from Monaco:
Bob R. Simpson 1949 to Present
Bob Simpson, co-chairman of the Texas Rangers baseball club is a wellknown coin collector. He has been collecting coins since he was a child, when he thought he’d found a 1943 copper cent in circulation, but it wasn't authentic. Since then he has amassed one of the finest known numismatic collections. He was the first collector to ever assemble a complete P-D-S set of bronze-planchet 1943 Lincoln cents, including the finest known 1943-S bronze cent for which he paid $1 million for in 2012.
D. Brent Pogue 1965 - Present
In 1974, when Brent Pogue was 9 years old, his father, Dallas real estate developer Mack Pogue, brought home a sack of old pennies and a price guide to give the boy a hobby. He told his son he had paid $100 for the bag, and Brent had a seven-day option to purchase it for $110. Brent picked out a 1915 cent that he appraised at $80 because it was so shiny and exercised his option within 20 minutes. The rest is history. As Pogue’s knowledge broadened and his connoisseurship deepened, he collected many of the finest known rarities in a relatively short amount of time. In 2015, the $200 million collection came up for auction setting many numismatic sales records.