Coin Collecting a dieing hobby?

KlectorKid

do u guys and gals think that coin collecting is a dieing hobby?i dont think as many young people collect as they used to.

IrishMike

The numbers indicate that just the opposite is true, more and more new collectors are joining the hobby.

KlectorKid

i know the state quarters are attracting young people but how many off them will stay after the state quarter series is over. or how many will collect more seriusly?

braddick

I agree with IrishMike. The more BoomBoxes and X-Boxes and other modern marveals of our times enter our playspace, I see hobbies like coin collecting still flurishing.

cladking

We have a lot of control over how many stick around after the states quarters,
but it ultimately depends on how interesting the newbies find coin collecting.

jhar

I think we need more of the "old timers" actively recruting some youngsters when they show that little spark of interest.

coynclecter

10 years ago I would have said the hobby is definitely dying

Today there are more collectors than has been since the boom of the early sixties. Look at the sales on the commems and the proof set, amazing. If even 10% start collecting historic coins (not issued the same year) them the boom should be enomous over the next 10

mbbiker

I am 18 years old and I'm a senior in high school. Whenever i leave my house i put a few circ. buffalos, mercs, and a V nickel or two if i have some laying around. Anytime some one talks to me and coins come up (which is quite often with me) i pull out a few of the coins and if they seem interested i give a few of them to the person. It dosn't cost me a whole lot and even if 1 out of 50 get interested in collecting i think it's worth it. I agree we need more people getting younger people into collecting.

IrishMike

Attendence is way up at a lot of local coin shows, and many of the attendees are new collectors. Reports like that are coming in from all over the country.

CLASSICS

more people watch nascar, than baseball so says q.david bowers, thats true, i know i have watched it since the 1950s, today when you go to the track its not unheard of to have over 100,000 fans there. there are less people collecting now than there was in the 1960s, however prices are higher at least for the rarer coins...what happens after the state quarters. will the newest wear off, time will tell .have all the old high grade collections finally been put on auction, and has the old money been passed on to the new younger ones, who would rather drive a new bmw, than look at an old coin in a plastic holer. hummmm , sounds like things have changed, thinking wise and money wise...

stujoe

Look at Ebay and all of the buyers and sellers. (Like it or not) look at the coin shows on the Home Shopping Channels. Look at prices. I think we are going through a revitalization of the hobby do not only to the State Quarters and Sacagaweas but also do to the Euros. If US coins designs change (and it looks like they might), there will be a new bubble of collectors created.

Will everyone remain a collector in the next ten years? No, probably not but enough will that a new generation of collectors will be in place.

oldcameoproofsguy

I feel the statehood quarters have sparked a great deal of interest in coin collecting. Everyone and their uncle are putting together some type of album set with these coins in them.

There will be a trickle down effect from this newly sparked interest. Most people won't even finish their statehood quarters album. Many will finish the album but quit afterwards. However, some of these folks will have the spark ignited and go on to collect other series, some of them may even become real collectors.

Even if only one percent of the people who are putting together statehood quarter albums eventually become real collectors, that will be a huge increase in the number of collectors currently.

littlewicher

I want to be the next Louis Eliasberg.

boston

Coin collecting can be an exspensive hobby. I think it is difficult for many to acknowledge spending $1 for a penny, as an investment. Reading some
other threads, some people think halves and coin dollars are conterfeit. Numismatics are a breed of their own right. The question? There are more
people out there collecting, just don't know how young they are.

JoyofCollecting

You bet it's a dieing hobby!!! I'm dieing to find a number of key dates!!!!

cladking

Thinking of the states quarter collectors as something other than real
coin collectors is probably not conducive to treating them like real coin
collectors. Telling them that their collections are good because they might
one day collect real coins demeans their collections. These are real coins
and real collections. They deserve to be treated as such.

oldcameoproofsguy

cladking,

You are correct that I should not think of the people who collect statehood quarters as not "real" collectors. I guess all I mean by my reply is that statehood quarters have gotten a lot of people interested in numismatics through that particular series. Some may continue on to other series, some may not.

Believe me, I am grateful that the response to this series has been so tremendous. I hope that many of the people that are enjoying the statehood quarters right now will continue beyond and try other areas of this hobby.

KlectorKid

I believe that they are real collectors but i dont take them to seriusly.. maybe i should but i know a lot of people with folders that ... dont really care about their coins. they will put one in if they find 1 but wont go out of there way to locate any.

dpoole

KlectorKid,

Think of it this way. Collecting things is a defining human activity. People have always collected things.

Coins are everywhere, and are associated with all kinds of things people consider really important. They buys things people like and value; they're associated with well-being. They received them as gestures of love from doting grandparents as kids. They look interesting. They hear some coins are rare and valuable. Coins point to historical people and events, to national identity. They're links to our past; we hold in our hands pieces of metal people used before us for joyful, painful and mundane exchanges; they all have individual and collective stories to tell.

How can collecting coins be "dying"? As long as there have been coins, people have collected them. As long as there will be coins, people will collect them. After we figure out how to eliminate coins altogether from transactions, people will STILL collect them, as wondrous historical curiosities, works of art, and statements of nations.

Fads come and go, certainly, and coin collecting as a wide-spread phenomenon will wax and wane. But I promise you, people will always collect coins.

Kejun99

Kolector,

" .... but how many off them will stay after the state
quarter series is over. or how many will collect more seriusly? "


I think the coin hobbie is here to stay... It's so diversified ,, that what else would anyone want for a hobbie? It's got everything ! Plus.. when the state program is over,, they'll think of something else to keep the kids occupied.. a series of people , things, events, more commemorative ideas... the possibilities are Endless..and all the Experts and brilliant knowledgable people are here on the board !

Ken

lordmarcovan

Did you mean to use that spelling instead of the correct DYING?

Actually, "dieing" is a nice pun, what with the word "die" in it having another meaning for us coin nerd types...

mrcommem

I think the hobby is growing due to the state quarter designs. I do wonder how many will continue in the hobby once that is over and if there is no design change of our current coins.

Twowood

On the contrary...Everything I read tells me that coin collecting is increasing among all age groups. Stamp collecting,on the other hand,is declining and we can blame our government for that!