HEY KIDS!......Under 25....
topstuf
Posts: 14,803 ✭✭✭✭✭
If you are 25 or under, I am curious as to how many OTHERS you know in your age group who collect coins.
Can you post a ratio?
Like: Out of 800 at my school (job, neighborhood, prison, etc.) , I estimate ....xxx.... are coin collectors.
Think it would be interesting info.
Can you post a ratio?
Like: Out of 800 at my school (job, neighborhood, prison, etc.) , I estimate ....xxx.... are coin collectors.
Think it would be interesting info.
0
Comments
BTW,my school has 368 students enrolled according to its website,and i'm the only one who does.
<< <i>I'm in 3rd grade >>
With a little work Pug, you too can make it the 4th grade!
<< <i>I'm in 3rd grade >>
HAHHAHAHAHAHAH FC57Coins
42/92
Jeremy
Morgan Dollar Aficionado & Vammer
Current Set: Morgan Hit List 40 VAM Set
I dont know anyone.
I went to a highschool of 4000 and a college of 20,000. no one.
For the record, I didn't know any other collectors at that age
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#1 1951 Bowman Los Angeles Rams Team Set
#2 1980 Topps Los Angeles Rams Team Set
#8 (and climbing) 1972 Topps Los Angeles Rams Team Set
Dennis
Like VOC Numismatics on facebook
<< <i>In all reality, I think there are A LOT less coin collectors than some people here or the US Mint says there are. I also think there are A LOT less people collecting state quarters, even at face value, then what the US Mint or some here say there are. >>
My best guess at the number of collectors is between 500 and 750 thousand (figured three different ways). The mint estimate of over 100 million is because they count everyone who throws their change aside in a dish each night andwho doesn't load it back into their pocket in the morning as a coin collector. (Really, because with their figure one out of every three people is a coin collector. Yeah, right.)
There are many millions who collect them actively or passively, but there aren't this many.
Mintages of the states coins have been in the quarter billion range for the last several
issues and these seem to not circulate well because they are getting saved by collectors
and horders. This would seem to imply that the number of collectors has trailed off con-
siderably from the early days of the program. This is, of course, to be expected since
people are usually far more interested in novelty or something new. There has been a
less than stellar ability of the hobby to educate and retain those individuals who have
expressed interest in the coins. There have been many hundreds of thousands of new
collectors started though if sales of he coin folders are any indication. I do know young
people who are filling these up so at least some are being used.
Actually, of much more concern is the mintage numbers for proof and especially mint sets.
These should be increasing as more people gain interest in the states coins and old-line
buyers continue their collections but instead they are falling. Mint set sales are continuing
the drop they were experiencing even before the states program started. Most collectors
know that these make an excellent source for choice coins so the sets should sell themselves.
The price of the set has increased dramatically, and most people know that in the past these
were money losing ventures so this may be much of the cause of decreased sales. There is
ample evidence that in the past the vast majority of sets went to people with little interest
in collecting the coins and now days these sets go mostly to collectors.
There will be more opportunities to entice new collectors to join our ranks.
These opportunities will not be endless, but the circulating coinage may get increasingly in-
teresting. There will be 163 different clad quarters circulating in a few years of 52 diffferent
designs. These will exhibit varying degrees of wear and usage stretching back for nearly
half a century.
typos
Once a year I take a zinc cent and scrape the edge with a file and drop it in hydrochloric acid. The single replacement reaction yields ZnCl and hydrogen gas, leaving an empty shell of copper. The students are amused when I say only cents after 1982 will do this. Only one student (this year) in my 8 years of teaching mentioned that a 1943 steel cent would not do that because the zinc is on the outside. He offered that information and seemed to know a little about cents. I was impressed.
Growing up (I'm 31 now), three of my other friends collected coins with me and there may have been some others. I went to a school on Long Island with about 900 enrolled.
"Bongo hurtles along the rain soaked highway of life on underinflated bald retread tires."
~Wayne
Much of my childhood was spent playing with coins, this despite the fact that the vast majority of my "coin friends" were multiples of my age. I'm 26 now and, while the multiplier is somewhat smaller these days, for the most part the song remains the same. Most of the folks I know that are near my age I met through YN programs at regional shows on the East Coast or through the ANA Young Numismatist Programs, including the annual ANA Summer Seminar every July. Some of these folks work in the business (including at places like Stack's, Spectrum, and Carter Numismatics), but many who collected in their youth went onto fantastic non-numismatic careers: a doctor at Mayo Clinic, a PhD candidate in Asian Studies at Harvard, an investment banker, etc.
For those young collectors that don't know about it, if you are active in a local coin club, or write articles on coins, or exhibit your collection at shows, you can earn a FREE scholarship to study under some of the finest numismatic minds in the country for a week. You do have to be an ANA Member though. Many of the instructors (and regular students) are on the boards. You can find more information here.
While the scholarship deadline appears to have passed last week, I would still contact the ANA Education Dept if you are interested. Of course, there is plenty of time left for those (including adults!) that want to pay.
Anyone who would like more info on the ANA Summer Seminar is welcome to message me.
Betts medals, colonial coins, US Mint medals, foreign coins found in early America, and other numismatic Americana
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#1 1951 Bowman Los Angeles Rams Team Set
#2 1980 Topps Los Angeles Rams Team Set
#8 (and climbing) 1972 Topps Los Angeles Rams Team Set
I am always amazed by the poor business sense of some dealers. Don't they realize that in this technology based era there are a whole generation of extremely wealthy young people? I have also seen folks who aren't so wealthy go to ridiculous lengths to buy an expensive coins they really wanted.
<< <i>BBN, I'm 33 also and had a similar experience when I was about 28 or so. I was "on the hunt" for a flowing hair $. I asked a local dealer if he had one. He told me he did, but that it was "out of my league".
I am always amazed by the poor business sense of some dealers. Don't they realize that in this technology based era there are a whole generation of extremely wealthy young people? I have also seen folks who aren't so wealthy go to ridiculous lengths to buy an expensive coins they really wanted. >>
It's unfortunate that this moron and his buddy left a bad image in my mind about advanced, older, well off collectors. Fortunately Gene(my current dealer), the older gentleman that I trade with now, appreciates younger buyers and helps younger buyers. He even takes care of wish lists for people when he goes to bigger auctions and doesn't want a profit. He sells the coin on the wish list exactly what he paid to get it.
Positive BST Transactions (buyers and sellers): wondercoin, blu62vette, BAJJERFAN, privatecoin, blu62vette, AlanLastufka, privatecoin
#1 1951 Bowman Los Angeles Rams Team Set
#2 1980 Topps Los Angeles Rams Team Set
#8 (and climbing) 1972 Topps Los Angeles Rams Team Set