What will happen to the hobby at the end of the state quarter run?

Geoman

Just have been wondering tonight, what will happen in general to the hobby of coin collecting when the State Quarter program finishes up? There has been different numbers thrown out regarding how many new collectors the state quarter program has created. Will many of these move into other areas? Will we see about a 10% retention of the current collectors that started with the state quarters continue in this hobby?

Also, what areas do you think these people are most likely to go? (ie: what series)

Will they try and collect everything? Or will they collect only the "main" series or most popular series'? For example, if you could somehow classify them as "band-wagon jumpers" as they jumped into the hobby with all the hype of the state quarters; do you think they would more easily jump to some other series that is also popular, like Morgan Dollars? At least that is my guess. I would have to think that most that are staying would start collecting Morgan Dollars, Franklin or Kennedy Halves, or even Lincolns. I do not see many switching from statehood quarters to say, Shield Nickels or Bust Halves.

Obviously, no right answer here. Just wondering what your thoughts are.

ldhair

My thought are with the mint.
They have a taste of what is possible.
They will bump it to congress and something will follow the state quarter deal.

How many Lincoln cent rev can they come out with in 09?

haletj

<1% retention but with the huge number of sq collectors <1% will still be a huge number.

cladking

There's more interest in coins and collecting than there has been in generations. This won't
evaporate just because the states program wraps up or because many of the new collectors
lose interest in actively collecting. Just as much of the current demand is from baby boomers
who left the hobby as children and are only now returning with the same tastes and more re-
sources to buy the coins they couldn't afford as children, many of the new collectors will be back
at some point in the future. The hobby itself will be changed with the 100 new coins in circula-
tion. People will be seeing these coins and having their curiousity aroused by questions like
"why are almost all the PA coins uniformly worn when there's a wide variation in the quality and
grade of RI issues?" Even the new collectors who drop out and never return might say something
which will lead someone else to become interested in coins.

It's entirely possible that the end of the states program may be the real impetus to collecting
from this program. Most people either believe the old quarter is going to return at the end of the
program or simply haven't thought about it. If the mint does change it as they have hinted nu-
merous times that they intend, then all of a sudden there will be a ten year old obsolete coin in
circulation that no one ever paid much attention to!! The eagle reverse clad quarter may be
a little tough even in AU as a type coin!

There are many ways the hobby and the era can evolve but there are some things which are
highly predictable. The states program will eventually end and our coins are continuing an evolution
begun in 1999. Just as the present has always been based on the past, the future will be based
on what the hobby, collectors and the mint do today.

It should continue to be a fun time for collectors.

sumnom

When the state outline program is finished, we will be free of it!

BillJones

The government has done a total 180 since the mid 1960s. Back then coin collectors and hoarders were viewed as troublemakers. Today we are customers and there are more coins than we want (at least I want.)

When the state quarter program comes to it conclusion, there will be other programs to take its place.

Conder101

<< <i> Even the new collectors who drop out and never return might say something
which will lead someone else to become interested in coins. >>


Not to mention those hundreds of thousands of partially completed state quarter sets that the next next generation will receive or find in the next generations belongings which may get them started on collecting.



<< <i>It's entirely possible that the end of the states program may be the real impetus to collecting
from this program. >>


This is also true. Coin collecting didn't get its first big kick of until the large cents ENDED. Then many people decided to try and put together a set while "they still could before they disappeared from circulation".

topstuf

The public will find that they have ratholed so many of em that when they start tryna SPEND the $476,335, 107,211.75 that they have accumulated, the stores will refuse to take em and only coin dealers will be dumb enough to go thru the hassle of rollin em all up an so .....COINS.....will be all they will be able to buy.

Air-go......a coin BOOM!

JadeRareCoin

What will happen to the hobby at the end of the state quarter run?

Future generations of coin dealers will be plagued by constant phone calls from non-collectors stating that they "found a rare coin".

The callers will describe the coins over the phone. For example: "I found a quarter that has a guy in a bath tub rolling down a river that is lined with giant broccoli stems and there's a rainbow in the background". That would be the Missouri state quarter.

Dealers today recieve similar calls. Here are the ones that I receive most often:

* 1776 quarter (the bicentennial quarter has the date written as 1776-1976)
* two headed quarters (these are magician coins)
* 1943 copper cents (yeah, they are copper........copper coated)
* Silver dollars (2 out of 3 times they are Ike "silver" dollars)

WaterSport

Well, Quartes are hot..what about Nickels? I would assume an up tick will occur there now. I am betting the house on Lincolns when the designs change in 2009. I am sure my 6 hundred dollar premium for my 1914-D will more than be made up then.

WS

oreville

<<<<<<<<<<<Future generations of coin dealers will be plagued by constant phone calls from non-collectors stating that they "found a rare coin".

The callers will describe the coins over the phone. For example: "I found a quarter that has a guy in a bath tub rolling down a river that is lined with giant broccoli stems and there's a rainbow in the background". That would be the Missouri state quarter.>>>>>>>>>>>>



Heck I was first thinking of the men in the bath tub going across the Delaware River.

alergar

I started collecting about the same time as the state quarter program started, but the only state quarters I have are in Mint and Proof sets.
My slabbed collection is all U.S. dollars, Morgans, Peace Ike's, SBA's, Sac's and 1$ gold coins. So the state quarter program ending will not effect my collecting at all.