DO CLASSIC DEALERS BENEFIT FROM MODERN COLLECTORS OR.......................

BigE

.....................does it take capital and customers away from them?----------------------------BigE

Russ

Classics dealers hate us because we don't need them.

Russ, NCNE

Steve27

Neither, I think they're mostly separate markets. I believe that the Mint is the main benefactor of modern collectors, and this has no impact on classic dealers.

topstuf

Haaahahahahahahahhaha...... We ........... USE ...............them. chortle chortle chortle.

They are ...unaware.... sssshhhhhhh.

Gemineye

There's a fine line between love and hate..................................

RegistryCoin

<< <i>And who bought it, a DEALER who turned it! >>


Now....THAT'S CLASSIC !!!

cladking

They better hope so.

There won't be much market for classics in twenty years if a new generation of collectors doesn't
appear. It doesn't have to be the kids and young adults who are primarily collecting ultra-moderns
now but if not them, who? We've gone decades without adding many collectors to the ranks and
now there are millions of newbies.

Classic dealers benefit in more direct ways and more immediately as well. Not all these newbies
collect moderns but most do and many have already moved back to collect older coins. Even those
who don't and never will collect high priced classics still contribute to rising demand and prices. Some
of these profits are already being used to buy high powered classics. While the impact to date may
be limited the future impact can not be overstated.

coinkat

Who really wants to buy nothing but moderns or classics? Part of coin collecting is growing and learning to appreciate different coins... Today's modern collectors may be tomorrow's Darkside collectors

PS... Nice medal Russ. I can see you buying a type set of Napoleonic coins.

LindeDad

Hint my first registery set was Franklins. One of my last purchases was a 1818 Bust Half PCGS VF35.

curly

Personally, I think the U.S. Mint is the new Franklin Mint. The only hot item is the next item. A 1909-S penny, 1955 DDO, 1795 coinage will always draw a crowd. I think people will get more pleasure out of owning one proof Barber half than a couple of hundred proof Kennedys.

Thats my take on it anyway

crispy

Any area that generates an interest in coin collecting for someone who was formerly a noncollector is a good thing.
Once in the candy store, they may find that they have a taste for some of the other treats that collecting offers.

Kip

<< <i>Personally, I think the U.S. Mint is the new Franklin Mint. The only hot item is the next item. A 1909-S penny, 1955 DDO, 1795 coinage will always draw a crowd. I think people will get more pleasure out of owning one proof Barber half than a couple of hundred proof Kennedys.

Thats my take on it anyway >>



Russ, he is "dissing" Kennedy Halfs

curly

Kip, I ain't dissing Kennedys. They're good for something, in fact I use them for tips and Friday night poker games.

cape

cant we all just get along?

RedTiger

Overall, my opinion is the bigger the tent the better for all, dealers and collectors alike.

One point I agree with is that the U. S. Mint can reach a point where it is a drain on the hobby. Look at the Royal Canadian Mint and their 2006 lineup. If the U. S. Mint catalog gets to the same size, I think the camel will begin to strain under the weight. With the Presidential $1 coins, the gold Buffalo commem, the First Lady gold coins, plus the usually annual sets and commems and we are getting close, real close.