What areas of numismatics are going to prosper in 2016?
291fifth
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... and why?
All glory is fleeting.
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The collectors of modest means haven't recovered from the recession, and modestly priced coins tend to sit in dealer inventories as a result. In order for prosperity to return to the hobby, we need a stronger economy (so that people have more disposable income) and bullion metals need to significantly go up in value. I don't see this happening in 2016. Some niche areas do look good for buyers (e.g., common dates: MS Indian Head gold, Barber halves). I would not want to have to sell coins into this market, however.
RMR: 'Wer, wenn ich schriee, hörte mich denn aus der Engel Ordnungen?'
CJ: 'No one!' [Ain't no angels in the coin biz]
Whatever big time dealers will promote because they are buying
Especially the buying part .
I give away money. I collect money.
I don’t love money . I do love the Lord God.
Why? Because of the never ending demand.
Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
Because more and more information is becoming available via the Internet (the Newman Numismatic Portal, the ANS Library's digitization project, the complete archives of The Numismatist, not to mention Newspapers.com and Google Books) you can easily find more information than you can absorb about just about any numismatic topic you can imagine!
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time, persistence, hard work, and knowledge to be successful.
I think cherry picking rare varieties never goes out of style. The problem is that it takes time, persistence, hard work, and knowledge to be successful.
Picking is one thing, selling them is another.
EAC 6024
Let me be devil's advocate, arguing on both sides. First, the economy is very strong, if you're in the top 10% or so of wage earners/wealth. The big whine about the economy is that the growth has been concentrated in relatively few hands. But the top 10% of the country is still over 30 million people. Surely there are some numismatists at Facebook or Google raking in the zillions with nothing to spend it on other than exorbitant SF-area rent. The "hobby of kings" isn't really going to be a mass market hobby, nor does it need to be for prices to go up (if that's the goal) or for the raw number of collectors to increase.
Second argument, which may contradict the first, is why do we need bullion metals to go up in value? Yes, when AG and AU went through the roof, the average John Smith figured out that if he walked into the local B&M and socked away $50 or $100 each week on 90% and the occasional 1/10th oz AGE, in a few months he would make a huge profit. Anything that gets people into the B&M's with cash might get them interested in coins. But I would argue the bigger draw to the hobby was the state quarters program, which predated the precious metals spike by several years. If bullion metals went down, then a bunch of coins get a ton cheaper which makes them more affordable by the masses, right?
So here's what I think it would take - the mint/treasury would need to take a bold step. Forget the ATB series, nobody really is interested in that. Presidential dollars had potential but they blew it because those coins don't circulate. In order to increase coin collecting interest they need to go back to the '57 playbook. 1857. When they announced they were getting rid of the large cent, and the small cents hit, collector interest in the large cents went through the roof. So - get rid of the cent. Wait until just after the election, and have the lame duck president make it happen. Reason for that - even though the program makes financial sense, it will be initially unpopular, so it has to happen when people aren't in campaign mode, which only happens between election day and the middle of December unfortunately. If the government kills off the cent, the collector demand for cents will spike. Alternately, kill off the paper dollar. Then the pres bucks will circulate and people will start to collect those because they're still novelties. Issue a bimetallic $2 while we're at it, just for grins, and give us a classic "liberty" type design instead of putting a real person on the coin.
Successful BST (me as buyer) with: Collectorcoins, PipestonePete, JasonRiffeRareCoins
mark
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
Bust and seated coinage may prosper as the Gardner and Pogue collections are bringing attention to those coins.
And filling up the market at the same time. Gene's buying from the mid-1990's to 2014 brought plenty of attention to seated coinage (along with price increases), long before he decided to sell.
Early collector grade gold. Specifically mid grade 1807 CAC quarter eagles
mark
beat me to it.
Latin American Collection
Why?: There is only one available to the public and it is up for sale.
Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
"If I say something in the woods and my wife isn't there to hear it.....am I still wrong?"
My Washington Quarter Registry set...in progress
1822 $5 Gold should do okay in 2016.
Why?: There is only one available to the public and it is up for sale.
I think toned proof lincoln should do ok in 2016, toned coins in general because of the eye appeal.
If you want a shortcut...just look at whatever I'm going to buy, and the opposite will do well while the things that I buy will tank moments after I buy them, LOL
What about those coins that can be promoted mainly because they exist in quantity? Is the Hobby ready to move away from this?
I will share my thoughts later... should there be interest
Experience the World through Numismatics...it's more than you can imagine.
better-than-average counterfeits.
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peacockcoins
Latin American Collection
Latin American Collection
This thread could be renamed "What do you collect"
Most, not all, of the responses remind me of the old Crystal Ball feature in NUMISMATIC SCRAPBOOK. In that case they were asking dealers to predict the activity in the new year. Most responses reflected what the dealers were trying to push at that time.
This thread could be renamed "What do you collect"
… Most responses reflected what the dealers were trying to push at that time.
I'm a dealer, not a prognosticator. I think those who are in numismatics in any form or fashion are going to prosper in 2016. Maybe not financially. Maybe so. I plead the fifth for the 291st time.
Actually it should be called "What do you collect plus random sarcasm"
And in that spirit, I predict that the five-ounce "P" pucks will experience a buying frenzy unlike anything ever witnessed in numismatics, with even common issues skyrocketing past the $1K mark on eBay. My reasoning is simple. As coin collectors all get older, these are the only coins we can actually SEE!