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When will the rare coin market rebound?

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    ZoinsZoins Posts: 34,489 ✭✭✭✭✭
    Originally posted by: TwoSides2aCoin

    Heard on the radio today that only 5% of people under the age of 35 (iirc) know how to change a tire. 90% of people over age 35 know how to.
    They call that a "Lost Art". image So it is with the line of questions hitting the boards.



    That could be the same as how many people can use a map or know what states are adjacent to theirs, which I've seen similar reports for.
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    ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭
    Originally posted by: Zoins
    Originally posted by: TwoSides2aCoin

    Heard on the radio today that only 5% of people under the age of 35 (iirc) know how to change a tire. 90% of people over age 35 know how to.
    They call that a "Lost Art". image So it is with the line of questions hitting the boards.



    That could be the same as how many people can use a map or know what states are adjacent to theirs, which I've seen similar reports for.





    Silly questions as my 8 year old knows more about how to use a computer, iPhone, iPad, the internet than I know or most of you know.




    It's about the future not the past. Who need a map when you have a gps app that brings you to a doorstep.
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    ZoinsZoins Posts: 34,489 ✭✭✭✭✭
    Originally posted by: ErrorsOnCoins

    Originally posted by: Zoins

    Originally posted by: TwoSides2aCoin

    Heard on the radio today that only 5% of people under the age of 35 (iirc) know how to change a tire. 90% of people over age 35 know how to.
    They call that a "Lost Art". image So it is with the line of questions hitting the boards.



    That could be the same as how many people can use a map or know what states are adjacent to theirs, which I've seen similar reports for.

    Silly questions as my 8 year old knows more about how to use a computer, iPhone, iPad, the internet than I know or most of you know.



    She may have a bright future ahead of her if she knows how to enable developer mode on those Apple devices and has started using Swift.
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    ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭
    Another thing about maps. For one thing a map is right there on the computer when you google a location. I have used maps extensively all my life. You know what is waaaaay better than any map, the little button called google earth image
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    ZoinsZoins Posts: 34,489 ✭✭✭✭✭
    Originally posted by: ErrorsOnCoins

    Another thing about maps. For one thing a map is right there on the computer when you google a location. I have used maps extensively all my life. You know what is waaaaay better than any map, the little button called google earth image



    I was just in a car with a friend who didn't know how to use the bird's eye map view on his phone and could only use the turn-by-turn directions. Because of that, he had us going in the wrong direction and didn't realize the situation using common landmarks and directions until we told him the directions made no sense and override the Google Maps directions. I've also noticed that it's not so convenient to use the map overview mode any more as turn-by-turn is becoming more the norm. It's a different world.



    Also know your map solution as Apple Maps has directed some people to drive their cars into a hot desert, stranding them with no water. Imagine combining this with a self-driving car? Trust but verify image



    Originally posted by: DailyMail.com

    Police in Australia today warned drivers with iPhones not to navigate with Apple Maps after users looking for one city found themselves in barren outback more than 40 miles away.


    Motorists following the much-criticised mapping service to the city of Mildura in the country's south-east ended up in the middle of the nearby Murray-Sunset National Park.


    With no nearby water supplies and temperatures in the park reaching as high as 46C, police warned the mapping error had the potential to be 'life-threatening'.
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    roadrunnerroadrunner Posts: 28,374 ✭✭✭✭✭
    For the past 14 years all I've had available in my cars for "directions" are 8 quadrant, rear-view mirror compasses. Works like a charm.
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
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    ZoinsZoins Posts: 34,489 ✭✭✭✭✭
    Originally posted by: roadrunner

    For the past 14 years all I've had available in my cars for "directions" are 8 quadrant, rear-view mirror compasses. Works like a charm.



    I'm actually not sure how many people know how to use compasses these days but it would be an interesting statistic. It's really not necessary if turn-by-turn directions is working well.
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    ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭
    A compass is a must for kayak fishing on the ocean in the case of thick fog as the electronics can run out of power, but a compass never will.
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    ZoinsZoins Posts: 34,489 ✭✭✭✭✭
    Originally posted by: ErrorsOnCoins

    A compass is a must for kayak fishing on the ocean in the case of thick fog as the electronics can run out of power, but a compass never will.



    The other thing about kayaking is that you're so low on the water that it's hard to see things to get your bearings. A day out on the ocean was always a lot of fun.
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    RYKRYK Posts: 35,801 ✭✭✭✭✭
    The OGH DOG market is quite strong.



    EOM
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    nwcoastnwcoast Posts: 2,905 ✭✭✭✭✭
    Originally posted by: ErrorsOnCoins
    Another thing about maps. For one thing a map is right there on the computer when you google a location. I have used maps extensively all my life. You know what is waaaaay better than any map, the little button called google earth image



    It's all fun and high tech games until the internet goes out!
    And THEN watch what happens image

    call me old fashioned, or... Just plain old!

    Happy, humble, honored and proud recipient of the “You Suck” award 10/22/2014

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    mustangmanbobmustangmanbob Posts: 1,916 ✭✭✭✭✭
    Even the Navy is bringing back Sextants, in case of a GPS blow out.



    When I wore a young mans clothes, I led ambush patrols along the DMZ (47 of them). Using a compass and navigating by stars was critical, as, getting lost and heading north was a short ticket to extinction.
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    davewesendavewesen Posts: 6,949 ✭✭✭✭✭
    When will the rare coin market rebound from what?
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    jdimmickjdimmick Posts: 9,965 ✭✭✭✭✭
    I agree with joebb commentary almost to the T, this is my opinion as well.



    There is business to be done as well, I just purchased one of the biggest and best collections since I have been in business. things are moving along steady, it was purchased at a fair price at the new current levels and being sold at the new levels quite easily.
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    ZoinsZoins Posts: 34,489 ✭✭✭✭✭
    Originally posted by: mustangmanbob

    Even the Navy is bringing back Sextants, in case of a GPS blow out.



    When I wore a young mans clothes, I led ambush patrols along the DMZ (47 of them). Using a compass and navigating by stars was critical, as, getting lost and heading north was a short ticket to extinction.



    Not a bad idea since countries are developing anti-satellite weapons. A while back in simulated air combat between the US and Indian air forces, the US won, but with AWACS turned off, the Indians won. Getting back to the basics isn't a bad thing.


    For coins, a parallel is more people taking ANA grading and counterfeiting classes.
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    s4nys4ny Posts: 1,594 ✭✭✭
    Is aggregate demand for collectable US coins increasing or decreasing?



    For purposes of that question I would pretty much eliminate any coins

    minted after 1964, or those where the metallic value is close to the

    coin value, like a MS 62 Saint, or a roll of AU Franklins.



    I think it is a issue of demographics. Collectors are older than the

    population in general, and are not being followed into the hobby

    by younger collectors.



    Supply will continue to exceed demand.
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    Originally posted by: mustangmanbob
    Even the Navy is bringing back Sextants, in case of a GPS blow out.

    When I wore a young mans clothes, I led ambush patrols along the DMZ (47 of them). Using a compass and navigating by stars was critical, as, getting lost and heading north was a short ticket to extinction.


    I have an Astra 3b ... but I use it for sailing. And, I humped the ~Z for a year ... Keep Up The Fire (or Stands Alone! ... I was both!) ;-)
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    TwoSides2aCoinTwoSides2aCoin Posts: 45,093 ✭✭✭✭✭
    Originally posted by: jdimmick
    I agree with joebb commentary almost to the T, this is my opinion as well.

    There is business to be done as well, I just purchased one of the biggest and best collections since I have been in business. things are moving along steady, it was purchased at a fair price at the new current levels and being sold at the new levels quite easily.


    'Business before pleasure ' is my motto. Rare coins are a pleasure and out of my league still.

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