Coin collecting is not going anywhere. Prices of coins might rise and fall, but it is not called the "hobby of kings" for no reason.
I'm a millennial and I know a lot of us enjoy collecting coins and/or bullion, despite popular beliefs. Many of us are poor or have a lot of other things going on in life. For instance, I bought a house a little over a year ago, got engaged this past summer and I'm getting married next year. That leaves me with little time and even less money to find NEWPS!
Humans are collectors and hoarders and that will never change. I was first attracted to bullion & coins after I inherited my grandfathers collection. I started off coin roll hunting and worked my way over to collecting 90% (gold and silver) at the LCS and pawnshops. I then progressed into starting sets and refining my tastes after I gained knowledge and $$$.
Promoting the hobby, making friends in communities like this one and sharing knowledge with fellow collectors is the most important thing in keeping the hobby successful. The economy will always go up and down, demographics will change, but precious metals, history and physical assets will always be in-demand... and coins are the epitome of that. Thanks for being an awesome community and let's hear what you have to say.
Collect coins as a kids - typically Lincoln Cents
Dwindling interest in high school and college - cars, girls and school take over!
Graduate high school or college, start and focus on career
Get married
Buy first house
Have and focus on young pre-school children - no time and no money for hobby
Kids get a little older - and voila! They pick up a Redbook, see some of Dad's old coins he put away, Dad takes them to a coin show . . ...
Now Dad is older, established in career and maybe has some discretionary money to collect or "invest".
==Looking for pre WW2 Commems in PCGS Rattler holders, 1851-O Three Cent Silvers in all grades
Successful, problem free and pleasant transactions with: illini420, coinguy1, weather11am,wayneherndon,wondercoin,Topdollarpaid,Julian, bishdigg,seateddime, peicesofme,ajia,CoinRaritiesOnline,savoyspecial,Boom, TorinoCobra71, ModernCoinMart, WTCG, slinc, Patches, Gerard, pocketpiececommems, BigJohnD, RickMilauskas, mirabella, Smittys, LeeG, TomB, DeusExMachina, tydye
Comments
Coin collecting is not going anywhere. Prices of coins might rise and fall, but it is not called the "hobby of kings" for no reason.
I'm a millennial and I know a lot of us enjoy collecting coins and/or bullion, despite popular beliefs. Many of us are poor or have a lot of other things going on in life. For instance, I bought a house a little over a year ago, got engaged this past summer and I'm getting married next year. That leaves me with little time and even less money to find NEWPS!
Humans are collectors and hoarders and that will never change. I was first attracted to bullion & coins after I inherited my grandfathers collection. I started off coin roll hunting and worked my way over to collecting 90% (gold and silver) at the LCS and pawnshops. I then progressed into starting sets and refining my tastes after I gained knowledge and $$$.
Promoting the hobby, making friends in communities like this one and sharing knowledge with fellow collectors is the most important thing in keeping the hobby successful. The economy will always go up and down, demographics will change, but precious metals, history and physical assets will always be in-demand... and coins are the epitome of that. Thanks for being an awesome community and let's hear what you have to say.
How many of us had a similar path as mine:
Collect coins as a kids - typically Lincoln Cents
Dwindling interest in high school and college - cars, girls and school take over!
Graduate high school or college, start and focus on career
Get married
Buy first house
Have and focus on young pre-school children - no time and no money for hobby
Kids get a little older - and voila! They pick up a Redbook, see some of Dad's old coins he put away, Dad takes them to a coin show . . ...
Now Dad is older, established in career and maybe has some discretionary money to collect or "invest".
==Looking for pre WW2 Commems in PCGS Rattler holders, 1851-O Three Cent Silvers in all grades
Successful, problem free and pleasant transactions with: illini420, coinguy1, weather11am,wayneherndon,wondercoin,Topdollarpaid,Julian, bishdigg,seateddime, peicesofme,ajia,CoinRaritiesOnline,savoyspecial,Boom, TorinoCobra71, ModernCoinMart, WTCG, slinc, Patches, Gerard, pocketpiececommems, BigJohnD, RickMilauskas, mirabella, Smittys, LeeG, TomB, DeusExMachina, tydye
That's a well-written article that covers the topic, and I found nothing to disagree with, nor can I think of anything to add.
I'll be interested to read other responses; the sister thread that veered off-topic, then back, then slowed down is still alive, too.
Liberty: Parent of Science & Industry
I spend hours at coin shows educating "new" 40-60-year-old collectors.
i see many at shops/shows. many.
.