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What are the new, younger, internet oriented collectors actually collecting?

291fifth291fifth Posts: 24,690 ✭✭✭✭✭

I have no idea but would like to know.

All glory is fleeting.
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  • 291fifth291fifth Posts: 24,690 ✭✭✭✭✭

    @Sonorandesertrat said:
    Debt

    "Get 'em in debt, keep 'em in debt" This is the goal of the leaders of the New Aristocracy. Sad, isn't it.

    All glory is fleeting.
  • TetromibiTetromibi Posts: 947 ✭✭✭✭✭

    Does 30 count as younger? I'm definitely one of the internet oriented collectors. Quarters for me.

    Right now I'm focusing on Washington quarters. When I finish that set, I'll move on to Standing Liberty Quarters, etc.

  • GRANDAMGRANDAM Posts: 8,763 ✭✭✭✭✭
    edited April 1, 2017 7:53AM

    What are the new, younger, internet oriented collectors actually collecting?

    Poke'mon

    This is a Poke'mon Coin Bank ;)

    GrandAm :)
  • I would think coins are very far down on the list! With superhero movies being so hot right now, the comic market is on fire at the moment. I don't know if they can keep kicking superhero movies out at the clip they are, but if they do, that market could remain strong for sometime! Younger people are very into electronics and some collect them. IPhone 1st generations sealed can get into the multi thousands! As these collectors age will they find coins a hobby they enjoy? Will it move them? I hope so, but just don't know.

  • Cougar1978Cougar1978 Posts: 8,779 ✭✭✭✭✭
    edited April 1, 2017 11:56AM

    Many are into online video games like GTAO. If they have some money - etrade and coins less than$100 - $200. I believe ASE, the 5oz ATB 25c and material in that range. Numismatics close to BV and world currency, a super deal at this time.

    A young guy in coin club was recently showing off a PCGS 69 PL 2011ATB 25c 5oz silver piece he picked up for $115 recently - NN coin market shows its MV at $260. It was a really super deal for him and silver has been edging up - his coin now melts at $91.15. A really smart move on his part. He plans to collect the ATB 5oz silver coins. He Also buys PCGS 69 ASE's, Mexico Onzas, Canada 1.25 oz Bison he can win at melt plus $15 or less - the $15 is less than slab cost! Super Deal. He said his Play Station 4, GTA5 / GTAO, Ritz Houston VIP came before any coin spending. He has budgeted 10 pct of income between coins and his dating / entertainment spending. So 5 pct to coins.

    I believe they are going back to the roots of coin collecting vs some big ticket coin way beyond the reach of most of the market.

    Investor
  • KccoinKccoin Posts: 1,086 ✭✭✭✭✭

    Facebook likes! :D

    All joking aside, I would think early issues of current coinage (silver Roosies, Georgies, Kennedies; maybe even wheatbacks)

  • BackroadJunkieBackroadJunkie Posts: 3,745 ✭✭✭✭✭

    iPhones, iPods and iPads.

    I can't believe the guys/gals/whatever that need that new device.

  • MorganMan94MorganMan94 Posts: 1,330 ✭✭✭✭✭

    22 here. I buy whatever I find appealing. At this age it is hard to focus in on a particular series due to the cost of high grades, key dates, series with a large number of coins, etc. but if I find a coin appealing and at a reasonable price I buy it. Simple as that.

  • Aspie_RoccoAspie_Rocco Posts: 3,671 ✭✭✭✭✭

    36, probably not "young"
    I am an internet collector mostly and I focus on Jefferson Nickels with side collections of wheats, Mercury dimes, silver and Ike dollars, choice Omaha Bank Hoard coins, silver halves, etc

    I would like to get into Buffalo nickels and older nickels and dollars, but I like mint state coins and most of the older stuff is priced way beyond my means.
    I also enjoy various type coins and some commemoratives, but haven't bought any commems outside Stone Mountain

    I like Jeffersons for a variety of reasons, but one of the most satisfying things about this series is the comparatively low cost and low popularity.

  • TLeverageTLeverage Posts: 259 ✭✭✭

    Also 22. Since late 2015 I've been focusing on chopmarked Trade Dollars. The goal originally was to create a nice XF-low AU date set, but I'll be waiting for some time on a few key dates, so I decided to go all out for the top graded common dates, as I can afford them, in the meantime. Given how short the series is and how few people were interested, I expanded my collecting radius to its current length, which is chopmarked Trades by variety; a lot of time spent cherrypicking eBay listings and sifting through both raw and graded examples at shows.

  • jwittenjwitten Posts: 5,235 ✭✭✭✭✭

    32 here, sadly not that young anymore, even though I still feel like I am. I really only buy online, and collect gold. Mostly $2 1/2 Indians, and toned gold.

  • BaleyBaley Posts: 22,663 ✭✭✭✭✭

    @Tetromibi said:
    Does 30 count as younger? I'm definitely one of the internet oriented collectors. Quarters for me.

    Right now I'm focusing on Washington quarters. When I finish that set, I'll move on to Standing Liberty Quarters, etc.

    I wouldn't be surprised if this was the most frequent sentiment: start current, move backwards in time. Many of us did it exactly that way. As most collectors will be on some sort of a budget, the acceptable condition tends to move down as the coins get older, while still hoping and trying for nice eye appeal, so while of course the gem coins will always be awesome in each series, a reasonable goal might be gem Washingtons, choice to AU SLQs, AU to XF Barbers, XF to VF Seated coins, VF to Fine capped bust coins, and Good to Fine draped bust coins. Or, alternatively, or maybe later, an AU/Unc type set.

    Liberty: Parent of Science & Industry

  • Banknotes122Banknotes122 Posts: 74 ✭✭✭

    I am mostly focused on large size currency. More specifically the educational series and legal tender notes. My next goal is to obtain a bison note and a $500 note from any district.

    Successful transactions: Illini420, Bajjerfan, Coinfolio, Chadc13, Konsole, DM679864, Weiss and many more

  • Desert MoonDesert Moon Posts: 5,990 ✭✭✭✭✭

    For every pure collector that comes here there seem to be a dozen bullion stackers - they all have channels on Youtube, hoards of these young folks stacking.........

    My online coin store - https://desertmoonnm.com/
  • scubafuelscubafuel Posts: 1,940 ✭✭✭✭✭

    I'm 34, so not really new, but certainly on the younger side of any given coin show. I collect bust quarters by die variety, and spice it up with gold from the 1840s.

  • UnclePennyBagsUnclePennyBags Posts: 327 ✭✭✭

    I'm 38 and 90% of my collection is from internet buying... The rest from estate auctions.... I'm a type set collector with a strange affinity for coins that end in 8.

    Successful trades.... MichaelDixon,

  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭
    edited April 1, 2017 8:50PM

    @Sonorandesertrat said:
    Debt

    The ones I know are heavy into robo investors like Wealthfront and Betterment.

  • ShadyDaveShadyDave Posts: 2,217 ✭✭✭✭✭

    @Justacommeman said:
    Love the Young Turks in this thread! Refreshing

    mark

    You mean the ones who deny the genocide they perpetrated against Armenians?

    I collect Mercury dimes, Quarter eagles and a few foreign series too.

    Many young people stick to bullion, 90% and Foreign silver coins that have low premium over melt value.

  • AmazonXAmazonX Posts: 680 ✭✭✭✭

    I'm 29, but this month is my 10 year anniversary official collecting nickels (just need the 1883/2 and I'm done). Within the past 5 or so years I started collecting contemporary counterfeits and proof like coins. Also collect whatever type that grabs my attention.

  • DRUNNERDRUNNER Posts: 3,898 ✭✭✭✭✭

    Maybe unfortunately . . . . 60 here. Feel 35, but my driver's license says 60. Will be pacing the Wasatch 100 this year . . but I am considered old on these boards.

    Anybody wanna race 50 miles in the mountains???

    So . . . I am not young, I guess, but I am collecting toned Type, Doilies, and anything that is outrageous !!!!

    Drunner

  • cameonut2011cameonut2011 Posts: 10,181 ✭✭✭✭✭

    Most seem interested in bullion and toners.

  • Coin FinderCoin Finder Posts: 7,404 ✭✭✭✭✭

    1804 dollars???

  • RockyMtnProspectorRockyMtnProspector Posts: 754 ✭✭✭✭✭

    38 here, started back up when I was 35. Always liked Walkers and Mercs, but have added toned Morgans, gold, and toned Buffalo nickels to the bunch. I buy what I like, mostly from shows (I really enjoy the camaraderie of shows and appreciate seeing things in hand), but also from the Internet. Also pick up quite a bit of exonumia as well when I happen upon it.

    Recently also added bank-related marketing to the overall coin collection (bank bags, Federal Reserve bags, promotional items). Also do currency, Colorado nationals, large size key notes, and world notes (mostly by design, but also prefer former British colonies).

    So, just about anything that is premium quality (that I can afford) and really stands out to me.

    GSAs, OBW rolls, Seated, Walkers. Anything old and Colorado-focused, CO nationals.



    Gonna get me a $50 Octagonal someday. Some. Day.
  • JJSingletonJJSingleton Posts: 1,401 ✭✭✭✭✭

    It is very refreshing to see that so many of you are youngsters. Maybe this hobby of kings may last a bit longer than so many of the grumpy old men on this forum espouse.

    Joseph J. Singleton - First Superintendent of the U.S. Branch Mint in Dahlonega Georgia

    Findley Ridge Collection
    About Findley Ridge

  • NapNap Posts: 1,755 ✭✭✭✭✭

    In my 20s I collected circulated (VF-XF) draped and capped bust halves. My collection grew slowly since I spent much of that time in school.

    I'm in my 30s now. I collect a small area of medieval British Anglo-Saxon coins, which I've been working on for a few years. I've managed to put together one of the most comprehensive sets of these coins outside of museums, though it's a very niche area. I'm also no longer all that young.

  • CuKevinCuKevin Posts: 1,739 ✭✭✭✭

    Recently turned 24 and have been collecting coins since I was a child. My main focus has been early large cents, but I have also been branching out into high grade mercury dimes and Russian silver kopeks.

    Zircon Cases - Protect Your Vintage Slabs www.ZirconCases.com
    Choice Numismatics www.ChoiceCoin.com

    CN eBay

    All of my collection is in a safe deposit box!
  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Lots of young coin collectors.... Many more than the doomsayers have been saying.... The internet is the main venue..... and not just regular websites... The market is changing... and oldtimers do not see it...Cheers, RickO

  • neildrobertsonneildrobertson Posts: 1,257 ✭✭✭✭✭

    I recently crossed over into my 30s. I primarily collect German and, to a lesser extent, other European coins. I was priced out of classic US coins when I started collecting 5 years ago, which is what I was equally interested in at first.

    IG: DeCourcyCoinsEbay: neilrobertson
    "Numismatic categorizations, if left unconstrained, will increase spontaneously over time." -me

  • NysotoNysoto Posts: 3,824 ✭✭✭✭✭

    What are the new, younger, internet oriented collectors actually collecting?

    Eventually, and probably sooner than later, everything us aging boomers have collected. There will be a huge intergenerational transfer of coins from the geezers to the millennials. I don't want to speculate on the prices.

    Robert Scot: Engraving Liberty - biography of US Mint's first chief engraver
  • ShortgapbobShortgapbob Posts: 2,332 ✭✭✭

    Had this talk with someone at Baltimore this weekend. Lots more younger collectors out there than many think. They just don't always go to coin shows and coin club meetings. New generation, more networking through internet, Facebook, etc.

    I just turned 33 and have been full time in the business for 10 years now.

    "It is the mark of an educated mind to be able to entertain a thought without accepting it." -- Aristotle

    For a large selection of U.S. Coins & Currency, visit The Reeded Edge's online webstore at the link below.

    The Reeded Edge
  • SmEagle1795SmEagle1795 Posts: 2,199 ✭✭✭✭✭

    I know of at least five collectors younger than 30 who have multi-million dollar collections of ancient coins.

    Learn about our world's shared history told through the first millennium of coinage: Colosseo Collection
  • 291fifth291fifth Posts: 24,690 ✭✭✭✭✭

    @SmEagle1795 said:
    I know of at least five collectors younger than 30 who have multi-million dollar collections of ancient coins.

    The future of 99.9% the hobby is not going to dependent on multi-millionaire collectors of any age. The .1% are always going to be there to pick off the trophy coins but who is going to be there to collect everything else.

    All glory is fleeting.
  • AmazonXAmazonX Posts: 680 ✭✭✭✭

    I remember seeing an opinion piece from the 1840's(?) saying the same thing that the hobby is too old and young kids aren't interested it and that coin collecting will die out. I think it's done fine for the last 167+ years.

  • 3keepSECRETif2rDEAD3keepSECRETif2rDEAD Posts: 4,285 ✭✭✭✭✭

  • RonyahskiRonyahski Posts: 3,119 ✭✭✭✭✭

    Refreshing to see, and surprising responses. Never thought there would be such an eclectic response on what is being collected.

    I'm an old dog, but am curious to learn the new tricks of the younger collectors, like what is an Instagram.

    Keep up the responses.

    Some refer to overgraded slabs as Coffins. I like to think of them as Happy Coins.
  • jwittenjwitten Posts: 5,235 ✭✭✭✭✭

    @ChrisRx said:
    31,

    Got a family to take care of. I bought more pre-family, pre-mortgage, etc.

    I am still into coins but not as much disposable income. Wife stays at home as well to watch the kidos. If it were not for my first home purchased (and later turned into a rental property) Then I'd probably have no money to spend on coins. On top of all that I am at the moment socking away 30% in a 401k (playing catch-up right now.)

    My wife and I have both worked full time since graduation college. Never made huge money, but we are thrifty, so are big savers. That has enabled me to have a decent collection of interesting gold coins. We just had our second baby this past December, and my wife has decided to stay home. I expect this to severely hinder my new purchases for the next few years, and I might have to sell off a few of my favorites to still be able to invest some.

  • PaleElfPaleElf Posts: 990 ✭✭✭

    CBHs, Baseball Cards, and Hand Spinners

  • PaleElfPaleElf Posts: 990 ✭✭✭

    I will add that I purchase a lot through Instagram these days.

  • hutze1nmhutze1nm Posts: 235 ✭✭✭

    I'm 28 and I only collect proof like Morgans but I love picking out Morgans and subbing them for 65s or better to help fuel my collecting.

    Things I like to do: Collect PL Morgans. That’s is all.
  • RexfordRexford Posts: 1,310 ✭✭✭✭✭

    18 here. I started with US coins but branched out and eventually dropped US altogether and now pretty much exclusively collect world coins/medals. I've always aimed for top pops or high mint state and intricate or very attractive designs. I mainly like German States coins because they fit into those categories very easily, but if I see anything else I like I try to get it. My tastes are evolving and expanding over time, although perhaps they would be broader already if I had a larger budget ;)

  • david3142david3142 Posts: 3,599 ✭✭✭✭✭
    edited April 2, 2017 6:18PM

    @hutze1nm said:
    I'm 28 and I only collect proof like Morgans but I love picking out Morgans and subbing them for 65s or better to help fuel my collecting.

    Are you collecting for a set or just buying ones you like? Do you have a link to your collection?

  • AblinkyAblinky Posts: 628 ✭✭✭

    I'm 20 and have been working on a short set of walkers for a few years now. I cracked the top 20 on the Registry (fantasy coin collecting as my dad calls it) and also collect Swiss Shooting Medals when I find ones that look cool and are relatively inexpensive.

    Andrew Blinkiewicz-Heritage

  • hutze1nmhutze1nm Posts: 235 ✭✭✭

    @david3142 said:

    @hutze1nm said:
    I'm 28 and I only collect proof like Morgans but I love picking out Morgans and subbing them for 65s or better to help fuel my collecting.

    Are you collecting for a set or just buying ones you like? Do you have a link to your collection?

    I have my date set of PL Morgans minus the 4 hardest dates and 2 I'm holding out for nicer coins on -

    https://www.pcgs.com/SetRegistry/dollars/morgan-dollars-specialty-sets/morgan-dollars-prooflike-only-date-set-circulation-strikes-1878-1921/alltimeset/150690

    Things I like to do: Collect PL Morgans. That’s is all.
  • SangoSango Posts: 177 ✭✭✭

    I'm 34 now, but in my earlier collecting years, I was hung up on anything --CC Mint mark, and of course, Morgans in general. Also Civil war tokens.

    At one time I had probably 20 GSA's, today only two of my originals I still have

    These days I like old gold, and capped busts (and everything CC)

  • david3142david3142 Posts: 3,599 ✭✭✭✭✭

    @hutze1nm said:

    @david3142 said:

    @hutze1nm said:
    I'm 28 and I only collect proof like Morgans but I love picking out Morgans and subbing them for 65s or better to help fuel my collecting.

    Are you collecting for a set or just buying ones you like? Do you have a link to your collection?

    I have my date set of PL Morgans minus the 4 hardest dates and 2 I'm holding out for nicer coins on -

    https://www.pcgs.com/SetRegistry/dollars/morgan-dollars-specialty-sets/morgan-dollars-prooflike-only-date-set-circulation-strikes-1878-1921/alltimeset/150690

    Very cool but you need more pictures! The early/mid 1890s are hard!

    I recently completed my date set with the purchase of a 92-S, but I'm still going for the complete date/MM version. I have about 70 of the 103 needed, maybe half of which are PL/DMPL.

  • QCCoinGuyQCCoinGuy Posts: 335 ✭✭✭✭

    I'm 25. Don't really collect methodically, I just pick up the coins I find appealing. I have worked in the industry for more than seven years now, so coin collecting has kind of become a job rather than a hobby, not that I'm complaining. I find the acquisition of books for my job to be just as, if not more satisfying than finding coins, and often more of a challenge. Recently, I've taken an interest in the medals and tokens put out by my local coin club.

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