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Young folks from 17 to 26 (appx)

topstuftopstuf Posts: 14,803 ✭✭✭✭✭

Anyone in this age group would be WELL advised to either have or ACQUIRE in-depth COIN knowledge.
There's a WAY better than even shot that your age group will be the segment tasked with ....either... disposing of or managing many coin collections. (as well as other assets of VALUE)
Demographics are working toward that. :)

AND.... it "appears" that there won't be a big group of newcomers into that field.

Comments

  • WalkerfanWalkerfan Posts: 9,897 ✭✭✭✭✭

    Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍

    My Full Walker Registry Set (1916-1947):

    https://www.ngccoin.com/registry/competitive-sets/16292/

  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭

    @chesterb said:
    Yeah coins are exactly what their hormones are raging about!!

    Post not aimed at the slackers and disinterested.
    Got enough of them.

  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭

    Parents or grandparents who could manage to ...steer... the "kids" into this field could do more for them than a junior college ever could.
    :)

    Consultants don't usually go broke.

  • 291fifth291fifth Posts: 24,854 ✭✭✭✭✭

    Isn't the internet already crowded with young "online only" collectors who are driving the current market to new highs? >:)

    All glory is fleeting.
  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭

    @291fifth said:
    Isn't the internet already crowded with young "online only" collectors who are driving the current market to new highs? >:)

    The Internet is full of everything except coin estate handlers who know their stuff.

  • hammer1hammer1 Posts: 3,874 ✭✭✭✭✭
    edited June 25, 2020 2:25PM

    ^ yep.

  • chesterbchesterb Posts: 988 ✭✭✭✭✭

    I'm teaching my kids about Roth IRAs, SP 500, Bitcoin, etc. I'm hoping they retain enough of that knowledge and maintain good jobs from their college education.

    I'll give them instructions on what to do with my collection if it's not sold before I depart to the Big Mint in the sky.

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Learning estate disposal procedures (land, property, collections - art, coins, firearms, cars etc.) that are applicable to the family would be a wise move. Most will likely encounter that issue at some point....so, again, the six P proverb applies (Prior Planning Prevents Piss Poor Performance). Cheers, RickO

  • bidaskbidask Posts: 14,052 ✭✭✭✭✭

    I have 3 kids

    All young and bright and good people

    Age range 17 - 27

    None of them ever gave myself or their mother any grief .

    Two are married and off dad’s payroll ... well sortof except when I give them cash gifts. 🤓

    None of them have an interest in coins.

    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.




  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭

    @bidask said:
    I have 3 kids

    All young and bright and good people

    Age range 17 - 27

    None of them ever gave myself or their mother any grief .

    Two are married and off dad’s payroll ... well sortof except when I give them cash gifts. 🤓

    None of them have an interest in coins.

    which.......seems to indicate........... a HUGE need for a knowledgeable .......someone...... to offer.......... an.....educated.....way to....... make sense.................. of unknown assets.

    But.....then..... I do know how to whistle Dixie. :s

  • stockdude_stockdude_ Posts: 527 ✭✭✭✭

    @291fifth said:
    Isn't the internet already crowded with young "online only" collectors who are driving the current market to new highs? >:)

    Do you really think these online newbie traders are having any real impact on the overall market? I dont

  • JimnightJimnight Posts: 10,846 ✭✭✭✭✭

    :/

  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭

    Since nobody seems to see any opportunity in this thread, I'll stop trying. :|

  • olympicsosolympicsos Posts: 928 ✭✭✭✭

    I think the market for classic designs like Indian Head Cents, Lincoln Cents, Buffalo Nickels, Mercury Dimes, Washington Quarters, Walking Liberty Halves, Kennedy Halves, Morgan Dollars and Peace Dollars will end up tanking and going into a decades long slump like Classic commemoratives as older people retire, pass away or sell their collections. There are young collectors, but the enthusiasm for the classic Americans designs just isn't there among millennial and Gen Z coin collectors.

  • ElmerFusterpuckElmerFusterpuck Posts: 4,845 ✭✭✭✭✭

    They are out there. They are just not necessarily here. And that's why a topic like this withers, it's an echo chamber.

  • OldhoopsterOldhoopster Posts: 2,930 ✭✭✭✭✭
    edited July 4, 2020 5:15PM

    @bidask said:
    I have 3 kids

    All young and bright and good people

    Age range 17 - 27

    None of them ever gave myself or their mother any grief .

    Two are married and off dad’s payroll ... well sortof except when I give them cash gifts. 🤓

    None of them have an interest in coins.

    Same here. One just got his MS in electrical engineering, his twin sister has A BS in biology and 1 year to go to be a Physicians Asst, and the youngest is studying materials engineering (similar to chem engineering) while playing college basketball. Nobody gives a rat's behind about numismatics or Dad's collection.

    Member of the ANA since 1982
  • Pnies20Pnies20 Posts: 2,520 ✭✭✭✭✭

    @topstuf said:
    Since nobody seems to see any opportunity in this thread, I'll stop trying. :|

    I do. I’m gobbling up any info I can find. I also find researching trends in market prices interesting throughout the past decade or so.

    BHNC #248 … 140 and counting.

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