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Anyone have any suggestions for getting my teenaged boys into the hobby?
SanctionII
Posts: 13,065 ✭✭✭✭✭
I have tried in the past, without success.
Thinking about trying it again and am looking for helpful hints.
Thinking about trying it again and am looking for helpful hints.
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Some people will just never "get it" so to say..
Menomonee Falls Wisconsin USA
http://www.pcgs.com/SetRegistr...dset.aspx?s=68269&ac=1">Musky 1861 Mint Set
<< <i>Find some girls that are into collecting >>
Hard to do. I think guys outnumber the ladies 100:1 Its a sausage fest for sure. I definitely do not go to coin shows for "babes" hah.
Aaron
have you tried salting some penny rolls?
or challenging them with a coin budget to see who can out do the other and offer prizes?
paying um in silver dollars might help?
ask them to help you giveaway some coins to kids who care that are worth some $$$ as their not getting none no mores
find a local coin club and have a y/n come over in front of um and praise him...not them
My observations conclude sadly that kids just don't like coins. I have seen some get the kids interested when they reach around 18 and start to see it as a money making opportunity.
John Maben
Pegasus Coin and Jewelry (Brick and Mortar)
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Then show him some real gold and that he can start his own treasure chest.
"Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
http://www.american-legacy-coins.com
<< <i>Forbid them.
This might just work!
The name is LEE!
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Affinity towards coins or any other hobby comes by nature, not by persuasion. If the teenagers are intrigued by numismatics then they will find their own way into involvement with the hobby. Having someone (especially a parent) trying to force a hobby upon a person or otherwise attempting to cram coin collecting down peoples' throats will almost never create interest and may actually incite resentment towards that hobby.
It's sort of like parents who make their young kids play an instrument like the violin or enter them in beauty pageants. The true talents are the ones who couldn't resist picking up a violin bow on their own will and not the ones who had after school lessons forced upon them.
Authorized dealer for PCGS, PCGS Currency, NGC, NCS, PMG, CAC. Member of the PNG, ANA. Member dealer of CoinPlex and CCE/FACTS as "CH5"
i like it
you could lay their allowance down (cash) on the counter and a coin next to it...tell um they only get to pick one and no lookin the coin up at time of offer
<< <i>You should get them some of those Palau coins with the topless mermaids on them... That should get them interested
Or one of these babies-
Seriously, if they are going to be interested, they'll figure it out without any help.
NSDR - Life Member
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ANA - Pay As I Go Member
<< <i>Tell them if they learn a lot about the hobby they can make a lot of money in it. Money appeals to teenagers. >>
That's true in part, but the majority of coin dealers do not make a lot of money when compared to other professions. Teenagers like money, but most of them would rather make some working a job that they at least partly enjoy, that does not require initial start-up capital and lessens their chances of being jeered by their school peers. Besides, not every teenager can find a financial backer or have parents that are able or willing to back their kids financially, an aspect that is probably required when becoming a coin dealer.
In my earlier coin dealing years while I was still in college there were times when my classmates who were working part time in the freshmen dining hall were making a lot more money per week than I was. That was depressing.
Authorized dealer for PCGS, PCGS Currency, NGC, NCS, PMG, CAC. Member of the PNG, ANA. Member dealer of CoinPlex and CCE/FACTS as "CH5"
My ten year old goes in and out of the hobby. He loves it when his mind is focused on coins/currency, but then he gets sidetracked by other hobbies. Lately it is the electric guitar and he doesn't even care about video games or anything.
But, to answer your question, you could get your kids interested by offering them a business opportunity. For example, set-up an eBay account and then have them image and list coins that you guys buy as a team. Maybe that would get them focused on coins, especially if you actually make money doing it.
Menomonee Falls Wisconsin USA
http://www.pcgs.com/SetRegistr...dset.aspx?s=68269&ac=1">Musky 1861 Mint Set
Sell a couple of your cherry picks, then dance all around the house telling them what you paid and what you got for it, the wheels will start turning.
coins.
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I am 16 going on 17
``https://ebay.us/m/KxolR5
I give away money. I collect money.
I don’t love money . I do love the Lord God.
<< <i>Forbid them.
That's too funny.
I might suggest that you just try to "plant the idea". Give them both a collection
of something that has some real value and is really theirs but store it for them un-
til they move out of the house. This doesn't have to be extremely expensive. It
could be a year set of nice attractive Morgans or a collection of mint or proof sets.
Be sure to sit down for at least a few minutes and talk about the coins and why
you love collecting. Just be prepared for them not to become interested later be-
cause that's always a possibility. Many people who don't start before about eleven
just don't have the "bug" and aren't ever going to become collectors.
U.S. Type Set
You mean, young boys DON'T take to old coins?
That IS strange! How old are these young men?
I have THE sure fired way to get them interested!
Give them a choice! For particulars, PM me!
<< <i>My ten year old goes in and out of the hobby. He loves it when his mind is focused on coins/currency, but then he gets sidetracked by other hobbies. Lately it is the electric guitar and he doesn't even care about video games or anything.
But, to answer your question, you could get your kids interested by offering them a business opportunity. For example, set-up an eBay account and then have them image and list coins that you guys buy as a team. Maybe that would get them focused on coins, especially if you actually make money doing it. >>
I gave the issue some thought last night. My folks tried to get me interested when I was a kid. Some of the lessons stuck, but the interest only happened about the time I hit 40.
One of the things that bugged the heck out of me as a kid was that the only way to make money at coins was to hold them for 40 years. Well shucks, what kid is going to want to do that? Their time horizons are SHORT - measured in hours or days.
I think I would try either the above suggestion, or maybe this one.
Give each boy $200 (or pick a number). Give them 45 days or 60 days to grow the money using ONLY coins. Buy low, sell high. The son that has the highest profit at the end of the time period wins. The winner gets another $200 (or pick a number).
This might give them incentive to learn about coins. Worst case, you'll be out some cash. Best case one or more of your sons will find he's good at numismatics.
I seem to recall being a kid and thinking - all these coins are neat, but how many damn New Zealand hay-pennies can a fella stand to look at. I never had much in the way of money as a kid, neither did mom or dad. So I ended up with coins from the flea market or junk box. Nothing interesting in circulation. So why spend time on something as boring as coins when I could be out making a few bucks doing yard work or spending a few bucks playing video games. (Girls and cars came latter).
Just a thought. Tough problem.
Bob
Can they help you take pics? Some kids are more adept at photography than some adults and that may be one way to get help and have them learn at the same time.
Get a Dansco7070 and ask for their help/advice on some coins that get in there.....stay away from the moderns initially...they would see those and not think anything about it.
Try for the obselete numbers (2 cent, 3 cent, half-dime, twenty cent...you get the idea). Same for the type I SLQ....Tell them the difference and get their opinions.
Get different mint mark examples as well.....make sure they know about the different mints and what to look for.
DO NOT get low grade examples....that turned me off when I was young (and I didn't know better) and my son doesn't like them either, but he does like toned coins and I do ask his help in a lot of the coins we purchase.
Another thing you can do......tell them you want to give them a little starter money and will help them research, if they want, some coins/series. You will front them the money if they want to buy/sell. Don't encourage the quick flips though (maybe the mint items, but be careful there as if they get stuck with losers, they will likely lose interest quickly).
If they buy something for $100 and can sell it for $150 in a few months/year, they get $50 plus whatever you want to give them from the front money.
If you get them to do a little of this on ebay/the BST here, you can teach them about some math and business (as well as ethics). I keep hearing of too many kids not knowing how to balance a checkbook, handle simple number calculations, etc, that my son is, and will continue, doing the above with me so that he knows for when he is on his own.
Another way to get some interest in the coins (I am hoping you can trust them....not meant to be insulting at all, but I do hear stories of the kids stealing from their parents) is to show them the spreadsheet of what you have (or a portion of it) and show them the values (bought for/sold for (or still have and the current value), etc.
Tell them that you have to make a choice at some point......keep the collection to pass on (as coins and their values) or to sell at some point to get the cash so they don't get ripped off. Show them the stories here of folks getting ripped off by dealers when they don't know better. Tell them you don't want that to be them...that you would hate for them to get $100 for something worth $1000 or more. That if they knew more about the coins and dealers, then they could benefit from the full amount, but otherwise, you will have to sell off at some point (and then add in, as if in afterthought, that is "may be a good thing to do as the money could be used for mom and I on a few nice vacations....."
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
( i know it's already been mentioned, but it is the most logical)
``https://ebay.us/m/KxolR5
I was thinking about the photography angle and the making money angle. I laughed when the "find some cute teenaged girl collectors" was suggested. Do you know of any teenaged girls who collect coins? Rara Avis IMHO
<< <i>Thanks for the excellent (and humorous) suggestions.
I was thinking about the photography angle and the making money angle. I laughed when the "find some cute teenaged girl collectors" was suggested. Do you know of any teenaged girls who collect coins? Rara Avis IMHO
For the right coinage, I could find some
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
Since you said that you have tried to get them interested in the past with no success there isn't much hope of getting them interested now. The only thing you can do is find out what their interests are and become more involved in that. Try taking them up for an introductory flight lesson at the local airport.... maybe you will all find an interest in flying....lol.
<< <i>The idea of using the money-making angle to interest kids in coins is bothersome to me. When I was a kid, the idea of making money off collecting coins didn't even enter my mind! I think using that tactic to to inspire them to "collect" coins is wrong. Collecting and enjoying coins wouldn't be their motive, but greed and money. >>
Some people collect out of OCD, some out of greed. First things first.
I say set the hook with a little greed and money and let them grow into crazy OCD afflicted old men that hoard pocket change in old mason jars buried eight feet east of the north-east corner of the garage...
With any luck, some where along the way will be the "happy collector phase" that we all see think of ourselves in.
<< <i>
<< <i>The idea of using the money-making angle to interest kids in coins is bothersome to me. When I was a kid, the idea of making money off collecting coins didn't even enter my mind! I think using that tactic to to inspire them to "collect" coins is wrong. Collecting and enjoying coins wouldn't be their motive, but greed and money. >>
Some people collect out of OCD, some out of greed. First things first.
I say set the hook with a little greed and money and let them grow into crazy OCD afflicted old men that hoard pocket change in old mason jars buried eight feet east of the north-east corner of the garage...
With any luck, some where along the way will be the "happy collector phase" that we all see think of ourselves in. >>
I'm w/ Bobgreene on this one....the difference being that I think they should be shown that money can be made and smart decisions SHOULD be made, since coins are a hobby and potentially an investment.
That's why I didn't talk about a lot of flipping but taking some time to see coins appreciate.
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment