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So does everyone want "new blood" in numismatics or not?

Billet7Billet7 Posts: 4,923 ✭✭✭
It seems to always be a contradiction on these forums. Some think "out with the old, in with the new." Others think "tried and true is best."

I see threads all the time that talk about the "aging numismatic population." Additionally I see other threads (recently) that belittle young "dealers with laptops." So my question is this, does the general forum population want a constant flow of new collectors and dealers, or not? Why?

***I want to start a real discussion, please leave your snide "ageism" remarks on another thread.***

I would think new collectors and competition would be healthy for collecting as a whole.

Comments

  • New collectors and responsible dealers are always welcome in my book.

    But new collectors aren't necessarilly young, but are generally in their 40s and 50s. I've seen a lot of new collectors come along in that age group. The kids are getting older and starting to move out, the bills and house are mostly paid for, they've been successful in their career and now it's time to play around a little bit. Some are people that collected when they were kids and drifted away, some have just recently been introduced to the idea. It seems that there are few people that actually start collecting at a young age and continously collect throughout their life.
  • There is a Regional show I attend 4 times a year...in White Plains, NY. There is a section of the bourse set aside for Stamp dealers... the (in poor taste) joke is "they should set up a paramedic unit there for all the oldtimers"...

    If we do not welcome and encourage younger folks to get involved in Coin collecting the hobby will fade away over time... this hobby has been handed down, generation to generation for as long as it has existed. Like with all "gaps" between generations... there will always be that hesitance when young folks show up and "change" things...

    Being a somewhat Obsessive/Compulsive bunch, many of us have trouble with change... yet the hobby needs and should always have "new blood" to keep it vibrant and alive...

    Besides... if no new folks come into the hobby, who are you (or your heirs) gonna sell your collection to down the road? image
    Re: Slabbed coins - There are some coins that LIVE within clear plastic and wear their labels with pride... while there are others that HIDE behind scratched plastic and are simply dragged along by a label. Then there are those coins that simply hang out, naked and free image
  • TreemanTreeman Posts: 426 ✭✭✭
    Im an "old" guy, and I've been collecting for 30+ years. New blood in the hobby is always good. I'm getting my nieces and nephews into the hobby, though it's been costing me to do so :-) As for the "new" dealers, I think honest sellers on ebay, or whatever, are just as much "dealers" as the big guys. Of course, I'm still too "old school" to believe in the "70" modern thing....
  • BECOKABECOKA Posts: 16,961 ✭✭✭
    New Blood is necessary to keep the hobby moving forward. You never know when some budding numismatist will get the urge to do some breaking research that fills in some major gaps in numismatic history. image
  • jesbrokenjesbroken Posts: 11,194 ✭✭✭✭✭
    Without new collectors their will be no collectors at all. Eventually it will disintegrate into a memory. Most older collectors, like myself, enjoy teaching and advising YN's just entering this world of numismatics. Hopefully, they will continue to enter the field--the more the better--JMO
    Jim

    When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln

    Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
  • BillyKingsleyBillyKingsley Posts: 2,661 ✭✭✭✭
    I'm 24 and have been in the hobby less then a year. I've felt very welcomed into the hobby, and I don't plan to leave, again, despite the fact that I can't afford to add new items to my collection more then a few times a year. I collected briefly in 1995 and 1996 and then stopped. I came back last year and now am here to stay.
    Billy Kingsley ANA R-3146356 Cardboard History // Numismatic History
  • bigmarty58bigmarty58 Posts: 2,002 ✭✭✭✭✭
    Being a new collector, just turned 50, allways been interested in collecting, have finally been able to afford to collect. I have included my teen age daughter in collecting also. She enjoys being with me and collecting has opened new doors between us. This hobby needs collectors of all ages. I think the fascination with different types of coin collecting is also very much a positive thing. I feel that coin collecting will allways have a stong following. The future is what we make of it.

    Robert.
    Enthusiastic collector of British pre-decimal and Canadian decimal circulation coins.
  • SanctionIISanctionII Posts: 12,940 ✭✭✭✭✭
    Collectors are as varied as the general population. Many character traits can separately cause a person to collect and otherwise play in the hobby.

    New collectors, regardless of age, are needed to keep the hobby strong and vibrant.

    To me, what would be ideal is the following:

    A large increase in the number of people (around the world) who have an interest in history, politics, art, religion, government, industry, economics, finance, investing and who desire to study same. Curiosity and a thirst for knowledge, plus a desire to acquire and own objects (including coins) that were created at various times throughout history. Having substantial numbers of persons like the above (instead of persons who have no interest in anything other than satisfying their daily needs and wants) would cause an increase in those who participate in the hobby. Greater participation across the globe by educated and curious individuals would mean greater demand for coins, greater chance for having more fun in the hobby and greater chance for making money in the hobby.
  • Steve27Steve27 Posts: 13,277 ✭✭✭
    My coin club lost more members, due to death, than we had join last year. Thus, we don't want new blood, we NEED new blood.
    "It's far easier to fight for principles, than to live up to them." Adlai Stevenson
  • BearBear Posts: 18,953 ✭✭✭
    We don need no steekin blood

    just pump in some more plasma.image

    and maybe a root beer float or two.
    There once was a place called
    Camelotimage
  • OKbustchaserOKbustchaser Posts: 5,567 ✭✭✭✭✭


    << <i>Without new collectors their will be no collectors at all. Eventually it will disintegrate into a memory. Most older collectors, like myself, enjoy teaching and advising YN's just entering this world of numismatics. Hopefully, they will continue to enter the field--the more the better--JMO
    Jim >>



    I agree with this wholeheartedly. On the other hand, for those whose only concern seems to be "Who will buy my coins when I'm gone if no one else enters the hobby?" I honestly couldn't care less who my heirs sell them to. I don't collect for their benefit; I collect for my own.
    Just because I'm old doesn't mean I don't love to look at a pretty bust.
  • GreeniejrGreeniejr Posts: 1,321 ✭✭✭
    The hobby needs new collectors always. The interesting thing will be what happens to numismatic scholarship when the old guard is gone. I have been involved in coins for most of my life (I am 24) and I cannot even imagine knowing half of what Tom/Capthenway (who I work with) knows about numismatics by the time I am 50. Because of the big void in recruitment of children into the hobby in the 70s-80s-early 90s the next decade or two may be a little rough in terms of new numismatic scholars. That being said watch out in 2030 when the first of the statehood quarter generation hit the hobby.
  • I always want more people to discuss my hobby with...
  • WoodenJeffersonWoodenJefferson Posts: 6,491 ✭✭✭✭
    I've never considered "flippers" to be coin collectors as they are only interested in the label and what they can get for it, sooooo...we don't need any more label flippers, but we do need more real collectors as a whole. It has always been proven, with numbers there is equality.

    In my many years, I have always fostered those entering our hobby and will continue to do so until my last breath.
    Chat Board Lingo

    "Keep your malarkey filter in good operating order" -Walter Breen
  • cladkingcladking Posts: 29,898 ✭✭✭✭✭
    I think this hobby is good for people. There may be no other hobby
    that can provide a more complete overall education than numismatics.

    Most of we old-timers are going to be out of the hobby in twenty years
    and it will be left to the younger folks. Well guess what. This hobby
    will die as a past time for the masses if we don't attract and maintain
    the interest of a new generation of collectors. It will become a tool for
    scientists and a hobby of kings but it will be dead as door nail for the
    masses.

    We collectively have the choice.
    tempus fugit extra philosophiam.
  • CoinosaurusCoinosaurus Posts: 9,652 ✭✭✭✭✭
    On average, numismatists have always been on the plus side of the age divide. I doubt that will change anytime soon.
  • FatManFatMan Posts: 8,977
    Yes, without new blood the hobby will die.
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,999 ✭✭✭✭✭
    Stay away ... there's only so much fun to go around. image


    <insert laugh, here>
    Seeking nice woman without baggage for coin collecting hobby.
  • WTCGWTCG Posts: 8,940 ✭✭✭


    << <i>There is a Regional show I attend 4 times a year...in White Plains, NY. There is a section of the bourse set aside for Stamp dealers... the (in poor taste) joke is "they should set up a paramedic unit there for all the oldtimers"...

    If we do not welcome and encourage younger folks to get involved in Coin collecting the hobby will fade away over time... this hobby has been handed down, generation to generation for as long as it has existed. Like with all "gaps" between generations... there will always be that hesitance when young folks show up and "change" things...

    Being a somewhat Obsessive/Compulsive bunch, many of us have trouble with change... yet the hobby needs and should always have "new blood" to keep it vibrant and alive...

    Besides... if no new folks come into the hobby, who are you (or your heirs) gonna sell your collection to down the road? image >>



    I was going to write a few paragraphs in response to the OP question, but I found that Larry's post almost reflected exactly what I was about to say regarding the subject.

    It is true that this genre is made up mostly of the older conservative types, and change is definitely a scary thought for them. However, in order to bring in new life and ideas to this community a change in demographics and philosophies are essential. Doing things "the way we've always done it" just doesn't cut it anymore.

    Anybody who has been involved with coin clubs at all in the last decade or so is fully aware of how many of them are quickly dissapearing, not because of any loss of interest by their current members but mostly due to attrition causes such as death or illness and the inability to "replace" those departed members with new ones. Many coin clubs today are down to a few members and many more have gradually dissapeared over time. If there isn't enough new interest in numismatics the entire business and hobby could go the way that the coin clubs have, and that is not a good thing.
    Follow me on Twitter @wtcgroup
    Authorized dealer for PCGS, PCGS Currency, NGC, NCS, PMG, CAC. Member of the PNG, ANA. Member dealer of CoinPlex and CCE/FACTS as "CH5"
  • WalmannWalmann Posts: 2,806
    New blood is great.

    Of course there are those in this that don't care if its new or old blood that they are drawing, just as long as there is ample supply.
  • SDSportsFanSDSportsFan Posts: 5,217 ✭✭✭✭✭
    "New Blood" is essential to the sustainment/growth of any hobby, as without it, the hobby will die when the last "old blood" dies.

    This is where the "old blooders" have the responsibility of imparting their knowledge and wisdom upon the "new blooders", to ensure the old ways have a chance of staying alive.

    Beyond that, how the hobby evolves, is pretty much determined by the hobbyists themselves. If the "old ones" live up to their responsibilities to the "new ones", and help the new ones understand and value the old ones' ways, the old values will be sustained. It then falls on today's new ones (once they become "old ones") to impart their knowledge and wisdom on their next generation to sustain the hobby.


    Steve
  • Billet7Billet7 Posts: 4,923 ✭✭✭


    << <i>"New Blood" is essential to the sustainment/growth of any hobby, as without it, the hobby will die when the last "old blood" dies.

    This is where the "old blooders" have the responsibility of imparting their knowledge and wisdom upon the "new blooders", to ensure the old ways have a chance of staying alive.

    Beyond that, how the hobby evolves, is pretty much determined by the hobbyists themselves. If the "old ones" live up to their responsibilities to the "new ones", and help the new ones understand and value the old ones' ways, the old values will be sustained. It then falls on today's new ones (once they become "old ones") to impart their knowledge and wisdom on their next generation to sustain the hobby.


    Steve >>



    I Agree with you.
  • lkeigwinlkeigwin Posts: 16,895 ✭✭✭✭✭
    Maybe I'm biased but numismatics is a hobby that will always thrive, I think. So long as coins are part of our culture (hey, who knows what the digital future holds?) there will always be interest and new collectors.

    Coins are fun on so many levels...great history and art attached to them, they're real money, they feel good to the touch and are interesting to inspect, they're durable (unlike stamps or comic books, let's say), and they're a source of unimaginable games!

    Think of the really risky collectibles...do you think coins are among them?
    Lance.
  • New blood is essential to maintaining the health of the hobby.
  • PerryHallPerryHall Posts: 47,501 ✭✭✭✭✭


    << <i>New blood is great.

    Of course there are those in this that don't care if its new or old blood that they are drawing, just as long as there is ample supply. >>



    Are you talking about vampires or coin dealers?image





    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • 1Mike11Mike1 Posts: 4,444 ✭✭✭✭✭


    << <i>It seems to always be a contradiction on these forums. Some think "out with the old, in with the new." Others think "tried and true is best."

    I see threads all the time that talk about the "aging numismatic population." Additionally I see other threads (recently) that belittle young "dealers with laptops." So my question is this, does the general forum population want a constant flow of new collectors and dealers, or not? Why?

    ***I want to start a real discussion, please leave your snide "ageism" remarks on another thread.***

    I would think new collectors and competition would be healthy for collecting as a whole. >>


    I want new collectors and dealers regardless of their age. I think a dealer who has the gift of gab has a better chance of selling me a coin than someone who asks can I help you and just stares you down while you look (it's very unnerving to me). Talk to me, try to sell me something! The last person I had treat me rudely in any situation was in fact a coin dealer. He flipped because I moved a chair from near his display to another even though there was no other person in the entire row and the show was in a hotel, so the dealer didn not actually own the chair but when he was done with me the entire room was aware that it was HIS chair. Other dealers quickly offered me their chairs and apologized for this A-hole. The kicker was when I was leaving, that dealer was using the same chair I was offered to view the coins I was after! image That was two years ago and it turned me off to coin shows. One thing I see on the board that may turn people away is when someone is not knowledgeable or may be more knowledgeable (depending on how you look at it) about certain areas of coin collecting that a few members appear to enjoy the opportunity to belittle the collector/dealer (a lot of us seen it recently with a toned dollar that was up for sale). People make mistakes. When we are treated with respect and learn from our mistakes it makes it memorable and enjoyable. When you get rejected in a situation be it collecting or dealing, rather than continue with the present crowd, you will go elsewhere to seek out a more comfortable atmosphere. It splinters the group.
    "May the silver waves that bear you heavenward be filled with love’s whisperings"

    "A dog breaks your heart only one time and that is when they pass on". Unknown
  • OmegaOmega Posts: 1,587 ✭✭✭
    We need it. If you want to see some "new blood" in action you can view my youtube video of The Young Notables here:

    Young Notables

    This is a ten week group I have run as an after school program for the last two years. It takes 3rd-5th graders and gives them an introduction to numismatic collecting. Search Young Notables on the Currency Board for the weekly updates from this years class.
    This class covers coins and currency and is possible because of donations from board members and the support of PCGS Currency.

    Thanks again for all who have helped! Just seeing the fire lit in a YN is worth all of the time and effort. It reminds me what this hobby should be about.
  • dorkkarldorkkarl Posts: 12,691 ✭✭✭
    less competition means more coins for me

    K S
  • IGWTIGWT Posts: 4,975
    At the coin show sponsored by our club last weekend, three new collectors (dipping their toes into the state quarters pool) asked me about joining our club or finding one closer to where they live. Each of them is over 65 years old. Still, they are "new blood."
  • dorkkarldorkkarl Posts: 12,691 ✭✭✭


    << <i>At the coin show sponsored by our club last weekend, three new collectors (dipping their toes into the state quarters pool) asked me about joining our club or finding one closer to where they live. Each of them is over 65 years old. Still, they are "new blood." >>

    what, after a blood transfusion?

    K S

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