Encouraging Article in NYT

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HawkeEye
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Encouraging Article in NYT

Post by HawkeEye » Wed Jan 26, 2022 4:03 pm

Here is a counterpoint to all we see about the hobby


https://www.nytimes.com/2022/01/21/busi ... ticleShare
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DHalladay
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Re: Encouraging Article in NYT

Post by DHalladay » Wed Jan 26, 2022 4:35 pm

It's a fragment of a demographic snapshot... but it's encouraging.
Thanks for sharing! :)
When in doubt... don't.

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messydesk
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Re: Encouraging Article in NYT

Post by messydesk » Wed Jan 26, 2022 4:40 pm

Thanks for posting. Glad it wasn't behind a paywall.

There are definitely several disjoint worlds of collectors. Those crying doom and gloom tend to be unaware of this.
Welcome to the VAMWorld 2.0 discussion boards. R.I.P. old VAMWorld.

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HawkeEye
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Re: Encouraging Article in NYT

Post by HawkeEye » Wed Jan 26, 2022 9:42 pm

I was just happy to see someone write something positive about the hobby. Maybe this newest generation will be different and get back to some of the basics of life.
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Kurt28
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Re: Encouraging Article in NYT

Post by Kurt28 » Wed Jan 26, 2022 11:01 pm

I enjoyed the article, especially the depiction of the Morgan Dollar.
I do question the statement that coin collecting is not a good investment.
It requires some study and understanding, but it as lucrative as many other fields of investment.
Thanks for sharing.

vamnuke
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Re: Encouraging Article in NYT

Post by vamnuke » Fri Jan 28, 2022 11:53 pm

:)

Andy Hansen
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Re: Encouraging Article in NYT

Post by Andy Hansen » Sat Jan 29, 2022 1:03 am

Thanks for posting.

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messydesk
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Re: Encouraging Article in NYT

Post by messydesk » Sat Jan 29, 2022 1:18 am

Kurt28 wrote:
Wed Jan 26, 2022 11:01 pm
I enjoyed the article, especially the depiction of the Morgan Dollar.
I do question the statement that coin collecting is not a good investment.
It requires some study and understanding, but it as lucrative as many other fields of investment.
Thanks for sharing.
Coins are not as liquid as traditional investments and the buy-sell spreads are much higher. It's also very easy for a new collector/investor to get scammed into paying too much for an inferior coin.
Welcome to the VAMWorld 2.0 discussion boards. R.I.P. old VAMWorld.

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HawkeEye
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Re: Encouraging Article in NYT

Post by HawkeEye » Sat Jan 29, 2022 2:08 pm

The scamming angle is for sure a problem and I think often causes us to lose potential collectors early on. Like the TPGs or not, they can be a buffer for new collectors.
Deep in the woods of North Georgia

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