CoinWeek Podcast #127: Coin Market Point/ Counterpoint (with Scott Travers)

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This week on the CoinWeek Podcast, our guest is the legendary promoter of coin collecting, Scott Travers. I have known Scott for several years and we have had more than a few hours long conversations about the state of the market, the future of coin collecting, and our shared love for numismatics.

When I reached out to him a few weeks ago, I asked him to come on our air to talk about how the marketing of coins is different today than it was 30 years ago – a period we generally look back at and think was a golden time for the market – where selling certain types of coins was much easier than it appears to be today.

I’m not sure that Scott and I arrive at a consensus on this topic and I have to admit, this was one of the more difficult interviews that I’ve ever done for the podcast. Still, Scott’s information is expert and valuable and I hope that you leave this program with a few prompts for your own conversations with your collecting friends.

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The CoinWeek Podcast is brought to you by PCGS.

Visit PCGS at the Long Beach Expo: Coin, Currency, Stamp and Sports Collectible Show and submit your coins to receive the very cool Long Beach Expo exclusive label. It looks like a California license plate, you’ll love it.

On February 20-21 from 10:30 to 12:30, collectors can meet with expert Steve Feltner to talk about coins. PCGS will also show off a spectacular set of Flying Eagle and Indian Cents.

Plus you can partake in the next great installment of the Tyrant Collection, graded by PCGS and presented by Goldbergs.

The Long Beach Expo is held at the Long Beach Convention Center starting on Tuesday, February 20 and wraps up Saturday, February 22, 2020. One of the greatest coin shows in America returns. Hope you can attend.

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1 COMMENT

  1. This was a difficult interview and I agree with your observations. Historically the upper end of any collection (either rarity or collectability) have held their value. But in recent years those coins have not held their value and this discourages both the collector and the investor. Bullion values at this end of the hobby are interesting but usually a minor portion of the value. The hobby lacks demand and that is what is driving prices down. The US Mint needs help with marketing and we need ways to entice younger collectors back to the hobby.

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