I agree with the title but that is not what Augustus gets at

As a young collector I am not happy to hear people think only older generations have the passion for the hobby. I do not think that statement could be further from the truth. If Augustus could see the crowd at my local coin shop he would not have made such a bold statement. The usual scene on a weekend is people of all ages looking for coins to fill holes in their collection. Most of my friends also in their 20s collect either Morgan Dollars or one of the many other CLASSIC American coinage Series. Coins do have intrinsic value they are backed by the Government and they not just "base metal disks with a fancy form on it." Coins are living history that is used everyday for transactions that fuel massive economies.

So yes buy coins for love of the hobby, but do not think love of the hobby is dying.