Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Coins vs. frequent flyer miles. Why collect them?
>
Reply to Thread
Message:
<p>[QUOTE="Catman, post: 32716, member: 1979"]Well I guess I have to add my two cent piece in here... <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie7" alt=":p" unselectable="on" unselectable="on" /> What your asking about sometimes can be found along a thin line. Investor, Collector, Hoarder.</p><p><br /></p><p>Understand that there are crossovers in every catagory the answer to your question is yes, yes, and yes. If I were asked to define each, and again realizing there are crossovers, I would do so in this manner.</p><p><br /></p><p>An investor needs to have a certain "return on invested dokkar". They will buy coins in an attempt to gain a given percentage of return during the course of a year without regard to what is being purchased. Dealers can be classified in this basic section.</p><p><br /></p><p>A collector is a person who wiill assemble a collection in a given order with a completion in the future. A collector may be doing several collections at the same time and even collect in special grade.</p><p><br /></p><p>A person who hoards is a football of a different color. They may like to stash away coins just because there silver or old. The may have fell in love with an Indian Head penny and they can't own enough. They may be an investor who has it pegged that a certain series is really gonna go and starts buying everything in that series and then decides <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> to sit on it.</p><p><br /></p><p>There are all types that make up the coin industry. I think thats what makes it interesting.</p><p><br /></p><p>catman[/QUOTE]</p><p><br /></p>
[QUOTE="Catman, post: 32716, member: 1979"]Well I guess I have to add my two cent piece in here... :p What your asking about sometimes can be found along a thin line. Investor, Collector, Hoarder. Understand that there are crossovers in every catagory the answer to your question is yes, yes, and yes. If I were asked to define each, and again realizing there are crossovers, I would do so in this manner. An investor needs to have a certain "return on invested dokkar". They will buy coins in an attempt to gain a given percentage of return during the course of a year without regard to what is being purchased. Dealers can be classified in this basic section. A collector is a person who wiill assemble a collection in a given order with a completion in the future. A collector may be doing several collections at the same time and even collect in special grade. A person who hoards is a football of a different color. They may like to stash away coins just because there silver or old. The may have fell in love with an Indian Head penny and they can't own enough. They may be an investor who has it pegged that a certain series is really gonna go and starts buying everything in that series and then decides :) to sit on it. There are all types that make up the coin industry. I think thats what makes it interesting. catman[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Coins vs. frequent flyer miles. Why collect them?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...