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<p>[QUOTE="rick, post: 24823, member: 1235"]The economist in me tends to say that the only difference between an investor and a collector is a factor of utility. Investors are (or should be) heavily influenced by the market... that is to say, most people who watch gold right now with an investment eye are probably not buying (unless they are very optomistic).</p><p><br /></p><p>Even collectors are influenced by market swing, but it generally seems to require a much more dramatic swing before the collector's buying and trading habits are influenced - but the influence is still there... so sayeth the war nickels that didn't survive the 80s. </p><p><br /></p><p>The difference is that the collector cares for a piece because of the personal value, where the investor would be wise to never grow attached to any piece in their possession.</p><p><br /></p><p>This, of course, is only true for those coins with silver or gold content.[/QUOTE]</p><p><br /></p>
[QUOTE="rick, post: 24823, member: 1235"]The economist in me tends to say that the only difference between an investor and a collector is a factor of utility. Investors are (or should be) heavily influenced by the market... that is to say, most people who watch gold right now with an investment eye are probably not buying (unless they are very optomistic). Even collectors are influenced by market swing, but it generally seems to require a much more dramatic swing before the collector's buying and trading habits are influenced - but the influence is still there... so sayeth the war nickels that didn't survive the 80s. The difference is that the collector cares for a piece because of the personal value, where the investor would be wise to never grow attached to any piece in their possession. This, of course, is only true for those coins with silver or gold content.[/QUOTE]
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