The Spectrum of coins

Regarding Coins, What type of person are you? Keep in mind, there are varying degrees of each type.


Accumulator- Type of person who saves coins randomly without any plan or intention. They have some of the qualities of collectors and investors, but to a lesser extent. An accumulator is likely to have jars, cans or bowls filled with coins arranged in no particular order. There’s a good chance the accumulator doesn’t have a good idea of the value of his or her coins.

Accumulator/Collector- A more organized version of the accumulator but not as serious as a collector.

Collector- A collector purchases coins with no concern for making profit and would never consider selling their coins. A collector would be sometimes willing to pay more than the coin is worth. Collectors are interested in complete sets and type sets of coins usually in the best condition they can afford. A collector is not interested in making money, and appreciates the beauty of coins.

Investor- The investor is all about making money, he or she pays close attention to interest rates, inflation, the economy and values of coins. Investors are mainly concerned with profit and not the beauty and history of coins.

Collector/Investor- The collector/investor not only appreciates the beauty of coins, but will make a profit if the opportunity arises. They represent the happy medium between collectors and investors.

Harry

 

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I am definitely a collector. That description describes me 100% perfectly.

 

Same here!

 

You forgot one - the Scholar. Acquires coins (or even simply examines them) not out of interests in price or even rarity, but about what they can tell us about the past and the cultures that produced them.

That's me.

 

Thanks!!

 

Collector/Investor/Accumulator/Scholar

I like it all.

 

Soldier, poet, scholar, none of which am I.

Collector, pure and simple.

 

Collector.
I'll never see any profit from my coins.
I not interested in selling them.
My heirs will reap all the benefits.

 

Interesting definitions.

So collectors "would never consider selling their coins". That puts collectors in the "brain-dead" category.

Since he won't sell his coins, sounds like a collector is an accumulator with a 2x2 fetish.

Aren't people like that supposed to have some kind of GPS system embedded in their shoes when they leave the house?

For myself, I accumulate G/AG halves, collect Jefferson nickels, and invest in high-grade coins.

 

I am definately a collector.

 

You don't say what type of halves, but from the grades that you're interested in and the fact that it's an accumulation, I read that as bullion.

Sounds like your "fun" set.

You again don't specify what coins, but since they are an investment, I guess you'll sell them eventually.

This all shows that trying to put numismatists in "pigeon holes" really can't be done.
We tend to be a continuum across many of the categories, not discrete types.

But don't "poo poo" others' interests just because they don't coincide with yours.
I've lovingly spent a LOT of time and money putting together what I've got so far, and I continue to add to and upgrade my collection.
At my age reaping the benefits of my activities is not a consideration since I'm not finished, nor will I be until I keel over.
Then it's too late.
But no regrets.

 

There is not a good definition to cover me, but collector comes closest. Then again I like all of the US coins(some more than others). I do like looking at the ancients and find them very interesting, but not for me.

 

Guess I'm a collector/investor. My primary collection would never be for sale, unless it came down to coins or food. But, I do buy bullion when the price is right and hold it until the price is right in the other direction. I don't collect bullion per-se, but it does fund a large chunk of my other collecting interests. My wife, on the other hand, views my coins as a mass accumulation, so I suppose the definitions depend on who's interpreting them.
Guy~

 

I think I am almost 100% collector as I have never had and currently have no plans to sell my coins...and I keep striving to complete sets and such. The only time I see myself selling a coin is if I am upgrading...and I don't think that counts towards being an "investor."

 

LOL....My wife accumulates bolts of fabric (quilter) so she can't say anything about my accumulation of coins.

 

Collector. My coins are like a sanctuary to me...a place I can go to to escape this mixed-up world.

 

Basically a collector ... a little less organized maybe.

No, I do not consider my collection to be an "investment". And I am interested in "complete sets" only if I am the one who decides what "complete" means. A long row of coins of the same denomination and design, with the only varying element being a year and/or mintmark, is not what I want.

Christian

 

well said Joe, 100% decribes me too...
-collector

 

Collector/Investor: I have some rounds that provide me with no more than historical or aesthetic sensations. Others were accumulated for their intrinsic value (or hopeful intrinsic value) but I do in a sense "collect" them and they definitely have aesthetic qualities too. To sum it up: I would not buy gold if it looked like poop but nevertheless had intrinsic value. So really the collector/investor have completely converged in my buying.

 

I am certainly a collector. With all of the sets I have on the go and the seriousness I have to complete every one that I can. I'll never sell any of my coins an have absolutely no desire to ever wonder what I can get out of them. My kids will inherit my coins when I'm gone and then they can worry about that.