I had an interesting experience recently. I was recently told by someone that runs a large coin dealer (someone I recently met) -- "you are a collector, NOT a numismatist". I asked for clarification and they said, "you never made living selling coins". I referred them to this definition from Wikipedia: A numismatist is a specialist in numismatics. Numismatists include collectors, specialist dealers, and scholars who use coins and other currency in object-based research. ...and they said, "yea, that's wikipedia for you..." I've been a collector (as a hobby) since I was a kid.. I specialize in US and World coins from the 1700s and I'm attached to them because of their history. I've also sold many on eBay and I usually purchase from a few dealers that I respect. I also just started my entry into ancients but I have a huge amount to learn... My question: What IS the real difference between a collector and a numismatist? Is a coin dealer a numismatist? How do you become a numismatist? What do you study to be a numismatist?
I have been a rabid coin collector since the late 1960's. I have long said that I am a rabid hobbyist and not a numismatist. I know all that I care to know to enjoy my hobby and am well versed on most US coin series, key dates and such. But well versed does not translate to educated. If you want to talk about die pairings and the like... I am out.... I love it when I can read some of the posts here by the true numismatists. I learn something every time I do.... Education defines a numismatist in my eyes and that has nothing to do with marketing coins.
Taken from the web Numismatics is the study of coins and other currency units and is usually associated with the appraisal and collection of rare coins. Numismatists study the physical properties, production technology, and historical context of specimens of currency.
Even though I posted a "description" above, my personal view is that anyone who is interested in collecting coins of whatever type, condition or quantity, is a numinmatist. The big hole this world has dug for itself, is it doesn't feel comfortable unless everyone and anything has a "name", title or description. Can then be pidgeonholed very nicely into like groups and managed without having to deal with "individuals"
That dealer is an uneducated idiot; and I don't care who, how long, or how big his company is. It's too bad we'll never know who he is.
OK! Opinions are like hind ends! Everybody has one and most of them stink, but here's my opinion anyway!!! If you collect, buy, sell, invest in, or trade coins you are a numismatist. You can also specialize in certain aspects such as errors, varieties, U.S. coins, foreign coins, ancient coins. Being a numismatist means you are part of a large group of coin lovers who do their own thing (as we said in the old days). It's kinda like being a ball player! Do you play baseball, football, basketball? At what level? PeeWee, Little League, middle school, high school, college, pro? Just one big happy family!!! That's my story and I'm stickin to it!!!!!
Your wikipedia definition is acceptable. A collector is just that, they collect, a numismatist studies. We learn about the designs, why they came about, the history behind them, the economic, social, and political reasons for their existence and the times from which they were from, methods of manufacture, some chemistry, metallurgy, etc. We may specialize in a particular series or be wide ranging. How do you become a numismatist? You read, a lot, and about many things. You can be a collector without being a numismatist (I've known many that weren't, all they knew was what coins they still needed and possibly what they would cost and basically nothing else). You can be a numismatist without being a collector (most numismatists are also collectors, but not all of them). You can be a dealer without being either one, and I have known some dealers like that. They knew markets, were good salesmen, and could read slabs and the greysheet, but knew little about coins. But most dealers are to at least some extent collectors and/or numismatists.
Some people set aside 1976 quarters and silver coins in the 60s and didn't go any further. Some people just set aside pocket change that looks interesting without ever studying it any further. I'd say that's a coin collector. If you have most of the redbook in your head and know details about varieties, start and end dates for series', understand grading, know all of the types of coinage the US has had for the past 200 years, or maybe you're well versed in ancients, etc... I would say that is a numismatist. Has nothing to do with buying or selling.
What's an Numismatist? Short answer...........a person who collects, gathers, or studies coins.......
Thank you Conder101... I like how you put this... " A collector is just that, they collect, a numismatist studies." I read an article once about the 7 motivations of a collector. Here were my notes that categorized the motivations of collectors (not just coins, but cards, wine, cars etc..). I fit best into #4 and I think that would allow me to refer to myself as a numismatist. But I agree with the others (labels can do more harm than good as I think I triggered some bad feelings referring to myself as a numismatist) To purchase an asset for a financial flip or long-term return, using it to store value To own an asset before someone else does. Asset is rare and available now and you don’t want someone else to get it before you do For the thrill of the hunt, to acquire an object of desire, to acquire an entire set To understand and preserve history To ‘organize’ and complete an entire set To connect to a community (celebrity or sports team)… Social interaction with a group of like-minded people To own a 1 of a kind, to own the most expensive, to own the highest quality, to own a special piece of history etc..
Regardless of the definition of numismatist, collector, hoarder or stacker, that dealer is a bloviating buffoon. He had a prospective buyer in front of him. Someone willing to spend their hard earned cash in his establishment. His motivation to compel you to buy from him is to insult, degrade and minimize your self labeling, because you basically put yourself on his level as a numismatist? You want to spend your money with me and call yourself the leading authority, worlds best, Guinness Book of Records, greatest bowtie aficionado on the planet? Go for it. Just show me the Benjamin's! I wouldn't spend a dime with a blowhard like that.