What Type Of Coin Collector Are You?
Have you ever thought about what type of coin collector you are? I am currently reading Scott Travers’ One-Minute Coin Expert, Sixth Edition (One Minute Coin Expert)
Traver divides coin collectors into four types of individuals – accumulator, collector, collector/investor, and investor. The accumulator coin collector is one who throughout life saves a coin here and there when he finds a coin of interest. These coin collectors tend to be the type that find an unusual coin in pocket change and then saves the coin.
The second type of coin collector that Traver specifies is collector. Collectors collect coins solely for the aesthetic beauty of the coins with no regard for their economic value.
I will skip the third type and move right to the fourth coin collector type – the investor. The investor coin collector is one who is focused solely on investing in coins and then selling it for a profit in the future. This type of coin collector does not care about coin history or the design of coins. They see coins as an investment vehicle no different than buying shares of stock in a company.
I skipped the fourth type of coin collector becuase it is a hybrid between the collector and the investor. These coin collectors collect coins because they love coins and with the hope of turning a profit through their coin investments. Traver believes that very few coin collectors fall solely into the collector category or the investor category. Instead, most coin collectors love coins for their history, artistry and value.
I certainly fall into this collector/investor category. I collect US coins because I love the way they look. I love the history behind each coin. And, I hope to accumulate an investment asset with my coin collection.
But, in some ways I disagree with the linear nature of Travers coin spectrum. I don’t actually think that coin collectors fall on one point on this spectrum. At times I am an accumulator. At times I am an investor. Other times I collect coins solely for their beauty with no hope that they will go up in value.
Here is an example that I think we all can relate to. I love to collect Jefferson nickels. But, deep down, my Jefferson nickel collection is not about investing in coins. I don’t really think that this collection will go up in value that much. Instead, I am collecting these Jefferson nickels because I love Thomas Jefferson and I love the look of these US coins.
So what type of coin collector are you? I would love to hear your thoughts on this topic.
Tags: Investing In Coins, jefferson nickels, type set coin collecting, US Coins
eShop: Investing In Coins jefferson nickels type set coin collecting US Coins
Morgan Dollar 1894 S
 | US $49.95 (0 Bid) End Date: Saturday Feb-04-2012 8:25:07 PST Bid now | Add to watch list |
1899-O MORGAN SILVER DOLLAR U.S. COIN C0844
 | US $69.88 End Date: Saturday Feb-04-2012 8:25:08 PST Buy It Now for only: US $69.88 Buy it now | Add to watch list |
1895 O MORGAN DOLLAR key date only 450,000 minted rare in this condition
 | US $343.01 (20 Bids) End Date: Saturday Feb-04-2012 8:25:09 PST Bid now | Add to watch list |
1889 Morgan Silver Dollar
 | US $32.00 (5 Bids) End Date: Saturday Feb-04-2012 8:25:14 PST Bid now | Add to watch list |
Killer NGC MS64 Star Rainbow Toned 1882-S Morgan Dollar
 | US $395.00 End Date: Saturday Feb-04-2012 8:25:40 PST Buy It Now for only: US $395.00 Buy it now | Add to watch list |
1903-S MORGAN LIBERTY HEAD SILVER DOLLAR 1903S US COIN
 | US $89.99 End Date: Saturday Feb-04-2012 8:25:44 PST Buy It Now for only: US $89.99 Buy it now | Add to watch list |
Very Nice 1891-S Morgan Silver Dollar NGC AU-55 White
 | US $36.01 (13 Bids) End Date: Saturday Feb-04-2012 8:25:46 PST Bid now | Add to watch list |
Morgan Dollar 1895 S
 | US $696.00 (20 Bids) End Date: Saturday Feb-04-2012 8:26:40 PST Bid now | Add to watch list |
1901-S MORGAN SILVER DOLLAR U.S. COIN C0846
 | US $87.88 End Date: Saturday Feb-04-2012 8:27:01 PST Buy It Now for only: US $87.88 Buy it now | Add to watch list |
1921 D Morgan Silver Dollar
 | US $35.99 (0 Bid) End Date: Saturday Feb-04-2012 8:27:20 PST Buy It Now for only: US $41.99 Bid now | Buy it now | Add to watch list |
1902-P MORGAN SILVER DOLLAR U.S. COIN C0843
 | US $69.88 End Date: Saturday Feb-04-2012 8:28:35 PST Buy It Now for only: US $69.88 Buy it now | Add to watch list |
Toned Collection of New Orleans Mint Silver Morgan Dollars 1884O 1885O 1904O
 | US $270.00 End Date: Saturday Feb-04-2012 8:28:51 PST Buy It Now for only: US $270.00 Buy it now | Add to watch list |
1881-CC Morgan Silver Dollar PCGS MS65 OGH CAC Upgrade?
 | US $1,155.00 End Date: Saturday Feb-04-2012 8:29:52 PST Buy It Now for only: US $1,155.00 Buy it now | Add to watch list |
Very Scarce 1904-S Morgan Silver Dollar NGC VF Details
 | US $61.67 (18 Bids) End Date: Saturday Feb-04-2012 8:30:05 PST Bid now | Add to watch list |
1899 P MORGAN SILVER DOLLAR ANACS MS 62
 | US $282.00 End Date: Saturday Feb-04-2012 8:30:15 PST Buy It Now for only: US $282.00 Buy it now | Add to watch list |
1903- MORGAN DOLLAR- ALMOST UNCIRCULATED - BETTER BUYERS BUY BETTER DATES!
 | US $57.99 (0 Bid) End Date: Saturday Feb-04-2012 8:30:40 PST Buy It Now for only: US $69.99 Bid now | Buy it now | Add to watch list |
1896-O MORGAN SILVER DOLLAR ICG SCARCE DATE (GST+
 | US $204.25 End Date: Saturday Feb-04-2012 8:31:19 PST Buy It Now for only: US $204.25 Buy it now | Add to watch list |
1887 Morgan Silver Dollar (slight edge tones)
 | US $89.00 (0 Bid) End Date: Saturday Feb-04-2012 8:31:24 PST Buy It Now for only: US $139.00 Bid now | Buy it now | Add to watch list |
1881-S Morgan Silver Dollar
 | US $89.00 (0 Bid) End Date: Saturday Feb-04-2012 8:32:15 PST Buy It Now for only: US $139.00 Bid now | Buy it now | Add to watch list |
Morgan Dollar 1896
 | US $49.95 (0 Bid) End Date: Saturday Feb-04-2012 8:32:15 PST Bid now | Add to watch list |
1896-O MORGAN SILVER DOLLAR ICG SCARCE DATE (GST+
 | US $204.25 End Date: Saturday Feb-04-2012 8:32:19 PST Buy It Now for only: US $204.25 Buy it now | Add to watch list |
UNCIRCULATED " ALLIGATOR EYE TOP 100 " 1887 VAM 12A MORGAN SILVER DOLLAR COIN
 | US $79.00 End Date: Saturday Feb-04-2012 8:33:01 PST Buy It Now for only: US $79.00 Buy it now | Add to watch list |
1921, 1882 Morgan Silver Dollar in AU/UNC condition
 | US $69.99 (0 Bid) End Date: Saturday Feb-04-2012 8:33:16 PST Buy It Now for only: US $109.99 Bid now | Buy it now | Add to watch list |
Morgan Dollar 1896 O
 | US $49.95 (1 Bid) End Date: Saturday Feb-04-2012 8:33:45 PST Bid now | Add to watch list |
1894 Morgan Dollar pure silver proof
 | US $20.50 (9 Bids) End Date: Saturday Feb-04-2012 8:34:07 PST Bid now | Add to watch list |
1879 US SILVER Morgan Dollar! a Nice Bright Coin! XF
 | US $44.00 (14 Bids) End Date: Saturday Feb-04-2012 8:34:52 PST Bid now | Add to watch list |
Morgan Dollar 1896 S
 | US $49.95 (0 Bid) End Date: Saturday Feb-04-2012 8:34:55 PST Bid now | Add to watch list |
1895-O MORGAN SILVER DOLLAR SCARCE DATE ICG (NOS+
 | US $1,225.50 End Date: Saturday Feb-04-2012 8:36:10 PST Buy It Now for only: US $1,225.50 Buy it now | Add to watch list |
1895-O MORGAN SILVER DOLLAR SCARCE DATE ICG (NOS+
 | US $1,258.75 End Date: Saturday Feb-04-2012 8:37:52 PST Buy It Now for only: US $1,258.75 Buy it now | Add to watch list |
1892-S MORGAN SILVER DOLLAR ( VERY RARE & LOW MINTAGE )
 | US $129.00 (0 Bid) End Date: Saturday Feb-04-2012 8:38:14 PST Buy It Now for only: US $285.00 Bid now | Buy it now | Add to watch list |
Silver Dollar 1881-S & 1881-O Morgan Dollar 90% Junk Silver Coin
 | US $48.99 (11 Bids) End Date: Saturday Feb-04-2012 8:38:31 PST Bid now | Add to watch list |
1884-CC Morgan Silver Dollar PCGS MS65 OGH CAC Upgrade?
 | US $615.00 End Date: Saturday Feb-04-2012 8:39:22 PST Buy It Now for only: US $615.00 Buy it now | Add to watch list |
★ 1884-O Morgan Silver Dollar - PCGS MS63 - RAINBOW! ★
 | US $135.00 End Date: Saturday Feb-04-2012 8:39:33 PST Buy It Now for only: US $135.00 Buy it now | Add to watch list |
1880s MS65 morgan dollar,NGC graded,very bright coin
 | US $159.00 (0 Bid) End Date: Saturday Feb-04-2012 8:39:37 PST Bid now | Add to watch list |
1884 P Morgan Silver Dollar AT Rainbow Toned Cartwheel Luster AU+
 | US $45.99 (2 Bids) End Date: Saturday Feb-04-2012 8:39:43 PST Bid now | Add to watch list |
Virtually Unc 1890-CC Morgan Dollar From Estate
 | US $147.50 (14 Bids) End Date: Saturday Feb-04-2012 8:39:45 PST Bid now | Add to watch list |
1898 S MORGAN SILVER DOLLAR THAT HAS BEED CIRCULATED
 | US $31.09 (5 Bids) End Date: Saturday Feb-04-2012 8:40:15 PST Bid now | Add to watch list |
CHOICE GEM 1898 P Morgan Silver Dollar UNCIRCULATED FROM ORIGINAL ROLL
 | US $73.00 (0 Bid) End Date: Saturday Feb-04-2012 8:40:51 PST Bid now | Add to watch list |
1894-O MORGAN SILVER DOLLAR ICG AU50 90% SILVER (GNO+
 | US $280.25 End Date: Saturday Feb-04-2012 8:41:47 PST Buy It Now for only: US $280.25 Buy it now | Add to watch list |
CHOICE GEM 1921 P Morgan Silver Dollar UNCIRCULATED FROM ORIGINAL ROLL
 | US $73.00 (0 Bid) End Date: Saturday Feb-04-2012 8:43:38 PST Bid now | Add to watch list |
1894-O MORGAN SILVER DOLLAR ICG AU50 90% SILVER (GNO+
 | US $285.00 End Date: Saturday Feb-04-2012 8:45:17 PST Buy It Now for only: US $285.00 Buy it now | Add to watch list |
1890-S - MORGAN DOLLAR - ALMOST UNCIRCULATED - BETTER BUYER BUY BETTER DATES!
 | US $54.99 (0 Bid) End Date: Saturday Feb-04-2012 8:45:33 PST Buy It Now for only: US $69.99 Bid now | Buy it now | Add to watch list |
1921s US SILVER Morgan Dollar! a Nice Bronze Toned Coin! XF
 | US $32.00 (16 Bids) End Date: Saturday Feb-04-2012 8:47:55 PST Bid now | Add to watch list |
1894-O MORGAN SILVER DOLLAR ICG AU53 90% SILVER (GNO+
 | US $299.25 End Date: Saturday Feb-04-2012 8:48:44 PST Buy It Now for only: US $299.25 Buy it now | Add to watch list |
1898-O Morgan Silver Dollar Coin, PCGS MS-65 Toned Rim
 | US $395.00 End Date: Saturday Feb-04-2012 8:49:02 PST Buy It Now for only: US $395.00 Buy it now | Add to watch list |
1886 Morgan Silver Dollar Slabbed By NGC Bright White
 | US $74.99 End Date: Saturday Feb-04-2012 8:49:49 PST Buy It Now for only: US $74.99 Buy it now | Add to watch list |
1885s, Morgan Silver Dollar
 | US $30.00 (1 Bid) End Date: Saturday Feb-04-2012 8:50:33 PST Bid now | Add to watch list |
1900, Morgan Silver Dollar
 | US $32.00 (6 Bids) End Date: Saturday Feb-04-2012 8:51:05 PST Bid now | Add to watch list |
Rainbow Album Toned Gem BU 1886-P Morgan Silver Dollar
 | US $75.00 End Date: Saturday Feb-04-2012 8:52:02 PST Buy It Now for only: US $75.00 Buy it now | Add to watch list |
LOT # *# 83 1884"O" Morgan silver dollar " Nice Coin"
 | US $30.25 (0 Bid) End Date: Saturday Feb-04-2012 8:52:17 PST Bid now | Add to watch list |
1883 Morgan silver dollar UNC NICE MORGAN FOR THE PRICE ''LOOK''
 | US $32.01 (4 Bids) End Date: Saturday Feb-04-2012 8:52:33 PST Bid now | Add to watch list |
1896P Morgan Silver Dollar AU
 | US $29.49 (6 Bids) End Date: Saturday Feb-04-2012 8:53:03 PST Bid now | Add to watch list |
1880 CC MORGAN SILVER DOLLAR NGC MS64
 | US $476.09 (20 Bids) End Date: Saturday Feb-04-2012 8:53:15 PST Bid now | Add to watch list |
1904,0 Morgan Dollar 90% SILVER EXCELLENT CONDITION
 | US $60.00 (0 Bid) End Date: Saturday Feb-04-2012 8:53:35 PST Buy It Now for only: US $80.00 Bid now | Buy it now | Add to watch list |
1894-O MORGAN SILVER DOLLAR ICG AU55 90% SILVER (EES+
 | US $318.25 End Date: Saturday Feb-04-2012 8:54:00 PST Buy It Now for only: US $318.25 Buy it now | Add to watch list |
Beautiful 1921 Colorized Silver Morgan Dollar in Display Case
 | US $45.00 End Date: Saturday Feb-04-2012 8:54:18 PST Buy It Now for only: US $45.00 Buy it now | Add to watch list |
Frosty PCGS MS/63 1921 Morgan Dollar From Estate
 | US $45.90 (12 Bids) End Date: Saturday Feb-04-2012 8:54:38 PST Bid now | Add to watch list |
1921 P MORGAN SILVER DOLLAR ***LOW OPENING BID***
 | US $31.01 (10 Bids) End Date: Saturday Feb-04-2012 8:55:40 PST Bid now | Add to watch list |
1883 MORGAN SILVER DOLLAR
 | US $32.00 (10 Bids) End Date: Saturday Feb-04-2012 8:56:15 PST Bid now | Add to watch list |
1896 MORGAN SILVER DOLLAR THAT HAS BEED CIRCULATED
 | US $28.00 (4 Bids) End Date: Saturday Feb-04-2012 8:57:43 PST Bid now | Add to watch list |
1890-P MORGAN SILVER DOLLAR ICG MS64 NICE COIN (GST+
 | US $156.75 End Date: Saturday Feb-04-2012 8:57:52 PST Buy It Now for only: US $156.75 Buy it now | Add to watch list |
1888 O Morgan Silver Dollar
 | US $29.99 (5 Bids) End Date: Saturday Feb-04-2012 9:00:04 PST Bid now | Add to watch list |
1886 Morgan Silver Dollar Coin NAME YOUR PRICE !!
 | US $37.07 (11 Bids) End Date: Saturday Feb-04-2012 9:00:12 PST Bid now | Add to watch list |
Lot of Five Replica 1921 Morgan Dollars
 | US $2.35 (4 Bids) End Date: Saturday Feb-04-2012 9:00:37 PST Bid now | Add to watch list |
1904 Morgan Silver Dollar MS+ Breast Feathers
 | US $85.00 (0 Bid) End Date: Saturday Feb-04-2012 9:00:48 PST Buy It Now for only: US $125.00 Bid now | Buy it now | Add to watch list |
1887-S MORGAN SILVER DOLLAR ICG MS64 BLAZER (YNP+
 | US $641.25 End Date: Saturday Feb-04-2012 9:01:06 PST Buy It Now for only: US $641.25 Buy it now | Add to watch list |
1878-CC, Morgan Dollar
 | US $100.00 (0 Bid) End Date: Saturday Feb-04-2012 9:01:09 PST Buy It Now for only: US $150.00 Bid now | Buy it now | Add to watch list |
1884-CC Morgan Silver Dollar * PCGS MS63
 | US $250.00 End Date: Saturday Feb-04-2012 9:01:34 PST Buy It Now for only: US $250.00 Buy it now | Add to watch list |
1887 Brilliant Morgan Silver Dollar Coin NAME YOUR PRICE !!
 | US $37.00 (12 Bids) End Date: Saturday Feb-04-2012 9:01:46 PST Bid now | Add to watch list |
1880 S Brilliant Morgan Dollar Coin NAME YOUR PRICE !!
 | US $38.01 (9 Bids) End Date: Saturday Feb-04-2012 9:01:50 PST Bid now | Add to watch list |
Lot # 84 1890 Morgan Silver dollar "REAL NICE"
 | US $30.75 (1 Bid) End Date: Saturday Feb-04-2012 9:02:07 PST Bid now | Add to watch list |
1899-O Morgan Silver Dollar, PCGS MS-64 Better, From Lot ** Read Description**
 | US $115.00 End Date: Saturday Feb-04-2012 9:02:20 PST Buy It Now for only: US $115.00 Buy it now | Add to watch list |
1878-CC Morgan Dollar Original
 | US $49.00 (11 Bids) End Date: Saturday Feb-04-2012 9:03:20 PST Bid now | Add to watch list |
1889 Brilliant Morgan Silver Dollar Coin NAME YOUR PRICE !!
 | US $40.00 (7 Bids) End Date: Saturday Feb-04-2012 9:03:40 PST Bid now | Add to watch list |
1921 MORGAN SILVER DOLLAR
 | US $24.28 (8 Bids) End Date: Saturday Feb-04-2012 9:05:15 PST Bid now | Add to watch list |
1888 S Morgan Silver Dollar..Uncirculated..Choice BU
 | US $395.00 End Date: Saturday Feb-04-2012 9:05:42 PST Buy It Now for only: US $395.00 Buy it now | Add to watch list |
1883-S Morgan Dollar CH AU Original
 | US $42.00 (3 Bids) End Date: Saturday Feb-04-2012 9:07:37 PST Bid now | Add to watch list |
1899 Morgan Silver Dollar * PCGS AU50 * Better Date Coin
 | US $300.00 End Date: Saturday Feb-04-2012 9:08:58 PST Buy It Now for only: US $300.00 Buy it now | Add to watch list |
1883 O Morgan Silver Dollar AT Rainbow Toned Cartwheel Luster XF+/AU
 | US $43.99 (0 Bid) End Date: Saturday Feb-04-2012 9:09:43 PST Bid now | Add to watch list |
1883-O MORGAN SILVER DOLLAR BU+ MINTSTATE TONED PURPLE,AQUA,GOLDS THICK RIM EDGE
 | US $49.95 (0 Bid) End Date: Saturday Feb-04-2012 9:10:01 PST Bid now | Add to watch list |
1899-O Morgan Silver Dollar Coin, PCGS MS-65 Toned Rim
 | US $395.00 End Date: Saturday Feb-04-2012 9:10:25 PST Buy It Now for only: US $395.00 Buy it now | Add to watch list |
1895-O MORGAN DOLLAR- HIGHER GRADE- NO RESERVE
 | US $225.50 (13 Bids) End Date: Saturday Feb-04-2012 9:10:26 PST Bid now | Add to watch list |
1889 BU Morgan Silver Dollar Coin NAME YOUR PRICE !!
 | US $38.55 (9 Bids) End Date: Saturday Feb-04-2012 9:10:51 PST Bid now | Add to watch list |
1891 Carson City Morgan Silver Dollar Good EF Coin
 | US $150.00 (0 Bid) End Date: Saturday Feb-04-2012 9:11:23 PST Bid now | Add to watch list |
1879, Morgan Dollar
 | US $23.59 (5 Bids) End Date: Saturday Feb-04-2012 9:11:52 PST Bid now | Add to watch list |
1886-S $1 MORGAN SILVER DOLLAR ★ AU-53 ALMOST UNCIRCULATED PCGS ★ KEY ◄EDELMANS►
 | US $179.00 End Date: Saturday Feb-04-2012 9:12:21 PST Buy It Now for only: US $179.00 Buy it now | Add to watch list |
1900-S Morgan Dollar UNC Original
 | US $167.50 (13 Bids) End Date: Saturday Feb-04-2012 9:12:22 PST Bid now | Add to watch list |
1896 BU Uncirculated Morgan Silver Dollar $1 90% Silver No Reserve Free Shipping
 | US $46.00 (8 Bids) End Date: Saturday Feb-04-2012 9:12:42 PST Bid now | Add to watch list |
1900 MORGAN SILVER DOLLAR
 | US $45.00 (0 Bid) End Date: Saturday Feb-04-2012 9:14:15 PST Bid now | Add to watch list |
1896P Morgan Silver Dollar AU
 | US $32.00 (7 Bids) End Date: Saturday Feb-04-2012 9:14:26 PST Bid now | Add to watch list |
One 1889-O Morgan Dollar coin
 | US $31.00 (8 Bids) End Date: Saturday Feb-04-2012 9:15:38 PST Bid now | Add to watch list |
1889 MORGAN DOLLAR - BEAUTIFUL "RAINBOW" TONED& DETAIL!
 | US $69.00 End Date: Saturday Feb-04-2012 9:15:41 PST Buy It Now for only: US $69.00 Buy it now | Add to watch list |
1890 Brilliant Morgan Silver Dollar Coin NAME YOUR PRICE !!
 | US $37.50 (9 Bids) End Date: Saturday Feb-04-2012 9:15:42 PST Bid now | Add to watch list |
1887 Morgan Dollar NGC MS 64 Toned
 | US $125.00 End Date: Saturday Feb-04-2012 9:16:20 PST Buy It Now for only: US $125.00 Buy it now | Add to watch list |
1904 MORGAN DOLLAR ICG MS 61
 | US $106.00 End Date: Saturday Feb-04-2012 9:17:10 PST Buy It Now for only: US $106.00 Buy it now | Add to watch list |
Silver Dollar 1921-S & 1899-O Morgan Dollar 90% Junk Silver Coin
 | US $48.00 (23 Bids) End Date: Saturday Feb-04-2012 9:17:33 PST Bid now | Add to watch list |
1879 Silver Morgan Dollar Coin
 | US $35.00 (12 Bids) End Date: Saturday Feb-04-2012 9:18:05 PST Bid now | Add to watch list |
1888-S $1 MORGAN SILVER DOLLAR ★ VF-35 VERY FINE PCGS ★ KEY DATE ◄EDELMANS►
 | US $199.00 End Date: Saturday Feb-04-2012 9:18:17 PST Buy It Now for only: US $199.00 Buy it now | Add to watch list |
1897 O Morgan Silver Dollar Nice EF+
 | US $45.00 (0 Bid) End Date: Saturday Feb-04-2012 9:18:42 PST Bid now | Add to watch list |
1902 O MORGAN SILVER DOLLAR ** RARE TONED BEAUTY STUNNING **
 | US $63.18 (1 Bid) End Date: Saturday Feb-04-2012 9:19:13 PST Bid now | Add to watch list |
Comments (3)
3 Responses to “What Type Of Coin Collector Are You?”
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nittany Says:
December 31st, 2008 at 2:49 pmLureuin,
Thanks for leaving a comment on the blog. I absolutely agree with you. I think that I fall into all four categories too.
I had to laugh at your point about having a hard time selling your coins. I agree. But, you can always try to buy two coins at a time so you can sell one.
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Gold up for 2008, US Mint Sold Out Products, Top 10 Coin List | Coin Update Says:
December 31st, 2008 at 5:39 pm[...] From a new coin blog that has been putting up some interesting posts, what type of coin collector are you? [...]
December 31st, 2008 at 2:41 pm
Personally, I am all 4 types and feel that the real coin enthusiast falls into all 4 at one time or another. The real coin lover has trouble meeting 1/2 of the forth category; THE SELLING PART.