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
1887-S MORGAN DOLLAR - Rare Higher Grade
 | US $34.00 (11 Bids) End Date: Thursday Mar-11-2010 23:59:27 PST Bid now | Add to watch list |
Lot of 5 1890 CC MORGAN SILVER DOLLAR PROOF COPY COINS
 | US $39.95 (0 Bid) End Date: Friday Mar-12-2010 0:04:40 PST Bid now | Add to watch list |
1890-S MORGAN DOLLAR - High Grade Coin - VAM 25?
 | US $22.05 (6 Bids) End Date: Friday Mar-12-2010 0:07:59 PST Bid now | Add to watch list |
REPLICA 1893-S Morgan Dollar COIN COPY
 | US $0.10 (1 Bid) End Date: Friday Mar-12-2010 0:17:58 PST Bid now | Add to watch list |
1880-S MORGAN DOLLAR - Ultra High Grade - Rare VAM-77 ?
 | US $31.99 (6 Bids) End Date: Friday Mar-12-2010 0:21:13 PST Bid now | Add to watch list |
LOT 5 - 1891 CC MORGAN SILVER DOLLAR PROOF COPY COINS
 | US $39.95 (0 Bid) End Date: Friday Mar-12-2010 0:26:38 PST Bid now | Add to watch list |
1881 O MORGAN SILVER DOLLAR DMPL CAMEO PROOF LIKE
 | US $350.00 End Date: Friday Mar-12-2010 0:30:37 PST Buy It Now for only: US $350.00 Buy it now | Add to watch list |
U S COIN-1881 MORGAN SILVER DOLLAR COIN.
 | US $19.00 (1 Bid) End Date: Friday Mar-12-2010 0:33:14 PST Bid now | Add to watch list |
U S COIN-1882 "O" MORGAN SILVER DOLLAR COIN.
 | US $19.00 (1 Bid) End Date: Friday Mar-12-2010 0:39:15 PST Bid now | Add to watch list |
Slabbed 1885-O Morgan Silver Dollar - Nice Coin
 | US $42.50 (1 Bid) End Date: Friday Mar-12-2010 1:27:12 PST Bid now | Add to watch list |
REPLICA 1895 Morgan Dollar COIN COPY
 | US $0.10 (0 Bid) End Date: Friday Mar-12-2010 1:37:39 PST Bid now | Add to watch list |
1884-s MORGAN SILVER DOLLAR COIN AU
 | US $130.00 (0 Bid) End Date: Friday Mar-12-2010 1:43:33 PST Bid now | Add to watch list |
1884-s MORGAN SILVER DOLLAR COIN AU
 | US $130.00 (0 Bid) End Date: Friday Mar-12-2010 1:45:55 PST Bid now | Add to watch list |
1892-s morgan silver dollar au
 | US $150.00 (0 Bid) End Date: Friday Mar-12-2010 1:53:26 PST Bid now | Add to watch list |
REPLICA 1889-CC Morgan Dollar COIN COPY
 | US $0.10 (0 Bid) End Date: Friday Mar-12-2010 2:11:50 PST Bid now | Add to watch list |
1921-D MORGAN SILVER DOLLAR....NO RESERVE
 | US $15.76 (6 Bids) End Date: Friday Mar-12-2010 2:12:46 PST Bid now | Add to watch list |
1893 MORGAN SILVER DOLLAR GALLERY BU COPY PROOF COIN
 | US $13.85 (0 Bid) End Date: Friday Mar-12-2010 2:23:40 PST Bid now | Add to watch list |
13 STAR MORGAN EAGLE DOLLAR 1 TROY OZ .999 SILVER ROUND
 | US $22.91 (6 Bids) End Date: Friday Mar-12-2010 2:35:19 PST Bid now | Add to watch list |
1921-S **MORGAN 90% SILVER DOLLAR** U GRADE IT
 | US $16.05 (9 Bids) End Date: Friday Mar-12-2010 2:38:22 PST Bid now | Add to watch list |
Lot of 5 1878 CC MORGAN SILVER DOLLAR PROOF COPY COINS
 | US $39.95 (0 Bid) End Date: Friday Mar-12-2010 2:41:22 PST Bid now | Add to watch list |
1883 CC MORGAN SILVER DOLLAR $1 GALLERY COPY PROOF COIN
 | US $12.95 (0 Bid) End Date: Friday Mar-12-2010 2:42:42 PST Bid now | Add to watch list |
ORIGINAL ROLL 1921-P MORGAN SILVER DOLLARS CHOICE BU
 | US $405.00 (12 Bids) End Date: Friday Mar-12-2010 2:50:45 PST Bid now | Add to watch list |
1896 MORGAN SILVER DOLLAR....NO RESERVE
 | US $18.50 (7 Bids) End Date: Friday Mar-12-2010 2:55:08 PST Bid now | Add to watch list |
LOT 5 - 1893 CC MORGAN SILVER DOLLAR PROOF COPY COINS
 | US $39.95 (0 Bid) End Date: Friday Mar-12-2010 3:03:09 PST Bid now | Add to watch list |
Morgan Dollars 1878 - 1890 & 1891 - 1921 Coin Albums
 | US $15.39 (0 Bid) End Date: Friday Mar-12-2010 3:04:51 PST Buy It Now for only: US $16.99 Bid now | Buy it now | Add to watch list |
1885 MORGAN SILVER DOLLAR....NO RESERVE
 | US $17.26 (6 Bids) End Date: Friday Mar-12-2010 3:16:09 PST Bid now | Add to watch list |
1880-O MORGAN SILVER DOLLAR....NO RESERVE
 | US $22.00 (7 Bids) End Date: Friday Mar-12-2010 3:36:12 PST Bid now | Add to watch list |
U S COIN-1896 "O" MORGAN SILVER DOLLAR COIN.
 | US $22.00 (0 Bid) End Date: Friday Mar-12-2010 3:53:02 PST Bid now | Add to watch list |
U S COIN-1897 "O" MORGAN SILVER DOLLAR COIN.
 | US $22.00 (0 Bid) End Date: Friday Mar-12-2010 3:56:13 PST Bid now | Add to watch list |
U S COIN-1889"O" MORGAN SILVER DOLLAR COIN.
 | US $22.00 (0 Bid) End Date: Friday Mar-12-2010 3:58:25 PST Bid now | Add to watch list |
1921 (SLABBED) MORGAN SILVER DOLLAR....NO RESERVE
 | US $26.00 (3 Bids) End Date: Friday Mar-12-2010 3:59:01 PST Bid now | Add to watch list |
U S COIN-1890 MORGAN SILVER DOLLAR COIN.
 | US $22.50 (0 Bid) End Date: Friday Mar-12-2010 4:11:12 PST Bid now | Add to watch list |
1902-O MORGAN SILVER DOLLAR ( B.U. )
 | US $25.26 (2 Bids) End Date: Friday Mar-12-2010 4:17:24 PST Bid now | Add to watch list |
1901-O MORGAN DOLLAR WOW! 109 YRS OLD
 | US $22.75 (0 Bid) End Date: Friday Mar-12-2010 4:18:15 PST Bid now | Add to watch list |
Cherry Display Case For 13 Morgan Silver Dollar Coins
 | US $25.00 End Date: Friday Mar-12-2010 4:20:35 PST Buy It Now for only: US $25.00 Buy it now | Add to watch list |
US Coin 1896 O Morgan Siver Dollar
 | US $18.49 (4 Bids) End Date: Friday Mar-12-2010 4:23:39 PST Bid now | Add to watch list |
1890 MORGAN SILVER DOLLAR MS/BU GEM US COIN RARE UNC $1
 | US $99.00 (0 Bid) End Date: Friday Mar-12-2010 4:26:44 PST Buy It Now for only: US $599.00 Bid now | Buy it now | Add to watch list |
1891 MORGAN SILVER DOLLAR COIN FROM ESTATE COLLECTION
 | US $25.00 (8 Bids) End Date: Friday Mar-12-2010 4:30:07 PST Bid now | Add to watch list |
1883 MORGAN SILVER DOLLAR COIN FROM ESTATE COLLECTION
 | US $26.00 (5 Bids) End Date: Friday Mar-12-2010 4:30:58 PST Bid now | Add to watch list |
1896 MORGAN SILVER DOLLAR MS/BU GEM US COIN RARE UNC $1
 | US $49.50 (0 Bid) End Date: Friday Mar-12-2010 4:31:01 PST Buy It Now for only: US $350.00 Bid now | Buy it now | Add to watch list |
1884 MORGAN SILVER DOLLAR COIN FROM ESTATE COLLECTION
 | US $26.00 (5 Bids) End Date: Friday Mar-12-2010 4:31:48 PST Bid now | Add to watch list |
1889 MORGAN SILVER DOLLAR COIN FROM ESTATE COLLECTION
 | US $26.00 (6 Bids) End Date: Friday Mar-12-2010 4:32:44 PST Bid now | Add to watch list |
1888 MORGAN SILVER DOLLAR COIN FROM ESTATE COLLECTION
 | US $18.50 (5 Bids) End Date: Friday Mar-12-2010 4:33:36 PST Bid now | Add to watch list |
1902 MORGAN SILVER DOLLAR COIN FROM ESTATE COLLECTION
 | US $16.50 (4 Bids) End Date: Friday Mar-12-2010 4:34:37 PST Bid now | Add to watch list |
1890-S MORGAN SILVER DOLLAR MS/BU US COIN RARE UNC $1
 | US $99.00 (1 Bid) End Date: Friday Mar-12-2010 4:34:48 PST Bid now | Add to watch list |
1890 S MORGAN SILVER DOLLAR COIN FROM ESTATE COLLECTION
 | US $36.00 (10 Bids) End Date: Friday Mar-12-2010 4:35:39 PST Bid now | Add to watch list |
1899 O MORGAN SILVER DOLLAR COIN FROM ESTATE COLLECTION
 | US $16.50 (4 Bids) End Date: Friday Mar-12-2010 4:36:39 PST Bid now | Add to watch list |
1891 MORGAN SILVER DOLLAR COIN FROM ESTATE COLLECTION
 | US $16.50 (4 Bids) End Date: Friday Mar-12-2010 4:37:40 PST Bid now | Add to watch list |
1882 O MORGAN SILVER DOLLAR COIN FROM ESTATE COLLECTION
 | US $20.50 (7 Bids) End Date: Friday Mar-12-2010 4:38:37 PST Bid now | Add to watch list |
1898-O MORGAN SILVER DOLLAR MS63
 | US $37.09 (7 Bids) End Date: Friday Mar-12-2010 4:42:33 PST Bid now | Add to watch list |
Lot of Five Sequential Year Morgan Silver Dollar s mint
 | US $76.05 (13 Bids) End Date: Friday Mar-12-2010 4:51:54 PST Bid now | Add to watch list |
1888-O MORGAN SILVER DOLLAR FULL FROSTY CHOICE BU
 | US $625.00 End Date: Friday Mar-12-2010 4:56:39 PST Buy It Now for only: US $625.00 Buy it now | Add to watch list |
1888-P "GEM" Morgan Dollar BU/CH/MS Silver Rare US COIN
 | US $75.00 (0 Bid) End Date: Friday Mar-12-2010 5:13:36 PST Buy It Now for only: US $295.00 Bid now | Buy it now | Add to watch list |
RARE CENTENNIAL 1900 MORGAN DOLLAR, NEW ORLEANS MINT
 | US $34.50 (0 Bid) End Date: Friday Mar-12-2010 5:26:01 PST Buy It Now for only: US $45.50 Bid now | Buy it now | Add to watch list |
COIN WEIGHT SCALE 4 S/CC Silver Morgan oz Ounce Dollars
 | US $9.99 (0 Bid) End Date: Friday Mar-12-2010 5:28:45 PST Bid now | Add to watch list |
Replica 1889-CC Morgan dollar COPY
 | US $0.10 (0 Bid) End Date: Friday Mar-12-2010 5:31:28 PST Bid now | Add to watch list |
5 AIRTITE Coin Holders w Ring 38mm Morgan Silver Dollar
 | US $3.95 End Date: Friday Mar-12-2010 5:37:18 PST Buy It Now for only: US $3.95 Buy it now | Add to watch list |
COIN SCALE Weigh Gold Silver Morgan Dollar Tool Device
 | US $19.99 (0 Bid) End Date: Friday Mar-12-2010 5:45:50 PST Bid now | Add to watch list |
EF/AU 1921 Morgan Silver Dollar, Last Year Morgan
 | US $19.99 (0 Bid) End Date: Friday Mar-12-2010 5:58:06 PST Bid now | Add to watch list |
VF/EF 1921-D Morgan Silver Dollar, Only Denver Morgan
 | US $19.99 (0 Bid) End Date: Friday Mar-12-2010 5:58:40 PST Bid now | Add to watch list |
EF 1921-S Morgan Silver Dollar, Last Frisco Morgan
 | US $19.99 (0 Bid) End Date: Friday Mar-12-2010 5:59:14 PST Bid now | Add to watch list |
1878-S UNITED STATES MORGAN SILVER DOLLAR ( XF+ )
 | US $18.45 (3 Bids) End Date: Friday Mar-12-2010 6:03:37 PST Bid now | Add to watch list |
UNC 1879 Morgan Dollar
 | US $12.62 (4 Bids) End Date: Friday Mar-12-2010 6:04:47 PST Bid now | Add to watch list |
1878 U.S. MORGAN SILVER DOLLAR 7 TF / 79 REV ( XF+ )
 | US $17.95 (1 Bid) End Date: Friday Mar-12-2010 6:06:03 PST Bid now | Add to watch list |
1 Roll of twenty Morgan/Peace silver dollars mixed!!!!!
 | US $361.00 (11 Bids) End Date: Friday Mar-12-2010 6:08:38 PST Bid now | Add to watch list |
1903-S MORGAN DOLLAR MICRO "S" RARE VAM-2 AU- DETAILS
 | US $3,250.00 End Date: Friday Mar-12-2010 6:08:52 PST Buy It Now for only: US $3,250.00 Buy it now | Add to watch list |
1878-CC UNITED STATES MORGAN SILVER DOLLAR ( VF+ )
 | US $91.00 (14 Bids) End Date: Friday Mar-12-2010 6:09:37 PST Bid now | Add to watch list |
2010 MORGAN DOLLAR 1.oz Silver.999 PURE BULLION/ROUND
 | US $19.57 (8 Bids) End Date: Friday Mar-12-2010 6:09:38 PST Bid now | Add to watch list |
1890 Morgan Silver Dollar, New Orleans
 | US $17.50 (8 Bids) End Date: Friday Mar-12-2010 6:10:26 PST Bid now | Add to watch list |
UNC 1881-O Morgan Dollar
 | US $18.63 (3 Bids) End Date: Friday Mar-12-2010 6:10:50 PST Bid now | Add to watch list |
1879 UNITED STATES MORGAN SILVER DOLLAR ( FINE )
 | US $16.95 (0 Bid) End Date: Friday Mar-12-2010 6:12:23 PST Bid now | Add to watch list |
1881-S UNITED STATES MORGAN SILVER DOLLAR ( MS+ )
 | US $29.95 (1 Bid) End Date: Friday Mar-12-2010 6:15:30 PST Bid now | Add to watch list |
1921 S Morgan Dollar, UNC, Lot Number T-195
 | US $16.50 (6 Bids) End Date: Friday Mar-12-2010 6:15:43 PST Bid now | Add to watch list |
1921 Morgan Silver Dollar-MS--AWESOME COIN!!!!
 | US $23.51 (4 Bids) End Date: Friday Mar-12-2010 6:16:20 PST Bid now | Add to watch list |
1899s U.S. MORGAN SILVER DOLLAR COIN VERY NICE LUSTER
 | US $49.00 (0 Bid) End Date: Friday Mar-12-2010 6:16:52 PST Bid now | Add to watch list |
1879-S MORGAN SILVER DOLLAR PCGS MS66 MS-66 OGH !!!!!!!
 | US $459.00 End Date: Friday Mar-12-2010 6:17:16 PST Buy It Now for only: US $459.00 Buy it now | Add to watch list |
1887-0 silver morgan dollar,XFINE
 | US $17.50 (8 Bids) End Date: Friday Mar-12-2010 6:20:36 PST Bid now | Add to watch list |
1878-S silver morgan dollar,AU,NIE TONE
 | US $28.58 (4 Bids) End Date: Friday Mar-12-2010 6:25:03 PST Bid now | Add to watch list |
1890-P Morgan dollar
 | US $17.99 (0 Bid) End Date: Friday Mar-12-2010 6:26:15 PST Buy It Now for only: US $21.00 Bid now | Buy it now | Add to watch list |
1883 silver morgan dollar,AU,PLUS
 | US $18.08 (14 Bids) End Date: Friday Mar-12-2010 6:27:48 PST Bid now | Add to watch list |
1881 silver morgan dollar,AU,PLUS
 | US $18.08 (4 Bids) End Date: Friday Mar-12-2010 6:31:13 PST Bid now | Add to watch list |
1921-D MORGAN Dollar Silver, nice Liberty Head VF-XF
 | US $15.50 (5 Bids) End Date: Friday Mar-12-2010 6:32:53 PST Bid now | Add to watch list |
1884-s morgan silver dollar unc coin
 | US $350.00 (0 Bid) End Date: Friday Mar-12-2010 6:34:02 PST Bid now | Add to watch list |
1883 MORGAN SILVER DOLLAR
 | US $21.99 (0 Bid) End Date: Friday Mar-12-2010 6:34:17 PST Bid now | Add to watch list |
1900 Morgan Silver Dollar Circulated Ungraded Excel.
 | US $29.99 End Date: Friday Mar-12-2010 6:34:20 PST Buy It Now for only: US $29.99 Buy it now | Add to watch list |
1883-0 silver morgan dollar,UNC GEM
 | US $23.50 (8 Bids) End Date: Friday Mar-12-2010 6:35:08 PST Bid now | Add to watch list |
1886 silver morgan dollar,UNC GEM
 | US $20.50 (5 Bids) End Date: Friday Mar-12-2010 6:38:10 PST Bid now | Add to watch list |
1921 Morgan Dollar Circulated Good Condition
 | US $24.99 (0 Bid) End Date: Friday Mar-12-2010 6:39:31 PST Bid now | Add to watch list |
1900-P Morgan Dollar "GEM DETAILS!" BU/CH Silver RARE
 | US $75.00 (0 Bid) End Date: Friday Mar-12-2010 6:42:32 PST Buy It Now for only: US $295.00 Bid now | Buy it now | Add to watch list |
1897 silver morgan dollar,UNC GEM
 | US $21.05 (4 Bids) End Date: Friday Mar-12-2010 6:44:01 PST Bid now | Add to watch list |
1885 MORGAN SILVER DOLLAR EXTREMELY FINE COIN
 | US $23.99 (0 Bid) End Date: Friday Mar-12-2010 6:45:26 PST Bid now | Add to watch list |
GEM BU ++ PROOF-LIKE 1880-S MORGAN SILVER DOLLAR!!!!
 | US $46.00 (2 Bids) End Date: Friday Mar-12-2010 6:46:46 PST Bid now | Add to watch list |
1900 silver morgan dollar,UNC GEM
 | US $49.99 (1 Bid) End Date: Friday Mar-12-2010 6:48:01 PST Bid now | Add to watch list |
1888 P Morgan Silver Dollar NGC MS-63 $$$ Lustrous $$$
 | US $51.00 (14 Bids) End Date: Friday Mar-12-2010 6:50:46 PST Bid now | Add to watch list |
1889 MORGAN SILVER DOLLAR
 | US $15.99 (1 Bid) End Date: Friday Mar-12-2010 6:56:52 PST Bid now | Add to watch list |
1891-S MORGAN SILVER DOLLAR U.S. COIN LOT T6377
 | US $37.83 End Date: Friday Mar-12-2010 6:57:43 PST Buy It Now for only: US $37.83 Buy it now | Add to watch list |
1881 S Morgan Silver Dollar - BU UNC - SUPER NICE SHAPE
 | US $29.95 (1 Bid) End Date: Friday Mar-12-2010 7:00:49 PST Bid now | Add to watch list |
1885-P MORGAN DOLLAR BU
 | US $19.99 (1 Bid) End Date: Friday Mar-12-2010 7:01:18 PST Bid now | Add to watch list |
Replica 45 mm Morgan dollar 1879
 | US $0.10 (0 Bid) End Date: Friday Mar-12-2010 7:02:35 PST Bid now | Add to watch list |
1879 S Morgan Silver Dollar - BU UNC - SUPER NICE SHAPE
 | US $29.95 (1 Bid) End Date: Friday Mar-12-2010 7:02:45 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.