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
1880-O Morgan Silver Dollar
 | US $13.00 (5 Bids) End Date: Monday Feb-08-2010 14:52:01 PST Bid now | Add to watch list |
1890 MORGAN SILVER DOLLAR-SHARP COIN
 | US $14.27 (4 Bids) End Date: Monday Feb-08-2010 14:52:06 PST Bid now | Add to watch list |
1900 MORGAN SILVER DOLLAR
 | US $15.50 (9 Bids) End Date: Monday Feb-08-2010 14:52:37 PST Bid now | Add to watch list |
1889 Morgan dollar. UNC - Great definition - toning
 | US $29.99 (0 Bid) End Date: Monday Feb-08-2010 14:53:56 PST Buy It Now for only: US $65.00 Bid now | Buy it now | Add to watch list |
1921 P MORGAN SILVER DOLLAR
 | US $14.16 (4 Bids) End Date: Monday Feb-08-2010 14:54:03 PST Bid now | Add to watch list |
1921 S MORGAN SILVER DOLLAR GREAT COIN
 | US $17.49 (6 Bids) End Date: Monday Feb-08-2010 14:54:12 PST Bid now | Add to watch list |
1921-P morgan dollar BU
 | US $14.50 (5 Bids) End Date: Monday Feb-08-2010 14:54:20 PST Bid now | Add to watch list |
1883-O MORGAN SILVER DOLLAR - XF+
 | US $22.49 (8 Bids) End Date: Monday Feb-08-2010 14:58:18 PST Bid now | Add to watch list |
KEY DATE 1899 S MORGAN SILVER DOLLAR 1899S
 | US $8.39 (11 Bids) End Date: Monday Feb-08-2010 14:58:53 PST Bid now | Add to watch list |
1878 ~~~ 7 TAIL FEATHER MORGAN SILVER DOLLAR
 | US $42.00 (1 Bid) End Date: Monday Feb-08-2010 15:00:37 PST Bid now | Add to watch list |
1884-O Morgan Silver Dollar
 | US $13.06 (4 Bids) End Date: Monday Feb-08-2010 15:01:08 PST Bid now | Add to watch list |
US 1894 O Morgan Silver Dollar Liberty Eagle Coin $
 | US $31.00 (10 Bids) End Date: Monday Feb-08-2010 15:02:03 PST Bid now | Add to watch list |
1884-0 Morgan Silver Dollar 8294A
 | US $20.05 (0 Bid) End Date: Monday Feb-08-2010 15:02:44 PST Bid now | Add to watch list |
1921 Morgan Dollar
 | US $16.01 (4 Bids) End Date: Monday Feb-08-2010 15:04:28 PST Buy It Now for only: US $175.00 Bid now | Buy it now | Add to watch list |
1895-o Morgan Silver Dollar - nice!! $1 RARE Date
 | US $100.00 (9 Bids) End Date: Monday Feb-08-2010 15:08:25 PST Bid now | Add to watch list |
1878 CC MORGAN SILVER DOLLAR PCGS MS64
 | US $445.00 (1 Bid) End Date: Monday Feb-08-2010 15:08:43 PST Bid now | Add to watch list |
1883-CC GSA Morgan Dollar VAM-5A in Crisp Box w/COA, NR
 | US $195.00 (0 Bid) End Date: Monday Feb-08-2010 15:08:54 PST Bid now | Add to watch list |
CoinSafe - Square Tubes for Morgan Silver Dollar Rolls
 | US $6.95 (0 Bid) End Date: Monday Feb-08-2010 15:10:50 PST Bid now | Add to watch list |
1884-CC GSA Morgan Dollar VAM-4A in Crisp Box w/COA, NR
 | US $195.00 (0 Bid) End Date: Monday Feb-08-2010 15:11:15 PST Bid now | Add to watch list |
1921 Morgan Dollar *Zerbe Obverse & Reverse Dies* Vam
 | US $135.00 (1 Bid) End Date: Monday Feb-08-2010 15:12:09 PST Bid now | Add to watch list |
1878s MS65 Morgan Silver Dollar
 | US $160.00 End Date: Monday Feb-08-2010 15:14:11 PST Buy It Now for only: US $160.00 Buy it now | Add to watch list |
1921 Morgan Silver US Dollar HIGH GRADE Detail
 | US $17.00 (4 Bids) End Date: Monday Feb-08-2010 15:15:00 PST Bid now | Add to watch list |
1885o MORGAN DOLLAR-SILVER- VERY NICE COIN
 | US $15.17 (8 Bids) End Date: Monday Feb-08-2010 15:19:03 PST Bid now | Add to watch list |
1879 MORGAN SILVER DOLLAR
 | US $17.00 (0 Bid) End Date: Monday Feb-08-2010 15:21:45 PST Bid now | Add to watch list |
" TOP 100 " 1889 O VAM 2A OVAL O MORGAN DOLLAR 1889O
 | US $99.00 End Date: Monday Feb-08-2010 15:22:39 PST Buy It Now for only: US $99.00 Buy it now | Add to watch list |
1883 MORGAN SILVER DOLLAR
 | US $17.00 (1 Bid) End Date: Monday Feb-08-2010 15:24:02 PST Bid now | Add to watch list |
1887 MORGAN DOLLAR-MS 63 ANACS-NO RES
 | US $32.06 (5 Bids) End Date: Monday Feb-08-2010 15:27:23 PST Bid now | Add to watch list |
1879 Morgan dollar. UNC - Great definition - No toning
 | US $99.99 (0 Bid) End Date: Monday Feb-08-2010 15:27:35 PST Buy It Now for only: US $300.00 Bid now | Buy it now | Add to watch list |
Morgan Dollars 1921 BU Gem 6
 | US $24.50 (0 Bid) End Date: Monday Feb-08-2010 15:27:37 PST Buy It Now for only: US $28.50 Bid now | Buy it now | Add to watch list |
1878 - 1881 S Morgan Silver Dollar Set good condition!
 | US $56.00 (9 Bids) End Date: Monday Feb-08-2010 15:29:09 PST Bid now | Add to watch list |
1885 O US MINT MORGAN SILVER $1 DOLLAR COIN PCGS MS-64
 | US $69.99 End Date: Monday Feb-08-2010 15:29:36 PST Buy It Now for only: US $69.99 Buy it now | Add to watch list |
1882-S Morgan Silver Dollar Graded MS64 Uncirculated
 | US $48.02 (7 Bids) End Date: Monday Feb-08-2010 15:31:11 PST Bid now | Add to watch list |
1889-CC Silver Morgan Dollar
 | US $810.51 (14 Bids) End Date: Monday Feb-08-2010 15:31:53 PST Bid now | Add to watch list |
1885 O Colored Morgan Dollar Gem
 | US $15.03 (3 Bids) End Date: Monday Feb-08-2010 15:33:08 PST Bid now | Add to watch list |
1884 CARSON CITY Morgan Dollar VF/XF Condition! No Res.
 | US $72.02 (6 Bids) End Date: Monday Feb-08-2010 15:33:34 PST Bid now | Add to watch list |
1878 morgan silver dollar
 | US $18.52 (6 Bids) End Date: Monday Feb-08-2010 15:33:55 PST Bid now | Add to watch list |
1879 MORGAN SILVER DOLLAR TYPE COIN RARE CAMEO MIRRORS
 | US $569.00 End Date: Monday Feb-08-2010 15:37:23 PST Buy It Now for only: US $569.00 Buy it now | Add to watch list |
1896 S Morgan Silver Dollar
 | US $24.49 (10 Bids) End Date: Monday Feb-08-2010 15:39:45 PST Bid now | Add to watch list |
1921 MORGAN SILVER DOLLAR BU GEM UNC MS COIN #345
 | US $26.44 (7 Bids) End Date: Monday Feb-08-2010 15:41:38 PST Bid now | Add to watch list |
1886 MORGAN SILVER DOLLAR- AU+
 | US $16.50 (4 Bids) End Date: Monday Feb-08-2010 15:42:03 PST Bid now | Add to watch list |
1896-O Morgan Dollar-CH AU-All White Scarce Date Nice
 | US $32.00 (5 Bids) End Date: Monday Feb-08-2010 15:43:37 PST Bid now | Add to watch list |
1901 Morgan Silver Dollar
 | US $38.54 (8 Bids) End Date: Monday Feb-08-2010 15:43:42 PST Bid now | Add to watch list |
1890-CC MORGAN SILVER DOLLAR, NICE LUSTER, GOOD DETAIL.
 | US $129.00 End Date: Monday Feb-08-2010 15:45:29 PST Buy It Now for only: US $129.00 Buy it now | Add to watch list |
1881-S MORGAN SILVER DOLLAR - GEM UNC U.S. SILVER COIN
 | US $38.67 (3 Bids) End Date: Monday Feb-08-2010 15:45:42 PST Bid now | Add to watch list |
*** 1890-P Morgan Silver Dollar Unc NICE COIN ***
 | US $36.95 End Date: Monday Feb-08-2010 15:45:56 PST Buy It Now for only: US $36.95 Buy it now | Add to watch list |
1921 Morgan Dollar
 | US $17.75 (7 Bids) End Date: Monday Feb-08-2010 15:46:13 PST Bid now | Add to watch list |
★ 1884-O Morgan Dollar NGC MS-64 VAM-32A Radial Break ★
 | US $375.00 End Date: Monday Feb-08-2010 15:47:27 PST Buy It Now for only: US $375.00 Buy it now | Add to watch list |
1900 Morgan Silver Dollar
 | US $14.00 (3 Bids) End Date: Monday Feb-08-2010 15:47:40 PST Bid now | Add to watch list |
1899-S MORGAN SILVER DOLLAR "NO RESERVE" EXCELLENT
 | US $34.50 (0 Bid) End Date: Monday Feb-08-2010 15:47:42 PST Bid now | Add to watch list |
1887 MORGAN SILVER DOLLAR- AU+
 | US $15.56 (4 Bids) End Date: Monday Feb-08-2010 15:49:18 PST Bid now | Add to watch list |
20 - 1 Troy Oz Silver Rnds - Morgan Dollar 2010
 | US $326.00 (10 Bids) End Date: Monday Feb-08-2010 15:50:53 PST Bid now | Add to watch list |
COIN WEIGHT SCALE 4 S/CC Silver Morgan oz Ounce Dollars
 | US $9.99 (0 Bid) End Date: Monday Feb-08-2010 15:51:25 PST Bid now | Add to watch list |
US MORGAN 1883 cc SILVER DOLLAR
 | US $76.00 (11 Bids) End Date: Monday Feb-08-2010 15:52:23 PST Bid now | Add to watch list |
Nine (9) Morgan Silver dollars with air tite holder
 | US $92.00 (16 Bids) End Date: Monday Feb-08-2010 15:52:48 PST Bid now | Add to watch list |
1887 Silver Morgan Dollar NGC MS 63 Fitzgerald
 | US $36.00 (5 Bids) End Date: Monday Feb-08-2010 15:55:39 PST Bid now | Add to watch list |
Very Nice 1882-CC Silver Morgan Dollar FREE S/H!!
 | US $82.81 (13 Bids) End Date: Monday Feb-08-2010 15:56:00 PST Bid now | Add to watch list |
1879 Morgan Silver Dollar.Authentic and AU condition.
 | US $15.00 (0 Bid) End Date: Monday Feb-08-2010 15:56:40 PST Bid now | Add to watch list |
1878-S Morgan Silver Dollar! NO reserve!
 | US $21.27 (8 Bids) End Date: Monday Feb-08-2010 15:56:46 PST Bid now | Add to watch list |
1892 S Morgan Silver Dollar 1,200,000 minted
 | US $40.01 (9 Bids) End Date: Monday Feb-08-2010 15:57:08 PST Bid now | Add to watch list |
Morgan Silver dollar 1889
 | US $20.00 (0 Bid) End Date: Monday Feb-08-2010 15:57:32 PST Buy It Now for only: US $38.00 Bid now | Buy it now | Add to watch list |
1883 S MORGAN SILVER DOLLAR GEM BU UNC MS COIN #452
 | US $152.50 (9 Bids) End Date: Monday Feb-08-2010 15:57:36 PST Bid now | Add to watch list |
Very Nice 1904-O Silver Morgan Dollar NICE COIN!!
 | US $19.76 (5 Bids) End Date: Monday Feb-08-2010 15:57:51 PST Bid now | Add to watch list |
1898 MORGAN SILVER DOLLAR- AU+
 | US $12.50 (2 Bids) End Date: Monday Feb-08-2010 15:58:13 PST Bid now | Add to watch list |
Morgan Silver dollar 1889 Toning
 | US $25.00 (0 Bid) End Date: Monday Feb-08-2010 15:58:14 PST Bid now | Add to watch list |
1887 S MORGAN HEAD DOLLAR Mintage : 1,771,000
 | US $22.50 (3 Bids) End Date: Monday Feb-08-2010 15:58:17 PST Bid now | Add to watch list |
1881 CC MORGAN SILVER DOLLAR VERY NICE COIN
 | US $147.50 (8 Bids) End Date: Monday Feb-08-2010 15:58:41 PST Bid now | Add to watch list |
Choice BU 1904-O Silver Morgan Dollar FREE S/H!
 | US $27.00 (7 Bids) End Date: Monday Feb-08-2010 15:58:56 PST Bid now | Add to watch list |
Morgan Dollar GOLD Miniature coin
 | US $3.00 (0 Bid) End Date: Monday Feb-08-2010 15:59:00 PST Bid now | Add to watch list |
1921 Morgan Silver Dollar
 | US $15.06 (6 Bids) End Date: Monday Feb-08-2010 15:59:16 PST Bid now | Add to watch list |
1882, 1883 & 1884 "O" Mint Morgan Silver Dollars
 | US $46.00 (5 Bids) End Date: Monday Feb-08-2010 15:59:36 PST Bid now | Add to watch list |
1886-P MORGAN DOLLAR PCGS MS62 NICE STRIKE
 | US $31.00 (3 Bids) End Date: Monday Feb-08-2010 16:00:27 PST Bid now | Add to watch list |
1903 MORGAN SILVER DOLLAR HIGHER GRADE
 | US $19.65 (7 Bids) End Date: Monday Feb-08-2010 16:00:34 PST Bid now | Add to watch list |
Choice BU 1900-O Silver Morgan Dollar FREE S/H!
 | US $31.00 (8 Bids) End Date: Monday Feb-08-2010 16:00:38 PST Bid now | Add to watch list |
AU 1882-O SILVER MORGAN DOLLAR FREE SHIPPING!!
 | US $24.50 (13 Bids) End Date: Monday Feb-08-2010 16:00:54 PST Bid now | Add to watch list |
1896-O Morgan Dollar AU WJ-18
 | US $130.00 End Date: Monday Feb-08-2010 16:01:07 PST Buy It Now for only: US $130.00 Buy it now | Add to watch list |
1897-O Morgan Dollar BU/Choice BU WJ-27
 | US $1,489.00 End Date: Monday Feb-08-2010 16:01:22 PST Buy It Now for only: US $1,489.00 Buy it now | Add to watch list |
1879 CC Morgan Silver Dollar, circulated 756,000 minted
 | US $56.67 (14 Bids) End Date: Monday Feb-08-2010 16:01:48 PST Bid now | Add to watch list |
Roll (20) 1921 United States Morgan Silver Dollars. XF
 | US $325.00 (12 Bids) End Date: Monday Feb-08-2010 16:02:01 PST Bid now | Add to watch list |
Choice BU 1886-O Silver Morgan Dollar FREE S/H!
 | US $67.00 (12 Bids) End Date: Monday Feb-08-2010 16:02:32 PST Bid now | Add to watch list |
1878 1879 1880 CC MORGAN SILVER DOLLAR $1 COPY COINS
 | US $42.95 End Date: Monday Feb-08-2010 16:03:12 PST Buy It Now for only: US $42.95 Buy it now | Add to watch list |
Morgan Silver dollar 1885 O MS64
 | US $28.00 (3 Bids) End Date: Monday Feb-08-2010 16:03:28 PST Bid now | Add to watch list |
1885 O MORGAN SILVER DOLLAR PCGS MS63 UNC MS COIN #311
 | US $35.66 (5 Bids) End Date: Monday Feb-08-2010 16:03:39 PST Bid now | Add to watch list |
Choice BU 1889-O Silver Morgan Dollar FREE S/H!
 | US $34.79 (10 Bids) End Date: Monday Feb-08-2010 16:03:46 PST Bid now | Add to watch list |
US MORGAN 1895 "O" SILVER DOLLAR
 | US $102.50 (13 Bids) End Date: Monday Feb-08-2010 16:03:47 PST Bid now | Add to watch list |
Silver Dollar Morgan 1896-O coin
 | US $21.05 (3 Bids) End Date: Monday Feb-08-2010 16:03:48 PST Bid now | Add to watch list |
1881 Morgan Silver Dollar in Frame
 | US $11.27 (2 Bids) End Date: Monday Feb-08-2010 16:03:50 PST Bid now | Add to watch list |
Silver Dollar Morgan 1902 coin
 | US $12.77 (4 Bids) End Date: Monday Feb-08-2010 16:03:51 PST Bid now | Add to watch list |
THREE 1891 "P" Mint Morgan Silver Dollars
 | US $45.00 (4 Bids) End Date: Monday Feb-08-2010 16:04:39 PST Bid now | Add to watch list |
Beautiful BU 1883 Morgan Silver Dollar,
 | US $24.01 (3 Bids) End Date: Monday Feb-08-2010 16:04:41 PST Bid now | Add to watch list |
1899-o and p mint morgan dollar 2 for one
 | US $49.95 (0 Bid) End Date: Monday Feb-08-2010 16:04:44 PST Bid now | Add to watch list |
1890-CC MORGAN SILVER DOLLAR VF/XF
 | US $93.25 (0 Bid) End Date: Monday Feb-08-2010 16:04:50 PST Bid now | Add to watch list |
Very Nice 1904-S Silver Morgan Dollar FREE S/H!
 | US $17.50 (9 Bids) End Date: Monday Feb-08-2010 16:05:01 PST Bid now | Add to watch list |
1887 MORGAN SILVER DOLLAR
 | US $20.50 (4 Bids) End Date: Monday Feb-08-2010 16:05:30 PST Bid now | Add to watch list |
1883-O MORGAN DOLLAR PCGS MS62 NICE STRIKE
 | US $31.00 (4 Bids) End Date: Monday Feb-08-2010 16:05:46 PST Bid now | Add to watch list |
1880-S MORGAN SILVER DOLLAR VERY NICE COIN
 | US $18.50 (0 Bid) End Date: Monday Feb-08-2010 16:07:07 PST Bid now | Add to watch list |
1888 Morgan Silver Dollar BU
 | US $14.27 (6 Bids) End Date: Monday Feb-08-2010 16:07:26 PST Bid now | Add to watch list |
1884-O MORGAN SILVER DOLLAR
 | US $17.00 (0 Bid) End Date: Monday Feb-08-2010 16:07:33 PST Bid now | Add to watch list |
Choice BU 1892-O Silver Morgan Dollar FREE S/H!
 | US $61.00 (17 Bids) End Date: Monday Feb-08-2010 16:07:39 PST Bid now | Add to watch list |
1889 Morgan Dollar-Original AU/BU-1 Day Auction
 | US $18.50 (5 Bids) End Date: Monday Feb-08-2010 16:08:44 PST Bid now | Add to watch list |
1896 Morgan Dollar--Lustrous AU/BU Coin
 | US $12.75 (2 Bids) End Date: Monday Feb-08-2010 16:08:58 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.