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
1891-S MORGAN DOLLAR PCGS MS-63
 | US $155.00 End Date: Friday Sep-03-2010 2:49:43 PDT Buy It Now for only: US $155.00 Buy it now | Add to watch list |
1883-O MORGAN DOLLAR CERTIFIED MS-65 NGC, EYE APPEAL +
 | US $175.00 End Date: Friday Sep-03-2010 2:50:21 PDT Buy It Now for only: US $175.00 Buy it now | Add to watch list |
1888-O MORGAN SILVER DOLLAR....NO RESERVE
 | US $20.00 (10 Bids) End Date: Friday Sep-03-2010 2:57:42 PDT Bid now | Add to watch list |
1921-D MORGAN DOLLAR PROTECTED FOR YEARS! CAN BE YOURS!
 | US $31.99 (0 Bid) End Date: Friday Sep-03-2010 3:00:50 PDT Bid now | Add to watch list |
1879 S morgan dollar NGC MS64,
 | US $100.00 End Date: Friday Sep-03-2010 3:01:55 PDT Buy It Now for only: US $100.00 Buy it now | Add to watch list |
1883-s MORGAN DOLLAR RARE DATE COIN
 | US $388.00 (0 Bid) End Date: Friday Sep-03-2010 3:18:48 PDT Buy It Now for only: US $440.00 Bid now | Buy it now | Add to watch list |
1886-O MORGAN SILVER DOLLAR....NO RESERVE
 | US $20.50 (11 Bids) End Date: Friday Sep-03-2010 3:20:18 PDT Bid now | Add to watch list |
REPLICA 1895 Morgan Dollar COIN COPY
 | US $0.10 (1 Bid) End Date: Friday Sep-03-2010 3:21:53 PDT Bid now | Add to watch list |
DIGITAL SILVER COIN SCALE for Rolls Morgan Peace Dollar
 | US $9.99 (0 Bid) End Date: Friday Sep-03-2010 3:24:13 PDT Bid now | Add to watch list |
1882-S $1 Silver Morgan Dollar Gem BU Great Red Toning
 | US $229.95 End Date: Friday Sep-03-2010 3:24:29 PDT Buy It Now for only: US $229.95 Buy it now | Add to watch list |
1891- MORGAN DOLLAR - HIGH QUALITY COLLECTION PIECE
 | US $31.99 (0 Bid) End Date: Friday Sep-03-2010 3:30:28 PDT Bid now | Add to watch list |
5-SQUARE COIN TUBES FOR (MORGAN DOLLARS) COIN SAFE
 | US $6.99 End Date: Friday Sep-03-2010 3:31:37 PDT Buy It Now for only: US $6.99 Buy it now | Add to watch list |
1885-S MORGAN DOLLAR , CERTIFIED NGC MS-63 "LUSTER PLUS
 | US $300.00 End Date: Friday Sep-03-2010 3:35:55 PDT Buy It Now for only: US $300.00 Buy it now | Add to watch list |
1886 $1 Silver Morgan Dollar Gem BU Strong Early Strike
 | US $229.95 End Date: Friday Sep-03-2010 3:39:14 PDT Buy It Now for only: US $229.95 Buy it now | Add to watch list |
1902-O MORGAN SILVER DOLLAR....NO RESERVE
 | US $21.50 (12 Bids) End Date: Friday Sep-03-2010 3:45:23 PDT Bid now | Add to watch list |
1879 cc MORGAN SILVER DOLLAR $1 Gallery Copy Proof Coin
 | US $12.95 (0 Bid) End Date: Friday Sep-03-2010 3:50:38 PDT Bid now | Add to watch list |
1878-S VAM-17B HIT LIST-40 SUPER CD Dollar Morgan MS
 | US $99.00 End Date: Friday Sep-03-2010 3:53:21 PDT Buy It Now for only: US $99.00 Buy it now | Add to watch list |
1889 $1 Silver Morgan Dollar BU - BU+ Nick Reverse Rim
 | US $64.95 End Date: Friday Sep-03-2010 3:55:37 PDT Buy It Now for only: US $64.95 Buy it now | Add to watch list |
1891 cc MORGAN SILVER DOLLAR VG CARSON CITY
 | US $53.20 (11 Bids) End Date: Friday Sep-03-2010 4:00:02 PDT Bid now | Add to watch list |
1889- MORGAN DOLLAR RAINBOW TONED OBV/REV BEAUTIFUL!
 | US $39.99 (0 Bid) End Date: Friday Sep-03-2010 4:00:37 PDT Bid now | Add to watch list |
1895 O MORGAN SILVER DOLLAR $1 COIN WHOLESALE C351
 | US $375.00 End Date: Friday Sep-03-2010 4:02:31 PDT Buy It Now for only: US $375.00 Buy it now | Add to watch list |
1895 O MORGAN SILVER DOLLAR $1 COIN C15085
 | US $300.00 End Date: Friday Sep-03-2010 4:02:35 PDT Buy It Now for only: US $300.00 Buy it now | Add to watch list |
1903 S MORGAN SILVER DOLLAR 1$ COIN C7800
 | US $100.00 End Date: Friday Sep-03-2010 4:02:38 PDT Buy It Now for only: US $100.00 Buy it now | Add to watch list |
1903 S MORGAN SILVER DOLLAR 1$ COIN C301
 | US $195.00 End Date: Friday Sep-03-2010 4:02:41 PDT Buy It Now for only: US $195.00 Buy it now | Add to watch list |
1894 O MORGAN SILVER DOLLAR $1 COIN C15086
 | US $50.00 End Date: Friday Sep-03-2010 4:02:45 PDT Buy It Now for only: US $50.00 Buy it now | Add to watch list |
1901 P MORGAN SILVER DOLLAR $1 COIN C15088
 | US $475.00 End Date: Friday Sep-03-2010 4:02:47 PDT Buy It Now for only: US $475.00 Buy it now | Add to watch list |
1894 O MORGAN SILVER DOLLAR $1 COIN C15083
 | US $90.00 End Date: Friday Sep-03-2010 4:02:49 PDT Buy It Now for only: US $90.00 Buy it now | Add to watch list |
1892 S MORGAN SILVER DOLLAR 1$ COIN C7795
 | US $90.00 End Date: Friday Sep-03-2010 4:02:57 PDT Buy It Now for only: US $90.00 Buy it now | Add to watch list |
1892 CC MORGAN SILVER DOLLAR $1 COIN C15087
 | US $185.00 End Date: Friday Sep-03-2010 4:03:01 PDT Buy It Now for only: US $185.00 Buy it now | Add to watch list |
1889 CC MORGAN SILVER DOLLAR $1 COIN WHOLESALE C353
 | US $1,025.00 End Date: Friday Sep-03-2010 4:03:05 PDT Buy It Now for only: US $1,025.00 Buy it now | Add to watch list |
1883 O MORGAN SILVER DOLLAR 1$ COIN C645
 | US $46.00 End Date: Friday Sep-03-2010 4:03:13 PDT Buy It Now for only: US $46.00 Buy it now | Add to watch list |
1890 $1 Silver Morgan Dollar BU - BU+ Nice Rim Tone
 | US $64.95 End Date: Friday Sep-03-2010 4:13:10 PDT Buy It Now for only: US $64.95 Buy it now | Add to watch list |
1878 MORGAN HEAD Silver Dollar
 | US $20.09 (9 Bids) End Date: Friday Sep-03-2010 4:14:25 PDT Bid now | Add to watch list |
1900 (SLABBED) MORGAN SILVER DOLLAR....NO RESERVE
 | US $43.95 (6 Bids) End Date: Friday Sep-03-2010 4:16:25 PDT Bid now | Add to watch list |
1894-O VG-F Morgan Silver Dollar
 | US $45.00 End Date: Friday Sep-03-2010 4:22:13 PDT Buy It Now for only: US $45.00 Buy it now | Add to watch list |
REPLICA 1893-S Morgan Dollar COIN COPY
 | US $0.10 (1 Bid) End Date: Friday Sep-03-2010 4:29:30 PDT Bid now | Add to watch list |
1890-S $1 Silver Morgan Dollar Unc. - BU ok Example
 | US $62.95 End Date: Friday Sep-03-2010 4:37:29 PDT Buy It Now for only: US $62.95 Buy it now | Add to watch list |
1921 MORGAN SILVER DOLLAR "ICG" GRADED MS 61
 | US $29.95 (0 Bid) End Date: Friday Sep-03-2010 4:45:07 PDT Bid now | Add to watch list |
1882-O/S $1 Silver Morgan Dollar AU 50 Anacs Vam 5
 | US $199.95 End Date: Friday Sep-03-2010 4:45:40 PDT Buy It Now for only: US $199.95 Buy it now | Add to watch list |
1878 S MORGAN SILVER DOLLAR PROOF REPRODUCTION
 | US $16.99 End Date: Friday Sep-03-2010 4:51:43 PDT Buy It Now for only: US $16.99 Buy it now | Add to watch list |
1891 $1 Silver Morgan Dollar BU Better Date Marks Obv
 | US $124.95 End Date: Friday Sep-03-2010 4:52:08 PDT Buy It Now for only: US $124.95 Buy it now | Add to watch list |
1879 S MORGAN SILVER DOLLAR PROOF REPRODUCTION
 | US $16.99 End Date: Friday Sep-03-2010 4:53:26 PDT Buy It Now for only: US $16.99 Buy it now | Add to watch list |
1879 O MORGAN SILVER DOLLAR PROOF REPRODUCTION
 | US $16.99 End Date: Friday Sep-03-2010 4:55:00 PDT Buy It Now for only: US $16.99 Buy it now | Add to watch list |
1881 - New Orleans Morgan Silver Dollar
 | US $17.99 (4 Bids) End Date: Friday Sep-03-2010 4:56:32 PDT Bid now | Add to watch list |
1880 - New Orleans Morgan Silver Dollar
 | US $17.99 (4 Bids) End Date: Friday Sep-03-2010 4:56:33 PDT Bid now | Add to watch list |
1888 - New Orleans Morgan Silver Dollar
 | US $18.55 (4 Bids) End Date: Friday Sep-03-2010 4:56:33 PDT Bid now | Add to watch list |
1887 - New Orleans Morgan Silver Dollar
 | US $17.99 (12 Bids) End Date: Friday Sep-03-2010 4:56:33 PDT Bid now | Add to watch list |
1889 - New Orleans Morgan Silver Dollar
 | US $17.99 (7 Bids) End Date: Friday Sep-03-2010 4:56:33 PDT Bid now | Add to watch list |
1879 - Philadelphia Morgan Silver Dollar
 | US $17.99 (6 Bids) End Date: Friday Sep-03-2010 4:56:33 PDT Bid now | Add to watch list |
1884 S MORGAN SILVER DOLLAR PROOF REPRODUCTION
 | US $16.99 End Date: Friday Sep-03-2010 4:57:02 PDT Buy It Now for only: US $16.99 Buy it now | Add to watch list |
1893P Morgan Silver Dollar
 | US $220.00 (0 Bid) End Date: Friday Sep-03-2010 4:57:12 PDT Buy It Now for only: US $242.00 Bid now | Buy it now | Add to watch list |
1896- MORGAN DOLLAR PROTECTED FOR YEARS! CAN BE YOURS!
 | US $31.99 (0 Bid) End Date: Friday Sep-03-2010 5:00:04 PDT Bid now | Add to watch list |
1891-CC CARSON CITY MINT MORGAN SILVER DOLLAR VF+
 | US $92.92 (13 Bids) End Date: Friday Sep-03-2010 5:12:07 PDT Bid now | Add to watch list |
1891-CC CARSON CITY MINT MORGAN SILVER DOLLAR AU+
 | US $127.50 (16 Bids) End Date: Friday Sep-03-2010 5:13:05 PDT Bid now | Add to watch list |
1897-O $1 Silver Morgan Dollar Unc - BU Better Date
 | US $824.95 End Date: Friday Sep-03-2010 5:16:37 PDT Buy It Now for only: US $824.95 Buy it now | Add to watch list |
10-SQUARE COIN TUBES FOR (MORGAN DOLLARS) COIN SAFE
 | US $9.49 End Date: Friday Sep-03-2010 5:21:57 PDT Buy It Now for only: US $9.49 Buy it now | Add to watch list |
1890 O MORGAN SILVER DOLLAR 8-19-2010
 | US $16.95 (0 Bid) End Date: Friday Sep-03-2010 5:23:15 PDT Bid now | Add to watch list |
super nice 1878 cc morgan silver dollar
 | US $89.99 (1 Bid) End Date: Friday Sep-03-2010 5:23:46 PDT Bid now | Add to watch list |
1890-S PCGS Certified MS64 Morgan Dollar!
 | US $289.99 End Date: Friday Sep-03-2010 5:24:19 PDT Buy It Now for only: US $289.99 Buy it now | Add to watch list |
1880 Morgan Silver Dollar - PCGS MS-64
 | US $110.00 (1 Bid) End Date: Friday Sep-03-2010 5:27:06 PDT Bid now | Add to watch list |
COIN WEIGHT SCALE 4 S/CC Silver Morgan oz Ounce Dollars
 | US $9.99 (0 Bid) End Date: Friday Sep-03-2010 5:28:19 PDT Bid now | Add to watch list |
1881 Morgan Silver Dollar - PCGS MS-63
 | US $55.00 (1 Bid) End Date: Friday Sep-03-2010 5:28:34 PDT Bid now | Add to watch list |
super nice 1883 cc morgan silver dollar
 | US $89.99 (0 Bid) End Date: Friday Sep-03-2010 5:29:00 PDT Bid now | Add to watch list |
1881 O MORGAN SILVER DOLLAR SUPER ★★★++ BU ++ MS ++ GEM
 | US $75.00 (1 Bid) End Date: Friday Sep-03-2010 5:29:04 PDT Bid now | Add to watch list |
1883 Morgan Silver Dollar - PCGS MS-64
 | US $65.00 (0 Bid) End Date: Friday Sep-03-2010 5:29:58 PDT Buy It Now for only: US $72.00 Bid now | Buy it now | Add to watch list |
1879-P MORGAN SILVER DOLLAR ANACS VAM 30 DOUBLED 879
 | US $35.01 (0 Bid) End Date: Friday Sep-03-2010 5:30:45 PDT Bid now | Add to watch list |
1891 MORGAN SILVER DOLLAR SUPER ★★★++ BU ++ MS ++ GEM
 | US $150.00 (0 Bid) End Date: Friday Sep-03-2010 5:32:16 PDT Buy It Now for only: US $3,500.00 Bid now | Buy it now | Add to watch list |
1894-S MORGAN SILVER DOLLAR ORIGINAL UNCIRCULATED+
 | US $395.00 (0 Bid) End Date: Friday Sep-03-2010 5:34:07 PDT Buy It Now for only: US $595.00 Bid now | Buy it now | Add to watch list |
1890-CC Vam Tail Bar Morgan Silver dollar
 | US $599.00 End Date: Friday Sep-03-2010 5:34:13 PDT Buy It Now for only: US $599.00 Buy it now | Add to watch list |
1888-S Morgan Silver Dollar - XF
 | US $169.00 (0 Bid) End Date: Friday Sep-03-2010 5:34:56 PDT Buy It Now for only: US $186.00 Bid now | Buy it now | Add to watch list |
1895-O MORGAN SILVER DOLLAR ORIGINAL FINE+
 | US $249.99 (0 Bid) End Date: Friday Sep-03-2010 5:37:06 PDT Buy It Now for only: US $295.00 Bid now | Buy it now | Add to watch list |
1888-O Morgan Silver Dollar - PCGS MS-64
 | US $65.00 (1 Bid) End Date: Friday Sep-03-2010 5:38:14 PDT Bid now | Add to watch list |
1900-O $1 Silver Morgan Dollar BU Nice Smooth Surfaces
 | US $74.95 End Date: Friday Sep-03-2010 5:38:18 PDT Buy It Now for only: US $74.95 Buy it now | Add to watch list |
1894 O Morgan Dollar Nice Choice AU 1894O
 | US $319.99 End Date: Friday Sep-03-2010 5:40:06 PDT Buy It Now for only: US $319.99 Buy it now | Add to watch list |
1895-S MORGAN SILVER DOLLAR ORIGINAL FINE
 | US $349.99 (0 Bid) End Date: Friday Sep-03-2010 5:40:08 PDT Buy It Now for only: US $449.99 Bid now | Buy it now | Add to watch list |
1882-S Morgan Silver Dollar Choice BU #7959
 | US $49.95 End Date: Friday Sep-03-2010 5:42:46 PDT Buy It Now for only: US $49.95 Buy it now | Add to watch list |
1886 Morgan Silver Dollar Choice BU #7958
 | US $44.95 End Date: Friday Sep-03-2010 5:42:54 PDT Buy It Now for only: US $44.95 Buy it now | Add to watch list |
1897-O MORGAN SILVER DOLLAR LUSTROUS GEM AU/UNC
 | US $29.99 (1 Bid) End Date: Friday Sep-03-2010 5:43:08 PDT Bid now | Add to watch list |
1896 Morgan Silver Dollar - Very Fine
 | US $59.00 (0 Bid) End Date: Friday Sep-03-2010 5:43:31 PDT Buy It Now for only: US $65.00 Bid now | Buy it now | Add to watch list |
1896 Morgan Silver Dollar Choice BU #7957
 | US $44.95 End Date: Friday Sep-03-2010 5:43:31 PDT Buy It Now for only: US $44.95 Buy it now | Add to watch list |
1898 Morgan Silver Dollar Choice BU #7956
 | US $49.95 End Date: Friday Sep-03-2010 5:43:40 PDT Buy It Now for only: US $49.95 Buy it now | Add to watch list |
1902 Morgan Silver Dollar BU #7960
 | US $44.95 End Date: Friday Sep-03-2010 5:43:49 PDT Buy It Now for only: US $44.95 Buy it now | Add to watch list |
1892 P Morgan Silver Dollar Toned MS65 Gem!!!!!
 | US $5,995.00 End Date: Friday Sep-03-2010 5:43:59 PDT Buy It Now for only: US $5,995.00 Buy it now | Add to watch list |
PREMIUM QUALITY 1889 Morgan Dollar: L@@K @ SCANS !!
 | US $30.50 (13 Bids) End Date: Friday Sep-03-2010 5:44:36 PDT Bid now | Add to watch list |
1894-O Morgan Silver Dollar, Genuine Better Date Morgan
 | US $35.99 (0 Bid) End Date: Friday Sep-03-2010 5:44:37 PDT Bid now | Add to watch list |
1893 MORGAN SILVER DOLLAR SUPER +++ BU +++ MS +++ GEM
 | US $799.00 (0 Bid) End Date: Friday Sep-03-2010 5:45:39 PDT Buy It Now for only: US $6,500.00 Bid now | Buy it now | Add to watch list |
AU 1896 Morgan Silver Dollar, Genuine Old West Morgan
 | US $22.99 (0 Bid) End Date: Friday Sep-03-2010 5:45:45 PDT Bid now | Add to watch list |
COIN SCALE Weigh Gold Silver Morgan Dollar Tool Device
 | US $19.99 (0 Bid) End Date: Friday Sep-03-2010 5:45:49 PDT Bid now | Add to watch list |
BU 1896 Morgan Silver Dollar, Blast White Uncirculated
 | US $35.99 (1 Bid) End Date: Friday Sep-03-2010 5:46:51 PDT Bid now | Add to watch list |
1902-S Morgan Silver Dollar - Circulated
 | US $65.00 (0 Bid) End Date: Friday Sep-03-2010 5:47:42 PDT Buy It Now for only: US $73.00 Bid now | Buy it now | Add to watch list |
1896-O Morgan Silver Dollar, Genuine Old West Morgan
 | US $24.99 (0 Bid) End Date: Friday Sep-03-2010 5:48:16 PDT Bid now | Add to watch list |
EF 1897 Morgan Silver Dollar, Genuine Old West Morgan
 | US $24.99 (0 Bid) End Date: Friday Sep-03-2010 5:49:44 PDT Bid now | Add to watch list |
1897-O Morgan Silver Dollar, Genuine Old West Morgan
 | US $24.99 (0 Bid) End Date: Friday Sep-03-2010 5:51:13 PDT Bid now | Add to watch list |
1897-S Morgan Silver Dollar, Genuine Old West Morgan
 | US $22.99 (0 Bid) End Date: Friday Sep-03-2010 5:52:00 PDT Bid now | Add to watch list |
EF 1898 Morgan Silver Dollar, Genuine Old West Morgan
 | US $24.99 (0 Bid) End Date: Friday Sep-03-2010 5:53:15 PDT Bid now | Add to watch list |
1900-O $1 Silver Morgan Dollar Gem BU Near Perfect
 | US $114.95 End Date: Friday Sep-03-2010 5:53:23 PDT Buy It Now for only: US $114.95 Buy it now | Add to watch list |
1898-S Morgan Silver Dollar, Genuine Old West Morgan
 | US $22.99 (0 Bid) End Date: Friday Sep-03-2010 5:54:07 PDT Bid now | Add to watch list |
EF+ 1899-O Morgan Silver Dollar, Genuine Old US Dollar
 | US $24.99 (0 Bid) End Date: Friday Sep-03-2010 5:56:09 PDT Bid now | Add to watch list |
AU 1900 Morgan Silver Dollar, Genuine Old West Morgan
 | US $22.99 (1 Bid) End Date: Friday Sep-03-2010 5:56:35 PDT Bid now | Add to watch list |
1900-O Morgan Silver Dollar, Genuine Old West Morgan
 | US $22.99 (0 Bid) End Date: Friday Sep-03-2010 5:57:08 PDT 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.