Last updated on April 15th, 2020 at 05:59 am
Last Updated on April 15, 2020 Posted by Colonial Acres Coins
Coin collecting covers a very broad range of coins. Since there are various types of coins out there, collectors choose to specialize on a specific set. Because of this specialization in coin collecting, coin collectors differ from one another and develop habits when it comes to collecting that are unique to those of other collectors.
Are you a coin collector? If so, do you know which category you belong to? Here are the kinds of coin collectors to help you discover which group of peers you fall into.
- Type Collectors
These collectors are those who collect all kinds of coins within a time period. All coins, no matter the value, the composition metal, or commemorative purposes, will be collected by these types as long as they fall into certain years of mintage or release. If the collector decides that his collection covers from 1990 – 2000, then all coins minted in that time period are to be in his collection, no matter what kind of coins they are.
- Modern Coin Collectors
Modern coin collectors generally mean the latest range of coins from specific categories. If you are into commemorative coins, then to be a modern collector simply means you are after the commemorative coins made after 1982, which is the year non-circulating coins were made after 1954. Most modern collectors however, are keen on collecting all coins after 1900s. By the next centuries, what comprises modern coins today will be obsolete and no longer considered modern.
- Rare Coin Collectors
All coins that are hard to find are targets of these collectors. Elusive coins are very hard to come by, therefore requiring extreme luck or a lot of money to buy them from auctions.
- Novelty Coin Collectors
Coins that were minted and released but are later modified by companies and private individuals are what interest this type of collectors. The modified coins have altered appearances to serve different purposes for those who modified them. This is either to commemorate, or to create exclusivity to those who have them.
- Bullion Coin Collectors
Bullion is all about investment and finance. Bullion coin collectors are interested in pure gold or silver coins to convert their money into more reliable forms of investment. Seeing how gold and silver coin values have come to a steady rise for years, bankers and investors choose to collect bullion coins.
- Topical Coin Collector
These coin collectors are more graphical than others and are attracted to the imagery and design of the coins. Topical coin collectors collect based on how they perceive the coin’s appearance.
- Error Coin Collector
Error coin collectors take interest on coins that were minted and released because of defects or errors. For this type of collectors, errors make a coin unique from the rest. Many error coins in history have been considered rare coins and have skyrocketed coin values.
No matter what kind of coin collector you are, we all share the same interest. Coin collecting is what binds all these people together. Colonial Acres Coins empowers this, and helps nurture the growth of the coin collectors that seek their help and assistance. Whatever kind of coin collector you are, Colonial Acres Coins has the right coins just for you.