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What % Of The World's Population Do You Think Collect Coins?

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glenzy1's Avatar
Canada
1554 Posts
 Posted 02/10/2012  11:23 am Show Profile   Bookmark this topic Add glenzy1 to your friends list Get a Link to this Message Number of Subscribers
The world population has now reached 7+ billion people.

50% are female
50% are male

26% are children
74% are adults,
8% would be 65 and older

There are:
60% Asians
15% Africans
14% people from the Americas
11% Europeans

33% are Christians
22% are Muslims
14% are Hindus
7% are Buddhists
12% of people practice other religions
12% of people are atheists

12% speak Chinese
5% speak Spanish
5% speak English
3% speak Arabic
3% speak Hindi
3% speak Bengali
3% speak Portuguese
2% speak Russian
2% speak Japanese
62% speak other languages

83% are able to read and write; 17% can not

7% have a college degree
22% own or share a computer

77% of people have a place to shelter them
from the wind and the rain, but 23% do not

1% dying of starvation
15% are undernourished
21% are overweight

87% of people have access to safe drinking water
13% of people have no clean, safe water to drink

Now, with all that in mind, I wonder what the percentage (%) of the World's Population collects coins? Any guestimates?

Glenn






Edited by glenzy1
02/10/2012 11:25 am
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wquinn's Avatar
United States
2295 Posts
 Posted 02/10/2012  12:52 pm  Show Profile   Bookmark this reply Add wquinn to your friends list Get a Link to this Reply
I don't think those stats are correct, since I think more than 5% of the world speak English. 5% is just 350 million.

And depending on what site you go to, it varies on total world population. Most I saw were just under 7 billion.

Where did you get all of these stats from?

But I think it is less than 1% of the world's population that collect coins as a hobby. Many collect it to just save for another day or because they don't like to spend coins.
Edited by wquinn
02/10/2012 12:52 pm
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Conder101's Avatar
United States
17884 Posts
 Posted 02/10/2012  1:10 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Less than 1%. Here in the US it is about 1% or a little less and considering we are still one of the most affluent countries you would expect that an even lesser percentage would collect in other countries.
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United States
20753 Posts
 Posted 02/10/2012  2:39 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:
I don't think those stats are correct, since I think more than 5% of the world speak English. 5% is just 350 million.

I agree with you there. Don't know where such statistics come from but I'm sure many are just made up. As noted there are way more than 350 million people in the world that speak English. And it is well known that 50% are no where near the male population. Women are way more in population and this is due to wars and women live longer than men anyway. 5% speak Spanish? Yeah, right. Probably more than that right here in the USA.
Glen: Why not give your sources for all that.
And to your question itself. Really impossible to tell. So many people don't even have emough money to collect anything. People on SS here for example.
I've always thought a large amount of the population of any country where people are not poor, collect coins. However, that is usually mostly kids so many don't consider them coin collectors since most loose interest as they grow up.
I really would like to know the source of those statistics.
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ljenkins990's Avatar
United States
406 Posts
 Posted 02/10/2012  4:29 pm  Show Profile   Bookmark this reply Add ljenkins990 to your friends list Get a Link to this Reply
I suspect that way less than 87% of the world's population have access to safe and clean drinking water.

I imagine the total percentage of the world's population that collects coins is extremely small, less than 1 percent. Too many people in the world have to use every bit of money they possess just to stay alive.
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ZiggyZ's Avatar
United States
162 Posts
 Posted 02/10/2012  5:02 pm  Show Profile   Bookmark this reply Add ZiggyZ to your friends list Get a Link to this Reply
It's gotta be less than .01%

And these are not just made up stats. I believe the drinking water stat is a UN figure (might be a different NGO though). The language stats refer to first-language speakers, which is the stat you see the most, because non-native speakers are tough to quantify. Yes, more people speak some English than speak some Chinese, but probably more people are fluent in Chinese.

I'm not sure of the exact numbers, but there are definitely not way more women than men. While more males die in wars, more males are naturally born than females, and this is compounded by sex-selective abortion and infanticide in societies that heavily prefer a male heir.

Anyway that's a pretty off-topic. I'd imagine the percent of collectors to be very low because it seems mostly a western hobby. Is there much of a coin collecting community in say India or China? I'm not aware of one.
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Tim Stroud's Avatar
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 Posted 02/10/2012  6:43 pm  Show Profile   Bookmark this reply Add Tim Stroud to your friends list Get a Link to this Reply
With a sizable portion of the worlds population living in underdeveloped countries or are economically depressed/oppressed, I would have to suggest a percentile of less than .05% are real coin collectors.
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biggfredd's Avatar
United States
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 Posted 02/10/2012  7:59 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
Coin collectors, as opposed to people who hold on to the occasional unusual coin or chose coins as an investment medium, prolly are less than 1% in the US, and 0.25% worldwide.
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Sap's Avatar
Australia
16809 Posts
 Posted 02/10/2012  8:31 pm  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
Another question to consider is, what exactly does it take to be a "coin collector", for statistical purposes? If someone tosses any strange or unusual coin they encounter into a jar, does that make them a collector? If so, then the percentage is likely to be somewhere around 20%, because practically everyone rich enough to regularly handle coinage does this.

If, however, you need to show some kind of organization or commitment, to be prepared to stand up and say "I am a coin collector" (even if you only do it when no-one is listening, for security reasons) then the answer is indeed less than 1 percent.

The proportion of coin collectors is much higher in the US than it is in other countries. The reason is partly economic, partly cultural. Many other countries, even prosperous ones, simply don't have a culture of coin collection at all. Look at Africa, for example. Even in the wealtheir countries such as South Africa and Egypt, coin collecting is virtually non-existent. Middle East oil wealth "should" be driving increasing collector demand for Arabic and Islamic coins, but it's not; the coin collector culture just isn't there.

Then there's mainland China, the biggest mystery of all. China has long had a tradition of coin collecting - the oldest known coin catalogues are Chinese - and if they'd been left alone, there would be far more coin collectors in China today than there are in the US. But with all the wars and revolutions there over the past century, and especially with the Communist takeover and Cultural Revolution, coin collecting was driven underground. They're finally starting to come out of the closet again, but who can tell how many coin collectors there are, under such circumstances?

Still, the high percentage in America skews the world average. Even if no-one else in the world collected coins, that 1% of the US population that are coin collectors make up 0.04% of the worldwide population. If I had to guess a worldwide total figure, I'd say somewhere around 0.1%. Or 7,000,000 people.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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MartiVltori's Avatar
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870 Posts
 Posted 02/10/2012  8:40 pm  Show Profile   Bookmark this reply Add MartiVltori to your friends list Get a Link to this Reply
I would also guess less than 1%.
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sel_69l's Avatar
Australia
21786 Posts
 Posted 02/10/2012  9:26 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
My guess is that perhaps 500 million people speak English as a first language.
I would also guess that somewhere between 30% and 50% of people in the World who have completed elementary education can speak English, at least as a second language.

It is my experience of travelling in India that almost everyone can speak English, as a second language. That includes 5 year olds, without any education at all. English is the only commonly spoken language that covers almost all of India. Numismatics is alive and well in India, amongst the better educated. I have a couple of very scholarly books on ancient and medieval Indian numismatics.

It is my experience that at least 50% of Europeans can speak English as a second language. Numismatics is alive and well in Europe also.

I think it is fair to assume that a greater proportion of Americans collect coins than in any other Country.

The Chinese have taken a great interest in the rare coins of every country.
Bedrock of the Community
United States
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 Posted 02/10/2012  10:57 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:
I suspect that way less than 87% of the world's population have access to safe and clean drinking water.

I suspect they are talking about our city water. You know the stuff that is supposed to be Chlorinated. By me most think that is the unsafe and not so clean drinking water.

Quote:
My guess is that perhaps 500 million people speak English as a first language.
I would also guess that somewhere between 30% and 50% of people in the World who have completed elementary education can speak English, at least as a second language.

So true. When my Son was about to go the you of Krakow, he studdied as much as possible how to speak Polish. When his class got to Belgium as the landing location, he found that everywhere they went, English was spoken and/or understood. In Germany he found the most English speaking people of all. Poland the place he went to college, the least in English.
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svslav's Avatar
United States
2605 Posts
 Posted 02/10/2012  11:19 pm  Show Profile   Bookmark this reply Add svslav to your friends list Get a Link to this Reply

Quote:
The Chinese have taken a great interest in the rare coins of every country.


An unfortunate fact.
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poboxw's Avatar
Canada
1502 Posts
 Posted 02/10/2012  11:23 pm  Show Profile   Bookmark this reply Add poboxw to your friends list Get a Link to this Reply
Coin collecting is the second largest hobby, after gardening, in the USA

Population of USA is ~500 million, ~50 million in the UK, ~30 in Canada, ~20 in Australia. ~2/3rd of USA are Caucasians, the rest made up of mainly Hispanic, Latino, African-American. If assuming UK, CAN, AUS are similar, and that only USA Caucasians' first language is English, then ~400 million native English speakers in the world sounds about right. Chinese population is 1.3 billion, 4+ times 400 million, so if 12% of the world's population speaks Chinese, 5% (or less) for English don't sound that far fetched.

A lot of Asians collect coins, just not American coins. There are older civilizations the Chinese are interested in :P
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poboxw's Avatar
Canada
1502 Posts
 Posted 02/10/2012  11:28 pm  Show Profile   Bookmark this reply Add poboxw to your friends list Get a Link to this Reply

Quote:
An unfortunate fact.

Taking a stab at the fakes coming out of China I assume.
The way I see it, the Chinese will stop producing copies when world stops profiting off of cheap Chinese labor and factories. And, when the majority of the Chinese are well off enough to not have to rely of producing fakes, be sure that some other country with a struggling population will pick up their share of shady work.
Not defending the practice. Just think it's a fact of life.
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svslav's Avatar
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2605 Posts
 Posted 02/11/2012  02:27 am  Show Profile   Bookmark this reply Add svslav to your friends list Get a Link to this Reply
Shady work (of any type) does not have to be inherent to a particular country. In any society, whether local or global, with unresolved social issues there will be well off individuals and not so well off ones. And there will be people who use their talents to extract some of the wealth for themselves. I don't see it being fixed anytime soon. At the moment China has the resources and "talents", it could shift or spread at any time. So, it is a fact of life. An unfortunate one.
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