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

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Bizybackson's Avatar
United States
1817 Posts
 Posted 02/11/2012  9:48 pm  Show Profile   Bookmark this reply Add Bizybackson to your friends list Get a Link to this Reply
Way less than .01%, more like .00001% collect coins as a serious pursuit. The real question is not what percent of the world's population collect coins, but how great a percentage of the world's population do not deal with coins or money everyday due to poverty? Probably in the region of 60%-70% of the worlds people are extremely poor.
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Sap's Avatar
Australia
16845 Posts
 Posted 02/12/2012  04:24 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
No offence, Bizy, but 0.00001% of the world's population is only 700 people. There's more coin collectors than that, just here on the forum.

Quote:
The real question is not what percent of the world's population collect coins, but how great a percentage of the world's population do not deal with coins or money everyday due to poverty? Probably in the region of 60%-70% of the worlds people are extremely poor.

Can't argue that. Especially if you include the "working poor" who have access to some money, but not enough to afford to put some of it aside as a collection.
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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Gothic Florin's Avatar
United States
2541 Posts
 Posted 02/12/2012  12:05 pm  Show Profile   Bookmark this reply Add Gothic Florin to your friends list Get a Link to this Reply
Well under 1%, but I'm going to try to convert as many as I possibly can
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United States
20753 Posts
 Posted 02/12/2012  11:28 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:
No offence, Bizy, but 0.00001% of the world's population is only 700 people. There's more coin collectors than that, just here on the forum.

Sure wish sometimes there were only 700 collectors. I was at a coin show today and had to leave due to how crowded it was. And I'd be willing to bet anyone that there were at least that many at this show and that was a half hour before they were supposed to open. Can't get any good deals when the place is overcrowded. Close to 100 dealers alone.
I don't think anyone knows how many people collect coins and mostly similar reasons like how many collect guns, knives, swords, rare paintings or anything of value.
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MichioKaku's Avatar
United States
374 Posts
 Posted 12/07/2015  8:22 pm  Show Profile   Bookmark this reply Add MichioKaku to your friends list Get a Link to this Reply
A tenth of a tenth of a percent...I'd say
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Coinfrog's Avatar
United States
94367 Posts
 Posted 12/07/2015  8:29 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
The fewer the better.

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sel_69l's Avatar
Australia
21788 Posts
 Posted 12/07/2015  9:22 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
There are 36,000 odd people who have taken the effort to register in the CCF. Most of them are U.S. members.
There are 320 million people in the U.S.

That works out that roughly 0.01% of the U.S. population are registered with the CCF.

I would guess that something like 0.001% of the World's population would have a nominal interest in coin collecting.
On that basis, I would give a guesstimate that something like 70,000 people in the World have at least a passing interest in collecting coins.
Edited by sel_69l
12/07/2015 9:28 pm
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Coinfusion's Avatar
United States
500 Posts
 Posted 12/07/2015  9:34 pm  Show Profile   Bookmark this reply Add Coinfusion to your friends list Get a Link to this Reply
I always wanted to be a "1%"er Altho yes, I think it is much less than that but I am glad I am part of it!
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Misterpostman's Avatar
Australia
208 Posts
 Posted 12/07/2015  10:35 pm  Show Profile   Bookmark this reply Add Misterpostman to your friends list Get a Link to this Reply
It depends how you define "coin collector" My estimates:
Anyone who has set aside an interesting coin found in circulation, or received one as a gift - 25%
Anyone who has either bought a collectible coin, or regularly searched their change - 7%
Anyone who has either been to a coin show, or owned a Whitman style coin folder - 1.5%
Anyone who has accumulated 50+ coins, they never intend to spend, cash in, or give away - 1%
Anyone who frequents sites like coin community - .05%
Edited by Misterpostman
12/07/2015 10:59 pm
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Parklane64's Avatar
United States
2668 Posts
 Posted 12/07/2015  11:27 pm  Show Profile   Bookmark this reply Add Parklane64 to your friends list Get a Link to this Reply
I think the number is higher. Coin collecting as a holder of value or for the pleasure of satisfying our instinctual desire to hunt? The hunting drive is our reason for collecting. Anything.

The people in India collect gold, it is a cultural tradition; but it also satisfies the urge. We collect from passion, for historical connections, for social acceptance, for that itch to accurately identify and complete the fo'shizzle.

Everyone in the world collects. Just coins, maybe not a large percentage. I ASSUME it would be 2 - 5% and then you can toss in the commodities collectors and I see, maybe, double digits.

Just the coins incorporated into jewelry in India, China, and the muddle east probably outweigh the coins collected by 'coin collectors' in America and Europe.

So, who are the coin collectors?

I think we should be referring to coin and currency aficionado's; then yes maybe 1%.

Now, about stamp collecting......
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sel_69l's Avatar
Australia
21788 Posts
 Posted 12/08/2015  01:27 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Inevitably, this sort of discussion will ultimately depend on what the poster defines as a 'coin collector' or a 'numistmatist'.
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Sap's Avatar
Australia
16845 Posts
 Posted 12/08/2015  05:38 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
Whoah... thread necro from 2012.
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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JenDHil55's Avatar
United States
7 Posts
 Posted 12/08/2015  11:21 am  Show Profile   Bookmark this reply Add JenDHil55 to your friends list Get a Link to this Reply

Quote:
It depends how you define "coin collector" My estimates:
Anyone who has set aside an interesting coin found in circulation, or received one as a gift - 25%
Anyone who has either bought a collectible coin, or regularly searched their change - 7%
Anyone who has either been to a coin show, or owned a Whitman style coin folder - 1.5%
Anyone who has accumulated 50+ coins, they never intend to spend, cash in, or give away - 1%
Anyone who frequents sites like coin community - .05%
*** Edited by Staff to add quote tags. Please use them in the future. Posts are very difficult to read without them.***


Going with the above criteria I would say that it is 2-3%
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moxking's Avatar
United States
17900 Posts
 Posted 12/08/2015  11:57 am  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
I live in a small town of 2500. You have to go 50 miles before you hit a town over 20,000. In other words, pretty rural.

Two auctions houses near us (one 8 blocks from my home) has coins and coin collections for sale on a pretty regular basis.

It is rare to have less than 30-40 coin collectors show up for every one of those auctions that does include coins.

If even a couple of "more valuable" coins are included, such as a $5 gold common date common grade or a Bust anything, then that number can increase to 50+ potential bidders.

Since there is so much less person to person contact than there was 20 years ago, I enjoy those auctions for the human contact as much as I do for the potential to buy something.

When I was working on the 3rd book in a series on tokens I read a good deal concerning the number of people who counted themselves as collectors, regardless of how that was defined, and for coin collectors only it was very near the 10% mark for males. Less than 2% for females.

I'm too lazy to dig all of that out (especially since my reference boxes are stacked in the attic), but I'm pretty sure that was how many people SAID they collected coins. Those results were the results of university study for a doctorate degree, so I'm sure they were pretty reliable.

Of course, I'm guessing a high percentage of people would say they like broccoli, too, just to be "politically foody".

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jbuck's Avatar
United States
189213 Posts
 Posted 12/08/2015  12:00 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Whoah... thread necro from 2012.


I think the estimates are high. You cannot paint the entire world with a first world brush.
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