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 Replies: 26 / Views: 4,614 |
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Pillar of the Community
 Canada
849 Posts |
47P7 - you make some interesting comments. I was not too concerned about anonymity as I was not asking anyone what group they were in. If I did, this forum would not be a fair place to ask - private or not as it appeals mostly to people NOT in group one and would give the impression that 90% of Canadians seriously collect coins. They don't. I was simply asking what readers thought the make-up of Canadian collectors might look like.
I know people from other countries collect Canadian coins but I think we have enough trouble describing collectors in our own country, never mind collectors from far away places.
A poll would be interesting and if someone wants to start a new thread and do that I would not be offended. Polls can be good but I was more interested in the comments about why readers picked the percents they did as much as the numbers themselves.
Edited by punman
11/23/2014 11:22 pm
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Pillar of the Community
United States
4233 Posts |
As a non-Canadian I'm not allowed to comment, but I will anyway. :) I think you're missing a fourth group. People who have a collection but don't collect. Call them the "inheritors". Grandpa maybe was only a type one, or perhaps a knowledgeable type one, and/or someone in a fortunate position with access to circulation. Passes off the coins to the grandkids many decades later, and many decades after that, there they sit, in a box under the stairs. I guess maybe I'm blurring the subject matter, from "who are the collectors" into "where are all the coins". From personal experience I would say that there are a large number of people with coins who aren't actually collectors, who probably have fairly valuable coins they don't even know about, and who not only haven't looked at their coins for 30-40 years, they may not even know precisely where they are. Yes, cousins, I'm talking about you. I'm guessing this group is the most profitable for the coin industry. Eventually.
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Pillar of the Community
Canada
849 Posts |
Thanks kbbpll. You make a good point and I thought a little of that when forming my question. There may be people with collections like those in group three that met all requirements for group three by what they own but they never spent $100 on a coin - but they may be holding several coins well over that value. I would think that after time they would either become interested collectors, pass them on, or sell them.
I had a ten year period where I never looked at my coins once and at that point I was probably a group two collector - so even collectors can become just "holders" and then revert back to avid collectors.
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Valued Member
Canada
491 Posts |
I know only about 40 Lrg Cent variety collector across Canada were a small group, any of you small cents collectors come to the Lrg side
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New Member
Canada
48 Posts |
i think that group 1 is very high because yes I'm young only a high school student... when people buy something from a vending machine, half the time the put any "cool" looking quarters they put in another pocket if they can afford it. but when you reach group 2 and 3 there is probably only 1% shared with them both. I probably am a class 2 but if I had the money I would be class 4! buying anything and everything!
this is a very interesting thread... I sometimes see people with a coloured quarter on kijiji for $5 saying its "rare". many just notice it and keep it to sell later.
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Pillar of the Community
Canada
1005 Posts |
Almost everyone I know very well has saved a coin from change or was given something by an elder as a gift or whatever.
Kept for whatever reason as special.
Collecting coins from change to give to someone else who collects even makes that person a collector too.
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Pillar of the Community
Canada
532 Posts |
Id be a three if I would allow myself to be categorized. Perhaps one of my sons will catch the bug when they have no choice and inherit my collection. Otherwise someone will have to have deep pockets and time to sort a truckload.
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Pillar of the Community
Canada
1505 Posts |
Fixguy, I would love to Help you sort...If you allow me to pick
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Moderator
 Canada
10463 Posts |
Quote:
...and my low ball Canada Silver Dollar set. OK... I don't want to hijack this thread, but Pacificoin, you should start a new thread and show us some photos of these coins... I love seeing lowball dollar collections!! "Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Moderator
Canada
10463 Posts |
Punman, interesting thread. I think your numbers for a Canadian collector base, are too high. The attendance at coin shows and club clubs probably reflects a much smaller collector base. A few comments: By your criteria, you would have to remove Canadian collectors who collect, ancient and world coins (sometimes, that is up to 50% of the collectors who visit my table at a bigger coin show in Toronto or Montreal). What about Canadian NCLT collectors? Many of the RCM products exceed $100 in price, but that is a whole different coin market. The majority of collectors I know, who would be "type 3" collectors, are what I call "reclusive" and "closet collectors". They don't participate on coin forums and rarely even visit coin clubs. A poll here would show biased results in that category. $100 is not a lot of money anymore (anyone who puts gas into a larger SUV knows this). I would wonder if a better threshold would be a > $500 ceiling? I see a lot of buyers spending $100 to $300 on ICCS coins at Canadian coin show or auctions, but I see much fewer spending $500 or more coins... "Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Pillar of the Community
Canada
1751 Posts |
Yes yes I would enjoy a thread of low ball coins people collect. Please do start one. I've seen one started in classic US commens and it was fantastic!! I didn't know any Canadians were into the pursuit with Canadian coins!
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Replies: 26 / Views: 4,614 |
First Page
Posted 11/24/2014 12:05 am
