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Replies: 18 / Views: 2,148 |
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Valued Member
United States
253 Posts |
When I came off the boat this year and started rummaging through the old coin box it has come to me that i"just might" have too many Mercury dimes in duplicate and in some cases quadruplicate. doth that make me a miserly hoarder  Anybody want to trade  Jeff
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Pillar of the Community
United States
7123 Posts |
Coggie
If your looking for a trade I will move this thread for you to the trade forum ,, otherwise the answer to the Hoarder question is maybe !
are there dozens ? hundreds? or thousands ? hundreds of thousands ?
Metalman
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Pillar of the Community
United States
1031 Posts |
I would call a hoard a supply for future use which you defined correctly. 2 or 4 coins isn't a big hoard but it'll help you out in future collecting.
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Moderator
 United States
6563 Posts |
I'd define a Hoard is a collection that is unorganized with no purpose then to just exist. I have thousands of foreign coins...but they are for the most part organized. I have a "hoard" of silver in the sell section if someone wants it 
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Pillar of the Community
United States
1031 Posts |
The dictionary calls a hoard:
Pronunciation Key - Show Spelled Pronunciation[hawrd, hohrd] -noun 1. a supply or accumulation that is hidden or carefully guarded for preservation, future use, etc.: a vast hoard of silver.
-verb (used with object) 2. to accumulate for preservation, future use, etc., in a hidden or carefully guarded place: to hoard food during a shortage.
-verb (used without object) 3. to accumulate money, food, or the like, in a hidden or carefully guarded place for preservation, future use, etc.
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Rest in Peace
United States
3730 Posts |
I have an estimated 50,000 Lincoln cents. I'd call that a hoard.
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Pillar of the Community
 United States
5953 Posts |
Anything you keep with the intention of using it at a later date and not at the present is a hoard.
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Pillar of the Community
United States
834 Posts |
A hoard is more then you will ever need or use and that could be only 10 coins as for me I hoard Jefferson nickels and have for years nothing like having a few thousand nickels to look at.  Bruce.
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Pillar of the Community
United States
750 Posts |
2 - 5 gallon buckets of Buffalos, is that a hoard?
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Pillar of the Community
 United States
5953 Posts |
Hey Bruce I have the ones you missed :-)
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Valued Member
 United States
253 Posts |
Well I guess from the responses that having 10 or 11 rolls of average circ. may or may not constitute a hoard . I suppose it depends on perspective. when I get a better inventory I'll post on the trade forum. Thanks for the response Jeff
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Bedrock of the Community
United States
20753 Posts |
My thoughts are there are no such thing as a hoard when it comes to coins or any hobby. There may be a little to many of some things pending another person in the household's opinion. But some items are required to be accumulated in as many types, sizes, colors, etc as possible since if it is a hobby, there are no rules, laws or regulations. Example is I have well over 3,000 Mercury dimes and I feel each one is important therefore, could never be considered a hoard. Hoarding is accumulations of items not really needed but coins are coins and all are needed so you can never hoard coins. Now if you collected 7 ton boulders and had thousands of them, I'd say that is a hoard. But even then if they are part of a hobby, then there are never to many.......
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Pillar of the Community
United States
834 Posts |
Richard. I know you do we will talk soon my friend.
Bruce.
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Pillar of the Community
United States
668 Posts |
50,000 lincoln cents?!   Just random dates? common ones?
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Moderator
 Australia
16816 Posts |
It's not so much the coins themselves that constitute a "hoard", but the person who acquires them. Here are the four basic classes of "coin acquirers", as I see them. In the real world, of course, most of us are made up of a mish-mash of all four types, but normally one will predominate.
An Investor is someone who acquires a portfolio of coins with the express aim of holding it as an asset, and selling it later. For an investor, profit is the number one priority. Apart from purchase price and current market value, investors know almost nothing about the items in their portfolio. Investors don't get "attached" to their coins, and would sell the lot and put the money into beanie babies or dot-com shares without batting an eyelid, if they thought that would earn them more profit.
A Hoarder is someone who acquires their accumulation in a haphazard way, with little or no thought to organizing, cataloguing or sorting their items; they simply keep anything of interest that comes their way. To a hoarder, ownership is the number one priority. A hoarder neither knows nor cares what they actually have, only that it's theirs. A hoarder will part with coins only in dire circumstances.
A Collector is someone who attempts to methodically build their collection. To a collector, goals are the number one priority; usually the goal is completing a "set" (however that is defined). Collectors are perpetually re-organizing and re-cataloguing their collection, and they can often tell you exactly how many coins they have. Basic facts and statistics for their coins will be known (years issued, mintmarks, mintage figures, purchase price, catalogue values) but in-depth knowledge of the history, background and trivia associated with the particular coin will be of secondary consideration, although knowledge regarding the goal will be keenly sought. You should be able to point to just about any coin in their collection and they can tell you when, where and how that coin came to be in their possession. Coins not required to complete the "set" are not sought after, and if the collector's goals change, they have few qualms about selling off those coins which are "no longer needed".
A Numismatist is someone who is interested in studying and finding out all there is to know about their coins. For a numismatist, knowledge is the number one priority; the coins themselves are secondary, to the extent that a numismatist may not feel the need to actually own any coins at all. A numismatist will often have a very narrow field of specialization, and show little or no interest in coins outside that field.
Myself? I'm a mix. I'm mainly Numismatist, in that the knowledge, history and trivia behind my coins fascinates me. I'm part Collector, in that I'm perpetually re-organizing and cataloguing, and right now I have 7,526 coins. I'm a little bit Hoarder, in that once a coin enters my collection, it never leaves (unless I acquire an upgrade). The only mindset that is completely alien to me is "Investor".
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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Valued Member
United States
393 Posts |
On the top end of the scale I'd say the U.S.Mint is the all time biggest hoarder. Wonder how many zillions of S.B.A.'s, Sackie's, and Presidential's their going to have stashed because of the hard-headed refusal to eliminate the $ bill? Just a thought.
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Replies: 18 / Views: 2,148 |