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Why Do You Collect Coins?

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coinzip's Avatar
United States
104 Posts
 Posted 12/24/2008  02:14 am Show Profile   Bookmark this topic Add coinzip to your friends list Get a Link to this Message Number of Subscribers
I've often wondered why I collect coins & currency....

The best reason I can come up with is, no matter how much you learn there is still more. Its like a never ending quest for knowledge.


So why do you collect coins?
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littleboy's Avatar
United States
764 Posts
 Posted 12/24/2008  02:19 am  Show Profile   Bookmark this reply Add littleboy to your friends list Get a Link to this Reply
ive been asked that question many many times and never really had a good answer.
so my answer is....i have no clue. ive been doing it since I was 4
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Sap's Avatar
Australia
16809 Posts
 Posted 12/24/2008  03:25 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
Because they're there.

Coins are a touchstone to history. They're one of the few ancient inventions that are still used today in much the same manner that they were used in ancient times. If you were to go back in time a couple thousand years, kidnap someone at random and bring them forward to our time, they'd be confused and bewildered by just about everything else they saw around them, but they'd instantly recognise a coin for what it was, and they'd have a pretty good idea as to how to use them.

Coins are plentiful enough that you can buy as many as you can afford, yet they are still very distinctive and characteristic of the time and place that issued them. Each coin also has it's own unique history and provenance.
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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DL20K's Avatar
Poland
3201 Posts
 Posted 12/24/2008  04:49 am  Show Profile   Bookmark this reply Add DL20K to your friends list Get a Link to this Reply
Good question. I got used to it? I tried to stop, and it came back. Maybe I should call it an addiction?
Valued Member
United States
164 Posts
 Posted 12/24/2008  05:59 am  Show Profile   Bookmark this reply Add rohumpy to your friends list Get a Link to this Reply
I recall that as a teen, I would go around bemoaning --It I had only one old coin, I would be happy. Needless to say it never worked out that way, I always wanted "one" more.

There is always another and another...
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weerdsteev's Avatar
United States
1291 Posts
 Posted 12/24/2008  09:30 am  Show Profile   Bookmark this reply Add weerdsteev to your friends list Get a Link to this Reply
I collect coins because they take considerably less space than a shrunken head collection. Nah. That's really not why. Coins are just fascinationg to me. Each one has its own story to tell - who designed it and why, what the political and social climate was at the time it was minted, the purpose of the designs on the coin itself, why more were minted in one particular year and less in others, etc. I especially like circulated coins. They have more "character." They've been "around." Who knows the places they've been to and the pockets they've been in. If they could only talk!!
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Jamez's Avatar
United States
750 Posts
 Posted 12/24/2008  09:31 am  Show Profile   Bookmark this reply Add Jamez to your friends list Get a Link to this Reply
This is easy to answer.

History
Knowledge
I like them
I have a severe case of OCD and this helps. OR.. maybe not.. LOL
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Figman's Avatar
United States
245 Posts
 Posted 12/24/2008  09:58 am  Show Profile   Bookmark this reply Add Figman to your friends list Get a Link to this Reply
I inherited four family members collections just this past year. I've been a collector and scholar of Ancient Japanese "Nihonto Samurai" swords and have amassed a quality collection that exceeds most museums in the U.S.
Guess my relatives knew that I would enjoy and not sell, but pass down the legacy of coin collecting. Once I started looking into the vast amount of coins they passed down and the history they represent, I was hooked.

I'm still confused why my great uncle has "rolls" of mint 1964 and 1963 Lincolns......? LOL
Edited by Figman
12/24/2008 11:05 am
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AuldFartte's Avatar
United States
830 Posts
 Posted 12/24/2008  10:07 am  Show Profile   Bookmark this reply Add AuldFartte to your friends list Get a Link to this Reply
For me it's the aesthetics of the designs, particularly the "classic" US stuff; then there's the history, particularly of the ancient Greek and Roman coins; the sheer beauty of a lot of currency; and the desire to assemble a decent collection that I can pass on to my kids, if they're interested. I am hoping to have a complete date set of US Half Cents and Large Cents, a complete US Type Set 1793-1964, a complete British Victorian Type Set, and several of the significant ancients before I kick off. It's something that I find highly enjoyable, especially when I can afford something I really want. Slowly building my desired "sets" is quite rewarding.
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ceaton's Avatar
United States
1179 Posts
 Posted 12/24/2008  10:31 am  Show Profile   Bookmark this reply Add ceaton to your friends list Get a Link to this Reply
I collect because I enjoy the hunt for new coins, going to shows and meeting new people. Friend of mine got me into it a few years back and I have gone banana's since, buying as much as I can afford. I love the designs and looks of some really nice coins.

I also enjoy the challenge of putting a set together with the best examples you can find. Along they way you learn so much about them. Helps get me through cold winters too :)
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clembo's Avatar
United States
442 Posts
 Posted 12/24/2008  10:49 am  Show Profile   Bookmark this reply Add clembo to your friends list Get a Link to this Reply
The history behind coins is a driving force for a lot of us it seems. Of course I wasn't really thinking that at age 6 when I started. My parents figured it was a phase.

I HAVE always liked old stuff though. I'm the guy that will be on vacation, driving on a backroad, see an old cemetary and have a look around.
Don't know anyone buried there - just wonder what it was like there when they were alive.

So I don't know for sure but history, curiosity and addiction leap to mind.
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MtnCoinMan's Avatar
United States
462 Posts
 Posted 12/24/2008  11:11 am  Show Profile   Bookmark this reply Add MtnCoinMan to your friends list Get a Link to this Reply
Figman, that made me laugh. I have no idea why my dad has roll after roll of 1964 Lincoln Cents. He has advanced Alzheimer's now so I can't ask him.

I think that is why I started collecting, it is easy to pass down to the next generation and they can add to it. Passed down money just gets spent. But passed down items carry intrinsic values.
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jbuck's Avatar
United States
187702 Posts
 Posted 12/24/2008  11:16 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
I am not sure I have a definitive answer as to why, I just do.

However, I must say that I love Sap's explanation!
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DNA's Avatar
United States
2734 Posts
 Posted 12/24/2008  11:48 am  Show Profile   Bookmark this reply Add DNA to your friends list Get a Link to this Reply
Well, when I looked at all the coins I've saved over the years, I figured I may as well be 'officially' a coin collector...
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Conder101's Avatar
United States
17884 Posts
 Posted 12/24/2008  11:55 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
I believe the collecting compulsion has a genetic basis. A person is either born a "collector" or he isn't. The non-collector couldn't and wouldn't build a collection of something, anything unless you paid them to do it. Even then they would have no interest in it, may not even complete it, and would discard it as soon as they were finished.

For those with the collector gene, once they are exposed and start collecting something it does become an addiction.

The gene seems to manifest itself in different levels of intensity. In it's weakest form the person merely accumulates with no ryhme or reason and has no problem stopping from time to time. At it's worst the person feels compelled to hoard everything and finds disposing of anything difficult.

When the collecting gene is combined with another gene that causes the person to have an organizational compulsion. Then true collections are formed. The organizational gene also expresses itself weakly or strongly. In it weak form the collection is merely built in a "fill the hole" manner. In its stronger form it drives the person to learn everything he can about the objects of his obsession.

This explains the hoarder, accumulator, collector, and scholar in a field. What it doesn't explain is why coins instead of something else. It may be something as simple as that was the first thing I was exposed to once the genes became active.
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KurtS's Avatar
United States
5318 Posts
 Posted 12/24/2008  12:34 pm  Show Profile   Bookmark this reply Add KurtS to your friends list Get a Link to this Reply
Whatever my genes dictate to me, I don't think organization is the main goal.
It's more like: "try to find the rarest, most interesting or valuable coin without paying too much"
I'm probably more of a treasure hunter with an interest in history and how coins are made, particularly die varieties.
This is what makes the hobby so interesting--everyone has different reasons for collecting
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