How big is the coin market?

MrEureka · June 18, 2004 2:33PM

For example, how many people in the world have or are trying to put together a 50 piece type set of slabbed gem (65 or better) silver commems? I'd guess 400 people.

Now it's your turn. Pick a series and tell us how many people you think are collecting it.

ConstellatioCollector · June 18, 2004 2:34PM

Early Commems? Count me in, though MS66!

longtimecollector · June 18, 2004 2:39PM

Seated Halves by die variety................. MAYBE 50

roadrunner · June 18, 2004 2:42PM

counting reg sets, future reg sets, and future unreg sets:

For a gem MS Barbers: 20 halves, 10 quarters, 20 dimes.
For choice-gem seated sets by date: 5 halves, 2 quarters, 3 dimes.
choice to gem MS Morgans: 100

seated dollar sets: 2 (we know who)

roadrunner

FrattLaw · June 18, 2004 2:43PM

Toned MS Peace $ Date & Mintmark complete set -- 1

Oh, no I just realized I'll have no one to sell my coins to when I'm done with the set.

Michael

BAJJERFAN · June 18, 2004 2:52PM

Hard to say how many serious Morgan collectors are still active right now. I imagine there are a few sets from the past that are not being upgraded and how many of these are mint state is anyone's guess. The market is quite active and brisk but where the hell are they all going to?

mrearlygold · June 18, 2004 3:32PM

Early gold type sets.

More than 100

Rgrds
Tom

UncleWiggly · June 18, 2004 3:33PM

<< <i>Hard to say how many serious Morgan collectors are still active right now. I imagine there are a few sets from the past that are not being upgraded and how many of these are mint state is anyone's guess. The market is quite active and brisk but where the hell are they all going to? >>

I think there's a whole lot more new collectors than is given credit for. And allot of the new collectors are in "catch up" mode and buying a whole lot of them.

MS65 Twenty-Cent Pieces for all dates/mint. 10

Placid · June 18, 2004 4:10PM

SBA's-10

ARCO · June 18, 2004 6:02PM

Barber halves

MS64 or better 10-20
MS any grade 20-50
Mid grade and AU only 50-100
VG and below (junk coins)1000-2000

wallstreetman · June 18, 2004 6:08PM

Boy , you guys better hope your wrong or you'll get left holding the bag!

291fifth · June 18, 2004 8:32PM

The large, long-established, high-end dealers probably know the answer to your question. They aren't telling.

BAJJERFAN · June 18, 2004 9:22PM

<< <i>I think there's a whole lot more new collectors than is given credit for. And allot of the new collectors are in "catch up" mode and buying a whole lot of them. >>

The number of full sets of Morgans is limted to how many 1893-s coins are out there at 1 per set. Sheesh there are more 81-s in ms66 than there are 93-s in ALL grades.
A local gent who used to run a coin store once told me that he had a complete set ( raw I presume) of Morgans in ms63 so if thats true how many others like that are squirreled away!!

fivecents · June 18, 2004 9:27PM

Statehood quarters....15 million plus.
I believe it is these entry level coin collectors that has created the solid foundation for the current bull market.

ColonialCoinUnion · June 18, 2004 9:59PM

Colonial Type: 100

NJ Coppers by Die Variety: 50

MrEureka · June 18, 2004 10:25PM

Boy , you guys better hope your wrong or you'll get left holding the bag!

WallStreetMan - IF the market is as small as most people are guessing, there's lots of room for growth. Especially in a country of 300 million increasingly affluent people.

merz2 · June 18, 2004 10:41PM

I believe the number of Lincoln collectors,Circ and Mint State are literally in the tens of thousands.They will be striving to complete their collections as 2009 approaches.

JrGMan2004 · June 18, 2004 11:53PM

Capped Bust Half-Dimes by Die Marriage - I'd say probally less than 50 - and you can count me as one of them

coinguy89 · June 18, 2004 11:59PM

<< <i>Capped Bust Half-Dimes by Die Marriage - I'd say probally less than 50 - and you can count me as one of them

>>

Me too, although, im not as informed as you yet, lol. Im working on it though.

Peaceman · June 19, 2004 12:00AM

Ah... demand... it's such a good thing....

roadrunner · June 19, 2004 12:33AM

Wallstreetman, I don't fit any of the above molds. Don't collect any sets by date and have no real goal other than to buy nice coins. There are a huge number of type collectors or generalists (dealers included) who have no set goal or their goal is essentially unachievable.

While there may not be 100 type collectors who are building MS65 sets...and need an MS65-67 barber half....there are thousands of dealers, collectors, and investors/speculators who wouldn't mind having one if offered up.

roadrunner

boiler78 · June 19, 2004 12:36AM

1877 pattern half dollars. Only two collectors that I know of.

XpipedreamR · June 19, 2004 12:49AM

What are you guys basing these guesses/estimates on?

cladking · June 19, 2004 6:22AM

Five years ago there may have been fewer than a dozen serious clad quarter collectiors.
There were probably only a few thousand people attempting these sets on other levels.
Today there are probably close to a hundred pretty serious collectors and several thousand
interested enough to try to work a set and upgrade it as possible. There are probably anot-
her 100,000 collecting them from circulation and 10,000,000 working on just the states issues.

Bear · June 19, 2004 8:00AM

Aside from those collectors working on sets, you have people who just collect nice very high grade

coins for the beauty of them. While I have a number of Seated Lib quarters and half dollars in PR and MS

as well as Barber quarters and Half dollars in PR and MS as well as 25 Classic Commems, I will never compleate

a set. Only God knows how many of us there are.

Shamika · June 19, 2004 8:08AM

<< <i>Pick a series and tell us how many people you think are collecting it. >>

Buffalo nickels - 281 collectors

MrEureka · June 19, 2004 8:26AM

Buffalo nickels - 281 collectors

There are more than 500 collectors of MS Buffalos and probably way more than 5000 for circs.

Lakesammman · June 19, 2004 10:22AM

MS65R or better IHC's.......maybe 50. Only a handful can accomplish it, if you include a truly complete set, not just the incomplete basic set as defined by PCGS

coinkat · June 19, 2004 11:15AM

For MS65 coins, that is really a tough question

oreville · June 19, 2004 11:32AM

How many collectors of these things?

jacktheknife · June 19, 2004 11:38AM

Lincolns - Way out on a limb here with wild guesses

"Wheat Penny collectors" - Hundreds of thousands
Whitman Board "Hole Fillers" - Thousands
Slabbed Lincoln collectors - Hundreds
Hard Core Lincoln colectors - 50-100
Secretly wish they could dethrone Stewart (and are trying) - 10

XpipedreamR · June 19, 2004 11:39AM

Ummmm...anybody?

MrEureka · June 19, 2004 11:59AM

What are you guys basing these guesses/estimates on?

I'm basing my estimates on the collectors I know, the dealers I know serving collectors I don't know, and an extrapolation of their numbers to reflect the percentage of people I don't know. I also use slabbed populations and market availability as reality checks. My guesses aren't reliable, of course, but on average I'd bet they're in the ballpark.

haletj · June 19, 2004 12:48PM

Going through the Lincoln Registry, I'd say minimum 40 people seem serious to complete full red or nearly full red pcgs sets. Probably more like 50 or more. How many more unregistered pcgs sets? How many more raw (or mixed holder) collections? I would have no idea on how to guess the answers to these other questions.

How big is the coin market?

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