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Coin Collectors in America 30% ?

airedaleairedale Posts: 505 ✭
in U.S. Coin Forum
Last evening, while listening to Michael Savage on the radio he mentioned that 30% of Americans collect coins. Albeit he was hawking Swiss America or some such gold selling company but I find that number incredibly high!
John
Chance favors the prepared mind.
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Comments

  • StrikeOutXXXStrikeOutXXX Posts: 3,352 ✭✭✭✭✭
    That is the figure thrown around most often. The Mint reports 136 million Americans are collecting coins, using the current population of just over 300 million, it is about right.
    ------------------------------------------------------------

    "You Suck Award" - February, 2015

    Discoverer of 1919 Mercury Dime DDO - FS-101
  • ziggy29ziggy29 Posts: 18,668 ✭✭✭
    If you include people who just set aside some state quarters and fill our pennyboards, I'm not surprised.

    My mother-in-law hoarded all the bicentennial coins she found. Never did anything with them -- just tossed 'em in a big bin. If that sort of thing is included in the 30% figure, then I could believe it (even though I think of that more as "hoarding" rather than collecting).
  • MichiganMichigan Posts: 4,942 ✭
    Depends on how you define the word "collect". Some people have set aside a Kennedy half dollar or a few state quarters as a
    "curiousity" type item but whether you can classify them as a "coin collector" is open to interpretation. I have a few baseball cards
    throw in a box somewhere, I don't even remember where they came from, I certainly don't consider myself a "baseball card collector".
  • garsmithgarsmith Posts: 5,894 ✭✭
    image I've had a sparkletts bottle that I've been dumping pennies into for almost 30 years, but I only consider that I have been colecting coins for 7 years 11 months!

    Next month will be the 8 year aniversary of the first coin I bought for my collection a 1999 proof ASE's image
  • WritersblockWritersblock Posts: 1,196 ✭
    That 136 million figure counts everyone who collects like we do, everyone who has put aside a few state quarters, and everyone who tosses their extra change into a dish, jar box etc every night. Actual serious collectors who are willing to pay a significant premium for a specific coin they need is probably closer to 2 million.
  • NeoStarNeoStar Posts: 1,123 ✭✭✭
    According to the US Mint anybody with a piggy bank is a collector....image
    Click HERE to see my Registry Sets

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