Editing Coin collecting (section)

==Collector types==
Some coin collectors are generalists and accumulate examples from a broad variety of historical or geographically significant coins,<ref>{{Cite web|title=10 Rules of Coin Collecting {{!}} Coin Collection Tips {{!}} American Numismatic Association|url=https://www.money.org/ten-rules|access-date=2021-09-16|website=money.org|language=en}}</ref> but most collectors focus on a narrower, specialist interest. For example, some collectors focus on coins based on a common theme, such as coins from a country (often the collector's own),<ref>{{cite web |title=Coin Collecting Themes-One From Every Country |url= http://www.australian-threepence.com/blog/2009/01/coin-collecting-themes-one-from-every-country.html |work=australian-threepence.com |access-date=26 August 2009}}</ref> a coin each year from a series,<ref>{{cite web |title=7 Popular Coin Collecting Themes |url= http://www.bellaonline.com/articles/art55473.asp  |first=Gary |last=Eggleston|work=bellaonline.com |access-date=26 August 2009}}</ref> or coins with a common [[mint mark]].<ref name="Coin Collecting Themes">{{cite web |title=Coin Collecting Themes |url=http://coinandstampcollecting.articlehq.net/Coin-Collecting-Themes.html |work=coinandstampcollecting.articlehq.net |access-date=26 August 2009 |archive-url=https://web.archive.org/web/20080915060757/http://coinandstampcollecting.articlehq.net/Coin-Collecting-Themes.html |archive-date=15 September 2008 |url-status=dead }}</ref>

There are also completists who seek an example of every type of coin within a certain category. One of the most famous of this type of collector is [[Louis E. Eliasberg]], the only collector thus far to assemble a complete set of known [[United States coinage|coins of the United States]].<ref name="Eliasberg">{{cite web |last=Hall |first=David |title=The Eliasberg Collection |url=http://www.pcgs.com/News/The-Eliasberg-Collection |accessdate=14 October 2013 |publisher=PCGS – The Professional Coin Grading Service |quote=His goal was to assemble a complete collection of United States regular issue coins, of every date, metal, denomination, and [[mint mark]] known to collectors at the time. He accomplished this monumental feat by 1950, by purchasing the last gold coin he needed (1841 $2 1/2) in 1949 and the last silver coin he needed (1873-CC no arrows dime) in 1950.}}</ref>
Foreign [[coin]] collecting is another type of collection that numismatics enjoy collecting.<ref name="CW1"/>

Coin hoarders are similar to investors in the sense that they accumulate coins for potential long-term profit. However, they typically do not take into account aesthetic considerations.<ref>{{Cite web |last=Ajaero |first=Tony Martins |date=2020-01-30 |title=Coin Dealer Business Plan [Sample Template] |url=https://www.profitableventure.com/coin-dealer-business-plan/ |access-date=2023-12-09 |website=ProfitableVenture |language=en-US}}</ref> This is most common with coins whose [[bullion|metal value]] exceeds their spending value.<ref name="Coin Hoards">{{cite web |title= Coin Hoards | url=http://www.australian-threepence.com/blog/2009/07/coin-hoards.html |work=australian-threepence.com |access-date=26 August 2009}}</ref>

[[File:Modern-day coins across the globe.jpg|thumb|Modern-day coins are a popular and important part of coin collecting.]]
Speculators, be they amateurs or commercial buyers, may purchase coins in bulk or in small batches, and often act with the expectation of delayed profit.<ref name="Collecting And Investing in Coins"/> They may wish to take advantage of a spike in demand for a particular coin (for example, during the annual release of [[Royal Canadian Mint Numismatic Coins (2000s)|Canadian numismatic collectibles]] from the [[Royal Canadian Mint]]).  The speculator might hope to buy the coin in large lots and sell at a profit within weeks or months.<ref name="Collecting And Investing in Coins"/> Speculators may also buy common circulation coins for their intrinsic metal value.  Coins without collectible value may be melted down or distributed as bullion for commercial purposes. Typically they purchase coins that are composed of rare or precious metals, or coins that have a high purity of a specific metal.<ref name="What is a Coin Collector">{{cite web |title=What is a Coin Collector? |url=http://www.2-clicks-coins.com/article/what-is-a-coin-collector.html |work=2-clicks-coins.com |access-date=26 August 2009}}</ref>

A final type of collector is the inheritor, an accidental collector who acquires coins from another person as part of an [[inheritance]]. The inheritor type may not necessarily have an interest in or know anything about [[numismatics]] at the time of the acquisition.<ref name="What is a Coin Collector" />

[[File:PCGS graded coin slab.jpg|thumb|150px|A [[Professional Coin Grading Service|PCGS]] graded silver coin]]