subject: Coin Collectors Buy And Sell [print this page] Many people do a lot of side businesses to make money. Some people like to collect coins for a hobby and as a way to make extra money. Gold coins are one that a lot of people like to collect because they know that there is a lot of gold buyers that are interested in all kinds of gold coins.
Gold has always been valuable and the way that we measure our dollar value. There have also always been a lot of collectors of gold coins and they love to do it. Some of the joy that the collectors of the coins find is not just in the making money from their collecting but in the collecting itself.
There is a large industry in collecting all kinds of coins. Some people collect old, English hammered coins as a hobby as well. They enjoy it because they have a link to the past and are excited to find rare coins. In fact, they are often a little finicky about the coins that they buy and trade with each other. Because the coins can be worth a lot of money, there can be some dishonest people trying to get something of value for a fake coin. Those who are true collectors can get a little annoyed with these people because they know that they are giving them a bad name.
The fascination with gold in this country began with the gold rush in California when people realized how much they could make when they found gold in the rivers. That started a mass exodus from the east coast to the west coast. These people were often referred to as gold diggers. That took on a negative connotation and referred to someone who was not responsible. This connotation has carried on to women who chase after men for their money and not because they love them.
Coin collectors are often also the coin buyers. They tend to buy the same types of coins that they sell. It is hard to imagine why someone would buy the same type of thing that they are selling. However, it is natural if you think about it. They will tend to buy the ones that they do not have as well as ones that they have and the duplicates are the ones that they then sell. That is how a lot of them support their hobby of coin collecting and those that are really good at it are the ones that make money doing it.