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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>

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.]]

[[File:Modern-day coins across the globe.jpg|thumb|Modern-day coins, popular among collectors, an important part of hobby.]]

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>

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>



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