COLLECTOR DEMOGRAPHICS IN NUMISMATIC LITERATURE 上市 Deposited

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  • The E-Sylum: Volume 7, Number 50, December 12, 2004, Article 15

    COLLECTOR DEMOGRAPHICS IN NUMISMATIC LITERATURE

    Dick Johnson writes: "Mention of coin collectors' average
    age - 55 - in the last item reminds me of the pioneering
    study of collector demographics published over forty years
    ago. It was prepared by Robert Bilinski, Ph.D.

    He published the results of his study in his book, "A
    Guide To Coin Investment." I believe it was first published
    in 1957 and a third edition appeared in 1962 (the editions
    differ in the color of their paper covers).

    If you can disregard the back half the book, in which
    the author prophesied what he believed would be the
    estimated value in the future of U.S. coins, the real
    meat of the book is his statistical studies. This
    included collector age, income, profession, amount of time
    and money spent in the hobby, geographical location, and
    similar data.

    Once for an editorial in Coin World, I tracked down Bob
    Bilinski for an interview. I forgot what I wrote about in
    that editorial, but I remember asking about his methodology
    in compiling his statistics. He interviewed a large number
    of collectors. But the thrust of his factual studies was
    to aid in projecting those future coin values. (His tables
    were fact, based on his interviews, but the estimated
    values were pure fiction.)

    For his tables he extrapolated the figures from his raw
    data. (I had found an omission in one of his tables, and
    extrapolated what I believed would be the correct number;
    sure enough, he responded with that same undisclosed
    number!)

    Perhaps knowledge of collector demographics would be
    important today for planning by ANA and other numismatic
    organizations. Do any E-Sylum readers have a copy of
    Bilinski's bible (and care to comment on his 40-year-old
    data)? But, more importantly, have there been any more
    recently published numismatic demographic studies used
    by fellow readers?"

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  • 2004-12-12
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