NUMISMATICS Publique Deposited

HOBBY OR INDUSTRY?

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  • The E-Sylum: Volume 8, Number 44, October 16, 2005, Article 26

    NUMISMATICS: HOBBY OR INDUSTRY?

    Last week I quoted an author who referred to "the coin industry".
    One reader writes: "Why is the collecting and selling of coins
    being called an industry? Nothing is manufactured - by the hobby
    or dealers. The only manufacturing is being done by the world
    mints and bureaus of printing. If there is any "industry" web site,
    such would be for them.

    I have been most disturbed by the use of the word "Industry" as
    a blanket moniker for the hobby and those of the dealer community.
    Nothing is manufactured - those in the "business" are marketeers
    of technically second hand goods and hobbyists are just that -
    taking a portion of their lives to escape from the realities of the
    world around them, to pause if you will, to explore an interest of
    enjoyment."

    [Although not an "industry", there is certainly a booming business
    surrounding the numismatic hobby, so I would venture to say it's
    safer to use the term "coin business" in this context. Coin dealers
    are brokers and resellers, providing a service to the hobby through
    their buying, selling and brokering activity. -Editor]

URL source Date publiée
  • 2005-10-16
Volume
  • 8

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Auteur NNP