Speculators Good For Hobby
Speculators are looked at with disdain by some collectors in our hobby. The recent survey in Numismatic News displayed some heartfelt reasoning for the hard feelings.
Resentment does not improve hobby enjoyment.
A collector may appreciate the benefits that speculators bring to the hobby. As speculators bring in new money, positive consequences occur.
Production of New Mint Products
World mints annually produce many more coins than collectors can afford to buy. Speculators support mint profits when they buy more coins than the collector base would have acquired. Profits encourage mints to make a wider variety of coins for collectors to
