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Active Retirees : Active Retirees Dec-Jan 2013
26 | www.probussouthpacific.org n interest in collecting often starts in childhood, with people who started collecting at an early age continuing for social reasons, their own enjoyment, as a way to hold a physical link with history, or a chance to accrue wealth. "People often collect things like stamps as kids, then take up collecting again once they reach retirement," says Jim Noble, founder of coin and banknote dealers Noble Numismatics. Those collectors who do come to the hobby as adults often do so while travelling. "They might collect notes and coins from far - fung lands,” Noble says. "Many collect just for pleasure. Some also see it as a good way of meeting other collectors. Others like to collect to hold a piece of history in their hands," he explains. "It's also often a store of value." Noble cites one client, a Probus member, who collected Hong Kong and British crowns. When the collection was auctioned in 1995 it fetched more than $1.5 million. "There were no restrictions on what he bought. It was a very enjoyable collection to build,” he refects. “But you don’t need to be wealthy to build a collection. You can have modest means and still collect." While collectors can come from any age group, gender or socioeconomic background, they tend to share one personality trait: thoughtfulness. "A collector can be anyone from a motor mechanic to a doctor to a scientist," says Noble. "If someone's in a hurry, they might not be interested in collecting, but the thing about it is that people get hooked." Noble himself began collecting from an early age – frst stamps and later coins. "Then I went into the coin business when I couldn't stop thinking about it." He offers two tips: fnd your niche and don’t settle for second best. "Some people collect coins from the Roman empire, or coins from every English king," Noble says, rather than just coins of any type. Most importantly, and especially when dealing with items of value such as coins, it's essential to make sure you deal with a reputable dealer and do your own research, drawing on information available online and in books to ensure you pay a fair price. From little things... Just one small item can lead to a lifetime of collecting. It's more than a popular pastime; for many it's an obsession and, for a lucky few, a way to build wealth. By Alexandra Cain COVER STORY Anomaly Photography A
Active Retirees Oct-Nov 2012
Active Retirees Feb-March 2013