Are you an investor or a collector? Have you asked that question to yourself recently? Why do I ask this kind of question today? Last Friday, I had been posting about Bank Negara Malaysia (BNM) online shop petition (you can read it here: BNM online shop-petition) and many of my friends reply and join the petition. For some who don't like the idea, they asking me why do they need to sacrifice for other collectors who don't know how to get their collection at BNM? They said online shop will only killed our hobby and the price of BNM commemorative coins will be drop drastically because everyone can get new coin easily. Selfish? For me, everyone have their own opinion, you have the right to say anything you want.
Do you collect coins and banknotes as an investor? If you buy coins collection and think about gain any profit in the future, that mean you're an investor. You buy to gain profit not because the beauty of the coins. Most investor will buy and put their collection in a safe place. Nowadays, I saw many investor coming into this hobbies. Most of them don't have any knowledge of their collections. When I ask them why they join this hobby. Most of their answer were their friends said it is rewarding then buying gold. Are coin and banknote collecting more rewarding then buying gold? In my opinion, the answer is yes, if you have the knowledge and patient. If you can predict which coins will get highest profit potential.
Do you think you're a collector? Collector collect coins because in their eyes the coin design is beautiful and they want to keep it in their collection. Collector don't think about profit, they just want to collect. A collector will love to hold and look at his/her coins collection. Collectors always want a complete collection of anything that they like. They learn the history of the old coins and banknotes that they have in their possession. If they don't have enough money to buy any collection, a chance to hold their dream coins or banknotes, the way it feels to hold them, already satisfy a collector.
Some of us can have both attitude. Many collector keep their collections for profit but most of the time, the profit goes to a new coin. I cannot tell you whatever attitude that you must choose. I don't force anyone to join my online petition. In my opinion, BNM online shop is just an options if we want to buy any BNM new commemorative coins. Its just a place for us collector to share our opinion. If you think an online shop can help you get your collection, sign the petition. If you think it will only lower the profit gain from new BNM coin, you have your right not to sign. The choice is yours, I am only giving you opportunity to voice out your opinion.
You can always go to my post and click the ipetition link in BNM online shop-petition if you want to sign and agree with the petition.
