coin collecting album a pocket for your coins

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Unit 1: P1, M1, D1 Why would you complete research if you were creating a new media product? To find out if your target audience would buy your product To find out how much you could sell your product for To find out how to make your product more appealing to your target audience To find out how to market your product to your target audience Method Definition Advantage Disadvantage Primary Going out and physically collecting the data yourself for a specific purpose. This can be done through questionnaires, focus groups etc…… You can gather specific information through specifically chosen questions Data will be accurate and up-to-date Time consuming People might not answer the questions honestly – inaccurate data. Secondary Gathering data that has already been collected for another purpose (by somebody else). This can be done through the internet, magazines etc……. This is a quick process to obtain data Usually cheaper – (not paying anybody to collect the data) Wide choice of data – more information Can be really expensive to pay for such data May be biased Outdated Inaccurate Quantitative Quantitative research is a logical approach which is a method that is used to determine and generalize the results from a large sample audience. It quantifies people’s opinions, reviews, attitudes and behaviours using measurable data, making it easier to spot patterns in data. This can be obtained through, internet surveys and questionnaires. It is easy to spot patterns in the data by looking at the mode of numbers and positions of data. It averages the feelings of candidates, making it easier to analyse the results and create data groups. R esults are limited as they provide numerical descriptions rather than detailed analysis and human perception. Can be expensive and not suited to the type of information required Has to be conducted frequently as numbers changed often Qualitative Qualitative research is a type of market research that aims to find out people’s opinions and feelings rather than a rating of numerical value. A deeper insight into the results. Looks deeper into the results with ‘why’ and ‘how’ the results have been obtained by recording attitudes, feelings and behaviours. Collection of qualitative data is generally more time consuming so is necessary to include a smaller sample size.

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Page 1: Coin collecting album a pocket for your coins

Coin Collecting Album: A Pocket for Your

Coins?

Coin Collecting Album: A Pocket for Your Coins?

For every numismatist or coin collector, finding a good place to store their coins is the most

important thing in this world because storing their precious coins in a good and secure place will

ensure that the quality and value of their coins is maintained...

There are many types of storage spaces that can help you by displaying and storing your coins.

You can either use folders, holders, plastic tubes, or the album, but among these reliable storage

spaces, the coin collecting albums are the best way to display the coins.

According to Luke Lonergan, if you want to know why, here are some benefits of albums and

you can evaluate the concept from there:

1. Two-way image viewing

With coin collecting albums, you can get more satisfaction viewing your collections because

albums let you see both sides of your coins. You do not have to remove your coins every time

you want to see the opposite side.

Therefore, albums give you the best of both worlds.

2. Better defense against instant wear

Another benefit of albums over folders and other coin storage is that it gives the coins better

defense against harmful elements that will expedite the deterioration of the coins.

Albums are generally characterized by the use of plastic materials that serve as shield against

scratches and environmental factors.

3. Good coin holder

Albums provide pockets for coin storage. The best thing about using a pocket is that even

"dilapidated" coins or extremely worn coins are better protected.

Worn out coins, when placed in folders, have the infuriating tendency of falling out over and

over again. With coin collecting albums they are kept intact.

4. Variation in prices

Page 2: Coin collecting album a pocket for your coins

Albums that are used in coin collecting are usually priced from $20 to $40. Even though they can

be expensive, they provide better storage for your most-prized treasures. Paying the price for an

album is a great alternative to the other typical types of storage.

5. Information center

Coin collecting albums are great "information centers" as far as the hobby is concerned because

most of the albums that are used in collecting coins have an inside front cover| that allows you to

place important information regarding your collection. It also has a back cover that provides

space for your "mintage figures."

Coin collecting is easier and more pleasant with the help of these albums. It makes your treasures

last longer, thus, establishing greater value in them.

Therefore, coin collecting albums are definitely the best "keepers" for your coins.