Coin collector vs collections representative

The differences between coin collectors and collections representatives can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-12 months to become both a coin collector and a collections representative. Additionally, a collections representative has an average salary of $34,015, which is higher than the $30,507 average annual salary of a coin collector.

Coin collector vs collections representative overview

	Coin Collector	Collections Representative
Yearly salary	$30,507	$34,015
Hourly rate	$14.67	$16.35
Growth rate	-8%	-8%
Number of jobs	3,733	85,275
Job satisfaction	-	-
Most common degree	High School Diploma, 46%	High School Diploma, 33%
Average age	46	46
Years of experience	12	12

Coin collector vs collections representative salary

Coin collectors and collections representatives have different pay scales, as shown below.

	Coin Collector	Collections Representative
Average salary	$30,507	$34,015
Salary range	Between $21,000 And $43,000	Between $26,000 And $42,000
Highest paying City	-	San Ramon, CA
Highest paying state	-	California
Best paying company	-	University of California, Berkeley
Best paying industry	-	Finance

Differences between coin collector and collections representative education

There are a few differences between a coin collector and a collections representative in terms of educational background:

	Coin Collector	Collections Representative
Most common degree	High School Diploma, 46%	High School Diploma, 33%
Most common major	Criminal Justice	Business
Most common college	-	-

Coin collector vs collections representative demographics

Here are the differences between coin collectors' and collections representatives' demographics:

	Coin Collector	Collections Representative
Average age	46	46
Gender ratio	Male, 62.1% Female, 37.9%	Male, 30.6% Female, 69.4%
Race ratio	Black or African American, 8.3% Unknown, 3.6% Hispanic or Latino, 26.0% Asian, 2.5% White, 59.2% American Indian and Alaska Native, 0.5%	Black or African American, 12.2% Unknown, 3.9% Hispanic or Latino, 18.9% Asian, 3.4% White, 61.1% American Indian and Alaska Native, 0.5%
LGBT Percentage	8%	8%

Differences between coin collector and collections representative duties and responsibilities

Coin collector example responsibilities.

Prevent impeding loss and increasing profitability through negotiation and enforcement of schedule collection campaigns, consistently achieving high success standards.
Prevent impeding loss and increasing profitability through negotiation and enforcement of schedule collection campaigns, consistently achieving high success standards.
Utilize various skip-tracing services such as Accurint and TheWorkNumber in order to locate consumers and verify employment for account recovery purposes.

Collections representative example responsibilities.

Protect A/R assets by managing a portfolio of accounts to maximize gainful sales and reduce debt losses.
Maintain effective communication and utilize negotiation skills with internal and external customers to effect collections while maintaining customer good will.
Submit all reconsideration and appeals if need.
Conduct periodic data cleaning of queues balances deny with deny appeals.
Resolve valid or authorize NSF charges due to decline credit cards or ACH transactions.
Collect and count inventories, reconcile purchases and scan UPC's and inputting price information.

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Coin Collector vs Collections Representative

Updated January 8, 2025

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