{"ok":true,"canonical_url":"https://dealroom.so/glossary/rare-coin-stamp-collecting","api_url":"https://dealroom.so/api/public/glossary/rare-coin-stamp-collecting","data_freshness":{"sba_records_through":"2026-05-31","fdic_records_through":"2026-03-31","dealroom_last_updated":"2026-06-15","timezone":"America/Chicago"},"source_summary":["Public SBA 7(a) loan records","FDIC institution data","DealRoom lender and franchise enrichment"],"term":{"slug":"rare-coin-stamp-collecting","term":"Rare Coin/Stamp Collecting","group":"Reading the business","definition":"A business focused on the collection, buying, and selling of rare coins or stamps. The SBA generally considers these businesses ineligible for 7(a) loans.","what_it_means":"Like commodity speculation, businesses whose primary activity is collecting and selling rare coins or stamps for appreciation are generally not eligible for SBA 7(a) financing. This is because the SBA views these activities as speculative rather than true operating businesses. Verify the target business's primary revenue source carefully.","url":"https://dealroom.so/glossary/rare-coin-stamp-collecting","official_sources":[{"slug":"sop-50-10","title":"SOP 50 10 — Lender and Development Company Loan Programs","official_url":"https://www.sba.gov/document/sop-50-10-lender-development-company-loan-programs","official_label":"View on SBA.gov","authority_tier":2,"publisher":"U.S. Small Business Administration","source_guide_url":"https://dealroom.so/sba-7a/sources/sop-50-10"},{"slug":"13-cfr-part-120","title":"13 CFR Part 120 — Business Loans","official_url":"https://www.ecfr.gov/current/title-13/chapter-I/part-120","official_label":"View on eCFR","authority_tier":1,"publisher":"Office of the Federal Register","source_guide_url":"https://dealroom.so/sba-7a/sources/13-cfr-part-120"}],"related":[{"slug":"ineligible-businesses-rule","term":"Ineligible businesses rule","url":"https://dealroom.so/glossary/ineligible-businesses-rule"},{"slug":"commodity-speculation","term":"Commodity Speculation","url":"https://dealroom.so/glossary/commodity-speculation"},{"slug":"naics-code","term":"NAICS code","url":"https://dealroom.so/glossary/naics-code"},{"slug":"marketable-securities","term":"Marketable securities","url":"https://dealroom.so/glossary/marketable-securities"}],"related_questions":[{"question":"What is the purpose of collecting borrower certifications on SBA Form 1919?","url":"https://dealroom.so/for-lenders/questions/what-is-the-purpose-of-collecting-borrower-certifications-on-sba-form-1919"},{"question":"Can I use personal assets like a valuable coin collection or art as part of my equity injection?","url":"https://dealroom.so/sba-7a/questions/can-i-use-personal-assets-like-a-valuable-coin-collection-or-art-as-part-of-my-equity-inje"},{"question":"How does the SBA define \"associate\" for purposes of collecting personal guarantees on a 7(a) loan?","url":"https://dealroom.so/for-lenders/questions/how-does-the-sba-define-associate-for-purposes-of-collecting-personal-guarantees-on-a-7-a-"}]},"caveats":["Definitions represent DealRoom's plain-English interpretation for buyers; verify regulatory terms against the official SBA and eCFR sources listed.","Not legal, tax, or financial advice, and not an SBA eligibility determination."],"citation":{"label":"DealRoom.so Glossary — Rare Coin/Stamp Collecting","url":"https://dealroom.so/glossary/rare-coin-stamp-collecting","source_type":"DealRoom Data"}}