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Bargain hunting versus "list shopping"?

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BuffalosRock
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United States
309 Posts
 Posted 06/21/2012  10:19 am Show Profile Bookmark this topic Add BuffalosRock to your friends list Get a Link to this Message

As I get more into coin collecting I find myself doing more "bargain hunting" than looking for specific coins to fill album holes or complete runs I am working on.

At one point, I completely ignored anything not on my "lists". But now, if I see a coin in a type I like, selling for half its FMV, or an auction with minimal time left and extremely low relative price - I track it much more and am much more likely to bid or "jump".

Do you find that is a "natural progression" in the hobby?

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Australia
4046 Posts
 Posted 06/21/2012  10:24 am  Show Profile Check enworb's eBay Listings Bookmark this reply Add enworb to your friends list Get a Link to this Reply
i am envious of collectors who have stayed true to their goals. I have developed into the type who goes for anything and everything now. Its great because I can always find something but bad in that im yet to finish anything I've started yet.
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United States
2494 Posts
 Posted 06/21/2012  10:33 am  Show Profile Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list Get a Link to this Reply
I'm that way with Indian pennies. I can't resist a bargain where I know I could sell it for triple. Just takes half way decent pics.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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United States
11110 Posts
 Posted 06/21/2012  10:36 am  Show Profile Bookmark this reply Add just carl to your friends list Get a Link to this Reply
I always suggest doing as I do. By me we have 4 coin shows a Month, all year long. Prior to going to these shows I always sit down with a list of all the coins I need to complete sets. I also have a list of coins I just would like to buy if there. I sometimes look up all the prices so I know what I'm possibly in for mony wise.
Then I go to a coin show and leave those lists at home.
just carl
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United States
3903 Posts
 Posted 06/21/2012  10:42 am  Show Profile Bookmark this reply Add CaptainFwiffo to your friends list Get a Link to this Reply
Sometimes I see bargains in small lots (like 3-4 coins)... But I only actually need one of them for a set. The lot often goes for way less than the combined FMV for all the coins, but I don't end up buying it because I don't want to put in the effort of turning around the coins I don't need to make it worthwhile.
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United States
50 Posts
 Posted 06/21/2012  11:18 am  Show Profile Bookmark this reply Add The Big Show to your friends list Get a Link to this Reply
Personally I am a list buyer. But my list is really long because I really don't have much of a collection as of right now.
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United States
2876 Posts
 Posted 06/21/2012  11:25 am  Show Profile Check IndianGoldEagle's eCrater Listings Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Nothing wrong with bargain hunting. I always buy what looks good to me and a bargain never hurts.
Check out my coins and bullion at http://usn6771.ecrater.com/index.php low prices, free shipping for CCF members.
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United States
660 Posts
 Posted 06/21/2012  11:30 am  Show Profile Check stud722's eBay Listings Bookmark this reply Add stud722 to your friends list Get a Link to this Reply
I stick strictly to my list.... of course my list includes: all world coins, all animal subject coins, all historical coins, all coins that grab my attention, etc. It really is a great hobby, but very difficult to control yourself to just one type of coin for me anyway.
243 Countries and Counting!
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United States
309 Posts
 Posted 06/21/2012  1:10 pm  Show Profile Bookmark this reply Add BuffalosRock to your friends list Get a Link to this Reply
I pass on the "bundle of 2-4" thing too. Not worth the hassle of offloading the spares.

But venturing outside my "lists" has started me down other runs of coins at times. Like buying a PR64 certified Frankie for $18 at a show last year, sticker was $25, that caught my eye got me into a certified proof Frankie run as I found that a number of them could be had at around $20 or so. I'm not a big Frankie or proof lover, but the proof Frankies ( due to so little detail and big fields ) look pretty sweet. A flashy blast white SLQ I picked up at a show has me looking for bargains on those a bit now.

I carry my greysheet around now ( and reading glasses LOL ) in case something "new" off-list strikes my eye.
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 Posted 06/21/2012  1:22 pm  Show Profile Check IndianGoldEagle's eCrater Listings Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
That's the only down side I can see to bargain hunting. You get hooked on too many different issues and create a bigger "got to have" list.
Check out my coins and bullion at http://usn6771.ecrater.com/index.php low prices, free shipping for CCF members.
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 Posted 06/21/2012  3:50 pm  Show Profile Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
I am a list shopper.

Bargain hunting would only cause me to start more sets before I finish the ones I have.
Jbuck! ... Coin Collector since 1978 ... Learn about my Avatar here!
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Finland
231 Posts
 Posted 06/21/2012  3:53 pm  Show Profile Bookmark this reply Add Eurocoin to your friends list Get a Link to this Reply
I'm world coin collector (20th-21st century type sets as a main goals) so it's very cost efficient to look for bargains. My list is so wide that I find easily something to buy at a bargain price. Of course it would be more rewarded if I would complete one country first and then another (minus hardest/high priced ones...) but this is the cheapest way I assume. I rarely buy bargains if they don't fit to my list.
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 Posted 06/21/2012  4:53 pm  Show Profile Check basebal21's eBay Listings Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
I am mostly a list buyer, but sometimes cannot resist a good bargin like that and will grab the coin. This usually leads to a new "list" for that series being created
Valued Member
Russian Federation
378 Posts
 Posted 06/21/2012  5:32 pm  Show Profile Bookmark this reply Add january1may to your friends list Get a Link to this Reply
I'm enough of a bargain hunter that I try to look for bargains even in my relatively few "lists"
Then again, most of what I thought was bargains ended up nothing of the sort, but I've got enough of actual bargains to seriously consider continuing it.

Unfortunately, my main "list" (one-copeck types) is now at the point where the few remaining post-1700 issues either aren't going to be a bargain unless they're fake or are out of my price range even at bargain levels (or sometimes both), and for pre-1700 the list just becomes murky in its own definition (e.g. can I substitute an already uncommon patronymic-less Feodor Ioannovich for a much rarer Feodor Borisovich if you couldn't tell these apart without a catalogue handy?); as for my other "lists", most of those are approximately at "I would certainly love to get that coin, but I haven't ever seen any offered in person", where "that coin" includes such surprising things as buffalo nickels and Franklin halves (never mind anything actually uncommon, like coins minted in New Orleans).
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 Posted 06/21/2012  8:43 pm  Show Profile Check jleveille's eBay Listings Bookmark this reply Add jleveille to your friends list Get a Link to this Reply
I look for bargains on KEY coins, these are the ones that help me complete my lists.
"Opportunity is missed by most people because it is dressed in overalls and looks like work."

-Thomas Edison
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