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Focus Your Collection Tips?

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First Page  Showing last 15 replies.
Author Previous TopicReplies: 20 / Views: 3,185Next Topic Page 2 of 2
Valued Member
291 Posts
 Posted 09/22/2012  10:28 am  Show Profile   Bookmark this reply Add Senex to your friends list

Quote:
Does anyone else have this problem?


What problem?
Seriously, in addition to Canadian coins I collect USA coins, books, Mr. Peanut collectibles, 1964 World's Fair stuff and other assorted things.
My focus changes from time to time but my collections make me happy, so there's no problem.
Pillar of the Community
Canada
627 Posts
 Posted 09/22/2012  10:30 am  Show Profile   Bookmark this reply Add tfred to your friends list
@tdewbie

Answer a couple of questions for me first please. Be honest and think about it first.
1) WHY do you want to collect coins? (profit, history,pastime, prestige, etc, etc......)

2) What do you really LIKE? and why do you LIKE it?
New Member
Canada
9 Posts
 Posted 09/22/2012  11:52 am  Show Profile   Bookmark this reply Add Tdewbie to your friends list
@tfred

I just love collecting coins its a combination of history and pastime.

I love the art of Canadian bills. I also love Canadian coins mostly 50 cent . Then there is my strange fascination with odd denomination coins issued by the mint.

@senex I see your point if it makes you happy then just keep doing what you are doing :)

Thanks all for the words of wisdom.
Pillar of the Community
Canada
627 Posts
 Posted 09/22/2012  2:04 pm  Show Profile   Bookmark this reply Add tfred to your friends list
My Two Cents, is that you keep the answers to my two questions always in your mind. WHY am I collecting, and what do I LIKE. Also what senex says. Go with what makes you happy.
Valued Member
United States
337 Posts
 Posted 09/25/2012  09:42 am  Show Profile   Bookmark this reply Add FinanceGuru to your friends list
My first collection will be the Canadian glow-in-the-dark dinosaur set. Beyond that, I know I will need at least one ancient coin predating the A.D. era. I'll also be looking for unique coins in terms of shape, color, Historical significance, or simply personal attraction.

For example, I noticed that the recent Canadian zodiac coins have a scalloped edge. I think that's awesome but I don't like the entire set. I might pick up one or two of those.

I guess I'm with the camp of buy what you love. Of course, if you plan to make a profit off your collection then perhaps you should consult someone more experienced in that area.
Edited by FinanceGuru
09/25/2012 2:46 pm
Pillar of the Community
Canada
815 Posts
 Posted 09/26/2012  12:59 am  Show Profile   Bookmark this reply Add Anjohl to your friends list
When I started, I bought one of anything interesting. No concern placed on grade, just a decent specimen. Now that I have a nice representation of the major coin types I like, I have picked several series to focus on.

I identified that I LOVE nice obverse portraits of the monarchy, and that I love larger sized coins. I was going to collect GB Crowns, but there are several very high ticket items in that run, so I decided to collect Canadian Silver DOllars. I can get most at bullion price, and the few difficult ones can be obtained last or traded for.

I also collect NFLD Half Dollars, out of fascination, appreciation of my heritage, and the wonderful designs.
Pillar of the Community
Canada
815 Posts
 Posted 09/26/2012  01:07 am  Show Profile   Bookmark this reply Add Anjohl to your friends list
I will tell you guys, I can recognize a good purchase by how often I take it out of the binder and hold it. As boring an answer as this is, I absolutely adore Silver Maples. I think I love the combination of beauty, practicality, and investment.

But my true love, if I could afford it, would be old US and Canadian Notes. I have a few key pieces, and limit myself to 2-3 pieces per quarter. Again, as long as you enjoy what you HAVE, as opposed to obsessing over what you DON'T have, you will be fine. This is why I gave up on my proof silver/gold plated toonie run. I enjoyed the couple of pieces I had, but the thought of getting the rest was unattractive, so I scrapped it.
Pillar of the Community
United States
3486 Posts
 Posted 09/26/2012  01:29 am  Show Profile   Bookmark this reply Add matthewvincent to your friends list
"I can recognize a good purchase by how often I take it out of the binder and hold it."

That, and by how much I talk to it lovingly!

It is one thing to drool over another's collection and quite another to thing to drool over
one's own coins. I would suggest not focusing on a collection but rather focusing on which coins
and sets please you the most. Ever since I began to focus on those coins which spoke to me
I have had much more fun.
I do not need an album manufacturer to tell me what I "need" in a set.
Pillar of the Community
Canada
815 Posts
 Posted 09/26/2012  01:40 am  Show Profile   Bookmark this reply Add Anjohl to your friends list
Agreed Matthew. There are coins I bought, thinking I would start a collection, and it didn't work out. I kept them because they were interesting one-offs in an otherwise relatively ordered binder. There are coins I bought on impulse, just because the had a story. My 1906 GB Maundy piece is a good example. There are coins I bought just out of love of the design, such as my 1887 GB Florin, 1964-JFK Halfs, and Blue Ike. There are coins that mean something to me, namely the two 1967 Lynx Quarters my now dead grandmother gave me 25 years ago that I have had in my night table near my bed since.

Like a tattoo, nothing is a waste if you enjoy it, or think fondly of the person you were in that time.
Valued Member
United States
337 Posts
 Posted 09/29/2012  2:02 pm  Show Profile   Bookmark this reply Add FinanceGuru to your friends list
My newest fascination is the 1793 US Penny. How awesome would it be to have a coin from The first years of US currency.
Pillar of the Community
Canada
815 Posts
 Posted 09/29/2012  3:09 pm  Show Profile   Bookmark this reply Add Anjohl to your friends list
Most key datrs are within reach, unless the mintage is absurdly low
Pillar of the Community
Canada
3692 Posts
 Posted 09/29/2012  3:16 pm  Show Profile   Bookmark this reply Add Libertad to your friends list
re: "problem": I think that's why collectors stay in it into their golden years. Start young and never stop. Everytime you attain the one coin you've been desiring, there's always another one floating around that is in a higher grade. The fun never stops.
Pillar of the Community
Canada
3692 Posts
 Posted 09/29/2012  3:17 pm  Show Profile   Bookmark this reply Add Libertad to your friends list
One solution I can think of is that we pool in our collections a la Simpsons and share it. You get it Monday Wednesday Friday, I get it Tuesday Thursday Saturday, and we alternate Sundays. It's foolproof!
Valued Member
United States
337 Posts
 Posted 09/29/2012  7:26 pm  Show Profile   Bookmark this reply Add FinanceGuru to your friends list
Libertad - the coin rotation could work if shipping with insurance wasn't so expensive!
Pillar of the Community
Canada
815 Posts
 Posted 09/29/2012  8:18 pm  Show Profile   Bookmark this reply Add Anjohl to your friends list
We all buy one coin each, and pool them all!
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