Mathew
You really hit on some points I have been thinking about lately.
Mostly the "Wow" coins.
Coins with the wow factor, seem to be the ones most collectors want
the most. That wow factor, will be very different for each collector.
We have collectors that collect from circulation and some that
seek out multi thousand dollar coins. Their wow coins are going
to be much different.
I have to remind myself not to judge my collection by what I see other
have in theirs. Just to be happy with what I have accomplished.
That is not to say another of your points is not valid, I think it is.
Save up your coin budget and buy better coins. I really need to do
this more. But that does take me out of my comfort level.
The coin collecting area of my brain says, save up a couple thousand
and purchase a nice 1916D Mercury. The rational area of my brain
says use the couple thousand to purchase more rolls of
ASE's.
I have only a hand full of coins that would sell for over $1000. I think my
comfort level is more in the $25 to $100 range. The exception seems to be,
if I am fairly certain I can re-sell a coin for at least what I paid for it.
Which is a very hard thing to do.
So as much as I like seeing some of the fantastic coins/collection other
have, I should be happy with what I have so far.
Hopefully I will be around longer, so I can fill in some of those key coins
I really would like to have. So maybe someday those I pass my coins to
will say "WOW"