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 Replies: 23 / Views: 2,527 |
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Moderator
 United States
188770 Posts |
My average could be well below a dollar since a large chunk has come from circulation. I have only spent more than $100 twice (the most being $130).
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Pillar of the Community
United States
7123 Posts |
The average price has changed over time, for what I'm paying now back in the day I could have bought 20 ounces of silver.
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Pillar of the Community
United Kingdom
1682 Posts |
Currently almost all of mine are at face value if you don't count the cost of postage to the US.
I have a good CCF friend who I trade with all of time to keep me current on US releases.
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Pillar of the Community
Canada
902 Posts |
My average purchase price is under $50. I have yet to top $200.
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Valued Member
United States
293 Posts |
Definitely under $50...if I had to guess I'd probably say that my average per coin price is around $3-4. Many of them for a dollar or less and a handful for $10 or more, but a lot of dimes and quarters in the $2-5 range over the years.
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Valued Member
Ireland
131 Posts |
Responded with my average cost per purchase which easily falls in the first range ($1-$50) but actual prices vary so much - I buy what I find pleasing to my eye and the only hard and fast rule I have is that my absolute limit for any single coin is $500.
Norm
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Pillar of the Community
Canada
902 Posts |
Interesting, it would seem for most of us it's a hobby and not an obsession.
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Moderator
United States
16679 Posts |
To me, it all depends. I can be more accurate on a per year basis on all types of coins. As of the past 3 Months, it seems to have been $200-$800. I have bought a few more Colonials for my type set, and some of these are not exactly inexpensive.
swcoin.ecrater.com
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Pillar of the Community
Canada
3692 Posts |
Overwhelmingly it's the $1-50 range. Now if you want accurate results you can redo the poll but split up that range into smaller groups.
Me, I'm more into the $5-15 range. Seldom times can I afford anything over $50.
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Bedrock of the Community
United States
17884 Posts |
If you take it over all your coins the average will naturally be very low. But if you take it as a moving average say just the coins purchased over the last four months with that four month period moving along as time passes, you will find average cost rising over the years as collections become more advanced and incomes rise. When I started my purchases were seldom more than a few dollars each, but now my average is in the $100 - $150 per coin range. Sure from time to time I'll make a much more expensive purchase or a much cheaper one, but the typical purchase is in the $100 to $150 range.
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Moderator
United States
188770 Posts |
Good point.
I did some calculations in my spreadsheet by looking at coin show purchases only. I did not include the circulation finds (which will severely lower the average) or annual proof sets.
The purchases since I joined the forum (December 2007): average price $50.
The purchases since 2000: average price $26.31.
If I remove the recent coins, the average price drops to $19.44.
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Pillar of the Community
United States
3294 Posts |
The majority of my collection was bought for silver melt value or lower. I probably have less then 25 coins where I paid more then that and those ones probably average in the 50-100 range.
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Bedrock of the Community
United States
14454 Posts |
this is a really hard question to answer because I have paid thousands for one coin and have also paid as low as a few bucks for others. I guess if I would put a average it would be around 300-350 or so because thats what most MS-64 1878 Morgans sell between until here recently. But for MS-65 1878 that price triples and I have quite a few of those as well
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Bedrock of the Community
Australia
21788 Posts |
The character of Sap's collection and my own are very similar. He has made all of the comments that I would make as well.
That is expressed in the average purchase price of a coin.
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Valued Member
United States
143 Posts |
My average price I spend on coins is a cent for a cent, nickel for a nickel, dime for a dime, and so on.
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First Page
Posted 07/05/2011 11:02 am
