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Immediately Liking Coins Vs Growing To Like Coins

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Pillar of the Community
Canada
6768 Posts
 Posted 04/01/2013  11:32 am  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply
Will agree here with Poboxw.

Initially started NCLT collection with limited themes / series, but expanded it to "everything what I like". And after some period of time (half an year) understood, that I just can't afford collecting continues this way.

Just need to understand, that it impossible to buy everything and go back to the limits. Even if some coin is very nice in hand.
Some series I'll continue, some will stop.
Valued Member
Hoop130's Avatar
Canada
333 Posts
 Posted 04/01/2013  12:34 pm  Show Profile   Bookmark this reply Add Hoop130 to your friends list Get a Link to this Reply

The new canopy coin wasn't really on my wish-list. But it has an amazing scene of dept, plus first in the series made it a "must get" coin.
CCF Master Historian of USA Commemoratives
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commems's Avatar
United States
12284 Posts
 Posted 04/01/2013  1:19 pm  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply
I tend to only buy historical commemorative coins from the RCM, i.e., coins celebrating specific people, places, events from history. These types of coin are often more conservative in appearance. The "fancier" NCLT thematic coins about wildlife, flowers, etc. are not among the coins I purchase for my collection.

I've never returned a coin because I didn't like its design. That's not to say that I'm enamored by the designs of all the coins in my collection, but if I'm working on collecting a series (such as the commemorative silver dollars) I take the "good" with the "less good" and keep on collecting.

If the coin in question is not part of a series you are looking to complete, I would probably return it if you really don't like it. While there is a chance you will come to like it, there's a better chance that you won't and will always regret not returning it and using the money for a coin that you would have enjoyed more.


Collecting history one coin or medal at a time! (c) commems. All rights reserved.
Valued Member
Canada
292 Posts
 Posted 04/01/2013  1:34 pm  Show Profile   Bookmark this reply Add cookiecutter to your friends list Get a Link to this Reply
Many of you have suggested to keep coins that are in a series or will complete a series. Do any of you purchase coins as a one-off because you came late to the series and just like that coin?

@Ravenzcoins - I'm surprised if RCM is planning on doing a parallel series like the glass coins, that it isn't a similar picture. The silver vs nickel version of the ducks are completely different. That may actually be a good thing.

@Pixu - I'm the exact opposite. For NCLT, I tend to be drawn to the flashier, more colourful ones. I generally like "pretty" coins, so the duck purchase is a bit out of character for me. For my circulation coinage, I like having error coins and variations. But honesty, I don't tend to go back and look at them often. I like knowing that they're in the collection. But the NCLTs, I keep on going back to look at.

@Silveroid - I absolutely get that. When I see this month's credit card bill, I suspect I'll be reducing my spending habits drastically. I can't keep on buying the way I'm buying.

@commems - This is great advice. With other non-coin related purchases, I've never come to like the purchase. I usually regret purchasing a few months after the fact and end up donating the good to a friend or charity. I keep on thinking (maybe hoping) that coins will be different because I'll come to like it in time.
Pillar of the Community
poboxw's Avatar
Canada
1502 Posts
 Posted 04/01/2013  2:40 pm  Show Profile   Bookmark this reply Add poboxw to your friends list Get a Link to this Reply
A good way to curb spending is to find a local dealer (if that's available to you)
You can then see all the coins in person first, get first hand knowledge from the dealer if he/she is a good one, and pay with debit (which means it will be much harder to overspend)

I'm a bit OCD when it comes to series'. If I can't complete it within a reasonable price or amount of time, I usually give up. The only exception being the Natural Wonders series, of which I've kept and will continue to keep only 2 coins (the northern lights and niagara falls); all the other ones for one reason or another have absolutely no appeal to me.
Pillar of the Community
pocket change 50's Avatar
Canada
1751 Posts
 Posted 04/01/2013  3:06 pm  Show Profile   Bookmark this reply Add pocket change 50 to your friends list Get a Link to this Reply
What an excellent discussion, it really shows the potential of this Nclt forum. Everyone getting along a wonderful exchange of opinions and ideas! I collect all types of Canadian coins! I really didn't know there was a major distinction between them, until joining CCF. I'm still not clear on what the differences are, however, it's for a different thread. This topic has given me lots to consider, regarding how and what I collect and why I collect. I also have bullion coins I enjoy as much as my Nclt coins. I do however have a limited budget and need to narrow my focus to match my budget. I bought a few thousand dollars of coins last summer, celebrating paying off my mortgage, and I have a bunch that don't thrill me anymore. I hope to sell trade them in the future, so I can acquire the ones I real like. When I started collecting in earnest on Canada day, I went for coins that had history / artwork, I was all over the place, a newbie mistake! I have all the 2013 Charlton guides, I got them in sept, so my son and I look through and pick which ones we'd like to ad now. My problem there's too many cool releases and not enough money to purchase with! Happy Easter Rox
New Member
rowbat's Avatar
Canada
32 Posts
 Posted 04/01/2013  10:18 pm  Show Profile   Bookmark this reply Add rowbat to your friends list Get a Link to this Reply
I've just started in nclt, but my experiences are follows:
-I'll buy a coin if I like it (and am willing to spend the money on it), based on the pictures I see online.
-There have been situations where I've looked at a picture, did not really like the coin, but later, looking at the same picture, came to like the coin (and then, depending on availability of coin and my availability of cash, possibly bought the coin)
- I won't buy a coin I don't like and hope it would 'grow on me'. For example, the recent duck coins. I like ducks. I like duck hunting. I do not like the duck coin. Not sure why.

My biggest concern on whether to buy a coin or not is when it's a coin in a series. If there's a series with a coin in it I don't like, do I buy the entire series and then hide the 'unwanted one' behind the other coins on my shelf? Or do I just buy the ones I like, and have an incomplete series?
Valued Member
Canada
292 Posts
 Posted 04/02/2013  1:30 pm  Show Profile   Bookmark this reply Add cookiecutter to your friends list Get a Link to this Reply
I like the suggestion of only buying coins at the dealer after you see them in hand. I'd go one step further and say perhaps I need to start paying entirely by cash so that the transaction feels tangible. It would really get me thinking as to what I want and why I'm buying it. Had I done that, I probably wouldn't have bought the nickel duck.
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