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Am I Really The Only One?

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Valued Member
coinmaniac1's Avatar
United States
150 Posts
 Posted 07/23/2013  7:18 pm  Show Profile   Bookmark this reply Add coinmaniac1 to your friends list Get a Link to this Reply
Interesting thought. In my opinion, money fuels the world, so people connect monetary value to importance of a coin in their collection and resale value (although most people don't want to resell, it's always good to be safe with a price). The value is also a way to compare different coins.
Bedrock of the Community
United States
20753 Posts
 Posted 07/23/2013  10:14 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Ever watch the Antique Road Show in TV. Every item shown is always, and I mean always, the topic of value. How much is it worth? How much should I insure it for? And although many on that show actually say I just wanted an idea if it's valuable. Yet the answer is always in $$$$$$$$$.
On a few other coin web sites I've seen questions such as is this real? Should I save it? Are they hard to find? Yet although value wasn't mentioned, the people on that site too blab out things like "Not worth much" or "just worth a few dollars". And again, the value was not the question.
NO, your far from alone in not really worrying about the value of your coins. It's that so many people only think money, money, money.
I've got a few older cars. When I take one out for a ride, first thing I hear is what do you think that's worth? Not great day for a convertible.
Even Christmas time gets me a bit when I give something to someone and they say, wow, this looks expensive. Again, just to many people think money, money, money.
Of course look at it like this. If no one really cared about money, you could just walk into a auto dealer and say I want that and away you go. At a coin show, you could say I want one of each and no problem since there would be no cost. AND that is what I'm waiting for.
Pillar of the Community
Tom Goodheart's Avatar
United Kingdom
856 Posts
 Posted 07/25/2013  07:23 am  Show Profile   Bookmark this reply Add Tom Goodheart to your friends list Get a Link to this Reply
The coins I collect, they haven't made for over 350 years, so I can't just pick them out of circulation, I have to buy them.

So, yes, I have an interest in price and value, in that I have a limited amount to spend on coins and want to make the best of what I can afford.

And value is of course of interest since over the years I've gotten more fussy about grade/ condition and coins that used to excite me don't. So I want to know what I can get (what I paid is OK, though of course, I'd like a bit more!) in the hope I can sell the ones I don't want and buy ones I do!

Otherwise, it's just a question of how much do I insure the things for. Their "value" to me is of course very different from the money they might make if sold or cost to replace. Such as their history, art and the pleasure of handling something that has been passed from person to person over the centuries. Which I guess is what you're talking about Publius.
Pillar of the Community
trout1105's Avatar
Australia
7096 Posts
 Posted 07/25/2013  08:12 am  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply

Quote:
I have no problem with those who care about, or wonder about, the cash value of their coins.

I have NEVER kept a record of what I have spent on my collections, That would scare me stupid
I do however consider my collection to be worth a few bucks, That however will be determined on my death and at that stage I won't gives a "rats" , I am having fun with this and I enjoy it, "All is Good"
New Member
United States
25 Posts
 Posted 07/27/2013  11:04 am  Show Profile   Bookmark this reply Add dragonred385 to your friends list Get a Link to this Reply
I just like the idea of having valuable coins. I'm young and I don't have a career yet so I don't have a steady cash flow. If I found or bought a coin worth thousands of dollars for cheap, I would be happy, but I would never actually think about selling it.
Rest in Peace
Parklane64's Avatar
United States
2668 Posts
 Posted 07/27/2013  4:49 pm  Show Profile   Bookmark this reply Add Parklane64 to your friends list Get a Link to this Reply
Young dragonred you've done my heart good. That's how I am, if I inherited a million dollar coin I would be on the run from the IRS so's I could keep it.
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allranger's Avatar
United States
1391 Posts
 Posted 07/27/2013  5:39 pm  Show Profile   Bookmark this reply Add allranger to your friends list Get a Link to this Reply
I think a lot of new collectors feel a little self-conscious paying money for money. I know I do.
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