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 Replies: 66 / Views: 9,439 |
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Pillar of the Community
United States
1316 Posts |
Over $50, I better say something to my wife beforehand.
Over $100, I need to have a collecting need I can explain to my wife.
Over $200, I better be able to convince her its a true rarity.
Over $300, we're talking I might not see it again for a loooooooooooong time and its a PERFECT fit for my collections.
I've never gone over $400.
I've exceeded $300 maybe twice. Exceeded $200 only a handful of times. Exceed $100 from time to time. Most if it stays to double digits.
Edited by Collects82
01/12/2018 5:58 pm
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Pillar of the Community
United States
1361 Posts |
Great thread! I have to agree with most, it's all relative. The most I paid for a single coin, was a couple of hundred for a $5 gold coin, but that's why I have many incomplete sets. I stumbled into a complete set of early Lincolns that I got for only $400 about 10 years back, otherwise it'd be incomplete too.
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Valued Member
 United States
295 Posts |
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I stumbled into a complete set of early Lincolns that I got for only $400 about 10 years back, otherwise it'd be incomplete too. That sounds like a great deal! The 1909-S VDB is probably worth more than that alone. |
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Bedrock of the Community
United States
94367 Posts |
This is an interesting thread for sure. I was taken by mox's "average value" statistic, so I'll run it on my stuff this weekend.
Edited by Coinfrog
01/12/2018 6:46 pm
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Pillar of the Community
7234 Posts |
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The 1909-S VDB is probably worth more than that alone. Assuming it isn't a fake!  |
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Valued Member
United States
295 Posts |
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Assuming it isn't a fake! True, I suppose one has to be especially careful when it comes to key dates. I saw an article on NGC's website that said the 1909-S VDB Lincoln was their most commonly encountered counterfeit coin. Collecting date and mint mark sets isn't my cup of tea, but I don't think I'd take my chances with a raw key date like that in any case. |
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Pillar of the Community
United States
1361 Posts |
That's how & why I got it so cheap, I was taking a risk, but it was later certified.
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Pillar of the Community
United States
4085 Posts |
I can spend $25-50 for coins all day long. $100 is doable but starts to be felt in the pocketbook. $250 is a coin I really have to think about. $500 makes the pocketbook start smoking and anything over $1000 it bursts into flames.
I have only ever bought one coin over $1000 and can count the $500+ ones on one hand.
Edited by KenKat
01/12/2018 8:37 pm
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Moderator
 United States
34563 Posts |
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Whenever I hit 1000 coins I sell my least expensive coins. Very interesting idea--it forces you away from being an accumulator of coins. "If you climb a good tree, you get a push."
-----Ghanaian proverb
"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
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Pillar of the Community
United States
987 Posts |
More than $25 for any one coin is too much for me right now, only because I currently do most of my buying by cherry picking at LCS's.
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Pillar of the Community
United States
1261 Posts |
2017 was a buying year for me. I think I improved my collection quite a bit. I consolidated and sold a few and replaced them with some nicer pieces. However, I'm going to slow down n 2018. It's just a hobby and the family is on a budget. KenKat's pocketbook analogy is pretty much spot on for me.
I try to focus on nice, original circulated coins in order to stretch my buying power. A nicely toned EF coin is a joy to look at in my opinion.
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Bedrock of the Community
United States
12477 Posts |
2017 was a "buying" year for me, too. However, I only started collecting in late 2016.  The most I've ever paid for a single coin was $125. The vast majority of my purchases have been less than $10/coin. That's easy for me to do and justify. In the $10-$20 range, I have to think about it a bit more. Between that and my most expensive, there's not much to speak of at all. This year will bring some purchases in the $50-$100 range, but that's stretching it to do more than a few times a year. Since 2017 was my rookie year, I also spent a good amount on supplies including several Whitman/Dansco albums and lots of 2x2s and 20-pocket pages. On the flip side, I also made money by selling coins, including a change find and a couple of cherrypicks. That's something to consider in the equation for those who sell coins. In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
Edited by spru
01/12/2018 11:04 pm
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Pillar of the Community
United States
4211 Posts |
I have collected inexpensive coins for 40 years.
But lately I have been buying nice quality coins.
$500 is expensive to me.
$1,000 takes some planning and a few months.
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Pillar of the Community
United States
3479 Posts |
For me anything over $3,000 requires a double dose of pepto and a Xanax.... and a stiff drink followed by another.
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Bedrock of the Community
 United States
12921 Posts |
$2000 is a no-brainer though?
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Replies: 66 / Views: 9,439 |
First Page
Posted 01/12/2018 5:57 pm
